Noida, India (PressExposure) May 27, 2011 -- According to our research report "Saudi Arabia Education Forecast to 2013", the need and demand for higher education in the Kingdom has been witnessing a rapid growth for the last few years, owing to its slow but steady emergence as a knowledge-based economy. Various factors, such as rapid economic growth, industrial development, and significant growth in the country's service sector have been resulting into the rising need for highly qualified professionals to match up with the expectations of job to perform and contribute better in a particular economic activity.
Ongoing research found that, the female students dominate the registrations in public universities in the Kingdom. Approximately 62% of the total university registrations were accounted by female students. The budget allocation for female higher learning has also been increasing for the past few years, thus showing the government's strong focus on upgrading social and professional situation of females in the Kingdom. Due to better job prospects and the government's strong focus on higher education infrastructure development, we anticipate that the number of enrolled students for higher learning will increase at around 9% CAGR during 2010-2014 to reach 1.09 Million by 2014 end.
Our thorough analysis of the higher education professional courses revealed that, there is an acute shortage of manpower in various fields, such as engineering, computer science, pharmacy, medical sciences, etc., and due to this, the demand for technical and medical courses will boom in near future. Besides, the report describes key factors that makes Saudi Arabian higher education sector highly lucrative for private players looking to enter the market.
"Saudi Arabia Education Forecast to 2013" provides comprehensive research and thorough analysis of the Saudi Arabian education industry. The report facilitates current industry status and future forecasts on elementary, intermediate, secondary, and higher education segments, mainly focusing on potential student enrollments, requirement of staff, and colleges during 2011-2014. Additionally, analysis of the regulatory environment along with the recent industry developments has been included in the report to provide a balanced outlook on the potentials of the Saudi Arabian education industry.
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