Market Trends of UAE Private K12 Education Industry
Increased Rate of Population Growth, including Expatriates
One of the drivers of the growth of the UAE private K12 education market is the increasing population. Despite the overcrowded schools in Dubai and Abu Dhabi, there is still an opportunity for growth in the market. Over the past few years, public schools in the country have witnessed slower growth in the number of enrollments than private schools. The highest number of enrollments is seen in the cycle 1 (primary) level of schooling. It is followed by the intermediate level of schooling, the KG level, and then the secondary level of education. The government has also introduced ownership laws to allow 100% ownership of companies outside, free zones by foreign investors, and 10-year residency visa options, a move designed to bring more foreign investments into the country and attract long-term residents. With the ease of investments, the number of private schools is likely to increase during the forecast period.
Government Initiatives for Education is Driving the Market
The United Arab Emirates is among the leading providers of educational services in the GCC region. The country's private education sector has evolved with the influx of international institutions and a greater demand for various curricula. Furthermore, the government has also taken various initiatives and investments to increase the quality of education in the region. To provide the best quality of education, the tuition fees charged by private schools are in the high and premium range compared to the public schools. Despite this, the demand for private schooling is increasing.
