GCC K-12 Private Education Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 20.78 Billion |
| Market Size (2029) | USD 29.07 Billion |
| CAGR (2024 - 2029) | 6.95 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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GCC K-12 Private Education Market Analysis
The GCC Private K12 Education Market size is estimated at USD 20.78 billion in 2024, and is expected to reach USD 29.07 billion by 2029, growing at a CAGR of 6.95% during the forecast period (2024-2029).
The GCC private education market is expected to grow at an increasing rate, in the coming years, due to various government initiatives, like Saudi Vision 2030, the rising awareness of primary education, the requirement of higher education options, the need for overall improvement in the quality of education, and an increase in the population, including that of expatriates.
The COVID-19 pandemic helped private educational institutions and students in adapting to remote learning owing to the restrictions and lockdowns imposed by local governments. Governments also undertook special efforts during this period to ensure smooth operations of the educational system. For instance, Saudi Arabia launched the 'Madrasati' e-learning platform in 2020. The platform was ranked among the seven top global e-learning platforms, according to a study conducted by Online Learning Consortium (OLC) in 2021.
Moreover, in today's world, with the steady growth of awareness among parents, educational institutions, and investors, about the need for primary education, there is a major demand for high-quality education, which will boost the tuition fees of private schools. But there is an insufficiency of educational resources in the market. The limited nature and shortage of resources available for the students is one of the biggest challenges for the K-12 education market in GCC. These countries are facing an acute shortage of skilled teachers and staff, and the pupil-to-teacher ratio is quite low across the region.
In order to improve the quality of education, several initiatives have been taken during the past few years such as establishing quality assurance authorities, building guidelines, and encouraging technology-driven education, among others, which have combined to display improvements across the quality of education.
GCC K-12 Private Education Market Trends
This section covers the major market trends shaping the GCC Private K12 Education Market according to our research experts:
Government Initiatives Toward a Developed Education Sector
Over the last few years, governments in the GCC region have undertaken a number of initiatives, most notably the introduction of favorable policies, which encourage private sector participation in the education sector. The governments in the GCC Countries have tried to increase the market share of private sectors in the industry by implementing initiatives like 100% foreign ownership. Furthermore, favorable demographics like majority of population in the school going age, rising expatriate population as a result of government policies providing 10-year residency visas and higher GDP per capita are also driving the demand for education in the GCC. The governments in the GCC region are also continuing to allocate sizable portions of their budget to the education sector.
As a result, the K-12 private education market has gained prominence over the past few years and has become an attractive opportunity for investors and school operators. This had led to a direct impact on the investments from the private sector to capitalize on government's initiatives across the region.
Growth of Consumer Spending on Education is Driving the Market
In the GCC countries, consumer spending on education rose positively per person in 2020. The top GCC nations in terms of consumer spending on education per capita were the UAE and Saudi Arabia, followed by Qatar and Kuwait. The market is being driven by this increase in consumer spending on education per person.
The total number of teachers of all academic levels in the Gulf Cooperation Council is 960.7 thousand, with an increase of 5.9 thousand from 2015-2016, with an average annual growth of 0.2%.
The Saudi Vision 2030 aims to support the growth of the education sector, which is one of its main pillars. The population of Saudi Arabia is expected to grow during the next 11 years from 34.17 million currently to 44.9 million, indicating that the number of students enrolled in schools is 6 million students and that population growth will create the need to add 1.1 or 2.1 million new seats to meet the needs of students by the year 2030.
GCC K-12 Private Education Industry Overview
The industry is quite fragmented, with many players operating in the private sector and many more entering, due to favorable investment options. Some of the pre-existing private players include Al- Jazeera Academy, the British International School of Jeddah, Dhuha International School, Dubai International Academy, GEMS Education, the International School of London, Nadeen International School, Taaleem, and The American International School of Muscat.
GCC K-12 Private Education Market Leaders
GEMS Education
International School of London
Nadeen International School
Taaleem
The American International School of Muscat.
Al- Jazeera Academy
British International School of Jeddah
Dhuha International School
Dubai International Academy
*Disclaimer: Major Players sorted in no particular order
GCC K-12 Private Education Market News
- On October 31, 2022, Taaleem Holdings PJSC one of the K-12 premium education providers in the UAE with a portfolio consisting of 26 schools announced its intention to proceed with an initial public offering and to list its ordinary shares for trading on the Dubai Financial Market. The Offering was a primary issuance only, and the Company need to use the net proceeds from the Offering to expand its premium K-12 schools' network.
- On October 26, 2022, US-headquartered investment house Safanad and international education platform Global School Management announced an investment of an initial $200 million in the Middle East to acquire education assets and to significantly boost their investment as they expand their portfolio of K-12 schools in the region.
GCC K-12 Private Education Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitutes
4.4.5 Intensity of Competitive Rivalry
4.5 Insights on Government Regulations and Initiatives
4.6 Insights on Various Regulatory Trends Shaping the Private K12 Education Market in GCC
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Source of Revenue
5.1.1 Kindergarten
5.1.2 Primary
5.1.3 Intermediary
5.1.4 Secondary
5.2 By Curriculum
5.2.1 American
5.2.2 British
5.2.3 Arabic
5.2.4 CBSE
5.2.5 Other
5.3 By Country
5.3.1 Kingdom of Saudi Arabia
5.3.2 United Arab Emirates
5.3.3 Oman
5.3.4 Qatar
5.3.5 Bahrain
5.3.6 Kuwait
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Al- Jazeera Academy
6.2.2 British International School of Jeddah
6.2.3 Dhuha International School
6.2.4 Dubai International Academy
6.2.5 GEMS Education
6.2.6 International School of London
6.2.7 Nadeen International School
6.2.8 Taaleem
6.2.9 The American International School of Muscat*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE OF GCC EDUCATION MARKET
8. DISCLAIMER AND ABOUT US
GCC K-12 Private Education Industry Segmentation
The report provides a comprehensive background analysis of the GCC private K12 education market, covering the current market trends, restraints, investment analysis, and detailed information on the various segments and the competitive landscape of the education industry. The GCC private K12 education market is segmented by the source of revenue (Kindergarten, Primary, Intermediary, and Secondary), by the curriculum (American, British, Arabic, CBSE, and Other Curricula), and by country (Kingdom of Saudi Arabia, United Arab Emirates, Qatar, Oman, Bahrain, and Kuwait). The report offers market size and forecasts for GCC Private K12 Education Market in value (USD billion) for all the above segments.
| By Source of Revenue | |
| Kindergarten | |
| Primary | |
| Intermediary | |
| Secondary |
| By Curriculum | |
| American | |
| British | |
| Arabic | |
| CBSE | |
| Other |
| By Country | |
| Kingdom of Saudi Arabia | |
| United Arab Emirates | |
| Oman | |
| Qatar | |
| Bahrain | |
| Kuwait |
GCC K-12 Private Education Market Research FAQs
How big is the GCC Private K12 Education Market?
The GCC Private K12 Education Market size is expected to reach USD 20.78 billion in 2024 and grow at a CAGR of 6.95% to reach USD 29.07 billion by 2029.
What is the current GCC Private K12 Education Market size?
In 2024, the GCC Private K12 Education Market size is expected to reach USD 20.78 billion.
Who are the key players in GCC Private K12 Education Market?
GEMS Education, International School of London, Nadeen International School, Taaleem, The American International School of Muscat., Al- Jazeera Academy, British International School of Jeddah, Dhuha International School and Dubai International Academy are the major companies operating in the GCC Private K12 Education Market.
What years does this GCC Private K12 Education Market cover, and what was the market size in 2023?
In 2023, the GCC Private K12 Education Market size was estimated at USD 19.43 billion. The report covers the GCC Private K12 Education Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the GCC Private K12 Education Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
GCC K-12 Private Education Industry Report
Statistics for the 2024 GCC K-12 Private Education market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. GCC K-12 Private Education analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
