Middle East & Africa Smart Education And Learning Market Size & Outlook
Middle East & Africa smart education and learning, 2016-2027 (US$M)
Related Markets
MEA smart education and learning highlights
- The MEA smart education and learning generated a revenue of USD 6,338.0 million in 2020.
- The market is expected to grow at a CAGR of 20% from 2021 to 2027.
- In terms of segment, service was the largest revenue generating component in 2020.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2020 | USD 6,338.0 million |
| Market revenue in 2027 | USD 22,751.5 million |
| Growth rate | 20% (CAGR from 2020 to 2027) |
| Largest segment | Service |
| Fastest growing segment | Service |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
| Key market players worldwide | Adobe Inc, Cisco Systems Inc, D2L Inc (Sub Voting), McGraw-Hill Education, Pearson PLC, Samsung Electronics Co Ltd, Blackboard, Ellucian, Foxconn Technology Co Ltd, SumTotal Systems, Educomp Solutions, MPS |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.9% of the global smart education and learning in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 187,149.9 million by 2027.
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Smart Education And Learning Scope
Smart Education And Learning Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa smart education and learning outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart education and learning will help companies and investors design strategic landscapes.
Service was the largest segment with a revenue share of 72.55% in 2020. Horizon Databook has segmented the Middle East & Africa smart education and learning based on hardware, software, service covering the revenue growth of each sub-segment from 2016 to 2027.
The smart education market in the MEA region i s anticipated to grow at a CAGR o f 21.7% over the forecast period due to the rising penetration of educational content in the market. Innovative technologies and growing spending for e-learning are the key factors driving the market demand over the projected period.
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Target buyers of Middle East & Africa smart education and learning databook
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Our clientele includes a mix of smart education and learning companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa smart education and learning, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa smart education and learning from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Middle East & Africa smart education and learning
Middle East & Africa Smart Education And Learning Share, 2020 & 2027 (US$M)
Middle East & Africa smart education and learning
Related regional statistics
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