Education

‘COVID-19’ a catalyst for EdTech industry in GCC region

The EdTech industry is transforming traditional learning methods by blending digital capabilities and the widespread penetration of digital devices within the general population. EdTech platforms have mushroomed to encompass adaptive learning, animated content, gamification, etc (Khaleej Times). The global EdTech market size was valued at USD 89.49 billion in 2020 and is expected to reach USD 106.04 billion in 2021. Which is expected to witness a compound annual growth rate (CAGR) of 19.9% from 2021 to 2028 to reach USD...

Online Education for School Children in the GCC

As children and parents in the GCC get a taste of remote schooling due to the impact of COVID-19, there are multiple themes emerging. It is a given that learner cohorts are very different, which means that felicity with computers vary significantly. Remote learning, especially for young children, is a complex affair due to the influx of technologies,various software, and communication capabilities of stakeholders involved. The GCC education sector’s response to COVID-19 quarantine needs to be judged objectively. It is...

Edtech – It’s Promise and Future

The EdTech industry is transforming traditional learning methods by blending digital capabilities and the widespread penetration of digital devices within the general population. EdTech platforms have mushroomed to encompass adaptive learning, animated content, gamification, etc. (Khaleej Times). Globally, the EdTech industry recorded a total investment of USD 18.7bn in 2019, following a record of USD 16.3bn in 2018 (Ibid ). It is notable that the combined investments in 2018 and 2019 are greater than the total combined investment recorded from...

Is education still a good business in the GCC?

Challenges faced by GCC education industry Despite the growing government spending on education by gulf countries averaging 15.8% of government expenditure in GCC, the quality of education remain below par to global standards. It is reflected in high level of unemployment among youths with an unemployment rate as high as 27% (World Economic Forum). While Gulf governments may be eager to prioritize the hiring of nationals particularly in the private sector, a significant gap in skillsets and cultural and structural...