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(USGovernment-News.Com, May 28, 2015 ) Education plays an essential role in the development of GCC economies as it helps in creating skilled workforce. The governments in the GCC region are lending tremendous support to the education sector. Dependency on immigrant population has substantially increased labor costs and also reduced employment opportunities for native citizens. As a result, to reduce dependency on expats and to diversify from oil-based revenues, almost all countries have begun to invest heavily on education to strengthen their knowledge base. The revenue from oil has provided sufficient funds to improve the education system and develop academically and technically qualified individuals who are able to serve their country for its progress.
The analysts forecast K-12 education market in GCC to grow at a CAGR of 3.03% in terms of student enrollments over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the K-12 education market in GCC for the period 2015-2019. To calculate the market size, the report considers the student enrollments in K-12 education across six countries in GCC.
The report, K-12 Education Market in GCC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Questions Answered in this Report What will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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