For some markets, 2020 was a benefit to company. Their vision and innovative thinking were finally recognized and given the attention they should have. One of them is education– specifically online learning and virtual schools.

Online knowing is proliferating and is well-positioned to be the next big thing in education. Virtual schools are on track to be an increasingly popular option amongst moms and dads and students even after they get the green light to go back to standard, in-person direction.

Educators, too, see the advantages. Why is it becoming so popular, regardless of issues over excessive digital screen time? What do virtual schools need to offer in our “next regular,” outside of helping everybody prevent direct exposure to COVID-19?

Wall Street approves, market sees money infusion from investors

The global edtech market is anticipated to reach $285.2 billion by 2027, growing at a CAGR of 18 percent from 2020 to 2027. Current reports reveal that investments in edtech start-ups reached $2.2 billion in 2015– a 30 percent boost from $1.7 billion in 2019.

Moneyed by such marquee-name financiers as Andreessen Horowitz and Union Square Ventures, edtech start-ups– whose technology underpins the infrastructure of lots of virtual schools– discovered a silver lining in the pandemic and utilized it as a springboard to develop and market brand-new innovations. Video conferencing platforms like Zoom and Google Meet, used now by traditional-turned-online schools, continue to rise in popularity, too. Zooms stock surged practically 400 percent last year, as reported by The Motley Fool.

About the Author:

One of them is education– particularly online learning and virtual schools.

During his teenage years, Garrett Smiley co-founded two non-profit companies: Drops of Love (devoted to building wells for clean drinking water in establishing nations), and FLiP (mentor financial literacy skills to kids in the foster care system in Atlanta). When Garretts schoolrefused to offer him excused absences or course credit for these experience-based real-life learning jobs, he recognized that he desired to start a school that would influence kids to pursue their enthusiasms and make a larger difference on the planet.

Sora is an online, project-based high school where students explore their interests, find out in whatever design is best for them, and gain important exposure to future professions and fields of work. Sora has a lively neighborhood of passionate students, teachers, and professional coaches who help students focus on their mission and function to be lifelong students.

What do virtual schools have to provide in our “next normal,” outside of helping everybody avoid exposure to COVID-19?

Funded by such marquee-name financiers as Andreessen Horowitz and Union Square Ventures, edtech startups– whose innovation underpins the infrastructure of many virtual schools– found a silver lining in the pandemic and utilized it as a springboard to establish and market brand-new developments.