Saudi Arabia has witnessed a rapid increase in the need and demand for e-learning education facilities, owing to the emergence of the Kingdom as a center for knowledge outsourcing in the Middle East region. A new research report on “Saudi Arabia Education Forecast to 2013” by RNCOS finds that the demand for e-learning modules will be driven by factors like rising investment and e-learning, which has been emerging as a substitute of distance education. The size of the e-learning market in Saudi Arabia is likely to reach US$ 670 Million by 2014, growing at an impressive CAGR of around 33% during 2010-2014.
The need and demand for education in the Kingdom has witnessed a rapid and constant growth during the last few years, owing to its slow but steady emergence as a knowledge-based economy. According to the report, the fast growth in population has led to an increase in the number of student enrollments at all education levels, be it elementary, intermediate, secondary, or higher education. Surging penetration of primary education has constructed a strong platform for higher education industry developments.
The reportpresents a comprehensive research and rational analysis of the current status and expected position of the education system in Saudi Arabia. It provides the forecasts on elementary, intermediate, secondary, and higher education segments, mainly focusing on potential student enrollments, requirement of staff, and colleges during 2011-2014. The analysis of the regulatory environment along with the recent industry developments has also been included in the study to provide a balanced outlook on the potentials of the Saudi Arabian education industry.
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