Thursday, November 28, 2019

UAE Test Preparation Market Research Report to 2023: Ken Research

How UAE Test Preparation Market Evolved?
The number of enrollments in Test Preparation Market in UAE has grown at a moderate CAGR of ~% during the period 2013-2018.

Courses such as IELTS, TOEFL and SAT have more enrollments as the people in gulf countries prefer to move to foreign countries such as UK and Europe than coming to India for continuing engineering and medical studies.

The enrollments in Pre engineering is almost double in comparison to pre medical enrollments. The rate of growth for pre medical entrance exams enrollments is ~% in 2013-2018 which is more than engineering enrollments in the test prep centers.

The fees charged by the test prep institutes for pre engineering and medical entrance exams is USD ~ which is almost double in comparison to other foreign based exams in UAE.

The revenue of UAE test prep market was evaluated to grow from USD ~ million in 2013 to USD ~ million in the year 2018 at a compounded annual growth rate (CAGR) of ~% during the period.
 The demand for high quality higher education by the UAE population and rising competition in the market has increased the need to enroll into the best test preparation centers in the country.
GRE has seen major growth at a CAGR of ~ % and GMAT had seen a negative growth of CAGR~% in terms of revenue during the period 2013-2018.

The revenue attained by foreign based exams such as SAT was around USD ~ million which was way much more in comparison to pre engineering and medical exams in UAE in 2018.

UAE Test Preparation Market Segmentation
UAE (Pre Engineering and Pre Medical) Test Preparation Industry Size (By Enrollment)
The enrollments of pre engineering exams were almost twice in comparison to pre medical exams in 2018. Students prefer enrolling them in Grade 11 for two year integrated program. Dubai has more competition in terms of number of institutes and their respective branches.  Abu Dhabi lacks in availability of good institutes in the emirate and is still not exposed to big players in the market. Sharjah is the next best destination for coaching institutes due to proximity near Dubai.

Foundation Courses (Grade 9- Grade 10)
The institutes start providing foundation courses from grade 6 for subjects such as math and science to clear the concepts for pre engineering and pre medical entrance exams.  The enrollments and penetration rate of the students in Grade 10 are more than Grade 9 in these institutes in all emirates for foundation courses. Separate batches for ICSE and CBSE based curriculum are conducted by the institutes. The fee charged by test prep institutes for grade 9 and Grade 10 is USD ~ for each student per year.

Indian Schools in UAE
The schools with British curriculum are more popular than Indian based curriculum schools in UAE. The enrollments of Indian students in Indian schools are more in Dubai than in Sharjah and Abu Dhabi due to more expat population in Dubai. Indian schools are partnering with online and offline resources in order to have similar structure and better results.

UAE Online platforms
The tutoring market still opts for traditional methods of teaching and the shift to online tutoring for Grade 6 to Grade 12 is still in a transitional phase and more tutoring centers are entering in the market.

Platform such as teachmenow.com are moving the teachers on common platform for online services and boosting the growth in the industry. Online platforms such as BYJUs, Askiitians and many more platforms provide pre recorded video lectures at cheaper rates that can be accessed by the student at any time.

Competive Scenario in UAE Test Preparation Market, 2018
The test preparation market is extremely concentrated among few players’ that are able to charge premium fees over others. The market is largely organized in UAE and has high potential to grow in future. Very less percentage of the market is catered by small local institutes and other unorganized players. Many new Indian players such as Resonance and MNR institute that have recently entered are keeping their prices close to Indian standards and providing stiff competition to already established local players in the market.

Dubai is the first choice of all the institutes to set up their branch followed by expansion to other emirates specially Sharjah due to the proximity to Dubai. Major regions where almost all the players have opened the Centers in UAE are Karama, Al Nahda, Bur Dubai, Al Nahda, Abushagara and Hamdan Street. The institutes are competing in parameters such as number of branches, batch size, fee charged, number of batches, discounting strategies and scholarship criteria.

Key Segments Covered
UAE overall Test prep market size
By Enrollments
By Revenue

UAE (pre engineering and pre medical) test prep industry size by enrollments
Dubai Test Prep Market
Abu Dhabi Test Prep Market
Sharjah Test Prep Market

Foundation Courses (Grade 9-Grade10)
Dubai
Abu Dhabi
Sharjah

Institutes Covered (Offline Players)
Meccademia Institute
Ascentria Institute
Stree Resonance Institute
MNR Institute
Excelencia Institute
Career Launcher Institute
Knowledge Planet Institute

Online Players Covered
TestPrepKart
Emedical prep
Askiitians
BYJUs

Key Target Audience
Test Preparation Institutes
Online tutoring Companies
New entrant in Indian Schools in UAE

Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023

Key Topics Covered in the Report:-
UAE Overall Market Size by Enrollments and Revenue
UAE Pre Engineering and Pre Medical Industry Size by Enrollments
Foundation Courses
Competitive Scenario
Indian Schools in UAE
UAE Online Tutoring Market
Critical Success Factors

For more information, refer to below link:

Related Reports


Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Augmenting Landscape of the Global Used Vehicles Market Outlook: Ken Research

The Global Used Vehicles Market across is the one of the most prominent markets within the Southeast Asia due to the wide capacity being traded every year. There have been a number of regulatory transformations that have effect the market namely present regulations on the greater tax rates for the vehicles in the dissimilar price brackets. There is also a number of the several other experiments that exist for the market namely price disagreements, shortage of the standardization and several others. In addition, the market has a lot of potentials to increase and is presently witnessed to be in its growth stage. Moreover, there are a number of growth drivers which has stemmed in an enlargement of the market since 2014, a listing of the vehicles on online auto podiums or social media pages namely Facebook, an augment in the bank recuperated car market saturation and the concept of trade-ins.

Although, the Used Vehicles Industry in the Vietnam in terms of sales capacity augmented at a double digit CAGR over the forest duration. The market was witnessed to be at the early growth stage and presented a robust growth because of the growing disposable income, faster vehicle emergency rate, and foremost growth in the middle class populace, growing average ticket size and growing initiatives by the Vietnamese government in the terms of import tariffs, taxes and regulations. In Vietnam, people prefer to purchase a used motor vehicles as new ones are very much luxurious and for the middle or poorer income group citizens, used card have become more standard adoptions.
However, the Italy used car market was positively witnessed to increase with a volatile growth pattern in the forecast duration. The essential aspects namely the movement from traditional sales channel to E-commerce channel, development in the requirement for the younger used cars, easy existence of the financing choices, adoption of the electric and hybrid used cars and several others have supported the used car industry to increase in the Italy in the terms of sales volume.
The organized sector was monitored to register the used car industry both in the terms of Gross Transaction Value (GTV) as well as sales volume. The organized used car market is leading in Italy due to the services delivered by these dealerships namely used car certifications, examination of the used car, free services, car revamping, suggest documentation regarding the rigorous inspection procedure, the transfer of proprietorship and the trust on these dealerships.
Not only has this, the used car market in Germany was witnessed to increase with an unpredictable growth pattern in the forecast duration. The foremost increment in the internet perception in Germany has been one of the underwriting aspects for the used cars industry as it has become convenient for the used car dealers to list the cars and tap a greater market of the region. The aspects likewise an augmenting online used car corporates, geographical enlargement of the used car dealerships, prevailing of car financing and insurance choices and several others have suggested the used car industry to increase across the Germany in the terms of sales volume. Hence, in the coming years, it is anticipated that the market of used vehicles will increase across the globe over the coming years more positively.
To know more, click on the link below:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Europe Car Rental Market is Driven by Fleet Capacity by Domestic & International Players in the Market and Digitization of Services: Ken Research


“Rise in the tourists arrivals in top European countries (Spain, United Kingdom, Italy, France and Germany) coupled with regional expansion of domestic and international players in terms of their fleet size and number of rental locations have driven the Europe Car Rental Market”.

The report titled “Europe Car Rental Market Outlook to 2025- By Region (France, Germany, Spain, United Kingdom, Italy, Portugal, Ireland, Poland and Others), By Fleet (Compact, SUV, Luxury) and By Purpose (Leisure and Business), Car Sharing By Fleet Size and Users and Cab Aggregator By Revenue and Users)” by Ken Research suggested that the Europe Car Rental Market has been increasing due to rise in tourist arrivals coupled with regional expansion of local & international players in the market and adoption of innovative strategies by major players in European countries  is expected to register a positive CAGR of 4.7% in terms of fleet size during the forecast period 2018-2025F.

Rise in the Number of Tourist Arrivals: Rise in tourism has been the major factor responsible for the growth of car rental services in Europe. Five out of the top 10 destinations in the world namely France, Spain, Italy, Germany and United Kingdom are located in European Union. The major car rental companies in Europe generate their revenue from the leisure and business travelers. The number of international tourist arrivals in European Union increased from 433 million in 2013 to 569 million in 2018 at a CAGR of 5.6% during the review period.

Digitization of Services: Digitization of services and smartphone technology in Europe has evolved over the years. Companies have been focusing on developing solutions such as simplifying booking process, connected vehicle technology, improved pricing mechanism and others in order to adapt to the latest technology trends to improve the experience and allowing flexibility to the customers. For instance, Sixt car rental company based in Germany, has developed an integrated platform for its car rental, car sharing and car ride services called Sixt One. The platform will enable the customers to avail the services from one single application thereby ensuring flexibly and smooth booking experience for the customer.

360 Degree Mobility Approach followed by companies: Companies have been following aggressive marketing strategies in order to differentiate their service offerings from other players in the market. 360 degree mobility approach is an example of one such aggressive marketing strategy. In this approach the companies integrate car sharing, ride hailing, scooter sharing, public transport and other mobility needs of the customer to address maximum customer touch points and creating a one stop solution for mobility.

Key Segments Covered:-
Europe Car Rental Market
By Region                                                        
France
Germany
Spain
United Kingdom
Italy
Portugal
Ireland
Poland
Others

By Fleet Type
Compact
SUV
Luxury and Premium

By Purpose
Leisure
Business

By Rental Location
On-Airport
Off-Airport

Europe Cab Aggregator Market
Europe Cab Aggregator Market By Revenue
Europe Cab Aggregator Market By Number of Users
Europe Car Sharing Market
Europe Car Sharing Market By Fleet Size
Europe Car Sharing Market By Number of Users

Key Target Audience:-
Car Rental Companies
Ride Hailing Companies /Cab Aggregators
Car Sharing Companies
Ride Sharing Companies
Government/ Regulatory Authorities
Online Aggregators
Automotive OEMs

Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2019F-2025F

Companies Covered:-
Europe Car Rental Market
Europcar
Sixt
Avis Budget Group
Hertz
Enterprise-Rent-a-Car

Europe Cab Aggregator Market
Uber
Bolt
Gett
Cabify
Kapten
FreeNow

Europe Car Sharing Market
ShareNow
Zipcar
Ubeeqo
Getaround

For more information, refer to below link:-

Related Reports:-


Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Growth in Nigeria Logistics Market Driven by Infrastructural Investment, Increase in Trade and Entry of International Players: Ken Research

“Marked with the booming economy and improving foreign ties, the logistics sector in Nigeria experienced high growth in 2018.”
Nigeria Logistics Market
Strategic Location: Nigeria is the world’s gateway to West Africa and Lagos is one of the most vibrant international trading hubs in Nigeria. Most of the sea transportation is done by two seaports in Lagos namely Lagos Port Complex and Tin can Port. A new Deep Sea Port in Lekki and Trans-African Highway is being constructed, which is expected to further open up Nigeria to international trade.  Also, Airport connectivity is great with major foreign countries with MMI Airport in Lagos as the busiest one involved in cargo transportation.
Infrastructure Development: Improving infrastructure in the country happens to be a key growth driver for the logistics industry of the county. An Investment of NGN 200 Billion in just 10 years has been made regarding port infrastructure.  Also, Abuja-Kaduna SGR has been completed to facilitate cargo and passenger movements. The willingness of international players to enter the market has made Nigeria step up their logistics infrastructure and spending.
Growth in E-Commerce Sector: The presence of e-commerce players such as Jumia, Konga, Mall for Africa and the introduction of e-payment systems such as Paga has rejuvenated the express delivery services. The e-commerce players are rejuvenating the market by increasing same-day deliveries within Lagos. The services provided by the companies such as guaranteed delivery services to the remote areas, door to door delivery, order tracking and time pick up delivery services at affordable rates have further strengthened the growth of the express logistics market in the country.
The dominance of Third-Party Logistics: For companies whose core business is not logistics, it is advisable to outsource logistics contracts. There is a tough competition in the industry where the companies have to provide diversified services to gain the market which is difficult to provide with good profits. Outsourcing enables them to gain access to resources and capabilities that are not available internally.
Key Segments Covered:-
Freight Forwarding Market
By Mode of Freight
Road Freight
Rail Freight (Volume and Revenue)
Air Freight (Airfreight in Nigeria (Volume- Imports and Exports of Cargo and Mail by Airports)
Sea Freight (Volume By Import –Export And Cargo Type, Logistic cost, Container Freight Rates, Cargo duty, General Cargo Delivery Charges, And Ship Dues)
By Type of Freight
International Freight Revenue
Domestic Freight Revenue
By Flow Corridors
Asian Countries
European Countries
Middle East
America
African Countries
By Contract and Integrated
Contract Logistics Revenue
Integrated Logistics Revenue
By End-User
Food and Beverages
Industrial and Retail
Automotive
Others (Chemical products, fertilizers, pharmaceutical products, perfumes, etc)
Warehousing Market
Revenue by Business Model
Industrial/Retail
CFS/ICD
Cold storage and agriculture
Revenue by Region
Lagos
Kano
Kaduna
Ogun
Nassaraw
Others
Revenue by Type of Warehouses
Open warehouses
Closed warehouse
Revenue by Contract and Integrated warehouses
Contract warehouses
Integrated warehouses
Revenue by End User
Food and Beverages
Automotive
Consumer retail
Health care
Others (Agricultural products and other perishable commodities)
Revenue by Market Structure
Regulated
Unregulated
Courier, Express and Parcel Logistics Market
Revenue by International and Domestic Shipments
International Shipments
Domestic Shipments
Revenue by Type of Express
Air Express
Ground Express
Revenue by Market Structure
B2B
B2C
C2C
Volume by Delivery Period
Same Day Delivery
Next Day Delivery
Two or More Days Delivery
Revenue by Intra City and InterCity
Intra City
InterCity
Revenue by Region
Lagos
Abuja
Kano
Others (Enugu, Port Harcourt, Calabar and many more)
3PL Logistics Market
By Market Type (Freight Forwarding and Warehousing)
Snapshot on E-Commerce Logistics Market in Nigeria
Snapshot on Trucking Aggregators
Kobo360
Lori system
Companies Covered
DHL
BHN Logistics
ABC Transport
UPS (United Postal Services)
Redstar Logistics
Maersk Line
MSC (Mediterranean Shipping Company)
TSL Logistics
Bollore Transport and Logistics
UPS (United Postal Services)
GMT Logistics
GIG logistics
Nipost (Nigerian Postal Service)
MDS logistics
Key Target Audience
Freight Forwarding Companies
E-Commerce Logistics Companies
3PL Companies
Consultancy Companies
Express Delivery Logistics Companies
Logistics/Warehousing Companies
Real Estate Companies/ Industrial Developers
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023F
Key Topics Covered in the Report:-
Logistics Industry Nigeria
Open warehouse Market Share
Import and Export Shipment Cost Nigeria
Industrial parks Nigeria
Special Economic zones Nigeria
Nigeria food and beverages industry
Nigeria Packaged food industry
International trade of Nigeria 
Nigeria logistics and warehousing services
Nigeria export Revenue Market
bollore transport and logistics market share

UPS Nigeria Logistics Market Analysis
For More Information, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249