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Australia Education Market Forecast: Ken Research

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Australia education industry’s market size was evaluated to be USD ~ billion in 2015. Tertiary education sector accounted for over one-third of the total revenue of education sector in Australia. – PowerPoint PPT presentation

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Title: Australia Education Market Forecast: Ken Research


1
Australia Education Market Forecast Ken Research
2
The report titled Australia Education Market
Forecast to 2020- Expanding Higher Education
Segment and International Enrollments to Drive
the Market provides a comprehensive analysis of
the K-12, VET, higher education, test
preparation, e-learning and private tutoring
industry in Australia. The report covers market
size and segmentation of overall education
industry which is further segmented into K-12,
higher education, vocational education and
technical training, tutoring, ELICOS and
e-learning which are explained independently. The
report covers profiles of leading players
(institutes/service providers) in different
spaces. The potential and future outlook for
education industry has also been discussed in the
publication. The report provides detailed
analysis of segments and sub segments, SWOT
Analysis, Trends Developments and major
restraints and challenges within the education
industry of Australia.
3
  • The report also serves as a benchmark for
    existing players and every new player who wish to
    capitalize the market potential and investors who
    are looking forward to venture into the education
    industry in Australia.
  • Australia Education Industry
  • Australia education industry has grown at an
    unprecedented rate in the past few years at a
    CAGR of during the period 2010-2015. Australia
    education industrys market size was evaluated to
    be USD billion in 2015. Tertiary education
    sector accounted for over one-third of the total
    revenue of education sector in Australia. The VET
    sector also accounted for USD billion of
    revenues in 2015 and was the second largest
    revenue generator sector.
  • Education is compulsory in Australia until year
    10 and mostly free of cost in government
    institutes, with very nominal voluntary payments
    required. Total revenue earned in 2015 by the
    K-12 sector was evaluated at USD billion with
    enrollments of about thousand students. About
    of the enrolled students in the K-12 sector
    were male while was females as of 2015.
  • Secondary education sector generated most of the
    revenue in this segment, accounting for about USD
    billion in 2015 with over thousand enrolled
    students. Primary and preschool generated USD
    billion and USD billion in the same time
    respectively.

4
  • New South Wales witnessed the higher number of
    student enrollments, followed by Victoria which
    had the second largest student population
    comprising of of the enrolled students in K-12
    education. Queensland, South Australia, Western
    Australia and all other states recorded , ,
    and of overall student enrollments in 2015
    respectively.
  • Higher education sector accounted for over
    one-third of the total revenue in the Australia
    education sector. The market size of Australia
    higher education market was estimated to be USD
    billion in 2015 and it grew at a significant
    growth rate of CAGR during 2010-2015.
    Enrollments grew at a CAGR of between 2010 and
    2015 with comparatively higher growth recorded in
    the last three years.
  • Management and Commerce courses drew highest
    number of student enrollments with over of the
    overall enrollments in higher education space.
    Society and Culture and Health were the next two
    popular choices of courses as they accounted for
    and of the total enrollments in 2015.
  • More than million students were enrolled in the
    VET sector in Australia in 2015, out of which
    around million students were enrolled in
    government funded VET courses. Total revenue of
    VET sector was evaluated to be USD billion in
    2015 as compared to USD billion in 2010.

5
Tutoring industry in Australia accounted for more
than USD billion in 2015. The tutoring market
has contributed robustly to the overall education
market in the past few years. One of the major
tuition center chains operating in Australia was
Kip McGrath which had over 130 centers across
Australia. Some other notable tutoring institutes
included Alpha Omega Education, Matrix Education,
Ace Learning Center and Dux College among others.
E-Learning market in Australia was estimated to
be USD billion in 2015, as the industry grew at
a CAGR of during 2010-2015. The government has
taken many initiatives to improve the
accessibility of internet across the country. One
of those initiatives was Digital Education
Revolution (DER) under which government allocated
USD 1.7 billion in 2007 for the next 7 years to
expand the accessibility of computers over all
the schools in Australia. Exams such as GAMSAT,
UMAT, IELTS, TOEFL, GRE, GMAT, SAT and PTE are
all competitive examinations and from an
important part of the eligibility criteria for
admissions in various courses in international
universities, especially in the US and most
European countries. The Test preparation market
in Australia stood at USD million in 2015,
increasing from USD million in 2010 at a CAGR of
during 2010 and 2015 while the enrollments
grew at a CAGR of during the same time.
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  • The total revenue from education sector is
    expected to cross USD billion by 2018. It is
    expected to grow at a growth rate of over till
    2018. Funding from the government has played a
    key role in the growth of schools and it will
    continue to do so atleast for the next 2-3 years.
  • Digital platforms will transform the education
    sector with the introduction of new techniques.
    The overall education market of Australia is
    expected to grow at a CAGR of during 2016-2020
    and is anticipated to value at around USD
    billion by 2020.
  • Key Topics Covered in the Report
  • Australia Education Market Introduction and Size
  • Australia Education Market Segmentation By
    Different Levels (K-12, Higher Education,
    Vocational Education and Training, Tutoring,
    E-Learning, Test Preparation and ELICOS)
  • Australia K-12 Education Market Introduction and
    Size by Revenue, Enrollments and Number of
    Schools
  •  Trends and Developments in Australia K-12
    Education Market
  • Competitive Landscape of Major Players in
    Australia K-12 Education Market
  • Australia K-12 Education Market Future Outlook
    and Projections
  • Australia Higher Education Market Introduction
    and Size by Revenue and Enrollments
  • Trends and Developments in Australia Higher
    Education Market

7
  • Competitive Landscape of Major Players in
    Australia Higher Education Market
  • Australia Higher Education Market Future Outlook
    and Projections
  • Australia International Education Industry
  • Australian Education Export Industry
  • Australia Education Industry Trends
  • Australia Online Education Market
  • Australia Education Statistics
  • Australia Education System
  • Trends and Developments in Australia VET Market
  • Australia Vocational Education and Training
    Market Future Outlook and Projections
  • Australia Test Preparation Market Introduction
    and size by Revenues and enrollments
  • Australia Test Prep Market Segmentation By Type
    of Test (GAMSAT, UMAT, IELTS, TOEFL, GRE, GMAT,
    SAT and PTE)
  • Competitive Landscape of Major Players in
    Australia Test Preparation Market
  • Australia Test Preparation Market Future Outlook
    and Projections
  • Australia E-Learning Market Size by revenues and
    Enrollments
  • Australia E-Learning Market Segmentation By
    Content Format and By Technology Services
  • Australia E-Learning Market Future Outlook and
    Projections
  • Australia Tutoring Market Size by revenues and
    Enrollments
  • Australia Tutoring Market Segmentation By
    Regional Distribution

8
  • Competitive Landscape of Major Private Tutoring
    Players in Australia
  • Australia Tutoring Market Future Outlook and
    Projections
  • Snapshot on Australia ELICOS Market
  • Snapshots on ICT in Education and Books Market
  • Government Policies/Initiatives and investment
  • SWOT Analysis for Australia Education Sector
    Market
  • Macroeconomic Factors Affecting Australia
    Education Market
  • Australia Education Market Future Outlook and
    Projections, 2016-2020
  • For more information on the Publication, refer to
    below Link
  • https//www.kenresearch.com/education-and-recruitm
    ent/education/australia-education-market-report/47
    389-99.html
  • Contact UsKen ResearchAnkur Gupta, Head
    Marketing CommunicationsAnkur_at_kenresearch.com
    91-9015378249

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