The innovation in technology has led to the expansion of the market of online education and e-learning. The various countries in the Middle East are investing extensively to modernize and digitize the schools and universities. Consumers prefer online education as the online learning is affordable than the traditional education. The reason that online learning is more affordable is due to the fact that the courses can be tailored to fit the individual needs.
Middle East online education & e-learning market is anticipated to expand at a significant compound annual growth rate (CAGR) of 9.8% during the forecast period i.e. 2017-2023.
The mobile e-learning technology segment is projected to dominate the Middle East online education & e-learning market by the end of period 2023. The mobile e-learning technology segment is anticipated to expand at a CAGR of 8.7% during the forecast period i.e. 2017-2023. The mobile e-learning technology is gaining popularity among students and teachers on account of the rising sale of smartphones, tablets and penetration of internet users. Further, positive attitude of students is likely to drive the demand for the mobile e-learning technology segment in the Middle East market.
Middle East Online Education & E-learning market is segmented on the basis of technology type, component type, end user and country. Based on the end user, the segment is further sub-divided into the online education & e-learning for education sector, online education & e-learning for corporate sector, online education & e-learning for healthcare sector. With 58.9% share, the online education & e-learning for education sector segment held the largest segment in 2016. Online education & e-learning for education sector segment is further projected to witness the CAGR of 9.1% during the forecast period i.e. 2017-2023.
The report titled “Middle East Online Education & E-learning Market Outlook 2023” also includes some prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.
This report also studies existing competitive scenario of some of the key players of Middle East online education and e-learning market which includes profiling of Aptara Corporation, Tata Interactive Systems, Docebo, Desire2learn, Educomp. The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Middle East Online Education & E-learning Market Outlook 2023”, analyses the overall online education & e-learning industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in Middle East online education & e-learning market in near future.