How is uae education market is positioned?
Strong government support over the past few years has led to the continuous growth of education sector by inviting private players to enter the market. The major organization that oversees the operations of education market players in UAE is the Ministry of Education. Education industry in UAE has witnessed growth from USD ~ million in 2013 to USD ~ million (Provisional Estimates) in 2018 at a CAGR of ~% during the review period. The growing concern for quality education by the education sector in the country encouraged the government to allocate AED ~ billion for education and training during its 2018 budget. Government support and investment led to the expansion of the existing players and the entrance of new players to cater the growing number of students, The education industry in the country was dominated by the revenues generated from increased enrollments along with gradual rise in fee by private players during 2018. K-12 schools contributed a total of USD ~ million to the overall revenues during the same year.
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The second highest revenue share was contributed by the higher education sector in the UAE. The overall revenue contributed by higher education institutions was USD ~ million in 2018 which was around ~% of the overall revenues of the education market in UAE
In 2018, the E-Learning market contributed USD ~ million, which is around ~% of the overall market share. While test preparation centres contributed USD ~ million to the overall industry revenues during 2018.
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UAE K-12 Education Market
The K-12 industry in the UAE comprises of kindergarten, primary, intermediate and secondary level of education where children in the age group 4 to 17 years obtain their basic level of education. The overall K-12 market in UAE has grown from USD ~ million in 2013 to around USD ~ million in 2018 with a CAGR of ~% during the review period 2013-2018. The average school fees have increased with an average growth rate of ~% after 2013. Over the years the number of enrollments in K-12 schools has increased from ~ in 2013 to ~ in 2018 with a CAGR of ~% during 2013-2018.
Uae E Learning Education Market
E-Learning industry in the UAE is still in its early growth stage with the total worth of the industry amounting to USD ~ Million in 2018. The eLearning market in the UAE has witnessed a CAGR of ~% in the time period 2013 to 2018.
Market Segmentation by Technology and Content: In 2018, the technology market had a ~% share in the overall E-Learning market in UAE. Educational infrastructural developments have propagated the widespread use of smart E-Learning products by students at all grades/ stages of education, which in turn has augmented the demand for new and innovative technological solutions being developed for the E-Learning industry in UAE. The share of content services market in the overall E-Learning market was around ~% in 2018. Although, the revenues have grown significantly, the market share of content services has decreased owing to the introduction of disruptive technological tools being introduced in the market.
Market Segmentation by End User Application: The market share of the K-12 sector in the overall E-Learning market in UAE was around ~% in 2018. In 2018, the overall market share of higher education in E-Learning was around ~% while the corporate sector contributed a market share of ~% in the overall E-Learning market in UAE and all the other end-users collectively contributes a market share of ~% in the overall E-Learning market in 2018.
Future Analysis
The overall E-Learning market is anticipated to grow from USD ~ Million in 2018 to USD ~ Million in 2023. The overall market is likely to witness a CAGR of ~% during 2019-2023.
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