HolonIQ’s 2019 Robotics in Education Report includes Market Maps and Segments, Growth and Key Players.
The Robotics market in education is forecast to grow from $1.3B to $3.1B to 2025, at which point it will be displaced by Artificial Intelligence.
HolonIQ’s Annual Report on the State of Artificial Intelligence in Global Education
Education is the key enabler for nations to realize their AI ambitions, yet the shortage of skilled talent remains the number one barrier to innovation.
$2B of EdTech Venture Capital was invested globally, $5B+ of education M&A, education stocks gained $30B of market cap
France leads EU in EdTech investments. Nineteen institutions of the Chamber of Commerce and Industry (CCI) open up to new investment resources. Odyssey network of schools raises €11 million.
Regulatory changes could impact education quality and burden on student debt. Foreign student enrolments further decline. Education groups, publishers, LMS providers and tech giants strengthen digital focus.
China sets long-term education modernization goals. Regulation on use of digital technologies is implemented in schools. K-12 players strengthen VC interest with new deals. Tomorrow Advancing Life (TAL) Education acquires Ready4.
VR adoption gathering momentum in defence training. U.S. government drafts national AI strategy to catch up with China and others. 11 new universities join university blockchain initiative.
Singapore ranks 2nd in 2019 Global Talent Competitiveness report. SEA countries double down on international education. EdTech startups in the Philippines are beginning to attract VC interest.
A total of $15B was earmarked for the education sector for 2019- 20. Four Indian startups are among the finalists for the Next Billion Prize. Byju’s acquires Osmo, a play- based learning start-up.
Australian international education sector grows by 15.3% over last year. Increased scrutiny on education agents and action against erring colleges on the cards. French and Hong Kong companies make valuable acquisitions.
Interest in Artificial Intelligence drives investments and influences academic programs. HK universities impress in Times Higher Education Asia-Pacific rankings.
Stocks tumble with Ministry of Education under investigation. Signa, an EdTech startup from Brazil, was a global finalist during the Next Billion Prize.
State owned VC funds and banks lead EdTech investments. Russia aspires to be among 10 leading countries in education quality. Web development and analytics skills demand shoots up by 140%.
The €5 billion K-12 Federal Funding package was passed in parliament. A centralized platform is planned for digital skill development. Largest education fair draws large numbers. Still, there are signs that show lack of digital leadership.
Amazon is set to train students across 1000 U.S. high schools in computer science education. Tencent continues its push into online education. Google invests $1 million in online tutoring startup.
Classi acquires stake in Educom to offer learning and school support package. Cram schools go digital. Mates EdTech raises 100 million JPY.
Global spending of AI in education to hit $6b by 2025. Universities incorporating blockchain into programs. VR adoption gaining momentum in corporate training.
19 education companies go IPO in 2018. Chinese regulations force companies to list on U.S. and Hong Kong exchanges. Pearson reports increase in profits in 2018.
Governments become more open to foreign players. Malaysian international students numbers jump up to 70% . Singapore moves away from testing and competition in schools. Startups focusing on ‘skills and jobs’ score high on VC investment.
An EdTech accelerator was launched in Paris. The French extra-curricular learning market is estimated to grow by 67% come 2022. Corporate learning, lifelong learning and technology education are driving multiple investments.
Pearson partners with Microsoft and IBM Watson for AI capabilities. Wiley Education Services acquires OPM provider, The Learning House, for $200 Million.
Three major changes in Japanese education are due by 2020. Tech companies are helping schools prepare for mandatory coding curriculum. Japan’s talent mismatch is identified as most acute in Asia-Pacific.
Education sector faces heavy regulations. Twelve companies IPO in Hong Kong and U.S. exchanges. $5.2b in venture capital investments totals more than all other countries combined. Tech giants foraying into education space.
Facebook launches its education site. Tencent invests $300m into Yuanfudau. Apple continues hardware push for education.
Government policies in 2018 target all levels of education. Education philanthrophy sees considerable activity. Moody’s maintaines a negative outlook for universities throughout 2018. USA ranks second to Hong Kong among most popular IPO destinations.
Significant portion of educational content can now be accessed through smartphones. Government announces three-fold increase in the annual budget for interest-free education loans. Regional language publishing is also on the rise.
Policy change to drive common national curriculum and technology development. K-12 market begins to consolidate. Brazil’s Ministry of Education launches USD $160M line of credit for launching of innovation projects.
International education revenue increases by 15.5%. A total of $30m was invested in EdTech firms through 15+ deals. Australian higher education regulator, TEQSA, tightens up private provider market.
Education institutions brace up for further cuts in funding. Immigration policies lead to waning interest from foreign students. EdTech sector continues to grow, with over $500m in investment raised in 2018.
8 Chinese companies IPO’d or files on HKEX. HK pivoting away from a financial center to an innovation hub. AI startup SenseTime raises $600 million.
Africa’s first EdTech incubator graduates first two cohorts. UNICAF’s online degree platform raises $28 million. Private school attraction in the continent is creating more market opportunities.
A €5b fund for digitization of school infrastructure is expected in Q2 of 2019. Acquisitions and partnerships drive EdTech investments rather than VC funding. Reform plans to address severe shortage of teachers.
China’s venture capital (VC) investments have grown more than two-fold over the previous year. India is also hitting the strides with new players coming through the ranks.
EdTech startups present two months of work under accelerator to industry expert practitioners. Micro-learning start-up wins at Russia’s largest tech startup competition.
National Council for Education omits key representatives. Germany faces shortage of vocational school teachers. State and federal education ministries reach agreement on funding deal.
LATAM EdTech startups gain international recognition. Brazilian Ministry of Education launches $160 million credit line.
Largest public bank opens first open data panorama of EdTech in schools. Ministry of Education and Caisse des Dépôts sign partnership for digital transformation in schools. EdTech giant is set to train software developers in Africa.
Leading education companies release quarterly reports with mixed results across the board.
Robodan raised $1.6 million. Ministry of Education releases second guide on programming education. Edion is set to offer robotics classes.
China’s VC investments in 2018 surpass the combined total of all other countries. Ministry of Education exercises strict regulations on after-school learning centers.
Asian countries surge ahead in VC/PE investments. Africa’s UNICAF raises $28 million.
Department of Education undertakes overhaul of federal loan program. University insures itself againt drop in revenue from Chinese students.
India becomes the third biggest EdTech VC investment market. Higher education in U.S. strengthens its appeal on Indian students. Laureate education exiting India business.
International education grows at twice the rate of overall exports. EdTech market is gaining traction. Education stocks face uncertainty.
AI, VR/AR technologies find increasing traction in defence sector. Institute of Ethical Artificial Intelligence in Education (IEAIED) in the UK is set to examine and address data privacy concerns for AI in education.
Challenger universities hoping to enter UK see positive signs. Four EdTech’s announce funding rounds of over $1 million.
Hong Kong steps up efforts for AI push. BabyTree IPOs on Hong Kong Stock Exchange. Game developer NetDragon launches digital education portal.
Africa’s largest online learning platform raises $28 million. EdTech incubator Injini holds demo days while its alumni raises R500K.
Tech giants move further into education delivery with free courses. Southern New Hampshire University (SNHU) aims to become a mega-university. Udacity hunts for a sustainable business model.
Government’s plan to address language and literacy skills in 5-year olds heats up competition. MooC course gaining wider acceptance among employers.
Foreign Direct Investment (FDI) in higher education set to rise. Tutoring and learning content EdTechs raise early-stage VC funding.
Increased scrutiny on international education amid non-compliance to regulatory standards. Navitas in the midst of an AUD $2b private equity bid. Review of higher education provider category standards commences.
Singapore abolishes testing system in schools. Private and international schools in Vietnam can now now enroll up to 50% Vietnamese students.
Hong Kong University of Science and Technology (HKUST) to build a new science and tech-focused campus in Guangzhou. Hong Kong’s Science and Technology Park (HKSTP) seeks more EdTechs to its programs.
Government finalizes proposal for mobility of education across Europe. Union leaders demand higher education to be a legal right. Shortage of teachers to push reform plans.
Report finds Education quality on a decline in Africa. Government and businesses come together to address challenges facing education.
Technological startups in the field of education, social and IT are to benefit from Ministry of Education’s $100m fund. A number of education-related seminars and conferences were also held this month.
Ministry of Education hosts European Code Week. Apple partners with social enterprise to teach coding skills to underprivileged students.
EdTechs focusing on arts and creative subjects raise funding. Fragmented markets in India and Europe are gaining traction.
AI adoption to flourish in China’s afterschool market. Massachusetts Institute of Technology makes $1 billion investment to setup new AI college.
Publishing house Wiley acquires Learning House for $200 million. Higher education adapting to the gig economy . Department of Education unveils unofficial version of of plan to setup neg-reg committee.
Softbank offers JPY 100 million in scholarships for AI research. Tokyo-based VC firm, Mistletoe, invests $4 million in South Korean startup.
VC funding in online education extends to creative and thinking skills. Digitization of homework still under criticism.
Three of the top universities impress in endowment returns. LinkedIn marches ahead for global talent platform dominance. Apple integrates university student ID cards into Wallet.
Ministry of Economy, Trade and Industry (METI) launches Future Classroom-Learning Innovation portal for latest EdTech trends. Japanese and American universities collaborate for online learning program.
MoE regulations ban use of competitions for admissions. Tsinghua University ranked best in Asia. Coding startups for kids raise investment.
India witnessing a surge of EdTech startups and investment interest. Enrolments of Indian students in UK universities are on the decline. Interest-free education loans to see massive spike.
Three hundred and sixty-four EdTech startups identified in mapping exercise. Kroton lays out ambitious merger and acquisition plans. Arco Educação raises around $220 million in NASDAQ IPO.
Additions of new private and international schools likely to cause surplus and outpace demand. School fee regulation favors local institutions.
Role of migration agents recognized. VISA policy to be amended to attract international students in regional areas. Australian universities and TVET providers provided avenues to expand in Indonesia.
U.S. second most popular IPO destination for global education. MooCs testing the market with new models. Philanthropic and Foundation investment in education outpacing venture investment.
Strong private school growth and acquisition activity. African EdTech startups selected to join 2018 MIT Solver Class. UK government announces $38 milllion funding for school partnerships.
Three EdTech companies raise over $10m between them. UK universities’ struggle for international students likely to continue. AI agenda in education gathering pace.
Stumbling blocks for the ‘digital pact’ Federal Funding Package. €8.7b annual spend required to ensure continuing quality of kindergarten schools.
Global EdTech volume skyrockets in Q3 of 2018. Indian’s only EdTech unicorn raises $100 million. Aggressive mergers and acquisitions activity on the cards in the education market.
Singapore ranked 13th worldwide in a study on human capital and productivity. Myanmar draws interest of foreign education providers. Philippines initiates review of its K-12 rollout.
Growing number of cyberattacks on EdTech companies and institutions. Kidsense launches automatic speech recognition technology targeted for the benefit of children. VR acceptance on the rise.
Russian EdTech platforms get international attention. Shares on online education in Russia three times lower than world average. Language learning a promising area for EdTech investments.
French bank to promote vocational education with € 2.5m in loans. French universities rise in world university rankings. Immersive EdTech start up Manzalab raises €2m.
Giant universities in U.S. to close mega donor campaigns. Regular universities struggle financially. Facebook launches more education initiatives in coding, robotics and VR.