Higher education and other countries face a major crisis. The world of information is "flat" (Friedman, 2006), but higher education is not so. Higher education is responsible for educating people who have been educated with knowledge and skills to succeed in the "flat world" without fulfilling this responsibility. In response to the challenges of the global knowledge economy, leaders of higher education need to change priorities (Mihel, 2010). Over time, the educational system experienced tremendous change due to changes in social structure.
The first important trend is a great growth opportunity. The world education market is estimated to be worth $ 2 trillion. Singapore is ready to explore the growing education market thanks to its high academic reputation, excellent infrastructure, business center position and international society. The number of foreign students from Asia is amazing. Do you know that China has exported 118,500 students in 2005, over 100,000 students in India and tens of thousands of students in Indonesia? Singapore is the closest and cheaper than the United States and the United Kingdom, so Singapore is the most popular destination. So, you can find many ordinary people who become agents in the education industry to make money.
Online education is increasingly prevalent in modern society. Today, online education market is $ 165 billion. Based on world market insights, it is expected to increase to $ 240 billion by 2023. According to more optimistic forecasts by EdTechXGlobal and IBIS Capital by 2020, online education market will reach $ 252 billion, GARG will be 17%. The highest growth rate applies to companies that sell training solutions based on games and simulated real-world processes. For online education markets, EVO creates scoring systems for educational programs through graduate independent assessment. The platform combines partner's best tools and services to achieve self-development and to help people achieve their career, personal life and hobby goals.