Middle East and Africa EdTech and Smart Classroom Market to Grow at a CAGR of 9.8% to reach US$ 7,626.1Million from 2020 to 2027

The EdTech and smart classroom market in MEA is expected to grow from US$ 3,565.0 million in 2019 to US$ 7,626.1 million by 2027; it is estimated to grow at a CAGR of 9.8% from 2020 to 2027.

Saudi Arabia, South Africa and UAE are major economies in MEA. MEA is witnessing surge in market growth is the major factor driving the growth of the MEA EdTech and smart classroom market. The MEA region in expected to be the fast growing region, in terms of EdTech and smart classroom market revenue over the forecast period of 2020 to 2027. The high focus on education in MEA countries, rising young population, huge demand of smart and connected devices among students, and growing number of EdTech startups are some of the factors that are driving the demand for education technology solutions in this region. In addition to the favorable EdTech market growth scenario, the growing popularity of e-learning/digital learning solutions coupled with rising trend of digitalization in education sector of all the major MEA countries is boosting the growth opportunities for the market players operating in the MEA EdTech and smart classroom market. All these factors are anticipated to drive the demand of education technology solutions based on AR, VR, and AI technologies and boost the future growth of MEA EdTech and smart classroom market over the forecast period of 2020 to 2027.

Further, the MEA includes countries such as Saudi Arabia, the UAE, Iran, and South Africa, among many others. As per UNICEF publication “MENA Generation 2030,” the region is anticipated to witness its most productive years from 2018 to 2040 owing to the growing potential of its demography. Presently, children and young people (of age <24) represent nearly half of the region’s population. This presents a huge opportunity for the EdTech and smart classroom solutions companies catering to schools, colleges, and universities in this region. The COVID-19 outbreak has had a severe impact on Iran, Saudi Arabia, Qatar, South Africa, and the UAE. The pandemic has hindered the economic and industrial growth of these countries in the past few months. However, the shutdown of educational institutions has been driving the adoption of digital technology solutions in the education sector to facilitate uninterrupted teaching and learning processes.    

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA EdTech and smart classroom market. The MEA EdTech and smart classroom market is expected to grow at a good CAGR during the forecast period.

MEA EdTech and Smart Classroom Market Segmentation

MEA EdTech and Smart Classroom Market – By Component

• Hardware
• Software

MEA EdTech and Smart Classroom Market – By Deployment Type

• On-Premises
• Cloud
• Hybrid

MEA EdTech and Smart Classroom Market – By End-User

• Upto K-12
• Higher Education

MEA EdTech and Smart Classroom Market, by Country

• Saudi Arabia
• UAE
• South Africa
• Rest of MEA

MEA EdTech and Smart Classroom Market - Companies Mentioned

• Apple Inc.
• Blackboard Inc.
• Cisco Systems, Inc.
• IBM Corporation
• Microsoft Corporation
• Oracle Corporation
• SAP SE
• SMART Technologies