GCC EdTech Market Overview and Insights:
According to Markntel Advisors Report, 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 research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
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Industry Growth 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.
What is Included in GCC EdTech Market Segmentation?
The report has segmented the market into the following categories:
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
The Pre-Recorded Online Course Platform type held a significant share in the GCC Edtech Market owing to the convenience & flexibility these platforms offer. Consumers nowadays prefer pre-recorded platforms since they provide individuals with complete freedom to access study materials at their own pace. The pre-recorded platforms also eliminate the constraints of following specified timetables and geographical limitations. As a result, the learning via these platforms becomes more convenient for the consumers & learners.
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
By Country
– The UAE
– Saudi Arabia
– Qatar
– Oman
– Bahrain
– Kuwait
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Who are the Key Players Operating in the GCC EdTech Industry?
The top companies of the GCC EdTech market ruling the industry are:
- Abwaab,
- Noon Academy,
- Al-Mentor,
- Orcas,
- Ostaz, Al-Gooru, Baims,
- Al-Academia,
- Zedny, Others
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the GCC EdTech Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the GCC EdTech industry?
- Which is the Leading segment in the market?
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