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Introduction to the Education, EdTech & MOOCs Industry, Business and Industry Trends Analysis

Education, at both higher and lower levels, is one of the largest activities in the world (in terms of employees, expenditures and consumers—that is, students and their parents). However, somewhat similar to the health care sector, education’s expenditures, quality of output and ultimate results vary widely from nation to nation, and from place to place within nations.

In total, global public (government) spending on education (K-12 through higher education) was about 4.3 % of GDP, or $4 trillion for 2023. Globally, Plunkett Research estimates about 1.4 billion students in grades K-12 during 2023-2024, and about 250 million students in higher education worldwide.

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