Education Market in UAE 2018-2022
About Education in UAE
The education sector comprises establishments that provide instructions and training in a wide range of subjects. The education sector comprises establishments whose primary activity is education, including public, not-for-profit, and for-profit establishments. It includes elementary and secondary schools, colleges, universities, business schools and computer and management training, technical and trade schools, and other schools and instruction and educational support services.
Technavio’s analysts forecast the education market in UAE to grow at a CAGR of 4.74% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the education market in UAE for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Education Market in UAE 2018-2022
Technavio recognizes the following companies as the key players in the education market in UAE: Dubai International Academy, GEMS Education, Higher Colleges of Technology (HCT), Taaleem, United Arab Emirates University (UAE University), and Zayed University.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising awareness of early education. Early education has been a critical component of children's development. The growth of the early education market in the UAE has also proliferated due to the increasing awareness among parents regarding the criticality of the first three years of childhood and the increasing importance of education in these years.”
According to the report, one driver in the market is increased student enrollments. With the continuous awareness and rising importance of education among the parents in the UAE, there has been a significant increase in the enrollments at various levels, including preK-12, high school, and graduate levels. The rising disposable income and increasing affordability of parents is another key factor contributing to the rising expenditure made by them on the education of their children. Parents are increasingly willing to invest money as well as time to help their children get the best start in their lives and make them suitable for fighting in the highly competitive global job market.
Further, the report states that one challenge in the market is increased education cost. The cost of education has been exponentially increasing in the UAE owing to the rising fees taken by the educational institutions in the country. The constant surge in education fees and school fees in the UAE, due to the increased operating costs and continuous need for retaining skilled teachers with high salaries, has raised the education cost considerably. The operating costs of schools are considerably rising due to the continuous increase in the hidden costs associated with the maintenance and infrastructure development.
Dubai International Academy, GEMS Education, Higher Colleges of Technology (HCT), Taaleem, United Arab Emirates University (UAE University), and Zayed University.
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