ASEAN Smart Education and Learning Market

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2. ASEAN SMART EDUCATION AND LEARNING MARKET ANALYSIS ASEAN Smart Education and Learning Market, By Delivery  Model (Classroom-Based, Desktop/ Mobile-Based and Simulation-Based), By End-use (Higher Education, Transnational Education, Technical Vocation & Technical, Education (TVET), Language Training (English),Early Childcare & Pre-School, Continual Professional Development, Qualifications, and Assessment & Standards),  and by Country Malaysia, Indonesia, Philippines, Vietnam, Singapore, Thailand and Rest of ASEAN(Cambodia, Laos, Burma & Brunei)) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

3. Market Overview The ASEAN smart education and learning market was valued for US$ 73,787.2 Mn in 2019 is expected to exhibit a CAGR of 21.7% during the forecast period.

4. Market Dynamics- Drivers • Proactive initiatives by governments for literacy development is expected to drive growth of the ASEAN Smart Education and Learning market during the forecast period • Launch of ASEAN Economic Community (AEC) is expected to propel the ASEAN Smart Education and Learning market growth over the forecast period • Rising adoption of smartphones is expected to drive the ASEAN Smart Education and Learning market growth over the forecast period

5. Figure .1 Market Share

6. Market Dynamics- Restraints • Lack of awareness regarding benefits of smart education and learning is expected to restrain growth of the ASEAN Smart Education and Learning market during the forecast period • High initial investment for hardware and smart tools is expected to hinder the ASEAN Smart Education and Learning market growth over the forecast period

7. Market Opportunities • Advent of virtual reality (VR) classroom is expected to present lucrative growth opportunities in the near future • Provision of cloud-based education solutions can offer major business opportunities

8. Figure .2 Market Opportunities

9. Market Trends • Availability of desktop/mobile-based open online courses • Demand for classroom-based and online English learning • Regulations • In July 2014, Microsoft Corporation and Intel Corporation in collaboration with the Myanmar government announced the initiative to develop a national electronic education in the country in order to help improve computer literacy.

10. Competitive Section Key players operating in the ASEAN Smart Education and Learning market are Adobe Systems Incorporated, Unit4 N.V., Blackboard Inc., Extramarks Education Pvt. Ltd., Educomp Solutions Ltd., Saba Software, Inc., Scholastic Corporation, NIIT Ltd., Cisco Systems Inc., and Smart Technologies, Inc.

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