Global education market reaches $4.4 trillion — and is growing
Good news for those who see school reform as a way to make big bucks: A new report says that the global education market is now worth $4.4 trillion — that’s TRILLION — and is set to grow a lot over the next five years.The report, issued by the London-based investment bank IBIS Capital, said the fastest-growing sector, not surprisingly, is e-learning, which is expected to grow some 23 percent by 2017.
Here’s a graphic with some of the stats that IBIS gave to Education Week:
How fast has the global education market grown in the past decade? Early in the new
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