The feasibility study for a private university project aims to provide a comprehensive evaluation of the economic, technical, and administrative aspects, ensuring the establishment of a leading educational institution that meets community needs and contributes to enhancing the quality of higher education. The study focuses on an in-depth market analysis to determine the demand for academic specializations and innovative educational programs, considering the latest trends in education and the evolving needs of the job market. The study includes estimating costs related to the establishment of the project’s infrastructure, including classrooms, laboratories, libraries, and sports facilities, as well as calculating operational costs and potential revenues from tuition fees and other services. Additionally, the study addresses legal and regulatory aspects by identifying the licensing requirements and academic program accreditations to ensure compliance with local and international standards. The study also includes the development of effective marketing strategies aimed at attracting students and qualified faculty members, strengthening the proposed university’s position as a distinguished educational institution.
A private university project is a private educational institution aimed at offering pioneering academic programs that meet the aspirations of students and align with the ever-evolving needs of the labor market. The university seeks to provide an advanced educational environment that relies on the latest technological tools and teaching methodologies, enhancing the quality of higher education and contributing to the preparation of qualified personnel capable of leading economic and social development. The university offers a diverse range of academic programs that include scientific, literary, technical, and engineering disciplines, with a focus on advanced curricula that keep up with the latest global developments. The university places special emphasis on attracting faculty members who are competent and experienced, while supporting scientific research and encouraging innovation to enhance academic excellence. Practically, the university seeks to develop strategic partnerships with international and local institutions to provide students with practical training opportunities, giving them a competitive edge in the job market. The private university project represents a model of outstanding higher education that enhances the quality of educational outcomes, positioning the proposed institution as a leading academic choice for students aspiring to a bright and promising future.
Academic programs that meet the needs of the job market.
High-quality education with qualified faculty members.
Modern facilities and advanced educational technologies.
Partnerships with the job market and training opportunities.
Diverse student activities.
Scholarships and flexible funding programs.
Locally and internationally recognized certifications.
Exchange opportunities and partnerships with global universities.
Executive summary
Study project services/products
Market Size Analysis
Risk Assessment
Technical study
Financial study
Organizational and administrative study
The Education Sector in GCC Countries
Because “Mashroo3k” Economic Consulting and Market Research Company believes in the importance of the education sector and its role in localizing national labor, it presents below the key indicators of the educational sector in GCC countries, thereby encouraging investment in this vital sector:
The total number of students in the Early Childhood Development stage (including nurseries and kindergartens) in GCC countries, according to the latest available statistics, reached 851.5 thousand students.
The number of school education students in the GCC was estimated at 9.3 million students (79.4% in the public sector and 20.6% in the private sector).
The number of adult education center learners was estimated at 181,247 students.
The number of higher education students was 2,206,446 students.
The number of early childhood education teachers was 50,647 teachers.
The number of school education teachers was estimated at 727,904 teachers.
There are 5,806 educational institutions operating at the early childhood stage.
There are 32,310 educational institutions operating at the school education stage.
Over the past years, governments in GCC countries have sought to bridge the gap between education and the labor market. They have adopted curricula that increase the share of vocational and technical education and encourage learning through modern media and technologies. It is also worth noting the increase in government spending by these six countries on education and its quality to graduate generations that meet the private sector’s labor needs.
According to the latest statistics:
Saudi Arabia spends 18.9% of its budget on education.
The UAE spends 14.8%.
Oman spends 12.2%.
Bahrain spends 9.8%.
Kuwait spends 12.3%.
Qatar spends 10.5% of its budget on education.
By the year 2023, the value of the private education market in GCC countries is expected to reach $26.2 billion.
The Global Education Sector:
The size of the global educational services market reached approximately $2,882.52 billion by the end of 2021, and global experts expect it 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 value is projected to increase to $4,623.90 billion, achieving a CAGR of 9.7% over the forecast period.
By 2030, the global value of education as an industry is expected to reach $10 trillion USD.
By 2024, the global online education market is projected to reach $247.46 billion USD.
The AI-powered education market is expected to expand at a compound annual growth rate (CAGR) of 36% from 2022 to 2030.
In the year 2000, the number of pupils worldwide was approximately 657 million, and this number increased to 739 million by 2019.
In 2000, the number of secondary education students was around 452 million, rising to 601 million by 2019.
