This is also leading to an oversupply in the education market especially in Dubai thereby intensifying competition and impacting profitability of newer players. The rising cost of education in the GCC is contributing towards the preference of students to go abroad to pursue higher education.
The teacher turnover rate in the region is high, marked by a short tenure of about two years at an institution.
Sizeable budget allocations for the sector and long-term development strategies have contributed towards strengthening the local education system and presenting opportunities for international schools and universities. There is a growing demand for private education in the GCC region.
Rather than enrolling at institutes within the region, students in the GCC prefer to pursue education abroad, either through self-funding or with external support. About Raee Public Relations: Parent market Exhibit Private education - Market size and forecast thousand enrollments Exhibit The report provides an outlook of the GCC Education Gcc education report until covering pre-primary, primary, secondary, tertiary and vocational segments across all GCC nations.
Gross Enrollment Ratio at primary schools across the GCC is comparable with the world average, while the secondary school gross enrolment rate is relatively higher than the world average.
The governments in the GCC region are lending tremendous support to the education sector. From an estimated 9.
Total schools are expected to grow at a CAGR of 1. Threat of substitutes Exhibit Bahrain - Market size and forecast thousand enrollments Exhibit This signifies requirement of more than 7, schools in the next five years, most of which are anticipated in Saudi Arabia. A high personal income level alongside a tax-free environment has resulted in additional disposable income among the GCC population.
The report also includes the role public and private institutions play in the GCC education sector, and how they could contribute towards the betterment of the populace.
Even though the GCC region is blessed with oil resources and wealth, it also suffers from high level of unemployment, mainly due to the existing disconnect between skill-sets and market requirements. The Education Sector Growth drivers The GCC population is projected to reach close to 60 million inof which, the number of people below 25 years of age is likely to surpass 22 million.
Alpen Capital expects private schools growth rate to outpace that of public schools. Covered in this Report This report covers the present scenario and the growth prospects of the K education market in GCC for the period Challenges The prolonged correction in oil prices led to a number of challenges for the GCC region.
The growing need for quality education and commitment by the governments throws up a number of investment opportunities within this sector. The number of private schools in the region is estimated to increase at a CAGR of 3. Market size Exhibit The GCC nations are increasingly deploying information and communications technology to facilitate effective learning.
The popularity of international schools in the GCC is rising due to the presence of a large number of expatriates coupled with the desire of the local residents to send their children to institutions offering high-quality education.
Although measures are being taken to address the shortfall, there has been an increase in the poaching of skilled teachers from competitors by offering higher incentives. The opening of new institutions in the region is likely to worsen the situation.
The demand for schools in the GCC region is likely to increase at a 3. The information and statistical data herein have been obtained from sources we believe to be reliable but no representation or warranty, expressed or implied, is made that such information and data is accurate or complete, and therefore should not be relied upon as Gcc education report.
But the tertiary school gross enrolment rate in the GCC region is significantly lower than world average, indicating lesser number of students pursuing higher education and hence unable to develop skills needed for the job market.Research Global develops data resource tools in accordance with international standards to provide investors with access to valuable knowledge and help create awareness among foreign investors on investment opportunities available.
The demographic structure of the GCC countries is titled towards young age population, making focus on education a necessity. Even though the GCC region is blessed with oil resources and wealth, it also suffers from high level of unemployment, mainly due to the existing disconnect between skill-sets and market requirements.
The GCC education sector is poised for growth with increasing emphasis on private sector involvement and vocational training international students from India. Full text of "GCC Education Report" GCC Education Sector Overview 9 Introduction 9 Structure of Education System in the GCC 9 GCC Education Sector Market Size 12 Public vs.
Private Education Institutions 13 Private Schools Types by Curriculum 14 Gross Enrollment in the GCC 16 Country-wise Gross Enrollments For Different Levels. Full text of "GCC Education Report" GCC Education Sector Overview 9 Introduction 9 Structure of Education System in the GCC 9 GCC Education Sector Market Size 12 Public vs.
Private Education Institutions 13 Private Schools Types by Curriculum 14 Gross Enrollment in the GCC 16 Country-wise Gross Enrollments For Different Levels 17 3. Pre. The GCC Education Industry Report presents the growth prospects of the GCC education sector, based on the current developments within the sector, key market dynamics, and the existing investment opportunities in the region.Download