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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Deployment Type, and End-User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Saudi Arabia
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA EdTech and Smart Classroom Market – By Component
1.3.2 EdTech and Smart Classroom Market – By Deployment Type
1.3.3 MEA EdTech and Smart Classroom Market – By End-User
1.3.4 MEA EdTech and Smart Classroom Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA EdTech and Smart Classroom Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA EdTech and Smart Classroom –Market Dynamics
5.1 Market Drivers
5.1.1 Digitalization and Technical Advancements in Education Industry to Catalyse the Market Growth
5.1.2 Popularity of Cloud Based Solutions Driving the Use of EdTech Solutions
5.2 Market Restraints
5.2.1 Expensive Primary Investments and Awareness Paucity
5.3 Market Opportunities
5.3.1 MEA witnessing Surge in Market Growth
5.4 Future Trends
5.4.1 Growth of Smart Learning due to Technical Integration
5.5 Impact Analysis of Drivers and Restraints
6. EdTech and Smart Classroom Market – MEA Analysis
6.1 MEA EdTech and Smart Classroom Market Overview
6.2 MEA EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. MEA EdTech and Smart Classroom Market Analysis– By Component
7.1 Overview
7.2 MEA EdTech and Smart Classroom Market Breakdown, by Component, 2019 & 2027
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware Market Revenue and Forecast to 2027 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software Market Revenue and Forecast to 2027 (US$ Million)
7.4.3 Learning Management System
7.4.3.1 Overview
7.4.3.2 Learning Management System Market Revenue and Forecast to 2027 (US$ Million)
7.4.4 Student Information System
7.4.4.1 Overview
7.4.4.2 Student Information System Market Revenue and Forecast to 2027 (US$ Million)
7.4.5 Classroom Management System
7.4.5.1 Overview
7.4.5.2 Classroom Management System Market Revenue and Forecast to 2027 (US$ Million)
7.4.6 Classroom Assessment System
7.4.6.1 Overview
7.4.6.2 Classroom Assessment System Market Revenue and Forecast to 2027 (US$ Million)
7.4.7 Others
7.4.7.1 Overview
7.4.7.2 Others Market Revenue and Forecast to 2027 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services Market Revenue and Forecast to 2027 (US$ Million)
8. MEA EdTech and Smart Classroom Market Analysis – By Deployment Type
8.1 Overview
8.2 MEA EdTech and Smart Classroom Market Breakdown, by Deployment Type, 2019 & 2027
8.3 On-Premises
8.3.1 Overview
8.3.2 On-Premises Market Revenue and Forecast to 2027 (US$ Million)
8.4 Cloud
8.4.1 Overview
8.4.2 Cloud Market Revenue and Forecast to 2027 (US$ Million)
8.5 Hybrid
8.5.1 Overview
8.5.2 Hybrid Market Revenue and Forecast to 2027 (US$ Million)
9. MEA EdTech and Smart Classroom Market Analysis – By End-User
9.1 Overview
9.2 MEA EdTech and Smart Classroom Market Breakdown, by End-User, 2019 & 2027
9.3 upto K-12
9.3.1 Overview
9.3.2 upto K-12 Market Revenue and Forecast to 2027 (US$ Million)
9.4 Higher Education
9.4.1 Overview
9.4.2 Higher Education Market Revenue and Forecast to 2027 (US$ Million)
10. MEA EdTech and Smart Classroom Market – Country Analysis
10.1 Overview
10.1.1 MEA: EdTech and Smart Classroom Market, By Country
10.1.1.1 UAE: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 UAE: EdTech and Smart Classroom Market, By Component
10.1.1.1.1.1 UAE: EdTech and Smart Classroom Market, By Software
10.1.1.1.2 UAE: EdTech and Smart Classroom Market, By Deployment Type
10.1.1.1.3 UAE: EdTech and Smart Classroom Market, By End-User
10.1.1.2 Saudi Arabia: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 Saudi Arabia: EdTech and Smart Classroom Market, By Component
10.1.1.2.1.1 Saudi Arabia: EdTech and Smart Classroom Market, By Software
10.1.1.2.2 Saudi Arabia: EdTech and Smart Classroom Market, By Deployment Type
10.1.1.2.3 Saudi Arabia: EdTech and Smart Classroom Market, By End-User
10.1.1.3 South Africa: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 South Africa: EdTech and Smart Classroom Market, By Component
10.1.1.3.1.1 South Africa: EdTech and Smart Classroom Market, By Software
10.1.1.3.2 South Africa: EdTech and Smart Classroom Market, By Deployment Type
10.1.1.3.3 South Africa: EdTech and Smart Classroom Market, By End-User
10.1.1.4 Rest of MEA: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.4.1 Rest of MEA: EdTech and Smart Classroom Market, By Component
10.1.1.4.1.1 Rest of MEA: EdTech and Smart Classroom Market, By Software
10.1.1.4.2 Rest of MEA: EdTech and Smart Classroom Market, By Deployment Type
10.1.1.4.3 Rest of MEA: EdTech and Smart Classroom Market, By End-User
11. MEA EdTech and Smart Classroom Market- COVID-19 Impact Analysis
11.1 MEA
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
13. Company Profiles
13.1 Apple, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Blackboard Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Cisco Systems, Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 IBM Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Microsoft Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Oracle Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 SAP SE
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 SMART TECHNOLOGIES
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word IndexLIST OF TABLES
Table 1. MEA EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. UAE EdTech and Smart Classroom Market, By Component– Revenue and Forecast to 2027 (US$ Million)
Table 3. UAE EdTech and Smart Classroom Market, By Software– Revenue and Forecast to 2027 (US$ Million)
Table 4. UAE EdTech and Smart Classroom Market, By Deployment Type– Revenue and Forecast to 2027 (US$ Million)
Table 5. UAE EdTech and Smart Classroom Market, By End-User – Revenue and Forecast to 2027 (US$ Million)
Table 6. Saudi Arabia EdTech and Smart Classroom Market, By Component– Revenue and Forecast to 2027 (US$ Million)
Table 7. Saudi Arabia EdTech and Smart Classroom Market, By Software– Revenue and Forecast to 2027 (US$ Million)
Table 8. Saudi Arabia EdTech and Smart Classroom Market, By Deployment Type– Revenue and Forecast to 2027 (US$ Million)
Table 9. Saudi Arabia EdTech and Smart Classroom Market, By End-User – Revenue and Forecast to 2027 (US$ Million)
Table 10. South Africa EdTech and Smart Classroom Market, By Component– Revenue and Forecast to 2027 (US$ Million)
Table 11. South Africa EdTech and Smart Classroom Market, By Software– Revenue and Forecast to 2027 (US$ Million)
Table 12. South Africa EdTech and Smart Classroom Market, By Deployment Type– Revenue and Forecast to 2027 (US$ Million)
Table 13. South Africa EdTech and Smart Classroom Market, By End-User – Revenue and Forecast to 2027 (US$ Million)
Table 14. Rest of MEA EdTech and Smart Classroom Market, By Component– Revenue and Forecast to 2027 (US$ Million)
Table 15. Rest of MEA EdTech and Smart Classroom Market, By Software– Revenue and Forecast to 2027 (US$ Million)
Table 16. Rest of MEA EdTech and Smart Classroom Market, By Deployment Type– Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of MEA EdTech and Smart Classroom Market, By End-User – Revenue and Forecast to 2027 (US$ Million)
Table 18. List of AbbreviationLIST OF FIGURES
Figure 1. MEA EdTech and Smart Classroom Market Segmentation
Figure 2. MEA EdTech and Smart Classroom Market Segmentation – By Country
Figure 3. MEA EdTech and Smart Classroom Market Overview
Figure 4. Hardware Segment held the Largest Share of MEA EdTech and Smart Classroom Market
Figure 5. Cloud held the Largest Share of MEA EdTech and Smart Classroom Market
Figure 6. Upto K-12 held the Largest Share of MEA EdTech and Smart Classroom Market
Figure 7. Saudi Arabia to Show Great Traction During Forecast Period
Figure 8. MEA: PEST Analysis
Figure 9. MEA EdTech and Smart Classroom Market- Ecosystem
Figure 10. Expert Opinion
Figure 11. MEA EdTech and Smart Classroom Market Impact Analysis of Drivers and Restraints
Figure 12. MEA EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. MEA EdTech and Smart Classroom Market Breakdown, by Component, 2019 & 2027 (%)
Figure 14. MEA Hardware Market Revenue and Forecast to 2027(US$ Million)
Figure 15. MEA Software Market Revenue and Forecast to 2027 (US$ Million)
Figure 16. MEA Learning Management System Market Revenue and Forecast to 2027 (US$ Million)
Figure 17. MEA Student Information System Market Revenue and Forecast to 2027 (US$ Million)
Figure 18. MEA Classroom Management System Market Revenue and Forecast to 2027 (US$ Million)
Figure 19. MEA Classroom Assessment System Market Revenue and Forecast to 2027 (US$ Million)
Figure 20. MEA Others Market Revenue and Forecast to 2027 (US$ Million)
Figure 21. MEA Services Market Revenue and Forecast to 2027(US$ Million)
Figure 22. MEA EdTech and Smart Classroom Market Breakdown, by Deployment Type (2019 and 2027)
Figure 23. MEA On-Premises Market Revenue and Forecast to 2027(US$ Million)
Figure 24. MEA Cloud Market Revenue and Forecast to 2027(US$ Million)
Figure 25. MEA Hybrid Market Revenue and Forecast to 2027(US$ Million)
Figure 26. MEA EdTech and Smart Classroom Market Breakdown, by End-User (2019 and 2027)
Figure 27. MEA upto K-12 Market Revenue and Forecast to 2027(US$ Million)
Figure 28. MEA Higher Education Market Revenue and Forecast to 2027(US$ Million)
Figure 29. MEA: EdTech and Smart Classroom Market Revenue Share, By Country (2019 and 2027)
Figure 30. UAE: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Saudi Arabia: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. South Africa: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Rest of MEA: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in MEA Country MarketsSome of the leading companies are:
- Apple Inc.
- Blackboard Inc.
- Cisco Systems, Inc.
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- SMART Technologies
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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