[Promising Careers Part 5] The Field That Will Dominate a $10 Trillion Market

Today, we will discuss the fifth part of the next-generation promising careers series: the field poised to dominate a $10 trillion market.

The next-generation promising field we’ll explore today is Education.

When we talk about the education field, this isn’t just about becoming teachers or professors. Instead, we’ll delve into the vast opportunities within the broader Education sector.

Since my expertise lies in the field of Education, I have a deeper understanding of this industry compared to others, so I encourage you to pay close attention.

The image above represents the population indicators of various countries. Recently, India surpassed China to become the most populous country in the world. Following India and China, the United States ranks third, with South Korea at around 29th place.

In general, population size serves as an indicator of supply and demand, helping predict potential needs.To evaluate market potential, we rely on projections: the Education field is anticipated to grow into a $10 trillion market by 2030.

The Education sector is growing steadily at an average annual rate of 4.5%, and even just the K-12 segment—students below the university level—is expected to account for approximately $5 trillion by 2030, demonstrating the sector's immense potential.In the U.S. alone, the Education market is projected to be worth $3.1 trillion by 2030, highlighting its significant share within the global market.

Examining U.S. immigration trends provides further insight into its educationa

l prospects.

Immigrant numbers are increasing, with many coming from Mexico and, among Asians, from India, China, and Korea. Notably, Korean immigrants are on a steady rise.

Now, let’s look at South Korea’s population distribution in 2020 and 2060. In 2020, the number of people in their teens and twenties was already low, reflecting an aging society. By 2060, aging is expected to intensify.

In contrast, the U.S. population structure in 2020 shows a relatively balanced demographic, with a robust number of people in the 10–20 age group—the key age for education. Even in 2060, while some aging will occur, the number of people in the education-receiving age bracket will remain high compared to other countries.

As seen in U.S. population and immigration trends, the population actively participating in learning is substantial and projected to remain so for the next 34 years.

It’s not just about the number of people; what they learn is equally important. The Education field doesn’t just cater to teenagers but also includes adults, encompassing a wide range of ages. As technology advances, children are starting to learn essential skills like coding and computer languages, reflecting societal changes that expand learning requirements.

Let’s briefly review modern education essentials:

• Coding and Programming – Now considered basic skills

• Digital Literacy – Education for older adults to handle digital devices

• Data Science and Analytics

• Artificial Intelligence (AI) and Machine Learning (ML)

• Cybersecurity

• Financial Literacy

• Environmental Science and Sustainability

• Global Citizenship and Cultural Competency

• Entrepreneurship and Innovation

• Robotics and Automation

With so much to learn, I believe students in their teens should study at least two of the fields listed above. These are likely to become foundational skills, with students needing to acquire multiple competencies in the future.

Interestingly, today’s widely accepted university majors often didn’t exist in the past.

Many modern majors are interdisciplinary, blending multiple fields. Here are a few examples of such programs:

• Management Science and Engineering (MS&E): A combination of business, data analytics, and engineering

• Symbolic Systems: An interdisciplinary program combining computer science, cognitive science, and philosophy

• Computational Biology: A blend of biology and computer science

• Media Arts and Sciences: Integrating arts, design, and computer engineering

• Biomedical Informatics: Combining medicine and data science

• Environmental Science and Engineering: Merging environmental studies and engineering

• Computation and Neural Systems: Computer science combined with neuroscience

• Space Engineering: A fusion of space science and engineering

• Energy Engineering: A combination of physical sciences and engineering

• Data Science: A fusion of statistics and computer science

• Computational Social Science: Social sciences combined with computational methods

• Financial Mathematics: A blend of finance and advanced mathematics

• Digital Media Design: A mix of computer graphics, art, and psychology

• Health Care Management: Business administration combined with public health

• Sustainable Development: A multidisciplinary approach integrating economics, environmental science, and public policy

• Biomedical Engineering: Life sciences and engineering

As we can see, there’s much more to study now than in the past, reflecting advancements in both scale and complexity. Other examples include:

• Neuroscience and Psychology: Combining neuroscience and psychology

• Ethics, Politics, and Economics (EP&E): Integrating moral philosophy, political theory, and economic analysis

• Cognitive Science: Blending psychology, anthropology, and computer science

• Information Science: Combining computer science and social sciences

• Robotics: A fusion of mechanical engineering, electrical engineering, and computer science

• Innovation and Entrepreneurship: Business and engineering

• Global Health: Public health, anthropology, and policy studies

With increasing populations and industrial advancements, the demand for learning is growing.

Within the Education sector, exciting fields include:

• Education Measurement

• Educational Statistics

• Educational Assessment

These areas analyze student data, including psychological factors and behavioral patterns, to design optimal educational methods. Although typically graduate-level fields, they are crucial and increasingly enhanced by AI.

For those interested in these areas, studying psychology, statistics, and education at the undergraduate level is a great start, followed by pursuing Education Measurement, Statistics, or Assessment at the graduate level.

Compared to other fields, Education tends to have less competitive entry barriers, making it an excellent starting point. Combining Education with fields like Computer Science can further enhance prospects.

Investment trends over the past decade reveal substantial funding in Education from nations such as the U.S., India, and Europe, underscoring the sector’s bright future.

Big tech companies are also entering the Education field, offering tools like:

• Google Classroom

• Chromebooks

• Microsoft Teams

While these are offered for free, the intent is not purely philanthropic. Big tech recognizes the potential of Education, aiming to broaden their reach and lock users into their ecosystems.

For example:

• Amazon provides free educational resources through AWS Educate and distributes Kindle materials.

• Apple offers programs like Apple Education and Everyone Can Code to train developers.

Education encompasses a vast array of opportunities, making it a field worth serious consideration.

Today, we explored Education as a promising career field.

For further inquiries, please contact A-One Institute.

Thank you!