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The International School market is projected to make staggering growth over the next 10 years. We have compiled some of the latest trend forecasts below:
“Not only are new schools continually opening, but their ranks also grow whenever existing schools convert to an international curriculum, begin instruction using a foreign language (usually English), or open a satellite campus in another country. The rate of growth for 2011-2012 was 6.7%, and the twelve-year expansion rate has been an astounding 153%.”
Such massive growth defies current economic trends but seems set to continue. Brummit predicted at the most recent International Schools and Private Education Forum:
“Based upon the continuing market demand, within 10 years (by 2022), the number of international schools will expand to 11,331 the number of students will increase to 6.2 million , the number of staff to 529,000 and the annual fee income will reach almost US $60 billion.”
”Over the past four years the international school market has seen not just explosive growth, but rapid evolution, as a larger number of institutions are run for profit, corporate involvement has increased, and there has been an increased consumer demand for digital delivery.”
“‘Yet a third driver for International School growth is their perceived role in feeling talent into the host nation’s economy. While primary and secondary level international schooling is often seen by families in developing nations as a precursor to university overseas, governments are promoting international schooling as a way to fight brain drain by keeping bring students in country.”
”Brummit points out that, ‘The growing trend to send local children to international schools is based on the quality of teaching and learning that many of these schools provide, coupled with an understanding by local wealthier families of the value of an English-medium education.”
”Dubai, Abu Dhabi and Doha also are all currently facing pressure for school places. According to a more receint article, the problem is so bad that some expatriate families are demanding security of places before accepting new job placements.”
– Source: ICF Monitor 18 March 2013
