The GCC education sector has advanced significantly over the past few years with governments’ focus on diversifying their economies and enhancing the quality of education. It has also witnessed significant technological investments, especially post COVID to establish avenues of uninterrupted learning. This, accompanied by rising population, high disposable incomes and increasing private sector participation is expected to drive enrolments in the region. Furthermore, rising demand for affordable schooling, building digital infrastructure and increasing investments in EdTech platforms is presenting interesting opportunities across the region.
Alpen Capital’s comprehensive industry research reports on the education sector provides in-depth analysis and forecasts for the sector, as well as examines recent trends, growth drivers and challenges facing this dynamic segment. Additionally, the report profiles select education operators in the region.
According to Alpen Capital, the total number of students in the GCC education sector is projected to increase by 1.1 million to reach 14.2 million by 2027, growing at a CAGR of 1.6% from an estimated 13.1 million in 2022. Between 2022 – 2027, the pre-primary and tertiary segments are expected to grow at a faster rate than the other segments. The pre-primary segment is expected to grow at a CAGR of 2.2%, while the tertiary segment is expected to grow at a CAGR of 1.7%. The primary and secondary segments, which constitute the majority share of enrolments are expected to witness a growth of 1.5% CAGR. The number of students in private schools is projected to grow at a CAGR of 1.7%, whereas enrolments at public schools is likely to increase at a marginally slower pace, recording a CAGR of 1.5% between 2022 and 2027.
Saudi Arabia is expected to remain the largest education market in the GCC growing at a CAGR of 1.6%. In terms of annualized growth, the number of students in Kuwait and UAE are projected to grow at a faster rate than the other member nations between 2022 and 2027. The demand for schools in the GCC is likely to increase at a CAGR of 0.7% translating to an addition of an estimated 1,127 schools by 2027 to reach 35,208. While the demand for public schools is expected to increase at a CAGR of 0.4% between 2022 and 2027, the number of private schools is anticipated to grow at a faster rate of 1.5%.
Alpen Capital provides M&A and financial advisory services to operators and investors in the GCC’s education sector to broaden their geographic reach, increase market share and improve operational efficiency.