Market Size of KSA Private K12 Education Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR (2024 - 2029) | > 9.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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KSA Private K12 Education Market Analysis
The KSA Private K12 Education Market is expected to register a CAGR of greater than 9% during the forecast period.
KSA Private K12 Education Market is poised to grow at a CAGR of greater than 9% by 2028. The Ministry of Education oversees Saudi Arabia's educational system. In Saudi Arabia, both public and private schools are available. The overall curriculum used in Saudi Arabian public schools is primarily taught in Arabic, with a stronger emphasis on Islamic education. In state-run schools, English is taught at the beginning of grade 4. English is taught at private schools beginning in kindergarten. Male and female pupils attend separate classes in Saudi Arabia.
Primary education, which lasts six years and is mandatory in Saudi Arabia, is followed by intermediate and secondary education, which lasts three years. In Saudi Arabia, all K-12 educational levels are free.
Six million pupils in Saudi Arabia participated in the country's transition to digital and distance education as a result of the pandemic-related school closures. According to a recent World Bank research titled "Saudi Arabia's Digital and Distance Education," around 98% of students in the Kingdom have access to the "Madrasati" ("My School") platform, a regionally specific learning platform. According to more than two-thirds of teachers, their students' academic ability and skills improved during the digital and remote education offered in Saudi Arabia during the 2020-21 academic year, and there is a high desire for further digital learning materials.
Due to factors like the government's Vision 2030 educational initiative (privatization of the industry), the need for general improvement in the quality of education, and an increase in the number of people who prefer private schools that offer value for money, the Saudi Arabian private education market is expected to double in terms of value and experience a higher growth rate over the coming years. The Saudi Arabian private education market is anticipated to see significant growth following adoption of the government's Vision 2030 educational initiative.
KSA Private K12 Education Industry Segmentation
The Ministry of Education is responsible for overseeing the Saudi Arabian K-12 educational system. Public schools typically teach more religious subjects than private institutions. Additionally, there are several international schools, particularly for foreigners.
The KSA Private K12 Education Market is segmented Segmented By School Fees (Less Than Sar 15000 P.A., Sar 15,000 To 30,000 P.A., Sar 30,000 To 80,000 P.A., and Above Sar 80,000 P.A.), By Curriculum (American, British, Arabic, CBSE, and Other curriculum), and By Region (Riyadh, Jeddah, Eastern Province, and Other Regions). The report offers market size and forecasts for KSA Private K12 Education Market in value (USD Million) for all the above segments.
KSA Private K12 Education Market Size Summary
The KSA Private K12 Education Market is projected to experience significant growth in the coming years, with a CAGR of over 9% expected. This growth is driven by a variety of factors, including the Saudi Arabian government's Vision 2030 educational initiative, which aims to privatize the industry, a general demand for improved education quality, and an increase in the number of individuals who prefer private schools that offer value for money. The market is also expected to benefit from the country's transition to digital and distance education, with a large number of students having participated in this shift due to pandemic-related school closures. The market is dominated by a few private school brands including American International School, British International School of Jeddah, GEMS Education, and others. These companies operate school networks in Saudi Arabia and many more are investing in the region. The government's decision to lift restrictions on foreign ownership of K-12 institutions has attracted many regional and international investors and operators to the K12 market, making the education industry one of Saudi Arabia's major investment areas. The market value of the education sector is anticipated to increase significantly, driven by the country's growing population, an increase in the number of students attending private schools, and rising tuition costs.
Explore MoreKSA Private K12 Education Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter’s Five Forces Analysis
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1.5 Insights on Government Regulations and Initiatives
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1.6 Insights on Various Regulatory Trends Shaping the Private K12 Education Market In KSA
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1.7 Insights on National and International New Entrants In KSA Region
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1.8 Impact of Covid-19 on the Market
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KSA Private K12 Education Market Size FAQs
What is the current KSA Private K12 Education Market size?
The KSA Private K12 Education Market is projected to register a CAGR of greater than 9% during the forecast period (2024-2029)
Who are the key players in KSA Private K12 Education Market?
British International School of Jeddah, GEMS Education, International Schools Group (ISG), Maarif For Education and Training and Kingdom Schools are the major companies operating in the KSA Private K12 Education Market.