There are many educated people in the world. The most recent estimates put the global population with higher education at 700+ mln people1. What is more important, in the next 30 years the population of highly educated individuals will almost double2. Add here the advances in AI and machine learning technologies. All in all, competition among educated professionals will be increasing dramatically in the near future.
Points to consider when thinking about building your career in the international market.
Global market size. Global market size. Any national market is only a share of the world's economy. It is true even for the US, China, or the European Union - all of three economies are still times smaller than the global market. The difference is even more striking for emerging economies.
Proportion. For many professions, especially in the professional services sphere, local markets are disproportionately undersized compared to the share of the country in the world GDP.
Exposure. The most lucrative projects are usually available only for professionals and companies who have international exposure. They have the global experience and skills required to apply for large-scale and profitable projects.
Strategic view. Global market not only offers greater opportunities, but it also requires a more profound understanding of business relationships on a higher-level scale. This strategic outlook is our key advantage as xtratoSphere combines top-level professionals with the tool needed to achieve greater results.
All in all, if you want to advance your career internationally, joining xtratoSphere is the right choice for you. It gives you opportunities to go global, acquire additional skills, improve your professional standing, and create your own network of international contacts.
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1 Based on the UN data using the ISCED 1997 methodology.
2 Based on IIASA (2015) research paper.