The major factors driving the market growth
are persistent government efforts to encourage more market penetration of major
players, persuasive techniques used to partner with foreign colleges,
digitizing the use of textbook in Kuwait to promote e-learning, increase in
number of establishments catering to higher education, a rising young
population and a shift to private schools by Kuwaitis due to the mundane
methods of teaching in public sector. Increase in the government partnerships
with foreign universities and more number of scholarships to study abroad have
encouraged students to enroll in various test preparation centers.
Kuwait’s education market has witnessed a
stable growth in the past few years, rising at a moderate single digit CAGR
from 2012 to 2017. Factors such as Lack of trust in the quality of public education,
increasing number of expatriate families coming to Kuwait and a rising desire
for higher-studies have driven the market. More number of expats inhabiting in
the country is a major reason for the market growth as this population makes up
nearly three-fourths of the total target audience and are only allowed to send
their children to private schools. Within the K-12 market, Primary education,
followed by Intermediate, Secondary and Kindergarten generate highest revenue
in 2017. This growing shift towards private schools has put a strain on the
private education market, resulting in higher fees for limited places. Since
most private schools follow a foreign curriculum, there is a need to import
staff trained in the required material, driving up costs. Additionally,
obtaining land to set up new schools can be very capital intensive as land
cannot be purchased by non-Kuwaitis. These factors are a major contribution to
the rising fees in the education sector.
The Kuwaiti government has focused on digitizing
all books in Kuwait starting from 2011. The interactive teaching involved with
e-learning and m-learning is a better tool to engage students in the classroom
and has resulted in a shift from the traditional classroom. The increased usage
of e-learning and m-learning has improved the caliber of Kuwaiti students,
furthering the market.
The government has continued to partner with
elite colleges abroad such as IIT (Indian Institute of Technology), UMass
Lowell and Trinity College Dublin in a bid to encourage students to enroll in
these universities in specific majors that cater to the requirements in Kuwait.
This has encouraged students to further their studies outside Kuwait,
increasing enrollment in test preparation centers.
The report titled, “Kuwait
Education Market Outlook to 2022 - by K-12 Education, Higher Education,
E-Learning, Vocational Training, Teacher Training, Private Tutor and
Test-Preparation Education Market” by Ken Research suggested that there
is an opportunity for large scale operators to enter the K-12 education as the
market is chiefly composed of standalone private schools. Public schools in
Kuwait are completely funded by the government and due to this reason; there
isn’t any aggressive competition in the public schools of Kuwait.
Time Period
Captured in the Report
2012-2017 – Historical Period
2018-2022 – Future Forecast
Key Segments
Covered
·
Market
Segmentation for Kuwait K-12 Private Education
·
Market
Segmentation by Level of Education (Kindergarten, Primary, Intermediate,
Secondary)
·
Market
Segmentation by Gender (Male & Female)
·
Market
Segmentation by Nationality (Kuwaiti & Non-Kuwaiti)
·
Market
Segmentation by School Type (Foreign & Arabic)
·
Market
Segmentation for Kuwait Test Preparation
·
Market
Segmentation by Revenue on the Basis of Type of Test Taken (IELTS, TOEFL, GMAT,
GRE, SAT)
Key Target
Audience
·
Private
K-12 Schools
·
Government
Organizations
·
Test
Preparation Institutes
·
Private
Vocational Training Institutes
·
International
Schools
·
International
Colleges/Universities
·
Global
E-learning Companies
·
Investors
For more
information on the research report, refer to below link:
Related
Reports by Ken Research
Contact Us:
Ken
Research
Ankur
Gupta, Head Marketing & Communications
+91
9015378249
