The "Education Industry in South Africa 2024" report has been added to ResearchAndMarkets.com's offering.
Access to education has improved significantly in South Africa since 1994, but many people continue to face barriers to education, and 147,807 children did not attend school in 2022. Despite high levels of government expenditure, the public education system continues to produce poor outcomes. Demand for private education continues to grow, with enrolments doubling over the past decade. Notable developments include the deregistration of some Educor colleges, and the appointment of new ministers in basic and higher education.
Opportunities
- Developing or providing accommodation for tertiary students.
- Edtech, notably coding, robotics and AI, is a high growth subsector.
- Online learning programmes, including online short courses and continuous professional development courses.
- Private education, including in the rest of Africa.
- Providing early childhood development programmes and support services.
- The rapidly growing English language teaching subsector.
Challenges
- A high skills mismatch.
- AI presents significant risks, notably as regards academic integrity, data privacy, bias and the potential displacement or replacement of educators with AI tutors.
- Corruption, maladministration and mismanagement. In tertiary institutions, failure rates are high and the completion rate low.
- Inadequate capacity at tertiary institutions.
- The quality of education provided by most public schools is inadequate.
- Learning outcomes continue to be undermined by the shortage of adequately qualified teachers, mismanagement and poor school infrastructure.
- The relatively limited availability of early childhood learning programmes in rural areas and poor communities.
- There is a shortage of schools for learners with special needs.
Trends
Continued demand for private education with enrolment growth outpacing public institutions. Edtech is a high growth subsector with coding and robotics increasingly being incorporated into the curriculum. Greater focus on early childhood development is driving demand for pre-school teachers, particularly in underserved communities and rural areas. Strong demand for online learning and hybrid learning. The use of AI in education is rapidly gaining momentum.
Outlook
With new ministers at the helm, the education system is under review. Improving learning outcomes will require getting the basics right, interventions, collaboration and public-private partnerships. A growing focus on technical and vocational skills is expected to lead to greater investment in the technical and vocational training subsector. With public education facing systemic challenges, private education is expected to grow.
The short- to medium-term focus will be on enrolments rather than building new private schools and colleges. There is potential for acquisitions in edtech and higher education institutions. Continued demand for online learning is expected to persist. Extensive staff training will be critical to ensure that AI is properly implemented.
Companies Featured
- Advtech Ltd.
- Cape Peninsula University of Technology
- Central University of Technology, Free State
- Durban University of Technology (Pty) Ltd.
- Eduvos (Pty) Ltd.
- K2014266944 (South Africa) (Pty) Ltd.
- Mangosuthu University of Technology
- Nelson Mandela University
- North-West University
- Regenesys Education (Pty) Ltd.
- Regent Business School (Pty) Ltd.
- Rhodes University
- Sefako Makgatho Health Sciences University
- Sol Plaatje University
- Stadio Holdings Ltd.
- Tshwane University of Technology
- University of Cape Town
- University of Fort Hare
- University of Johannesburg
- University of Kwazulu-Natal
- University of Limpopo
- University of Mpumalanga
- University of Pretoria
- University of South Africa
- University of Stellenbosch
- University of the Free State
- University of the Western Cape
- University of the Witwatersrand
- University of Venda
- University of Zululand (The)
- Vaal University of Technology
- Walter Sisulu University
Key Topics Covered:
1. INTRODUCTION
2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry
3. LOCAL
3.1. State of the Industry
3.2. Key Trends
3.3. Key Issues
3.4. Notable Players
3.5. Corporate Actions
3.6. Regulations
3.7. Enterprise Development and Social Development
4. AFRICA
5. INTERNATIONAL
6. INFLUENCING FACTORS
6.1. Unforeseen Events
6.2. Economic Environment
6.3. Labour
6.4. Environmental Issues
6.5. Technology, R&D, Innovation
6.6. Government Support
6.7. Input Costs
7. COMPETITIVE ENVIRONMENT
7.1. Competition
7.2. Ownership Structure of the Industry
7.3. Barriers to Entry
8. INDUSTRY SUMMARY
9. OUTLOOK
10. INDUSTRY ASSOCIATIONS
For more information about this report visit https://www.researchandmarkets.com/r/1oqiqj
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240930482985/en/
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