Australia Education Market Expected to Reach over USD 115 Billion in Revenues by 2020: Ken Research - PowerPoint PPT Presentation

Loading...

PPT – Australia Education Market Expected to Reach over USD 115 Billion in Revenues by 2020: Ken Research PowerPoint presentation | free to download - id: 833d0d-M2JmN



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

Australia Education Market Expected to Reach over USD 115 Billion in Revenues by 2020: Ken Research

Description:

E-Learning market in Australia was estimated to be USD ~ billion in 2015, as the industry grew at a CAGR of ~% during 2010-2015. – PowerPoint PPT presentation

Number of Views:3

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Australia Education Market Expected to Reach over USD 115 Billion in Revenues by 2020: Ken Research


1
Australia Education Market Expected to Reach over
USD 115 Billion in Revenues by 2020 Ken Research
2
Innovative e-learning platforms and rising
competition among the students will provide an
impetus to the Australia Education
Market Australia education market has played a
key role in overall economic development of the
country in the form of revenues earned and also
contributed in terms of research and development.
Industry has grown at an unprecedented rate
during the period 2010-2015. Tertiary education
sector accounted for about one-third of the total
revenue of education sector in Australia in 2015.
3
K-12 School enrollments in various states and
territories were in line with population in
various states and territories. More than 75 of
students were enrolled in three states i.e. New
South Wales, Victoria and Queensland. This trend
was maintained over the years 2010-2015.
Australia is known for providing education to
overseas students coming from different countries
like India, China and others. High quality of
education and learning in institutes and usage of
English as a medium of instruction makes it a
popular destination among the international
students. Higher education was the largest
segment within the education industry in terms of
the revenues, majorly due to the large inward
movements of the foreign students who were
enrolled in several Australian institutes. This
has been owed to the easy immigration policy in
the country. In terms of gender, the higher
enrollments were for the male category in K-12
while the enrollments have been observed to be
weighed towards females in case of higher
education.
4
The second component of the Australia tertiary
education is the vocational education and
training. VET sector acts as a stepping stone
towards the corporate world as it builds upon a
crucial relationship between industry and
education sector. Most of the VET courses in
Australia include on-site learning experience
which helps the students in being industry ready.
Over 4.5 million students were enrolled in VET
sector in the year 2015. The Australian
government has taken numerous initiatives to
expand its tertiary education sector. The
government planned to refurnish the
infrastructure of the universities through
Education Investment Fund in 2008. Ten projects
worth USD 220 million were approved by the
government for restructuring of various
universities. A total of 61 projects were
approved under the three rounds held during the
period 2008-2012. Government has focused in STEM
related areas by considerably increasing funding
at high school level. The government allocated
USD 9 million to boost enrollments in science
related subjects in an effort to satisfy the
rising labor demands in these areas.
5
  • It has also been observed that the Australian
    parents are willing to spend exorbitant amounts
    for tutoring. The average fee of the tuition
    centers was in the range of USD 40 to 60 for a
    week, whereas fee in the private tutoring can go
    up to USD 120 for one hour, which is quite
    expensive as compared to other countries. Not
    only the tutoring expenditure has increased,
    parents have started opting tuitions for their
    children at a very young age.
  • The association between industry and the higher
    education sector has been constantly shifting and
    deepening. For universities to grow, they need to
    maintain deeper liaison with the industry, since
    the significance of industry based learning and
    on the job training will act as a competitive
    edge for the universities., according to the
    Research Analyst, Ken Research.
  • The report titled Australia Education Market
    Forecast to 2020- Expanding Higher Education
    Segment and International Enrollments to Drive
    the Market provides detailed overview on the
    Education Industry in Australia and helps readers
    to identify the ongoing trends in the industry
    and anticipated growth in future depending upon
    changing industry dynamics in coming years.

6
The report is useful for Universities, Schools,
other education institutes, government and other
stakeholders to align their market centric
strategies according to ongoing and expected
trends in the future. For more information on
the Publication, refer to below
Link https//www.kenresearch.com/education-and-re
cruitment/education/australia-education-market-rep
ort/47389-99.html Related ReportsSingapore
E-learning Market Forecast to 2020 Increasing
Learning Technologies in Corporate Sector to
Drive Future Growth India Talent Management
Software Market Forecast to 2020 Expanding
Service Sector and Training Programs to Drive
Future Growth India Test Preparation Market
Outlook to 2020 Growing Target Base and Surge
in Web Analytics to Drive Growth in Online
Space Contact UsKen ResearchAnkur Gupta, Head
Marketing CommunicationsAnkur_at_kenresearch.com
91-9015378249
7
(No Transcript)
About PowerShow.com