Research Nester published a report titled “Middle East Education Market: Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the Middle East education market in terms of market segmentation by sector, mode of education, type, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
Middle East education Market Sectors
The Middle East education market is estimated to occupy a large revenue by growing at a modest CAGR during the forecast period, i.e., 2021 – 2029, owing to the increasing expenditure of government in the education sector, growing demand for higher education options and escalating requirement to improve the landscape of education in the region. Furthermore, rising technological advancements in the learning methodology is expected to provide growth opportunities to the market in the future.
The market is segmented by sector, mode of education and type. On the basis of type, the segment for primary education is projected to grab the largest market share, which can be attributed to the large number of students enrolled in primary education scheme and the compulsion of primary and secondary education for all the children in the region. Moreover, by sector, the private segment is anticipated to witness notable growth on the back of increasing student strength in private schools of the Middle East.
Geographically, the Middle East education market is segmented into Israel, the Gulf Cooperation Council (GCC) and the rest of the Middle East. The market in the GCC is assessed to garner largest share over the forecast period ascribing to the high education spending in Saudi Arabia, improvement in course curriculum and rising focus on private education in the region.
Enhanced Quality of Higher Education to Drive Market Growth
In today’s world, there is a high demand for premium quality education. The governments of the Middle Eastern nations have taken various initiatives in the past few years to improve the status of education such as building guidelines, establishing quality assurance authorities and promoting e-learning. This is considered to be the primary reason driving market growth in the coming years.
However, lack of highly skilled teaching professionals and weaknesses in aligning graduates with the labor market in the region are expected to operate as key restraints to the growth of the Middle East education market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the Middle East education market which includes company profiling of TAALEEM, Pearson plc (LON: PSON), IDP Education Limited (ASX: IEL), Knowledge Hub, AMERICA-MIDEAST EDUCATIONAL AND TRAINING SERVICES, INC., Spearhead Gulf LLC, Navitas Pty Ltd, Ruskin Education, THE ALPHA SCHOOL L.L.C, Beaconhouse School System, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the Middle East education market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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