Page 171 - INTEGRATE MIDDLE EAST - FEBRUARY to MAY 2023
P. 171

EdTech and ‘smart classrooms’ has been expanding with an increase in demand for e-
             learning solutions and connected device usage in educational settings.


             The global EdTech market is projected to reach $333.327bn in the next four years,

             according to the ‘EdTech & Smart Classroom Market Intelligence Report – Global Forecast
             to 2027’ released by MarketResearch.com. Factors driving this include an increasing

             number of schools choosing digital educational tools and resources over physical ones, as
             they improve student outcomes and enable more personalised learning, according to market
             intelligence provider ISC Research.



             Investors globally are recognising the potential of this market in the Middle East and Africa
             and by 2027, it is anticipated that in the MENA, the sector will be worth AED 26bn ($7bn).

             Regionwide, Egypt currently has the largest share in growing EdTech ecosystems, with
             1,500 Edtech companies, followed by the UAE and KSA.


             Furthermore, the region is home to a budding start-up ecosystem that has been developing

             specific EdTech solutions that use innovative technological advancements like blockchain,
             augmented reality (AR), virtual reality (VR), artificial intelligence (AI), and robotics. The

             maturity of the UAE’s education industry will further support the implementation of
             digitalisation in higher education, as the country’s government has been making tremendous

             efforts to promote technology in schools, with numerous initiatives in place that foster a
             future-focused learning ecosystem that is one of the fastest growing regionally.


             To support the EdTech community and promote its integration into the larger entertainment

             business as well as a number of other vertical markets, Integrate Middle East will establish a
             special focus on the field of Pro AV systems. The full spectrum of AV technology providers,

             including digital signage, displays, and solutions, are all available for visitors to explore. With
             the Integrate Middle East Summit addressing important subject areas and advancing the

             future of education, visitors can further get insightful information from industry specialists.


             Further evolution in the education space, combining education and entertainment –
             edutainment – is gaining popularity as a significant tool that is driving learner engagement.

             Gamification, real-time simulation, as well as AR and VR technologies, have been
             incorporated to make learning enjoyable and interesting. These innovative

             solutions leverage media, games, toys, and experiences and produce better educational
             outcomes as well as help in student retention.




             https://www.broadcastprome.com/news/integrate-me-to-discuss-impact-of-latest-technologies-on-edtech-
             sector/
   166   167   168   169   170   171   172   173   174   175   176