(MENAFN- America News Hour) Online Education (e-learning) market is one of the growing markets across the region of Middle-East. There has been a significant rise in private schools, colleges, universities and corporate sectors in Middle-East countries. Further, government authorities of Middle-East countries introduces new and effective education mandate to digitize the textbooks of the entire academic sector for the advancement of education system across the region.

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Market size and forecast

The Online Education (e-learning) market is expected to expand at a CAGR of 15.2% during the forecast period 2016-2023. The online education/e-learning market is expected to reach USD 558.3 Million by the end of 2016 from USD 379 Million in 2011. The UAE is expected to showcase a lucrative growth in online education/e-learning market in the forecast period 2016-2023 due to presence of large number of private schools i.e. 65% in the region of Middle-East which will further expected to adopt more online education/e-learning services.

The online education/e-learning market of Saudi Arabia is expected to show a rapid growth due to governmental initiatives in education sector to improve the quality of education by adopting online education/e-learning. The education government of Saudi Arabia announced the budget of education sector with increment of 13% USD 36.7 Billion which will further expected to show a exponential growth of online education/e-learning market over the forecast period 2016-2023.

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Rise in economy of the Middle-East region due to huge investments in expansion of corporate sectors will make easy to spread the culture of each corporate organizations through e-learning programs and trainings. Promotion of digitization of learning and training by providing electronic gadgets to the population by the government authorities is taking the Middle-East region a step ahead in the sector of online education/e-learning.

Due to emerging multiple sectors across the Middle-East region indicates a huge market for suppliers and open the doors for new players to jump into the market of Middle-East online education/e-learning sector. Additionally, massive support from the government authorities in education sector, rapid pace in modern infrastructure and adoption of high-end technology is expected to expand online education/e-learning market in Middle-East region.

However, insufficient security and ethical measures is expected to be a major burden for the key players to overcome from these issues in the Middle-East online education/e-learning sector. Rising awareness towards distance learning with effective online based technology which is convenient for the students is expected to drive the online education/e-learning market over the forecast period 2016-2023.

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Leading Key Players of Global Market:

Aptara, Educomp, Princeton Review, Tata Interactive Systems, Saba Software, Docebo, Desire2learn, Articulate, Others.

Market Segmentation

By Technology
Rapid Online Learning
Learning Management System(LMS)
Mobile e-learning
Podcasts
Virtual Classroom
Application Simulation
Knowledge Management system
Learning content Management System

By Components
Content
Supporting Services
Faulty Staff

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By End-User

Based on end-user, the market is further segmented as follows:

Higher Education
Corporate Sector
Healthcare Sector

By Region

Online Education/e-learning Market is further classified on the basis of country as follows:

North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

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