Smart Education and Learning Market: Up-To-Date Analyses Of Market Trends And Technological Improvements

The ASEAN smart education learning market is extremely fragmented on account of a large number of educational institutions offering very similar education. It is therefore not surprising the competition level runs high in the Asians modification and learning market. With increasing efforts and initiatives taken by governments across Asia to strengthen the online education and smart education facilities, there has been a rise in the number of players entering the market in the past few years.

Governments are also offering grants and developmental policies which are encouraging new players to enter the market. Transparency Market Research (TMR) states in its new report on this market that in order for companies to make the most of the growing opportunities in smart education and learning market, it will be important to strive for product differentiation.

Browse report details https://www.transparencymarketresearch.com/asean-smart-education-learning-market.html

According to TMR, the ASEAN smart education and learning market will rise to US$88.97 mn by 2020 and expand at a whopping 19.7% CAGR from 2016 to 2020. On the basis of geography, the Malaysian market will emerge as the leading contributor to the revenue of smart education and learning market. The high penetration of smartphones and highly developed state of the Information and Communication Technology (ICT) will fuel the growth of the Malaysia Market for smart education.

Increasing initiatives taken by the government to promote the use of technology and education has boosted the use of desktops and Smartphones for delivering smart education to learners. Apart from Malaysia, Indonesia is also expected to emerge as a promising market for smart education and learning. The two countries combined, will exhibit a CAGR of 20.3% between 2016 and 2020. On the basis of the delivery model, the desktop/mobile based solution is anticipated to lead.

Increasing Affordability of Smartphones and Easy Accessibility to High-Speed Internet Driving ASEAN Smart Education and Learning Market

According to the report, the growing use of Smartphones and high-speed Internet will be the two important factors which will drive the ASEAN smart education learning market. The affordability of Smartphones and easy accessibility has increased the use of mobiles in the education sector in the past few years. Malaysia, Singapore, Thailand have strong Information and Communication Technology infrastructure.

Get an exclusive brochure of this report https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16106

This is also driving the use of technology for education purposes in ASEAN market. Implementation of projects integrating smart education and learning solutions and integration of ICT in schools is growing at an exponential pace. Educational institutions are making learning an interactive and technology-oriented process by introducing smartphones, digital whiteboards, tablets, smart boards, and virtual reality in classrooms.

The launch of ASEAN Economic Community (AEC) will fuel the demand for English language learning among the member countries of ASEAN which has resulted in English being the official language of (AEC). In addition to this, renowned foreign institutions have opened massive open online courses (MOOCs) which have propelled the demand for online courses in Asia and this will drive the growth of smart education and learning solutions market.

Use of State Of Art Technology and Tools Making Smart Education Unaffordable For Small-Scale Learning Centers and Institutions

The deployment of hardware, software, and tools is essential to start a smart learning facility and that requires high initial investment. Many of the tools involve state-of-the-art technology which means they are expensive and unaffordable for a large number of end users such as small learning centers and small-scale institutions. The high cost of smart education and learning tools will thus act as a challenge.

Request For Custom Research https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=16106

Another factor which is expected to restrict the growth of this market is the availability of a large number of online courses and options to choose from. This creates a lot of confusion among students who become indecisive about the right selection of the course as well as the platform. On a positive note, however, virtual reality classrooms will fuel the growth opportunities within the market. Cloud computing, as well as real-time analytics in smart education, will also create significant growth opportunities.

This review of the market is based on a recent market research report published by TMR, titled “Smart Education and Learning Market (Delivery Model - Classroom-based, Desktop/Mobile-based, and Simulation-based, End User - Higher Education, Transnational Education, TVET, Early Childcare & Pre-School, Language Training, Continual Professional Development, and Qualifications, Assessment & Standards) - ASEAN Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2020.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.