e-learning in Mideast set for robust growth

Dubai / Emirates Business

The Middle East’s online education is forecasted to experience continuous growth thanks to the rising government investments and increasing popularity of e-learning especially among professionals. According to a report by Research and Markets titled the ‘Middle East Online Education & E Learning Market Size, Demand, Opportunity & Growth Outlook 2023,’ the regional online education and e-learning market is seen to register a compound annual growth rate (CAGR) of 9.8 percent during the forecast period.
Saudi Arabia holds the biggest share in the regional market and is expected to earn $237.1 million by 2023. The UAE market is expected to follow closely with a CAGR of 10.3 percent over the forecast year, said the report.
Nidal Abou Zaki, Managing Director, Orient Planet Group, said: “The region’s adoption of e-learning practices and growing positive attitude towards online education are major influencers and growth drivers for the market.”