The demand for connected devices, such as smartphones and laptops, is increasing in MENA due to learn-from-home and work-from-home scenarios. As students could not attend school or tuition classes due to the lockdown and social distancing measures due to the COVID-19 pandemic, their education was conducted online, eventually propelling the demand for smartphones and laptops. According to GSMA, smartphone adoption in the region is thriving and is expected to increase by 2030. As per GSMA, in 2022, smartphone adoption was 78% in the region, which is expected to grow to 90% by 2030. This increasing adoption is due to the robust and fluent internet connectivity in the region. In 2021, the number of mobile internet users in the region surpassed 300 million. In addition, it was seen that the adoption of 5G is increasing in the region. Even though the 4G adoption rate in the region in 2022 was 48% and the 5G adoption rate was just 3%, it is expected that 5G adoption will increase to 47% and 4G will decrease to 33% in MENA by 2030. Thus, the growing internet connectivity and rising demand for connected devices in the region are inclining people toward online courses, thereby fuelling the MENA edtech market growth.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2,825.52 Million |
Market Size by 2028 | US$ 5,487.71 Million |
Global CAGR (2023 - 2028) | 14.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2028 |
Segments Covered |
By Sector
|
Regions and Countries Covered | MENA
|
Market leaders and key company profiles |
The List of Companies - MENA Edtech Market