The British Council's latest study report on 'The Future of the World's Mobile Students to 2024' which was released in a conference, in Canberra, revealed that UK and US are set to dominate as international education host countries in 2024.
During this time, China, India, Nigeria, Saudi Arabia and Pakistan will all be crucial student source markets in a sector that is predicted to grow to cater for 3.85 million international students, up from 3.04 million in 2011.
India and China, which are the fastest growing source markets, will be contributing 8,55,000 and 3,76,000 students to the mobile student population, by the year 2024.
It is expected that India and China will contribute about 32% of the total global higher education students within a decade.
Germany, is likely to be the third largest contributor, with 1,39,000 students, overtaking South Korea. In the mean time, Pakistan, Turkey and Indonesia is expected to emerge as one among the important source markets.
The British Council's Education Intelligence Unit suggests that, US, UK, Australia, Germany and Canada will further continue to be the largest destinations in the education field.
The study revealed that globally, higher education enrollments will increase, although at a slower rate of 1.4% compared to the 5% to 6% seen in previous decades. India will be the fastest growing higher education enrollments market by 2024, leading the way with 12.7 million additional admissions nationally.
China will emerge as a competing host nation as it strives to reach its target of 500,000 international students by 2015. In 2012, China hosted 328,000 international students, and as investment in its own higher education system increases, researchers predict a possible drop in Chinese students travelling abroad for higher education.