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

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Education, Education Technology & MOOCs OVERVIEW

8% of GDP, or $4.9 trillion for 2020.
     These numbers are Plunkett Research estimates.
     (On a worldwide basis, this makes the education sector somewhat smaller than the health care sector.) Globally, the UN counted 1.35 billion students in grades K-12 during 2019 (the latest year available).
     This amounted to about an 89% enrollment rate (of potential students) in primary schools and 66% in secondary schools.
      The UN also counted 227.6 million students in higher education worldwide.
     Meanwhile, the global education market also serves both working adults (corporate training and worker certification) and adults seeking learning for personal, casual or recreational purposes.
     Many working adults also return to universities in order to continue or expand their educations, often with an interest in changing or enhancing their careers.
     Corporate training and education was a $82.5 billion market in the U.S.
    in 2020 according to Training Magazine. Colleges and Universities:  In higher education, the U.S.
    had 11 million students in degree-granting, 4-year colleges and universities during the fall 2019 semester school year, and 5.4 million students in public 2-year colleges, (the latest year for which comprehensive data is available) according to the National Center for Education Statistics. Education in Grades K-12:  In the United States alone, 57.7 million students (public and private schools combined) attend classes from preschool through 12th grade, in 98,755 public schools of all types, operated by 13,588 school districts, plus 34,576 private schools.
     (Roughly 1.8 million additional lower school students

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