Growing E-learning Market in Saudi Arabia Education System
The size of e-learning market in Saudi Arabia is projected to grow at a CAGR of around 32% during 2008-2014, says RNCOS in its latest research report.
- (1888PressRelease) August 06, 2011 - According to our latest research report, "Saudi Arabia Education Forecast to 2013", the Kingdom of Saudi Arabia is the largest and most populated country in the GCC region. The country represents the biggest education industry in the region. During the last few years, the sector witnessed most suitable environment to grow and prosper. The number of universities has grown manifold and a similar trend has also been witnessed in the number of student enrollments in the higher learning public institutions. In the coming years, the technical education enrollments are anticipated to grow rapidly, sustaining the Kingdom's leadership in the MENA region.
As per our findings, the country has been witnessing double-digit growth in the e-learning market. The size of e-learning market in the country is anticipated to grow at a CAGR of around 32% during 2008-2014 and the market will reach around US$ 670 Million. Geographically, dispersed education infrastructure in the country has proved to be a boon for companies offering e-learning courses and solutions. Growth is also backed by the initiatives of the Saudi Ministry of Education for the integration of Information and Communication Technology (ICT). The future demand for e-learning modules will be driven by the entry of large number of companies and rising investments by existing players.
On the higher education front, the medical and technical education sectors are poised for substantial developments. Students' enrollments in these fields will increase in future and will create huge market potentials for public and private sectors to develop new higher learning institutions to cater amplifying demand. Additionally, the report describes key factors that make Saudi Arabian a higher education sector highly lucrative for private players looking to enter the market.
Our report, "Saudi Arabia Education Forecast to 2013", provides a comprehensive research and thorough analysis of the Saudi Arabian education industry. The report facilitates current industry status and future forecasts on elementary, intermediate, secondary, and higher education segments, mainly focusing on potential student enrollments, requirement of staff, and colleges during 2011-2014. Additionally, analysis of the regulatory environment along with recent industry developments has been included in the report to provide a balanced outlook on the potentials of the Saudi Arabian education industry.
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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