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Education industry in the UAE which is driven by the number of enrollments in educational institutions registered revenues of USD ~ Million in. The revenue from education industry has been increasing from to. This market has been divided into different sectors such as K- education, higher education, e-Learning, vocational and technical education, teacher training and test preparation market. The highest contribution in market share was by the K- education sector with revenues generated as USD ~ million in. The total number of enrollments in this sector was recorded as ~ in the same year. Higher education sector made the second highest contribution in market share by revenues followed by e-learning market. The e-learning market has recorded the highest CAGR of.4% during the years to. It has been the fastest growing sector due to the rapid technological advancements in UAE. Vocational and technical education centers generated USD ~ million in followed by USD ~ Million in the teacher training sector. Test preparation market was recorded as the smallest market in the UAE education industry with revenues worth USD ~ million in.
The K- market has been comprised of GEMS, Taleem and Innoventures as the major players. Several Government higher educational institutions along with local private institutes are dominant players in higher education and vocational and technical education sectors. Institutes such as Eton and British council have been the major players in the test preparation sector which are managing a huge number of students. Software providers such as BlackBoard, Sumotal and Cornerstone have dominated the e-learning segment.
The education market in the UAE is changing at a brisk rate. Technological advancements across different age groups as well as competitive pressures have been significantly changing the market. Revenues from the education market in the UAE are expected to expand to USD ~ Million in, growing with a CAGR of8.6% from to.
