Kuwait Education Market is Expected to Reach Over KWD 917 Million by 2022: Ken Research
GURUGRAM, India, December 19, 2018 /PRNewswire/ --
- It has been analyzed that in the coming 5 years, the private K-12 market shall witness an increased CAGR of close to 3% in terms of number of schools, reaching to be almost 600 by the end of 2022E.
- It is expected that more number of private players would enter the space with increasing numbers of tie-ups between the government universities. This shall be an emerging trend in Kuwait's K-12, Higher Education and E-learning Market
Kuwait Education Market is in the growth stage experiencing rising enrollments and an increasing demand for high quality education. The market will be driven by the rising number of schooling populace, increasing number of scholarships to study abroad resulting in higher test preparation enrollment and a growing entry of international players offering a variety of courses in higher education. Increasing scholarships are expected to encourage more number of students to attempt the competitive tests, thereby increasing the demand of the services provided at test preparation centers. Private players entering the space with increasing number of tie-ups between the government universities and global players are further anticipated to boost the industry revenues due to increased enrollments to colleges in Kuwait.
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There is a continuous emphasis by the government to enhance much needed vocational skills in Kuwaitis to replace the expat workforce. This is anticipated to expand the training and technical institutions, affecting the industry in a positive manner.
The Ministry of Education allocated nearly KWD 2 billion in the 2016 annual budget for Kuwait's K-12 education. This is in line with its Integrated Education Reform Program (2011-2019) and the School Education Quality Improvement Project which are geared towards developing curriculum, improving learning outcomes, encouraging efficient teaching and refining the efficiency of education. These policies and budget are projected to develop and expand the K-12 education system. Currently, private K-12 schools in Kuwait provide education to over 40% of its students. The nature of the market is fragmented with various types of schools offering all types of curricula & fee range. In majority, it has been noticed that private schools are individually owned, hence leaving more room for large scale operators to take over.
Ken Research in its latest study, "Kuwait Education Market Outlook to 2022 - by K-12 Education, Higher Education, E-Learning, Vocational Training, Teacher Training, Private Tutor and Test-Preparation Education Market" suggests that the demand for education services would continue to grow, registering a five year CAGR of close to 5% during 2017-2022.
Keywords
- Kuwait Education Market
- Kuwait Education Ecosystem
- Kuwait K12 Education Market
- Kuwait Higher Education Market
- Kuwait Test Preparation Market
- Kuwait E-Learning Market
- Kuwait Teacher Training Market
- Kuwait Vocational Training Market
- Kuwait Private Tutors Market
- Kuwait Education Major Catchment Areas
- Kuwait Education Regulatory Body
- Kuwait K-12 Education Industry
- K-12 Private Education Market Kuwait
- K-12 Private Enrollments Kuwait
- K-12 Private Schools in Kuwait
- K-12 Private Education Growth
- Trends K-12 Education Kuwait
- Trends Test Preparation Kuwait
- Trends Higher Education Kuwait
- Trends E-Learning Kuwait
- Trends Teacher Training Kuwait
- Major Companies K-12 Private Education Market
- Major Companies Test Preparation Market
- Kuwait K-12 Education Market Investment Model
- Challenges Kuwait Education Market
- Kuwait K-12 Customer Pain Points
- Kuwait K-12 Decision Making Parameters
- SWOT Kuwait Education
- Future Outlook Kuwait Education
Key Segments Covered:
- Market Segmentation for Kuwait K-12 Private Education
- Market Segmentation By Level of Education (Kindergarten, Primary, Intermediate, Secondary)
- Market Segmentation By Gender (Male & Female)
- Market Segmentation By Nationality (Kuwaiti & Non-Kuwaiti)
- Market Segmentation By School Type (Foreign & Arabic)
- Market Segmentation for Kuwait Test Preparation
- Market Segmentation By Revenue on the Basis of Type of Test Taken (IELTS, TOEFL, GMAT, GRE, SAT)
For more information on the research report, refer to below link:
https://kenresearch.com/education-and-recruitment/kuwait-education-market-174405.html
Time Period Captured in the Report:
2012-2017 - Historical Period
2018-2022 - Future Forecast
Key Target Audience
- Private K-12 Schools
- Government Organizations
- Test Preparation Institutes
- Private Vocational Training Institutes
- International Schools
- International Colleges/Universities
- Global E-learning Companies
- Investors
Companies Cited in the Report
Companies Covered Main Players · New English School Kuwait · Kuwait International English School · The English Academy · Kuwait English School · Kuwait National English School · American United School · American Creative Academy · American International School of Kuwait · American Academy for Girls · The American School of Kuwait · Fahaheel Watanieh Indian Private School · Indian Community School · Indian Public School · Indian Educational School Private Schools · United Indian School · Kuwait University · Public Authority for Applied Education and Training · Kuwait Institute for Medical Specialization · Gulf University for Science and Technology · Arab Open University · American University of Kuwait · Kuwait Maastricht Business School · Australian College of Kuwait · International University Of Science And Technology · Box Hill College Kuwait · American College of Middle East · American University of Medical sciences · Kuwait Technical College · College of Aviation Technology · Algonquin College Public and Private Universities/Colleges · Kuwait College of Science and Technology · Abbasiya, Al Farwaniyah · Home Tuitions, Salmiya · Home Tutoring, Bnied Al Gar · City Training Institute, Hawalli · Al Tawoon Institute, Salmiya · Tutorware Solutions Inc, Bayan Private Tutors · After School Center, Salmiya · Track Learning Solutions (Content based) · Panacea InfoTech Pvt Ltd · British Council · Global Learning Systems · Kuwait e-Learning center · New Horizons Computer learning center (Content and technology based) · Can Translate · AIMS (Arab Information Management services) · Xpert Learning · Black board Learn by Black Board Inc · Codea Technology · Edufic · Global Learning E-learning · Human Soft · Public Authority of Applied Education and Training Teacher Training · Kuwait University · Apachia · Amideast, · British Council, · ILM Prep, · Center for Continuing Education (AUK) Test Preparation · Ivy Education Center · Public Authority of Applied Education and Training · Higher Institute for Theatrical Arts · Higher Institute for Music Arts · City Institute · Universal Institute · ICSA Vocational Education · Continuing Education (Arab Open University)
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Ken Research
Ankur Gupta, Head Marketing & Communications
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SOURCE Ken Research
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