The GCC EdTech Market is estimated to grow at a CAGR of around 8.12% during the forecast period, i.e., 2024-30.                                                    

GCC EdTech Market Driver:

Economic Expansion Driving Increased Education Budgets – The GCC economies have witnessed a strong recovery from the slowdown caused by the pandemic and the decline in oil prices. To overcome the challenges, the regional governments introduced unprecedented reforms while emphasizing upon economic diversification and private sector participation. According to the IMF, the GCC nations grew by 7.5% in 2022, as compared to 3.4% in 2021. It is further expected to expand at a pace of 2.9% in 2024. This is attributed to the successful implementation of pandemic mitigation strategies, fiscal stimulus measures, positive business and tourism sentiment driven by mega events (EXPO 2020 Dubai and FIFA World Cup 2022), improving geo-political situation within the GCC in combination with the revival in oil & natural gas prices resulted in a significant increase in the education budgets.

Also, as the global economy remains under pressure with new surprises, the reform momentum established by the GCC nations during the period of low oil prices are expected to increase the education budgets in the upcoming years, further contributing in enhancing the market size during 2024-2030. 

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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GCC EdTech Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2023

-Historical Period: 2019 to 2022

-Forecast Period: 2024 to 2030

• By Education Type
  • Study Curriculum-based - Market Size & Forecast 2019-2030, USD Million
    • K-12 - Market Size & Forecast 2019-2030, USD Million
    • Higher Education- Market Size & Forecast 2019-2030, USD Million
      • Bachelors- Market Size & Forecast 2019-2030, USD Million
      • Masters - Market Size & Forecast 2019-2030, USD Million
      • Others (Fellowship, Researchers) - Market Size & Forecast 2019-2030, USD Million
  • STEM-based- Market Size & Forecast 2019-2030, USD Million
  • Corporates- Market Size & Forecast 2019-2030, USD Million
    • Business Management-based- Market Size & Forecast 2019-2030, USD Million
      • Accounting & Finance - Market Size & Forecast 2019-2030, USD Million
      • Digital Marketing & Advertising - Market Size & Forecast 2019-2030, USD Million
      • Human Resource Management - Market Size & Forecast 2019-2030, USD Million
      • Foreign Trade- Market Size & Forecast 2019-2030, USD Million
      • Retailing - Market Size & Forecast 2019-2030, USD Million
      • Others - Market Size & Forecast 2019-2030, USD Million
  • Others
    • Language Learning - Market Size & Forecast 2019-2030, USD Million
    • Arts & Craft - Market Size & Forecast 2019-2030, USD Million
    • Social-Emotional Learning- Market Size & Forecast 2019-2030, USD Million
    • Others- Market Size & Forecast 2019-2030, USD Million
• By Platform Type
  • Pre-Recorded Online Course Platform- Market Size & Forecast 2019-2030, USD Million
  • Real Time Education Delivery Platforms- Market Size & Forecast 2019-2030, USD Million
• By Language of Delivery
  • English - Market Size & Forecast 2019-2030, USD Million
  • Arabic - Market Size & Forecast 2019-2030, USD Million
  • Others- Market Size & Forecast 2019-2030, USD Million
• By Country
  • The UAE
  • Saudi Arabia
  • Qatar
  • Oman
  • Bahrain
  • Kuwait

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -  Abwaab, Noon Academy, Al-Mentor, Orcas, Ostaz, Al-Gooru, Baims, Al-Academia, Zedny, Others

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