According to our research, “Saudi Arabia Education Forecast to 2013”, from RNCOS, Saudi Government remains the major contributor to the development of the country’s higher education infrastructure and is continuously raising the budget to be spent on the education sector. The budget allocation for education and manpower development has reached SR 150 Billion (US$ 39 Billion) in FY 2011 from SR 96.7 Billion (US$ 25.1 Billion) in FY 2007. The sector has been consistently capturing over 25% share in the total budget expenditure which is the highest in the region.
Our ongoing analysis revealed that, Saudi Arabia, one of the most highly populated nations in the Middle East, has one of the biggest higher education systems in the region. There is a growing thirst for higher education which is reflected in the number of students who try for enrollment into the universities. This further creates an opportunity for private universities to open up their campuses in the Kingdom. With a large number of universities and colleges, Saudi Arabia can truly serve as a regional education hub for many students of the neighboring countries.
The report, “Saudi Arabia Education Forecast to 2013”, provides an in-depth research and rational analysis of the current status and expected position of the education system in Saudi Arabia. The report facilitates the future forecasts on elementary, intermediate, secondary, and higher education segments, mainly focusing on potential student enrollments, requirement of staff, and colleges during 2011-2014. Additionally, analysis of the regulatory environment along with recent industry developments has been also included in the report to provide a balanced outlook on the potentials of the Saudi Arabian education industry.
Some of our Related Reports are:
- Indian Education Services - A Hot Opportunity
- Brazil Education Services Market Analysis
- Indian Preschool Market Forecast
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