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Investments into digital technologies and industry 4.0 are transforming economies and consumer behaviour. The briefing examines how digitalisation manifests in manufacturing, mobility, education and consumer lifestyles to improve business ...

Industry turnover decreased in 2020 as a result of the COVID-19 pandemic and cuts in public funding. The Ministry of Education budget for the 2020-2021 academic year declined by 4.9% year-on-year, to INR851 billion, as the government made budgetary ...

In 2020, industry growth was adversely affected by the COVID-19 pandemic. In March 2020, the Russian government decided to close schools, in an attempt to contain the spread of the pandemic. School closures and heightened uncertainty caused a decline...

The industry witnessed sluggish growth over 2020, due to school closures, lower enrolment rates and budget reallocations triggered by the COVID-19 pandemic, resulting in lower public spending on education. In order to mitigate the adverse effects of ...

In 2020, the industry’s growth was negatively affected by the COVID-19 pandemic and heightened uncertainty. Some educational institutions witnessed a decline in student enrolment rates due to imposed lockdown measures and travel restrictions, while a...

The industry’s revenues continued to increase steadily over 2019. Government expenditure on education for the 2019-2020 academic year increased to GBP92.4 billion, up by nearly 5% in comparison to the 2018-2019 academic year. The major part of the ...

The education industry witnessed double-digit growth in 2019, driven by rising government spending. According to the Ministry of Education, the country continued to implement the 13th Five-Year Plan for Education 2016-2020, and raised education ...

In 2019, the US education industry witnessed a faster rate of expansion in comparison with the previous year, due to higher state and local government spending. In addition, the federal government allocated USD189 billion to education over fiscal ...

The industry maintained a steady rate of expansion in 2019, as the government increased investment in early childhood education, continuing education and training, as well as school modernisation. Expenditure on education by the federal, state and ...

The industry recorded only moderate growth in 2019, as a result of low public funding for education. Education spending as a share of GDP has remained stagnant over the last few years, and stood at 4% in 2019 – one of the lowest levels of expenditure...

The industry recorded moderate growth in 2019, as public spending on education increased by 3% year-on-year, to EUR52 billion. Around two thirds of expenditure was allocated to pre-primary, primary and secondary education, while nearly 20% was ...

The industry grew at a moderate rate over 2019, as education remained a top priority for the government. According to the Ministry of National Education, Higher Education and Research, public expenditure on education continuously increased, ...

In 2018, the industry witnessed sluggish growth, as public spending on education remained subdued due to high public debt. Public expenditure on education as a percentage of GDP in Japan was one of the lowest among OECD countries, especially in the ...

In 2018, the industry witnessed slower growth, as public funding remained limited due to continuous government efforts to eliminate the budget deficit. Nevertheless, education remains one of the main priorities, as it received the second highest ...

In 2018, the industry saw steady growth as a result of further implementation of the Ministry of National Education (MoNE) 2015-2019 Strategic Plan. It mainly focuses on teacher training, increasing completion rates in education, the promotion of ...

In 2018, enrolment rates in South Korean educational institutions declined further, due to the continuously falling birth rate and thus a shrinking school-age population. Nevertheless, the industry posted positive growth, given the continued ...

The education industry grew steadily in 2018, as a result of an increasing government focus on, and funding for education. Over the year, public spending on education rose mainly due to the Quality Schools reform and a rising number of students. In ...