Most Hungarians planned to spend 10,000 to 50,000 forints on Christmas presents in 2023. Another 21 percent of the respondents intended to give out 50,000 to 100,000 forints on gifts.

Tool to locate the datasets of Long-Term International Migration and International Passenger Survey estimates.

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The online higher education market share in the US is expected to increase by USD 33.35 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 19.82%.

This online higher education market in the US research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers online higher education market in the US segmentation by subjects (commerce and management, STEM, Arts, and others) and courses (non-degree courses and degree courses). The online higher education market in the US report also offers information on several market vendors, including American Public Education Inc., Adtalem Global Education Inc., Apollo Education Group Inc., Graham Holdings Co., Grand Canyon Education Inc., ITT Educational Services Inc., LINCOLN EDUCATIONAL SERVICES Corp., Perdoceo Education Corp., Strategic Education Inc., and Zovio Inc. among others.

What will the Online Higher Education Market Size in the US be During the Forecast Period?

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Online Higher Education Market in the US: Key Drivers, Trends, and Challenges

The collaborations between enterprises and educational institutions is notably driving the online higher education market growth in the US, although factors such as designing e-learning courses may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the online higher education industry in the US. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Online Higher Education Market Driver in the US

The collaborations between enterprises and educational institutions is one of the key drivers supporting the online higher education market growth in the US. Although such collaborations can take numerous forms, the most common are training, partnerships, or R&D partnerships. For instance, IBM-Charlotte was designed by the University of North Carolina-Charlotte (UNC-Charlotte) and IBM with the aim of enhancing the university’s technical vitality, expanding its local personnel resource bank, and ultimately offering IBM's technical communicators a way of earning degrees in their field of work. For UNC-Charlotte, the relationship with IBM gave its developing Technical Communication program community support and visibility and simultaneously provided faculty with research opportunities and practical experience at the workplace. Such collaborations are driving the growth of the online higher education market in the US during the forecast period.

Key Online Higher Education Market Trend in the US

Increased use of wearable gadgets is another factor supporting the online higher education market growth in the US. Technologies such as augmented reality (AR) are also changing the learning experience of participants. 3D simulations and scenarios that are developed using wearable technology devices give users a chance to learn in different learning environments. Moreover, the theoretical explanation of various concepts and step-by-step training on operations in an organization, followed by familiarizing students with on-the-floor working environments, are time-consuming. Therefore, wearable technology devices can help universities or educational institutions to engage with students directly on the floor. This reduces the duration and makes students more comfortable with online learning. Thus, the affordable prices of wearable gadgets will foster their greater adoption, in turn fostering the growth of the online higher education market in the US

Key Online Higher Education Market Challenge in the US

Designing e-learning courses is one of the factors hindering the online higher education market growth in the US. A significant amount of time, money, and resources are needed for developing the content for online courses. On average, moderately interactive online content takes about 90-240 hours to develop and costs developers approximately $10,000 per produced hour for moderate-level content. Similarly, the cost keeps rising as the complexity of the content increases. The major factors impacting the cost incurred on creating online education content are the resources needed, the state of the source content, the elements embedded in the online content, and the interactivity and instructional complexities involved. Therefore, this is a challenging factor for the growth of the online higher education market in the US.

This online higher education market in the US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effe

According to data from the Global Entrepreneurship Monitor, in 2023, 12.2 percent of the total female population of Latvia and 16.5 percent of the total male population in Latvia were involved in early-stage entrepreneurial activity. The Netherlands is one of the countries in Europe with the most equal distribution of early-stage entrepreneurs (TEA) by gender. No country in Europe has a higher female percentage of TEA and often the female percentage is much lower than those of males.

State-owned Enterprises (SOEs) are companies whose controlling shareholder is the government of a country or a related state institution. The largest SOE as of 2020, was the Industrial and Commercial Bank of China - alongside the China Construction Bank and the Agricultural Bank of China, these make up the three largest government controlled businesses in the world. SOEs commonly operate in sectors where there is a natural monopoly, such as in the transportation and energy sectors, or in areas which the public authorities deem government intervention essential, such as in housing credit - although many Chinese businesses appear on this list due to its unique socialist market economy.

In 2021, some 268 million passengers passed through ports in the European Union. Around 22 percent of all these passengers—nearly 58 million—embarked and disembarked in Italian ports. Greece, another popular European travel destination, saw over 52 million people passing through its ports in 2021.

In 2022/23 the value of tax receipts for the United Kingdom amounted to approximately 827.74 billion British pounds. This represented a net increase of over 512.1 billion pounds when compared with 2000/01. Since that year, the total value of tax receipts showed year-on-year increases in most years, except for 2008/09, 2009/10, and 2020/21 when the value declined. Tax receipts form the bulk of UK government income, based on various direct and indirect taxes. Tax revenue sources Of the revenue generation by taxation in 2023/24, over 273.27 billion of this came from Income Tax receipts, which was the main source of direct tax income for the government. After income tax, the next most substantial direct tax were contributions from National Insurance, which amounted to just over 177.74 billion pounds of tax revenue in 2023/24. The UK's main goods and services tax; Value-added Tax (VAT) amounted to 169 billion pounds, while Corporation Tax receipts added up to around 88 billion pounds. Although other smaller direct and indirect taxes produce notable income, these four sources were by far the main sources in the 2023/24 financial year. UK government finances While taxes and other sources of income raised more than one trillion pounds in 2023/24, the UK government expenditure was around 1.1 trillion pounds. This gap between revenue and expenditure was financed via government borrowing, which amounted to 107 billion pounds in 2023/24. As the UK government has been spending more than it earns for several years, this has resulted in significant government debt building up, expected to be the equivalent of 103.1 percent of GDP in 2023/24.

The number of visits from Hungary to the United Kingdom in 2023 totaled 300,000 trips. Except for 2020 and 2021, when travel rates dropped during the coronavirus (COVID-19) pandemic and 2022, the 2023 figure was the lowest since 2015, when visits from Hungary to the UK totaled 294,000 trips.