Market revenue in 2023 | USD 220,394.9 million |
Market revenue in 2030 | USD 519,446.4 million |
Growth rate | 13% (CAGR from 2023 to 2030) |
Largest segment | High school (9-12) |
Fastest growing segment | Middle School (6-8) |
Historical data covered | 2017 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Elementary School (K-5), Middle School (6-8), High School (9-12) |
High school (9-12) was the largest segment with a revenue share of 50.56% in 2023. Horizon Databook has segmented the Middle East & Africa k-12 education market based on elementary school (k-5), middle school (6-8), high school (9-12) covering the revenue growth of each sub-segment from 2017 to 2030.
The K-12 education market in the Middle East & Africa (MEA) region is anticipated to thrive over the forecast period. Governments of the GCC union are taking initiatives such as mandating students to purchase laptops or desktops, in an attempt to emerge as the prominent educational hubs globally.
The regional population has rapidly embraced EdTech tools, while it also highlights the disparity in the adoption of these tools between privileged and economically backward countries having limited access to some of the latest technologies.
To overcome this, regional entrepreneurs are focusing on transforming education by integrating technology into their solutions to make them relevant, accessible, and digital for the younger generation of learners.
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