Industry

MENA Edtech Market Forecast to 2028 - Regional Analysis by Sector (K-12, Higher Education, Pre-School, and Others) and End User (Individual, Academic Institutions, and Others)

Report Code : 

TIPRE00029914

No. of Pages : 153
Published Month : Jun 2023
Category : Technology, Media and Telecommunications

The MENA edtech market is expected to grow from US$ 2,825.52 million in 2023 to US$ 5,487.71 million by 2028; it is estimated to register a CAGR of 14.2% from 2023 to 2028.

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.

MENA Edtech MarketReport Scope

MENA Edtech Market Report Scope

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
  • K-12
  • Higher Education
  • Pre-School
By End User
  • Individual
  • Academic Institutions
Regions and Countries Covered MENA
  • MENA
Market leaders and key company profiles
  • Almentor FZCO
  • Udemy Inc
  • Duolingo Inc
  • Blackboard Inc.
  • Sololearn Inc
  • Zendy Institute
  • Noon Academy
  • Coursera Inc
  • edX LLC
  • The List of Companies - MENA Edtech Market

    1. Almentor FZCO
    2. Udemy Inc
    3. Duolingo Inc
    4. Blackboard Inc.
    5. Sololearn Inc
    6. Zendy Institute
    7. Noon Academy
    8. Coursera Inc
    9. edX LLC
    10. Beams International LLC (Baims)
    • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the edtech market
    • Highlights key business priorities to assist companies in realigning their business strategies
    • The key findings and recommendations, such as specific country and segmental insight, highlights crucial progressive industry trends in the edtech market, thereby allowing players across the value chain to develop effective long-term strategies
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
    • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest concerning client products, segmentation, pricing, and distribution
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