Surging Enrollments of Foreign Students and Growing Higher Education in the Country to Drive the Australia Education Market: Ken Research

Development in the E-Learning segment is expected to play a key role in the development of the education sector. Digital platforms will transform the education sector with the introduction of new techniques.
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 backed by easier grant of student visa makes it a popular destination among the international students.

Ken Research announced its latest publication on “Australia Education Market Forecast to 2020- Expanding Higher Education Segment and International Enrollments to Drive the Market” which provides a comprehensive analysis of the education 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, tutoring, ELICOS and E-Learning, explained independently. The report covers detail profiles of leading players 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. 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.

Schools which provide primary and secondary education in Australia can be categorized under three heads namely; government schools, catholic schools and independent schools. It has been observed that a major chunk of the enrollments occur in the government schools. The highest number of K-12 enrollments was recorded in New South Wales in 2015 and the same trend was followed in case of the higher education enrollments as well.

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.

Another 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.

On the other hand, in quest for better education, increasing number of students has been moving mostly to the US or European countries for higher educational studies which have fueled the demand for test preparation courses in the country. IELTS, UMAT and PTE were some of the major courses which held the highest number of enrollments in the coaching institutes as of 2015 in the country.

Australia is one of those countries which adopted the E-Learning phenomenon at an early stage. The definition of E-Learning has changed over the years as it does not just include sharing of study materials through internet; the main aim is to make the learning experience more interactive and informed through audio and video presentations. The market was driven by the introduction of high speed internet connections to households and institutions. Government has also setup and implemented initiatives to improve upon the existing scenario by introducing various policies in the education sector and also invested substantial funds to improve the infrastructure of broadband connections in all the schools in Australia.

According to the research report, education industry will record revenues of USD 115.0 billion by 2020 owing to the government support to the industry, developing e-learning platforms, emerging business models, venture capital investment in education sector, rising immigrant students and improving enrollments.

“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.

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
Australia K-12 Education Market Segmentation
By Gender (Male and Female)
By Level of Education (Preschool, Primary and Secondary)
By Regional Distribution (New South Wales, Victoria, Queensland, South Australia, Western Australia, Tasmania, Northern Territory and Australian Capital Territory)
By Type of Institution (Government, Catholic and Independent)
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
Australia K-12 Education Market Segmentation
By Gender (Male and Female)
By Type of Courses
By Regional Distribution (New South Wales, Victoria, Queensland, South Australia, Western Australia, Tasmania, Northern Territory and Australian Capital Territory)
Trends and Developments in Australia Higher Education Market
Competitive Landscape of Major Players in Australia Higher Education Market
Australia Higher Education Market Future Outlook and Projections
Australia Vocational Education and Technical Training Market Introduction and Size by Revenue and Enrollments
Australia Vocational Education and Technical Training Market Segmentation
By Gender (Male and Female)
By Course Level (Certificate I or II, Certificate III or IV,
By Field of Study
By Regional Distribution
By Age Group
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 (IELTS, TOFEL, 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
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
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
Australia Education Industry Cause and Effect Relationship
Australia Education Industry Analyst Recommendation