Education [New] World leaders have a lot to answer for as new figures reveal that governments are failing to give all children an education, and that by 2030 one in six children will not be in school. [New] The global Gamification in Education Market is expected to witness high growth during the forecast period. [New] Science, technology, engineering, and mathematics (STEM) is already a staple of western education, and in 2019, it will become an even bigger focus area in the Middle East. Interventions related to the road traffic environment for control and prevention of injuries will reduce RTIs, and may also reduce social inequalities. Moving beyond gesture identification and speech recognition AI as a technology, according to a study conducted by Technavio, was predicted to show exponential progression in the education sector; a staggering 45% growth by 2021 at that. The AI in education market is expected to reach an approximate market value of USD2 billion by 2023 growing at a 38% CAGR during the forecast period 2018-2023. By 2020, an estimated 65 percent of job vacancies will require educational training beyond high school, suggesting that, over time, all US jobs will increasingly require postsecondary education. Sixty-five percent of jobs will require some form of postsecondary education by 2020, so it's imperative for adults, particularly for non-credentialed adults, to complete postsecondary pathways that ensure they will not be left behind. To tackle period poverty in schools, the Department for Education will lead work to develop a national scheme in England to provide free sanitary products to girls in secondary schools. In the year 2023, the rate of access to higher education in Africa for 18-to -24-year-olds will be 30 percent, with 18 million students, a sixteenth of whom will continue their studies outside their country of residence, which represents the highest level of mobility in the world. The need for more education about AI and its real potential will be relevant this year and in the years to come. The coming five years will see AI be applied in more industries and bring substantial efficiency improvements-82% for education, 71% for retail, 64% for manufacturing and 58% for finance. To achieve access and quality education will require total spending on education to rise steadily from $1.2 trillion per year today to $3 trillion by 2030 across all low- and middle-income countries. Higher forecast crop yields and production in Australia are expected to more than offset a forecast fall in prices for some Australian commodities. Australian milk production is forecast to be relatively unchanged from the low level in 2018-19, as dry conditions over the past 2 years take their toll on production capacity. The value of Australian livestock production is forecast to remain stable in 2018-19 after a 17.7% increase in the 2017-18 year. The value of Australian livestock production rose by 17.7% in the 2017-18 period: While forecasts for 2018-19 are for production values to remain unchanged, poultry and wool is expected to experience modest rises. By 2040, the Middle East, which represents the largest natural gas reserves, in particular offshore Iran and Qatar, will see an expansion in the production of natural gas by 60%, leading to the need for dehydration. The International Monetary Fund (IMF) recently downgraded its 2019 growth forecast for China to 6.2% (from 6.3%). Lower Asian demand toward the end of the year and a mini-surge in LNG exports drove prices down: With continued price declines during the first part of this year, rapid increases in supplies could curtail some LNG capacity going forward. The EIA has revised its estimates for future OPEC production down significantly, given the sanctions on both Iran and Venezuela: For much of the balance of 2019 and 2020, it expects OPEC production to remain under 30 million barrels per day. See full forecast Last updated: 16 July 2019
