GCC E-learning Market (Technology - Online E-learning, Learning Management System (LMS), Mobile E-learning, Rapid E-learning, and Virtual Classroom; Applications - Academic, Corporate, and Government): Industry Analysis, Trends, Size, Share and Forecasts to 2027

A recent report published by Infinium Global Research on e-learning market provides in-depth analysis of segments and sub-segments in the GCC as well as regional e-learning market. The study also highlights the impact of drivers, restraints, and macro indicators on the GCC and regional e-learning market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of GCC e-learning market. According to the report, the GCC e-learning market is projected to grow at a CAGR of 19.38% over the forecast period of 2021-2027.

Market Insight

GCC E-learning market was valued at USD 34.15 billion in 2020 and is expected to reach USD 110 billion in 2027, with a CAGR of 19.38% during the forecast period. E-learning covers a wide range of tools and technologies including email, video streaming, the internet, and virtual classrooms. E-learning offers numerous advantages such as reduced overall cost, on-demand availability, expert knowledge, self-paced, and flexibility. Current E-learning initiatives in the Gulf Cooperation Council (GCC) member nations which are Saudi Arabia, Bahrain, Qatar, Oman, United Arab Emirates, and Kuwait can be effectively studied together owing to similarities in history, culture, and political structure of these countries.

Coronavirus prompts digital transformation in Gulf countries which drives the demand for E-learning in this region. The spread of the virus has shifted work and other key elements of daily life to the online space for much of Arab Gulf society. Furthermore, mobile phones are extensively used across the GCC countries, and young adults have emerged as among the most enthusiastic adopters of this technology. Mobile phones are used in the region for a wide range of communications, information, and entertainment purposes which also drives the demand for E-learning. The initiatives from the governments towards digitalization are fueling the market growth. The GCC countries government has a string of initiatives for private sector organizations to begin their own journeys towards a digital future. The United Arab Emirates has established itself as a regional leader in digital transformation in recent years. However, the high development cost associated with e-learning courses hampers the demand for E-learning in this region. Moreover, the growth in research and development (R&D) by the key players is likely to provide opportunities in the market. GCC countries are investing heavily in technological infrastructures and next-generation tools such as artificial intelligence (AI), the Internet of Things (IoT), and robotics to help accelerate the countries.

The Coronavirus pandemic has shifted work and other key elements of everyday life to the online space for much of Arab Gulf society. It has prompted a dilemma for organizations on the question of digital transformation. Along with the Internet of Things (IoT), the other key elements of digital transformation include the use of artificial intelligence, blockchain technology, and machine learning, essentially to enrich the user or customer experience.

Geographically, Saudi Arabia is expected to dominate the GCC E-learning market. Saudi Arabia has a young and growing population for which the government has announced that education budgets accounting for more than a quarter of the country’s entire budget expenditure. This education budget has risen 13% to US$ 36.7 billion. Gulf countries are moving ahead progressively in their digital transformation with UAE topping the list. Saudi Vision 2030 and Oman Vision 2040 are focused on digital transformation nationwide in order to unlock new value in the countries' economies and facilitate strategic efforts to achieve economic diversification.

Segment Covered

The report on GCC e-learning market covers segments such as technology, and applications. On the basis of technology, the sub-markets include online e-learning, learning management system (lms), mobile e-learning, rapid e-learning, and virtual classroom. On the basis of applications, the sub-markets include academic, corporate, and government.

Companies Profiled:

The report provides profiles of the companies in the market such as Paradiso Solutions, IKHYA, Xpertlearning, Webanywhere, Copytech, New Horizon, K12 Academics, Alwasaet, TRACK Learning Solutions, and Innovito.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the e-learning market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.