For the past few years, the enrollments in higher education in Brazil have been witnessing a steady growth rate of around 4%. The attraction towards attaining higher education, especially in engineering and computer science categories, has been observed to have increased in the recent past. The university education has also expanded rapidly to cater to this increasing demand. With around 50% of the nation’s higher education enrollments, Southeast region dominated in 2010. According to a recent research report by RNCOS, the government support, besides other key factors, is expected to help students’ enrollments mount at a CAGR of 4.5% during 2012-2015.
In Latin America, Brazil has emerged as the highly lucrative and one of the most underpenetrated education markets due to the overhauling of the industry’s regulatory framework. The report, “Brazil Education Services Market Forecast to 2015”, says that the thrust of the global economies to emerge as a knowledge economy has reinforced the education sector as the main economic and business driver, and Brazil has already started taking initiatives for developing the same. For strengthening the education industry, the government has mandated fundamental education for all. The secondary education has also been made compulsory for those who want to pursue higher education.
The report, an outcome of extensive research and objective analysis of the education market in Brazil, provides insights into private sector’s role in the industry, quality accreditation bodies existing in the country and international collaborations with foreign universities. The forecast, presented in the research study, is based on multiple economic models, including correlation and regression analysis and judgmental analysis of the team of industry experts. Overall, the study aims at presenting an unbiased picture of the Brazilian education services market to clients to help them plan right investment strategies.
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