MOOC’s digital reach just grew 2.5x, up 300 million monthly visits globally, as isolated learners seek immediate solutions to their knowledge and skills needs amid a rapidly-evolving work landscape.
The $140B global publishing industry has been navigating digital disruption for at least two decades. EdTech’s $160B+ market today will more than double by 2025, dwarfing the publishing market at large.
Pre COVID-19, the online degree market was one of the fastest-growing segments of global higher education. A $74B Online Degree Market in 2025 sounds like a lot, but not compared to Global Higher Education, today a $2.2T global industry. Online Degrees would still represent less than 4% of the Global Higher Education Market at these levels.
The HolonIQ OPM Capability Framework identifies six main types of OPX service bundles, with some interesting new combinations emerging.
Part 2. Launching our 4,900+ OPM Program dataset, sizing up the new $3.5B+ OPX category and sharing our Open Source OPX Capability Framework.
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.
By the time we reach 2025, more than 1 billion people on earth will have attained a post-secondary qualification throughout their lifetimes.
India is expected to overtake China as the largest country on earth by 2022 and grow to a population of about 1.5 billion by 2030. Education is set to become a powerful engine of the country’s economic growth and development.
Hundreds of industry experts assessed the likelihood and expressed their preferences about the future of the OPM model.
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.
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.
Pearson partners with Microsoft and IBM Watson for AI capabilities. Wiley Education Services acquires OPM provider, The Learning House, for $200 Million.
Facebook launches its education site. Tencent invests $300m into Yuanfudau. Apple continues hardware push for education.
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.
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.
AI adoption to flourish in China’s afterschool market. Massachusetts Institute of Technology makes $1 billion investment to setup new AI college.
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.
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.
Giant universities in U.S. to close mega donor campaigns. Regular universities struggle financially. Facebook launches more education initiatives in coding, robotics and VR.