Education

WHAT'S NEXT?: Education will increasingly be online, just-in-time and competence-based. VR will become more mainstream in education technology. The vision of easily accessible learning will be enormously powerful and widespread in a few years. The global artificial intelligence market in the education sector will grow exponentially and post an impressive CAGR of over 39% by 2020.

[New] The UK headline targets were to increase the value of education exports to £35 billion per year and the number of international students to 600,000 by 2030.
[New] Healthcare, insurance, and education will deliver the strongest industry gains in IoT spending this year with growth rates of 14.5%, 12.3%, and 11.9% respectively.
With just over 50,000 people in Scotland due to leave education this year to look for work, and with a further 25,000 young people already unemployed in Scotland, there is a clear need to protect and boost job opportunities going forward.
By 2035, there are expected to be 2.7bn students worldwide, and in order to meet higher education demand under the current structure; two universities need to be built per day, over the next twenty years.
With the increased prevalence of U.S. states including computer science as a required subject in K-8 education, in the next decade, nearly every child in the U.S. will be taking CS classes.
Youth unemployment in Britain will reach the 1 million mark over the coming year unless the government provides job guarantees or incentives for school leavers and graduates to stay on in education.
Some families might come away with a much more negative impression of online learning if it is haphazardly implemented and poorly executed through the rest of this school year.
Universities Australia predicted the loss of up to 21,000 jobs in higher education, and an AU$ 23 billion (US$ 14.5 billion) drop in export income from international students.
In 2020, deep learning will be applied across many industries at scale to implement innovation and accelerate transformation and upgrading.
AT&T launched 5G mobile services in several California cities last year and Verizon plans to deploy 5G to 100 schools next year as part of its Innovative Learning initiative.
In 50 years, there will be only 10 institutions in the world delivering higher education and Udacity has a shot at being one of them.
Reskilling Revolution is an initiative by the WEF to provide one billion people with better education, skills and jobs by 2030.
Artificial intelligence has produced an explosion in innovation and investment in education, with an estimated doubling in the growth of the global education technology market by 2025.
Major investments will continue to be made in health, education, housing and social programmes to address New Zealand's long-term challenges.
The WEF itself unveiled initiatives aimed at planting one trillion trees and providing one billion people with better education, skills and jobs by 2030.
In total, America will need to spend $41 billion, or 5%, more next year to roll out remote learning, expand food service for a growing number of low-income students, and extend the school year to make up for lost days.
By 2037, artificial intelligence will create more than 7 million new jobs in the healthcare, education, and science fields in the UK.
Driven by growth in middle classes in developing countries in Asia and Africa, the demand for higher education is set to increase from 160 million students in 2015 to over 414 million by 2030.
Poised to reach over US$ 116.4 Billion by the year 2025, Deep Learning will bring in healthy gains adding significant momentum to global growth.
A projected shortfall in next year's education fund due to the virus impacts will require significant reductions to school budgets approved before the arrival of the coronavirus pandemic.
US schools in Minnesota will remain closed until the end of this school year, with no guarantee that they will reopen in the fall for anything other than online teaching and learning.
The sales training market is expected to see an increased demand for learning analytics in 2020, as leaders seek to understand how training connects to broader business outcomes.

See full forecast

Last updated: 01 July 2020