fbpx
Market intelligence for international student recruitment from ICEF
5th Apr 2023

A big picture view of student mobility through 2050

Short on time? Here are the highlights:
  • A new analysis from HolonIQ projects an additional one billion post-secondary graduates worldwide through 2050
  • Driven by that strong demand for higher education, international student numbers are also expected to surge through the rest of this decade and beyond
  • Total direct spending by international students is projected to more than double from pre-pandemic levels to reach US$433 billion by 2030

A March 2023 webinar from sector research specialists HolonIQ set the stage for an expanded effort to map global student flows, and highlighted important projections for the coming decades.

In "Mapping International Education: Market trends, global flows, and futures," HolonIQ’s Co-CEO, Patrick Brothers, and Vice President, Education, Lucy Blakemore, drew on macro-economic and population indicators to make a case for expanding global demand for higher education over the next 30 years.

Previous analyses from HolonIQ have projected that global mobility for higher education would expand from a pre-pandemic level of five million students to as many as eight million students abroad by 2030. Mr Brothers and Ms Blakemore reflected on that forecast during the webinar – and said it now appears to have been too conservative.

They noted in particular the rapid expansion of populations in Asia and Africa. Both continents are expected to account for a greater share of the world’s population as we move towards the end of this century. Asia and Africa are projected to account for approximately 80% of the total global population somewhere between 2060 and 2070.

Those overarching trends have helped to inform a further projection from HolonIQ that there will be an additional one billion post-secondary graduates added through 2050, three in four of whom will come from either Asia or Africa.

Left: Billions of people with a formal post-secondary credential by continent, 1970–2050 (forecast). Right: Millions of new post-secondary graduates by decade and continent, 2020–2050 (forecast). Source: HolonIQ

The analysis concludes that many students will be seeking an English-taught degree or qualification. Roughly half of the top 500 universities worldwide are in the US, UK, Canada, or Australia.

Global demand considerably exceeds the enrolment capacity of those top tiers of institutions, however. which will lead to a more competitive context for international recruitment going forward.

Shifts in share

HolonIQ points out that the "big four" destinations have collectively held a very steady share of internationally mobile students since 2000. Those destinations' combined share has been stable at about 37% over the past 20+ years. The US, UK, Australia, and Canada's combined share of direct spending by international students worldwide is very high (80%), mainly because the cost of living and tuition is higher in those four countries than in most other countries.

Combined market share of international student enrolments for the US, UK, Australia, and Canada, relative to rest of world, 2000–2020. Source: HolonIQ

Mr Brothers noted that within the "big four," there have been notable shifts since 2000 in market share of international students. The US, in particular, has lost approximately 15% in share to the UK, Australia, and Canada since 2000, especially between 2015 and 2020. Canada gained the most share in that period.

Shifts in market share of international student enrolments between the US, UK, Australia, and Canada, 2000–2020. Source: HolonIQ

Along with the projected dramatic growth in international student numbers through the rest of this decade, HolonIQ is forecasting a major expansion of direct spending on international education. Total student spending is expected to more than double to US$433 billion by the end of this decade (from a pre-pandemic base of just under US$200 billion).

That forecast is informed by a number of important strategic shifts affecting international education, including:

  • The emergence of new types of credentials, notably shorter more flexible qualifications and even micro-credentials;
  • A closer integration between higher education, employment skills, and work;
  • New dimensions of competition across borders, including a greater emphasis on transnational education or remote delivery;
  • The normalisation of multi-channel learning, with an expanding range of delivery modes and student experiences integrated within programmes of study.

For additional background, please see:

Most Recent

  • What is happening with Indian enrolments abroad this year? Read More
  • ICEF Podcast: How are schools and agents adapting to rising visa rejection rates? Read More
  • Full-year data highlights decline in foreign enrolment in UK universities in 2023/24 Read More

Most Popular

  • Which countries will contribute the most to global student mobility in 2030? Read More
  • Research shows link between study abroad and poverty alleviation  Read More
  • Beyond the Big Four: How demand for study abroad is shifting to destinations in Asia and Europe Read More

Because you found this article interesting

What is happening with Indian enrolments abroad this year? Just a couple of years ago, Indian students were flocking to a number of attractive study abroad destinations,...
Read more
Full-year data highlights decline in foreign enrolment in UK universities in 2023/24 For the first time in ten years, the total number of students enrolled in UK universities fell in...
Read more
Analysis shows impact of immigration settings on international tuition fees at Australian universities Keri Ramirez, managing director of sector data specialist Studymove, hosted a fascinating webinar recently that looked at the...
Read more
US: Trump administration actions creating an uncertain outlook for international students So far this year, research indicates that international students still have a mainly positive view of study in...
Read more
Germany recovers an 8x return on investment in international students A new analysis from the German Economic Institute (IW), and commissioned by the German Academic Exchange Service (DAAD),...
Read more
Asian universities continue to rise in latest QS subject rankings The 15th annual edition of the QS World University Rankings by Subject was released today. While it still...
Read more
Global survey highlights new phase of internationalisation: From a “market era” to a “managed era” Amidst more restrictive immigration policies, declining student visa approval rates, wars (e.g., Gaza, Ukraine), the “America First” orientation...
Read more
Report projects need for greater diversification in international student recruitment this year The British Council has released its Five Trends to Watch report for 2025. The macro trends in focus...
Read more
What are you looking for?
Quick Links