ASEAN Smart Education and Learning Market

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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

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• 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.

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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

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Figure .1 Market Share
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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

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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

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Figure .2 Market Opportunities
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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.

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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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