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Middle East Education Market Segmentation by Sector (Public, and Private); by Mode of Education (E-Learning, and Classroom Learning); by Type (Pre-Primary, Primary, Secondary, Tertiary, and University Level) – Demand Analysis & Opportunity Outlook 2029

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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Middle East Education Market Highlights 2020 – 2029

The Middle East education market is estimated to garner a significant amount of revenue by growing at a modest CAGR over the forecast period, i.e., 2021 – 2029. The growth of the market can be attributed to the increasing government expenditure on education, growing requirement of improved higher education options and adoption of several educational promotional schemes in the region. Intensifying demand for improving the quality of education is also estimated to drive market growth. In addition to this, growing technological advancements in the educational methodology is anticipated to offer lucrative opportunities for market growth in the near future.

The market is segmented by type into pre-primary, primary, secondary, tertiary, and university level, out of which, the primary education segment is anticipated to hold a notable share in the Middle East education. This can be credited to the large number of students enrolled for primary education in the region. In the United Arab Emirates, the total number of students enrolled in primary schooling for the batch 2017-2018 were estimated to be more than 446,000. However, the total number of high school students was much less in the same year, totaling to approximately 153,000. Another important growth driver for this segment is the fact that most of the countries in the Middle East have made secondary and primary education compulsory and free for both boys and girls. Additionally, on the basis of sector, the private segment is estimated to witness a notable growth rate during the forecast period owing to the growing student strength of private schools in the region as a result of more diverse curriculum offered by these institutions than those in the public sector.

Middle East Education Market Graph

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Middle East Education Market Geographical Synopsis

On the basis of geographical analysis, the Middle East education market is segmented into Israel, the Gulf Cooperation Council (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar and Oman), and rest of the Middle East. The market in the Israel region witnessed noteworthy growth in the last five years and is anticipated to continue this trend over the forecast period on the back of world class system for higher education, wide adoption of innovative techniques for teaching growing number of foreign students in the country. However, the GCC region is assessed to acquire a larger share in the market, majorly in Saudi Arabia as the government in this nation spends the largest amount on education as compared to other GCC countries. Saudi Arabian government allocated almost USD 4.2 billion for education in 2020. In addition to this, Qatar is also evaluated to have a futuristic education market in the Middle East accounting to the improved course curriculum and growing emphasis on private education. 

Market Segmentation

Our in-depth analysis of the Middle East education market includes the following segments:

By Sector

  • Public
  • Private

By Mode of Education

  • E-Learning
  • Classroom Learning

By Type

  • Pre-Primary
  • Primary
  • Secondary
  • Tertiary
  • University Level

Growth Drivers

  • Increasing Government Expenditure for Education
  • Growing Requirement of Higher Education Options in the Region

Challenges

  • Lack of Skilled Teachers
  • Weaknesses in Aligning Graduates with the Labor Market in the Region

Top Featured Companies Dominating the Market

  • TAALEEM
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis 
  • Pearson plc
  • IDP Education Limited
  • 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

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