Middle East & Africa Smart Education And Learning Market Size & Outlook
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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 |
|---|---|---|---|---|
| MPS | View profile | 1001-5000 | Noida, Uttar Pradesh, India, Asia | http://www.adi-mps.com/ |
| Educomp Solutions | View profile | 5001-10000 | Gurgaon, Haryana, India, Asia | http://www.educomp.com |
| SumTotal Systems | View profile | 1001-5000 | Gainesville, Florida, United States, North America | http://www.sumtotalsystems.com |
| Foxconn Technology Co Ltd | View profile | 46100 | No. 3-2 , Chung-Shan Road, Tucheng District, Taipei, Taiwan | https://www.foxconntech.com.tw |
| Ellucian | View profile | 5001-10000 | Fairfax, Virginia, United States, North America | http://www.ellucian.com/ |
| Pearson PLC | View profile | 17612 | 80 Strand, London, United Kingdom, WC2R 0RL | https://plc.pearson.com |
| McGraw-Hill Education | View profile | 1001-5000 | New York, New York, United States, North America | http://www.mheducation.com |
| Blackboard | View profile | 1001-5000 | Washington, District of Columbia, United States, North America | http://www.blackboard.com |
| D2L Inc (Sub Voting) | View profile | 1000 | 137 Glasgow Street, Suite 560, Kitchener, ON, Canada, N2G 4X8 | https://www.d2l.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Adobe Inc | View profile | 29945 | 345 Park Avenue, San Jose, CA, United States, 95110-2704 | https://www.adobe.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
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 Share, 2020 & 2027 (US$M)
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