Over one billion more secondary and post-secondary graduates by 2030
Global Education and Training Expenditure is set to reach at least $10T by 2030 as population growth in developing markets fuels a massive expansion and technology drives unprecedented re-skilling and up-skilling in developed economies.
The next decade will see an additional 350 million post secondary graduates and nearly 800 million more K12 graduates than today. Asia and Africa are the driving force behind the expansion.
The world needs to add 1.5 million teachers per year on average, approaching 100 million in total. 50% teach in Pre-K and Primary. Post Secondary teaching will undergo the biggest expansion and change as the role of the teacher represents more of that of a mentor/coach than ‘sage on the stage’.
Education a $10 Trillion industry in 2030. Growing at 4.5% CAGR and making up over 6% of Gross World Product (GDP)
K12 over $5 Trillion by 2030
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