Saudi Arabia E-Learning Market, Saudi Arabia E-Learning Industry, Market Revenue: Ken Research

 How The Saudi Arabia E-Learning Market Is Positioned?

Saudi Arabia E-Learning market was observed to grow with an augmenting growth rate in the review period 2015-2020P. The Saudi Arabia E-Learning market in terms of Revenue has increased at a positive CAGR of ~% during the review period 2015-2020P. The growth was supported by rising internet penetration, rising smart phone penetration, surging adoption of LMS and others. The content services market in e-learning industry was also observed to grow with a positive CAGR over the last 5 years owing to the entry of large number of content companies. The technology services gained momentum in the last few years in Saudi Arabia owing to the rising demand for technologies such as LMS. Increasing initiatives by the Ministry of Education to improve quality education further contributing to the growth of e-learning market in Saudi Arabia.

The Saudi Arabia E-Learning market was dominated by the content services with a market share of ~% in terms of revenue in the year 2020. Saudi Arabia content services market was witnessed to generate the majority revenue from M-Learning owing to the rising smart phone penetration and increased access of e-learning content on mobile. The Competition within Saudi Arabia E-Learning market was observed to be fragmented with the presence of content companies such as New Horizon, K12, Alwasaet, Bakkah, Udacity, Edx, Noon, Nafham & others and Technology companies such as Naseej, Innovito, Integrated Solution for Business (ISB), Harf Information Technology, Smartway, Edutacs, Dolf Technologies, Board Middle East (BME), Classera, Edraak, Rawaq.org and others.

Saudi Arabia E-Learning Segmentation

By Content and Technology Services: Content services were observed to be dominating the Saudi Arabia E-Learning market in terms of revenue. The content services constituted a market share of ~% in terms of revenue in the year 2020P. Content services were majorly demanded by the users in educational sector, wherein improvised and advanced instructional content was offered to uplift the public sector education in the country.

By End Users (Higher Education, K-12, Corporate & Government Sector, Individual/Home users segment and others): The higher education dominated the e-learning market with a market share of ~% in terms of revenue in the year 2020P. The emphasis of the government to provide better quality education in the country led to the development of e-learning platforms in higher education colleges and universities.

By Product Category (Multimedia, Open Courseware and Online Test & Assessment): Multimedia dominated the content services market with a market share of ~% in terms of revenue in the year 2020P owing to the rising demand for digital platforms, which is benefiting and easing the learning methodology without restricting to a particular geography.

By Type of Content Format (Video, Audio and Text): Video content dominated content services market along with a massive collective revenue share of ~% during 2020P in Saudi Arabia owing to the ease of understanding in a video content and the characteristics of being self explanatory to the learner.

By Source (M-Learning, MOOCs, SPOC, Gamification and E-Books): M-Learning dominated the content services market in Saudi Arabia with a market share of ~% during 2020P owing to the surging smart phone penetration in Saudi Arabia and access of e-learning content on the mobile phone.

By Product Category (Learning Management System (LMS), Smart Classroom and Smart Authoring Tools): Learning Management System dominated the technology services market in Saudi Arabia with a market share of ~% in terms of revenue during 2020P owing to the growing demand of online courses which aided the adoption of LMS by customers across various sectors.

By End Users of LMS (Higher Education, Corporate Sector, K-12 Schools and others): Higher Education dominated the Learning Management System market with a market share of ~% in terms of revenue in the year 2020P owing to the  higher emphasis of the government on the  higher education in Saudi Arabia.

By Webbased LMS Software and Installed LMS Software: Webbased LMS dominated Learning Management System market along with a massive collective revenue share of ~% during 2020P in Saudi Arabia owing to its easy maintenance, faster set-up, better security features and other factors.

What Is The Competition Scenario In The Saudi Arabia E-Learning Market?

Competition within the Saudi Arabia E-Learning market was observed to be fragmented along with the presence of large number of content and technology companies. The major companies in the content services market in Saudi Arabia includes New Horizon, K12, Alwasaet, Bakkah, Udacity, Edx, Noon & others. The major companies in the Technology services market include Naseej, Innovito, Integrated Solution for Business (ISB), Harf Information Technology, Smartway, Edutacs, Dolf Technologies and others.

Saudi Arabia Market Future Outlook and Projections

Over the forecast period 2020-2025F, the Saudi Arabia E-Learning Revenue is further anticipated to increase to USD ~ Million by the year 2025F, thus showcasing a CAGR of ~%. The COVID-19 to positively impact the e-learning market in Saudi Arabia with the shift of large number of people from traditional learning to e-learning. Growth drivers such as increased awareness of the e-learning services, availability of large variety of content, adoption of e-learning in corporate and government sector and others to contribute to the growth of e-learning services in Saudi Arabia.

Key Segments Covered of E-Learning:-

By Content and Technology Services:-

Content Services

Technology Services

By End Users:

Higher Education

K-12

Corporate and Government Sector

Individual/Home User Segment

Others (preparation institutes, vocational colleges and technical training centers)

Key Segments Covered of Content Services Market:-

By Product Category:-

Multimedia

Open Courseware

Online Test and Assessment

By Type of Content Format:-

Video

Audio

Text

By Source:-

M-Learning

MOOCs

SPOC

Gamification

E-Books

Key Segments Covered of Technology Services Market

By Product Category:-

Learning Management System (LMS)

Smart Classroom

Smart Authoring Tool

By End Users of LMS:-

Higher Education

Corporate Sector

K-12

Others (preparation institutes, vocational colleges and technical training centers)

By Webbased and Installed LMS:

Webbased LMS

Installed LMS

Key Target Audience:-

E-Learning companies

Content companies

Technology companies

Education Institutions

Authoring Tool companies

Private Equity and Venture Capitalist

Industry Associations

Time Period Captured in the Report:-

Historical Period – 2015-2020P

Forecast Period – 2020-2025F

Companies Covered:-

Content Companies:-

New Horizon

K12

Alwasaet

Bakkah

Udacity

Edx

Nafham

Noon

Integrated Solutions for Business (ISB)

Harf Information Technology

Smartway

Edutacs

Dolf Technologies

Board Middle East (BME)

Classera

Edraak

Rawaq.org

Technology Companies:-

Naseej

Innovito

Integrated Solutions for Business (ISB)

Harf Information Technology

Smartway

Edutacs

Dolf Technologies

Board Middle East (BME)

Classera

Edraak

Rawaq.org

For More Information, refer to below link:-

Saudi Arabia E-Learning Market

Related Reports:-

Turkey E-Learning Technology and Content Market Outlook to 2023 - Growing Demand for M-Learning and Higher Use of Videos and Animation to Foster Market Growth

Vietnam E-Learning Market Outlook to 2023 – Driven by Rising Adoption of Smartclasses, E-books in Schools and MOOCs and Smart Authoring Tools in Corporate Training and Test Preparation Segment

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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
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