EdTech

The Future of the EdTech and Professional Education Market in a Crisis

The Future of the EdTech and Vocational Education Market in a Crisis

Training with a guarantee of employment: "Methodologist from entry-level to professional"

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Head of the educational platform "Netology"

Photo: "Netology"

The evolution of demand for continuing professional education courses

At the moment, a clear decline in consumer interest in continuing professional education programs is already evident.

In an environment of uncertainty, when it is difficult to predict even the near-term prospects, people are reluctant to invest in training.

Currently, financial resources are becoming especially important for purchasing electronics, medicines, and for some people, even food. Everyone is watching how events will develop further.

A decrease in purchasing power and higher loan costs are negatively affecting demand. However, it is likely that it will recover over time, since the country will still need specialists in digital technology and information technology. This is especially true against the backdrop of the mass outflow of IT specialists abroad.

Nevertheless, it is currently impossible to determine with certainty to what extent this demand will recover. A moderately positive scenario assumes that indicators will remain at the same level as the previous year.

Head of the educational platform "Netology"

Photo: "Netology"

Promising directions for educational courses in the future

Over the past year, there has been a decline in interest in internet marketing. Restrictions imposed on Facebook**, Instagram* and the ban on advertising on Google and YouTube make this area even more chaotic and less attractive.

Nevertheless, brands and bloggers will inevitably have to adapt to the platforms and services available to users and businesses in Russia. This will create a need for professionals experienced in advertising on alternative resources and able to effectively monetize their products and content on these platforms.

Marketplace management specialists will remain in demand. These platforms, thanks to their traffic, extensive databases, and product diversity, have helped businesses maintain their consumer base during the pandemic. Currently, they remain an effective tool for optimizing sales processes, logistics, and attracting new clients.

Although many foreign IT services have left the market, programming and analytics remain in demand. Current and future professionals will face the need not only to maintain existing systems but also to create a new IT infrastructure.

Prospects for Demand for Adult Education Courses

During periods of instability, society is less inclined to focus on general education. Some citizens will certainly find a way to escape reality in studying general education subjects. However, the majority will seek information through available free resources. Therefore, it is unlikely that interest in such courses will become widespread and account for a significant share of online education sales. In difficult times, people need something that will relieve their pain, not add new knowledge.

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  • Will higher education give way to vocational courses?
  • The reasons why Russian adults continue their education or, conversely, abandon it, can be varied.

    On the one hand, many people strive to improve their qualifications or gain new knowledge for career advancement. This may be due to the desire to improve their professional skills, adapt to changes in the labor market, or change their field of activity. In this context, training becomes an important tool for achieving success and confidence in the future.

    On the other hand, there are those who prefer not to engage in training. The reasons can range from lack of time due to work commitments to a lack of motivation or interest in new knowledge. Some may believe that their current level of education and skills is sufficient to fulfill their professional responsibilities. Furthermore, financial constraints can also act as a barrier to gaining additional knowledge.

    Thus, motivation for learning depends largely on individual circumstances, career goals, and personal preferences.