Recent report published by research nester titled “Middle-East Online Education/e-learning Market Outlook 2023” delivers detailed overview of the Middle-East online education/e-learning market in terms of market segmentation by Technology, by Components, by End-user.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Middle-East Online Education/e-learning market is majorly driven by the technological advancements in e-learning tools and rising penetration of smartphone users, according to our research report “Middle-East Online Education/e-learning Market Outlook 2023”.
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Regionally, the Middle-East Online Education/e-learning Market is segmented into UAE, Saudi Arabia, Qatar, Oman and Bahrain. Among these, UAE is anticipated to witness a significant growth and occupy the largest share of the online education/e-learning market by 2023.
Middle-East Online education/e-learning market is expected to register a CAGR of 17.4% over the forecast period 2016-2023 due to introduction of strong education mandate and increase in education budget to digitize the education for the betterment of students.
The UAE is expected to showcase a prominent growth over the forecast period 2016-2023 due to rising penetration of internet users and presence of highest number of private schools i.e. 65%. Increasing corporate sectors in UAE is expected to further raise the demand for online education/e-learning during the forecast period 2016-2023. The growing demand of online education/e-learning is expected in Saudi Arabia during the forecast period 2016-2023 due to rise in education budget to USD 36.7 Billion which helps to improve the education sector through the introduction of online education/e-learning facilities.
Smartphone & Tablet users: Rising penetration
Rising population of smartphone and tablet users across the region of Middle-East is expected to spur the demand for online education/e-learning over the forecast period 2016-2023.
Advancement in IT sector across the globe in order to provide better connectivity from remote locations would make easier or the population to adopt online education/e-learning services through devices and virtual classrooms.
Availability of high-end smartphones and tablets with user friendly interface in the market at affordable cost is expected to raise the smart phone users across the region over the forecast period 2016-2023 which will further expected to fuel the growth of online education/e-learning market.
Distribution of tablets and laptops to the students in schools and colleges to promote e-learning by the government authorities to enhance the higher education is expected to spur the demand for online education/e-learning during the forecast period 2016-2023.
Low cost data and launch of new educational e-learning apps is anticipated to grow the market of online education/e-learning across the region of Middle-East.
Enhanced Simulation Technology: Turning Phase
The advancement of technology in simulation and graphics used to provide simulated training and e-learning programs to enhance learning. This advanced technology of graphics and animations make learning easy for the population of corporate as well as education sector which will further expected to fuel the growth for online education/e-learning market across the region of Middle-East.
Growing corporate sectors in Middle-East region owe online education/e-learning in order increase efficiency and productivity through internet based learning programs is expected to spur the demand for online education/e-learning services.
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Rising awareness towards distance learning education and distance web based learning is expected to increase the users of online education/e-learning due to upcoming and present advanced technology which provides learning without any interruptions related to low networks. This will further expect to enforce the demand for online education/e-learning across the Middle-East countries.
This report also provides the existing competitive scenario of some of the key players of the Middle-East online education/e-learning industry which includes company profiling of Aptara, Educomp, Tata Interactive Services, Saba Software, Docebo, Desire2learn, Articulate, etc.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview on the Middle-East online education/e-learning market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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