The Middle East Online Education & E-learning Market is majorly driven by the heavy investment from government authorities according to Research Nester“Middle East Online Education & E-learning Market Outlook 2023”
The Middle East online education & e-learning market is segmented into technology type such as learning management system (technology), mobile e-learning technology, virtual classroom technology, and podcast technology. Among these segments, mobile e-learning technology segment is expected to occupy the top position in the terms of market share. The demand for mobile e-learning technology is increasing on the account of rising sale of electronic gadgets such as smartphones, tablets, cameras and others in the region.
The Middle East online education & e-learning market is expected to register a 9.8% CAGR over the forecast period. Moreover, the market of Middle East online education & e-learning was valued at USD 558.1 Million in 2016. The market is expected to expand on the back of the strong commitment of government to digitize the education sector.
Online education & e-learning content segment is estimated to register a CAGR of 9.3% during the forecast period 2017-2023. Moreover, this segment is expected to account for the largest share of revenue in the Middle East region. Content digitization efforts across the schools, rapid adoption of e-learning in higher educations and increasing number of online universities in the Middle East are the factors which are contributing to the largest revenue share of online education & e-learning content in the Middle East market.
Massive Government Investment in Online Education & E-learning
The Middle East online education and e-learning market is primarily driven by the rising set up of virtual educational institutions. Further, effective mandates and online educational reforms are envisioned to bolster the growth of Middle East online education & e-learning market. Moreover, promotion of e-learning by providing tablets and laptops to the students of schools, colleges and universities is expected to expand the market of online education & e-learning across the countries of Middle-East.
Rapid Adoption of Online Education & E-learning
Online content offers many advantages such as cost savings, increased efficiency, time saving, improved accessibility and enhanced learning methods in a format that engages today’s tech-savvy students. Students and teachers are adopting online education and e-learning due to the above mentioned advantages. This factor is likely to boost the growth of online education and e-learning market in the Middle East region. Apart from this, Middle East online education market is rising on the back of availability of ample of resources such as internet, advanced electronic gadgets and huge availability of content developers in the region.
Although, the high cost of online education & e-learning and rising security concerns among the corporates due to rising incidents of hacking are some of the factors that are likely to inhibit the growth of the Middle East online education & e-learning market in the near future.
The report 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 type, by component type, by end user and country.
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.
This report also provides the existing competitive scenario of some of the key players of the Middle East online education & e-learning market which includes company profiling of Aptara Corporation, Tata Interactive Systems, Docebo, Desire2learn, Educomp. 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 of 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.