GCC EdTech Market Share, Growth, Trends, Key Players, Investment Opportunities and Future Scope 2030: Markntel Advisors
MarkNtel Advisors has recently published a research report that delves into the GCC EdTech Market Research Report: Forecast (2024-2030). This report aims to improve user comprehension and facilitate informed decision-making by thoroughly examining significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. Utilizing both qualitative and quantitative data, the report provides a comprehensive overview, offering detailed growth prospects and succinct insights into competitors to familiarize both established businesses and newcomers with the current market scenario.
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GCC EdTech Market Insight and Analysis:
The GCC EdTech Market is estimated to grow at a
CAGR of around 8.12% during the forecast period, i.e., 2024-30.
GCC
EdTech Market Driver:
Economic Expansion Driving Increased Education Budgets –
The GCC economies have witnessed a strong recovery from the slowdown caused by
the pandemic and the decline in oil prices. To overcome the challenges, the
regional governments introduced unprecedented reforms while emphasizing upon
economic diversification and private sector participation. According to the
IMF, the GCC nations grew by 7.5% in 2022, as compared to 3.4% in 2021. It is
further expected to expand at a pace of 2.9% in 2024. This is attributed to the
successful implementation of pandemic mitigation strategies, fiscal stimulus
measures, positive business and tourism sentiment driven by mega events (EXPO
2020 Dubai and FIFA World Cup 2022), improving geo-political situation within
the GCC in combination with the revival in oil & natural gas prices
resulted in a significant increase in the education budgets.
Also, as the global economy remains under pressure with
new surprises, the reform momentum established by the GCC nations during the
period of low oil prices are expected to increase the education budgets in the
upcoming years, further contributing in enhancing the market size during
2024-2030.
GCC
EdTech Industry Segmentation:
-By
Education Type
-Study
Curriculum-based - Market Size & Forecast 2019-2030, USD Million
-K-12
- Market Size & Forecast 2019-2030, USD Million
-Higher
Education- Market Size & Forecast 2019-2030, USD Million
-Bachelors-
Market Size & Forecast 2019-2030, USD Million
-Masters
- Market Size & Forecast 2019-2030, USD Million
-Others
(Fellowship, Researchers) - Market Size & Forecast 2019-2030, USD Million
-STEM-based-
Market Size & Forecast 2019-2030, USD Million
-Corporates-
Market Size & Forecast 2019-2030, USD Million
-Business
Management-based- Market Size & Forecast 2019-2030, USD Million
-Accounting
& Finance - Market Size & Forecast 2019-2030, USD Million
-Digital
Marketing & Advertising - Market Size & Forecast 2019-2030, USD Million
-Human
Resource Management - Market Size & Forecast 2019-2030, USD Million
-Foreign
Trade- Market Size & Forecast 2019-2030, USD Million
-Retailing
- Market Size & Forecast 2019-2030, USD Million
-Others
- Market Size & Forecast 2019-2030, USD Million
-Others
-Language
Learning - Market Size & Forecast 2019-2030, USD Million
-Arts
& Craft - Market Size & Forecast 2019-2030, USD Million
-Social-Emotional
Learning- Market Size & Forecast 2019-2030, USD Million
-Others-
Market Size & Forecast 2019-2030, USD Million
-By
Platform Type
-Pre-Recorded
Online Course Platform- Market Size & Forecast 2019-2030, USD Million
-Real
Time Education Delivery Platforms- Market Size & Forecast 2019-2030, USD
Million
-By
Language of Delivery
-English
- Market Size & Forecast 2019-2030, USD Million
-Arabic
- Market Size & Forecast 2019-2030, USD Million
-Others-
Market Size & Forecast 2019-2030, USD Million
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Geographically
Analysis:
-By
Country
-The
UAE
-Saudi
Arabia
-Qatar
-Oman
-Bahrain
-Kuwait
𝐋𝐢𝐬𝐭
𝐨𝐟
𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭
𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
A thorough examination of the competitive
landscape of the market involves a comprehensive analysis of its key
competitors. This analysis delves deep into each company's profile, financial
achievements, market presence, potential, Research and Development (R&D)
expenditures, recent strategic initiatives in the market, footprint, strengths,
weaknesses, and market dominance. The information provided offers a
comprehensive overview of the leading market players, including Abwaab, Noon
Academy, Al-Mentor, Orcas, Ostaz, Al-Gooru, Baims, Al-Academia, Zedny, Others
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About Us:
MarkNtel Advisors is a
leading research, consulting, & data analytics firm that provides an
extensive range of strategic reports on diverse industry verticals. We deliver
data to a substantial & varied client base, including multinational corporations,
financial institutions, governments, & individuals, among others.
Our specialization in
niche industries & emerging geographies allows our clients to formulate
their strategies in a much more informed way and entail parameters like
Go-to-Market (GTM), product development, feasibility analysis, project scoping,
market segmentation, competitive benchmarking, market sizing & forecasting,
& trend analysis, among others, for 15 diverse industrial verticals.
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