Saudi Arabia Remittance Market Future Outlook to 2027

Saudi Arabia Remittance Market Future Outlook to 2027

Executive Summary

Enrollment in higher education sector is increasing on a global scale. However, middle-income nations account for the majority of this growth, with high-income nations experiencing more of a stagnation. The worldwide higher education market is anticipated to be stimulated by the rising international student enrollments and growth in private education institutions. The worldwide higher education market is also expanding as a result of the education sector's growing internationalization.
The global higher education market was valued at USD ~ Billion in 2021, and is projected to reach by USD ~ billion by 2027. North American region was the highest revenue contributor, accounting for market share in the global higher education market in 2021 followed by Europe, Asia Pacific and LAMEA.

Key Facts of Higher Education Market
The US: The number of overseas students studying in the US reached a record high in 2019, reaching one million students and contributing USD 44.7 billion to the economy. Around 6% of all post-secondary students are international, and they frequently pay the full cost of tuition.
Europe: Nearly 5,000 higher education institutions, 17.5 million students in tertiary education, and 1.35 million educators reside in Europe. Many of the top-tier universities are located in Europe, region also has 104 universities ranking in the top 200 and 42 among the top 100 universities worldwide. Europe is home to about half of the world's top 400 universities.
Asia: Asia is home to the world's two fastest growing economies, China and India, both the country’s have significant discretionary income. In addition, the growing number of Urbanized population in Asian countries is a prime factor accountable for growing Asia-Pacific higher education market.

Scope of the Study
The synopsis presented is based on the report titled