Mashroo3k Economic Consulting Company offers a feasibility study for a school complex project for various educational levels, with the highest return on investment and the best payback period. This study is based on a series of in-depth studies of the Iraqi market size, an analysis of competitors’ strategies, and parents’ desires, all within the framework of the growth of the education sector in Iraq.
The school complex project for various educational levels provides educational services, as well as sports, cultural, and artistic skill development activities for boys and girls, both citizens and residents of Iraq, covering all educational levels. The school complex includes specialized facilities and classrooms, science and computer labs, audio and visual labs, a private clinic for students, and halls equipped for sports and artistic activities.
Mashroo3k Economic Consulting Company provides Iraqi investors wishing to invest in a school complex project for various educational levels with a set of specialized feasibility studies based on updated databases specific to the Iraqi market. This helps ensure the project’s success, achieves the highest return on investment, and provides the best payback period. This is achieved through accurate studies of the size of the Iraqi market, analysis of the strategies of local and foreign competitors, and the ability to provide competitive pricing.
Mashroo3k Economic Consulting Company is committed to ensuring that the school complex project has the best human resources, modern educational equipment, and a team of social workers capable of facilitating communication between students, teachers, and parents.
Mashroo3k Economic Consulting Company directs Iraqi investors wishing to invest in a school complex project, or develop their existing projects, to seek the advice of specialized consultants through Mashroo3k Company, to help them determine the best methods and approaches for developing the school complex’s services and enhancing its competitive advantages.
Executive Summary
Study of project services/products
Market Size Study
Risk study
The Education Sector in the GCC Countries
Because Mashroo3k Economic Consulting and Market Research believes in the importance of the education sector and its role in localizing the national workforce, it has decided to present the following key indicators of the education sector in the GCC countries, calling for investment in this important sector:
The total number of students in early childhood development (including nurseries and kindergartens) in the GCC countries, according to the latest available statistics, reached 851,500 students.
The number of students in school levels in the GCC countries was estimated at approximately 9.3 million students (79.4% in the public sector and 20.6% in the private sector).
The number of students in adult education centers was estimated at approximately 181,247 students.
The number of higher education students was estimated at 2,206,446 students.
The number of early childhood teachers was estimated at 50,647.
The number of school teachers was estimated at approximately 727,904.
There are 5,806 existing early childhood education institutions.
There are 32,310 existing primary education institutions.
In recent years, governments in the Gulf Cooperation Council (GCC) countries have sought to bridge the gap between education and the labor market. They have adopted educational curricula that increase the share of vocational and technical education and encourage learning through modern media and technologies. In this context, we should not fail to point out the increased spending in these six countries on education and its quality, in order to graduate generations that meet the private sector’s workforce needs.
According to the latest statistics, Saudi Arabia spends 18.9% of its budget on education, the UAE spends 14.8% of its budget on education, the Sultanate of Oman spends 12.2% of its budget on education, Bahrain spends 9.8% of its budget on education, Kuwait spends 12.3% of its budget on education, and Qatar spends 10.5% of its budget on education. By 2023, the private education market in the GCC will reach $26.2 billion.
Global Education Sector
The global education services market was valued at approximately $2,882.52 billion by the end of 2021, and global experts expect the market to reach $3,191.79 billion by the end of 2022, achieving a compound annual growth rate (CAGR) of 10.7%. By 2026, the market will reach $4,623.90 billion, representing a CAGR of 9.7% over the forecast period.
By 2030, the global value of education as an industry will reach US$10 trillion.
By 2024, the value of online education worldwide will reach US$247.46 billion.
The AI education market will expand at a compound annual growth rate of 36% from 2022 to 2030.
In 2000, the number of students worldwide was approximately 657 million, and this number increased to 739 million in 2019.
In 2000, the number of secondary school students was approximately 452 million, and this number increased to 601 million in 2019.
