Malaysia Education Market Driven by Rising Number of Private Universities, Increasing Preference among Nationals for Private Schooling and Increased Government Support in Education Sector: Ken Research Analysis
“Rising number of private universities and international schools propelling Malaysia towards a global education hub.”
Growth Potential: Malaysia’s education market has witnessed an increase in its overall revenue in the past few years, at a positive CAGR from 2013 to 2018. A noted rise in government support and a rising preference for education with a global perspective has been observed. Preferences of parents and students are shifting towards international schools and private schools from public schools. Foreign students have preferred Malaysia as a destination of higher study due to cheaper cost of education, quality of education, existence of foreign university branches in the country and better employment opportunities.
Rising number of private universities: More number of private universities and foreign university branch campuses are being set up in the country to cater to the growing demand of higher education from both domestic as well as overseas students. These universities charge higher fees but have much more number of seats than public universities. This sector is attractive for private equity as well as government investment as the returns from higher education are high. The government is also looking forward to higher number of public private partnerships to enhance the quality of education and has relaxed the number of regulations required to establish a new university.
Falling enrollments in public schools: Parents are aspiring to provide their children with an education that can make them globally competitive and adept with communication and mathematical skills that can make them marketable and employable. Public schools use Bahasu Melayu as a medium of instruction as a mandate, thereby wealthy parents are increasingly preferring to send their wards to international schools which boast of a more advanced curriculum and teaching techniques.
Analysts at Ken Research in their latest publication “Malaysia Education Market Outlook to 2023- By K-12 Education, Higher Education, and Test-Preparation Education Market” by Ken Research believe that the government support made in the Malaysia Education system will boost the number of enrollments owing to better education delivery by more qualified academicians and teachers. The market is expected to register positive CAGR of ~6% in terms of revenues earned from the Malaysia Education Market during the forecasted period 2018-2023E.
Key Segments Covered
By Malaysia K-12 Education Market:
Level of education (Kindergarten, Primary and Secondary Schools)
Ownership of schools on the basis of various levels of education (Public and Private Schools)
Gender in various levels of education (Male and Female)
By various regions on the basis of number of enrollments
Number of schools (Public and Private)
By Malaysia Higher Education Market:
Type of Universities (Public and Private Universities)
Gender (Male and Female)
Academic Degree (Bachelors, Master’s and Diploma)
By Nationality (Domestic, International students)
By Vocational and Technical Training Industry:
Gender (Male and Female)
By Malaysia Test Preparatory Market:
Types of Tests (SAT, IELTS, GRE, TOEFL and GMAT)
Time Period Captured in the Report:
Historical Period – 2013-2018
Forecast Period – 2019-2023
Key Target Audience
Private K-12 Schools
Test Preparation Institutes
Private Vocational Training Institutes
Investors in Education Sector
Malaysia K-12 International Schools: Cempaka International Schools, Sunway International Schools, Tenby International Schools, GEMS International Schools,
Regent International Schools, Mont Kiara, St. John’s International Schools, The International School of Parkcity, Global Indian International Schools.
Higher Educational Universities/Colleges: Universiti Teknologi Mara, Universiti Teknologi Malaysia, Universiti Islam Antarabangsa Malaysia, Universiti Utara Malaysia, Universiti Sains Malaysia, Universiti Putra Malaysia.
Test Preparation: Manhattan Review, Manhattan Elite Prep, Benefit Prep, ELS Malaysia, Inspire Education
Key Topics Covered in the Report
Malaysia Education Industry Size
Malaysia Education Industry Future Outlook
Malaysia K-12 Education Industry
Malaysia K-12 Education Industry Segmentation
International Schools in Malaysia
Trends and Developments in Malaysia K-12 Education Industry
Competitive Landscape of Malaysia K12 Education Industry
Malaysia K-12 Education Industry Future Outlook and Projections
Trends and Developments in Malaysia Test Preparation Industry
Competitive Landscape of Malaysia Test Preparation Industry
Malaysia Test Preparation Industry Future Outlook and Projections
SWOT Analysis for Malaysia Education Industry
For more information, refer to below link:
Ankur Gupta, Head Marketing & Communications