Today's Edition
MAYS IBRAHIM (ABU DHABI)
The UAE EdTech market is poised for robust expansion, with projections indicating a Compound Annual Growth Rate (CAGR) of 6% from 2024 to 2030, according to a report by MarkNtel Advisors, a consulting, data analytics, and market research firm.
It noted that this surge is underpinned by a steadfast commitment to incorporate technology into education, as evidenced by the emergence of innovative solutions and favourable government policies.
Technological Innovations Revolutionising LearningAmong the pioneering advancements reshaping education in the UAE is the introduction of 3D interactive virtual simulations, according to the report.
This technology offers students immersive experiences in various subjects, particularly science, in addition to providing educators with the needed tools to enrich their teaching methodologies.
Government Support In the aftermath of the COVID-19 pandemic, UAE authorities became more open to privatisation and foreign ownership within the education sector, creating avenues for collaboration between EdTech companies and educational institutions, the report stated.
It indicated that this shift contributed to accelerating the adoption of digital learning technologies across the nation: “The UAE’s growing student population, coupled with government initiatives aimed at developing a knowledge-based economy, further strengthens the shares of the EdTech Market in the UAE.”
The report stated: “As the country continues to prioritise education and invest in educational infrastructure, there is a pressing need for advanced technological solutions to meet the evolving demands of modern education. Hence, this continuous expansion and the heightened deployment of educational technologies across the regional education centres would enhance the market size in the future years.”
Driving Forces Behind GrowthThe report also revealed that the escalating demand for quality education serves as a primary driver propelling the UAE EdTech market forward. With widespread smartphone usage and Internet connectivity, technology-enabled learning experiences are becoming increasingly accessible, aiding in the delivery of personalised and effective lessons.
It noted that proactive government initiatives, such as the “National Strategy for Higher Education 2030”, underscore the importance of equipping students with 21st-century skills, enabling them to meet the demands of the shifting employment landscape.
“By embracing this evolution, the country is not only ready to prepare students for the future but also ensure that its workforce remains competitive in an increasingly digital world. Thus, the EdTech sector in the UAE holds significant potential for growth and innovation, playing a pivotal role in driving the nation’s transition towards a more dynamic and technologically advanced economy.”
Opportunities in AI EducationThe UAE’s commitment to advancing education through artificial intelligence (AI) presents lucrative prospects for the EdTech industry, according to the report.
It noted that AI is transforming education by customising instruction for each student and providing personalised learning experiences. It also assists in grading assignments and offering feedback, leading to the development of adaptive learning platforms.
“This investment reflects an approach to leveraging technology for an enhanced and personalised educational experience.”
With a convergence of innovative solutions, government support, and a commitment to personalised learning, the UAE EdTech market is primed for sustained growth in the coming years.
