MENA Edtech Market to Grow at a CAGR of 14.2% to reach US$ 5,487.71 million from 2023 to 2028

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.

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MENA Edtech Market: Strategic Insights

MENA Edtech Market

• Market Size 2023
  US$ 2,825.52 Million
• Market Size 2028
  US$ 5,487.71 Million

Market Dynamics

GROWTH DRIVERS

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FUTURE TRENDS

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OPPORTUNITIES

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Regional Overview

• MENA

Market Segmentation

Sector

• K-12
• Higher Education
• Pre-School

End User

• Individual
• Academic Institutions

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MENA Edtech MarketReport Scope

MENA Edtech Market Report Scope