Kuwait Education Market is Expected to Reach Over KWD 917 Million by 2022: Ken Research
There is a continuous emphasis by the government to enhance much needed vocational skills in Kuwaitis to replace the expat workforce. This is anticipated to expand the training and technical institutions, affecting the industry in a positive manner.
The Ministry of Education allocated nearly KWD 2 billion in the 2016 annual budget for Kuwait's K-12 education. This is in line with its Integrated Education Reform Program (2011-2019) and the School Education Quality Improvement Project which are geared towards developing curriculum, improving learning outcomes, encouraging efficient teaching and refining the efficiency of education. These policies and budget are projected to develop and expand the K-12 education system. Currently, private K-12 schools in Kuwait provide education to over 40% of its students. The nature of the market is fragmented with various types of schools offering all types of curricula & fee range. In majority, it has been noticed that private schools are individually owned, hence leaving more room for large scale operators to take over.
Ken Research in its latest study, "Kuwait Education Market Outlook to 2022 - by K-12 Education, Higher Education, E-Learning, Vocational Training, Teacher Training, Private Tutor and Test-Preparation Education Market" suggests that the demand for education services would continue to grow, registering a five year CAGR of close to 5% during 2017-2022.
Keywords
Key Segments Covered:
- Market Segmentation for Kuwait K-12 Private Education
- Market Segmentation for Kuwait Test Preparation
For more information on the research report, refer to below link:
https://kenresearch.com/education-and-recruitment/kuwait-education-market-174405.html
Time Period Captured in the Report:
2012-2017 - Historical Period
2018-2022 - Future Forecast
Key Target Audience
Companies Cited in the Report
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