»
»
International Education Poised To Reach New Heights by 2030

International Education Poised To Reach New Heights by 2030

[post-views]
International Education Poised To Reach New Heights by 2030

A recent survey shows that the international education sector is poised to grow dramatically over the next decade, reaching as much as US$433 billion in revenue.

HolonIQ, an international research agency, predicted the figure based on the market demand for international education by students who aspire to study abroad. It based this on the growth figures of the top 4 study destinations–the US, UK, Canada, and Australia–that totaled $196 billion. The rest of the world, which included Asia, Africa, and Latin America, also grew by $32 billion. 

While the world finds itself reeling from the current COVID-19 pandemic, as well as the shift to digital learning, the survey also notes that these are the very factors that could accelerate demand from students wishing to study abroad.

A survey that was taken during the pandemic showed that as of April 2021, only 50 percent of students believed that they would be able to study abroad as there was a slower rate of going abroad. But by January 2021, the number jumped 90 percent, with more students believing they would be able to go abroad real soon.

As for the shift to digital learning, HolonIQ takes it into account as being part of the future of international education. It is treated more of a means to augment travel rather than a substitute, they say. In other words, digital education is a pathway, a means to prepare students for their life in their chosen destination country later on.

With a predicted US$237 billion rise in revenues by the year 2030, this is a substantial jump from the US$103 billion rise witnessed during the period of 2010-2019. Of course, only time will tell if this prediction will come to pass. 

Reference:

New international ed market data a “promising outlook” throughout the next decade (thepienews.com)

MSM Unify is your one-stop source platform connecting students, higher education institutions, and agents around the world. Sign up now to get the latest updates and information on international education.

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp

Recent posts

Filter by Categories
International Education Poised To Reach New Heights by 2030 | MSM Unify
Inquire Now

Thank You

You are already subscribed for MSM Newsletter

Thank You

You have been registered to our newsletter successfully

Are you sure, you want to logout?

Yes, I am sure! No

Write for Us

Do you have a story to tell that will get students excited about learning? Are you an institution eager to reach out to students and share insights about the latest in edtech? Or are you an agent armed with useful information that can help students prepare and become successful with their international education? Do you handle a student organization and want to share your thoughts about pressing issues?

We want to hear from you!

MSM Unify welcomes pitches about every topic you can think about international education, professional learning, comprehensive assessments, technology integration, and everything in between.

Send us a message through our Contact Us page, and be sure to include the following details:

  • A few details about your post and an outline.
  • Links to any graphics or images you want to use.
  • Your target audience.
  • A short author bio with details about your role.

Note: Please make your submissions at least 800 to 1,000 words. We only accept original articles. Posts that have been published on other platforms will not be accepted.

MSM Unify Editorial Process

Your submitted pitch will be discussed by our editorial team. Once we decide to accept it, one of our editors will contact you for further discussions.

All articles submitted to MSM Unify will be subject to our Terms of Use.

Error!

An internal error occurred during your request.

OK