Education, Technology (EdTech), Schools & Learning Industry Market Research

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Education, Education Technology & MOOCs OVERVIEW


       Education, both at higher and lower levels, is one of the largest activities in the world (in terms of employees, expenditures and consumers—that is, students).
     However, somewhat similar to the health care sector, education's expenditures, quality of output and ultimate results vary wildly from nation to nation, and from place to place within nations.
     Globally, the UN counted 1.28 billion students in grades K-12 during 2013 (the latest year available).
     This amounted to an 89.0% enrollment (of potential students) rate in primary schools and 66.0% in secondary schools.
      The UN also counted 198.6 million students in higher education.
     In total, global public and private spending on education (K-12 through higher education) is equal to about 6% of GDP, or $5.0 trillion for 2015, according to Plunkett Research estimates, a bit smaller than the health care sector.
     Meanwhile, the global education market also serves both working adults (corporate training and worker certification) and adults seeking learning for personal or recreational purposes.
     Many working adults also return to universities in order to continue or expand their educations, often with an interest in changing their careers.
     Corporate training and education was a $73 billion market in the U.S.
    in 2015, and a $155 billion global market, according to Plunkett Research estimates.
     Education in Grades K-12:  In the United States alone, 55.4 million students (public and private schools combined) attend classes from preschool through 12th grade,

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