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The evolution of education over the next decade will have significant and wide-ranging implications. Changes in technology, government funding, consumer and employer preferences will re-shape global education spend, which is estimated at over US$6 trillion in 2019. Digitalization of academic and administrative processes will become the “new normal” in a sector that is poised to be redefined.
The COVID-19 crisis will continue to unfold, in its wake driving major regulatory and competitive moves, accelerate advanced technology adoption, advance private-public partnerships and mobilize a new wave of triple bottom-line driven capital as government's seek alternative funding to grow and innovate human capital development.
This fast-paced session sized and segmented the global education, digitalization and technology market, benchmark regional technology trends and explore the anatomy of global “edtech”. We looked at Venture Capital and Private Equity capital trends, education's profile in capital markets and finally explored five scenarios for how education will reshape by 2030.
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