openPR Logo
Press release

Vietnam E-learning Market is expected to reach around USD 3.0 billion by the year ending 2023: According to a market research report by Ken Research

11-07-2019 10:01 AM CET | Science & Education

Press release from: Ken Research

Vietnam E-learning Market is expected to reach around USD 3.0

• The positive growth indicators such as GDP worth USD 244.9 billion and GDP per Capita worth USD 2,389 along with increase in total number of E-learning service providers in the market are collectively indicating a positive future outlook for the Vietnam E-learning market.

• The increase in the total number of schools establishments and the lack of teaching strength has triggered the market for E-learning in Vietnam. As per the general stats office of Vietnam, the total number of high schools within Vietnam was evaluated at 2,834 as of 2018. They are further expected to increase up to 2,864 by the year ending 2023.

• Vietnam’s ICT market is expected to continue its growth between 2018 and 2020, due to the government’s desire to turn Vietnam into an ICT empowered country. The ICT venture focuses on many arenas of the Vietnam market such as computer hardware, tele-communication, cloud computing, IT services and most importantly digital content. The key areas of this sector include providing content for mobile networks and for the internet, online games, online entertainment, E-commerce, E-libraries, digital television and electronic newspapers.

• The increase in the total number of foreign players entering the Vietnam E-learning market will provide opportunities to look for more technological advancements and betterment in the quality of content.

Development of the Vietnam’s Economic Outlook leading to a Technological Advancement: Vietnam has one of the strongest economic outlooks in Asia and the Pacific, and this corresponds to a bright outlook for the technological advancement. Economic development which includes purchasing power growth of households, modernization of existing industries, and growth of more technologically intensive verticals such as electronics manufacturing and outsourcing will provide broad support to IT market growth. With all these factors coming together, the E-learning market of Vietnam will be open to more technologically advanced teaching methods such as augmented reality, gamification and virtual reality over long term.

Increase in Internet Penetration in the Country: Rapid urbanization of Vietnamese population has resulted in greatly modernized cities within the country along with extensive communication infrastructure. In accordance with the Statista database, internet penetration in Vietnam is further expected to go up to 75.0% by the year ending 2023 thus, depicting a greater number of internet users along with advanced communication infrastructure in the future. 75.0% of the population having internet implies that it will broaden the scope of E-learning market to penetrate through Vietnam in future.

Changing Preferences of the People: The people of Vietnam will embrace the idea of going digital in the near future as the smart phone penetration rate in Vietnam is also estimated to increase to 48.0% by 2023 (Source: Statista Database) which is close to half the population of Vietnam. Increased affordability of people for smart phones will benefit the E-learning market to further penetrate within Vietnam. The service providers will not have to worry about providing technology with latest updates rather they will be able to focus on the quality of content.

Analysts at Ken Research in their latest publication “Vietnam E-Learning Market Outlook to 2023 – Driven by Rising Adoption of Smartclasses, E-books in Schools and MOOCs and Smart Authoring Tools in Corporate Training and Test Preparation Segment” believe that Vietnam E-learning industry is projected to register a positive CAGR of 20.2% during the forecast period 2019-2023. Increasing number of internet users, rising government efforts to grow E-learning in Vietnam, adoption of modern technology by the learners, and the growing use of learning management systems by the corporate sector to integrate their process are expected to drive Vietnam E-learning industry in the future.

For more information on the market research report please refer to the link below:
https://www.kenresearch.com/education-and-recruitment/education/vietnam-e-learning-market-outlook/248568-99.html

Key Segments Covered:

• By Type of Content and Technology
• By Type of Offering
 LMS
 Smart Class
 Packaged Content
 Smart Authoring Tool
 Digitized Services
 By Type of LMS
 Self-Hosted
 Firm-Hosted
 By Smart Class Market
 Online Class Session
 Online Live Session
 By Packaged Content Market
 Custom-made Courses
 Standard Courses
 By Smart Authoring Tools Market
 Content Editing Tools
 Gamification
 Simulation
• By the Method of Viewing Content
 Mobile
 PC (Browser)
 PC (Firm Browser)
• By Type of End Users
 Schools
 Universities
 Corporates
 Others (Vocational Courses)

• Time Period Captured in the Report:
 Historical Period– 2013-2018
 Forecast Period– 2019-2023

Key Target Audience
• Schools (K-12)
• Ed Tech Companies
• Universities
• LMS providers
• Vocational Education Institutes
• Test Prep Tutoring Companies
• Education Ministry

• Companies Covered
 Egroup
 Yola
 ProSeeds
 Hocmai
 Kyna
 MVV Academy
 Topica Ed-Tech Group
 Pharos Smart Education
 Others (Rockit Online, Rabiti, Edubit, Dodaihoc, SchoolBus, Edumall)

Key Segments Covered in the Report
• Vietnam E-Learning Market Overview and Genesis
• Vietnam E-Learning Market Value Chain Analysis
• Vietnam E-Learning Market Size by Revenue, 2013-2018
• Vietnam E-Learning Market Segmentation, 2013-2018
• Trends and Developments in Vietnam E-Learning Market
• Issues and Challenges in Vietnam E-Learning Market
• Regulatory Framework in Vietnam E-Learning Market
• Decision Making Process in Vietnam E-Learning Market
• SWOT Analysis for Vietnam E-learning Market
• Comparative Landscape in the Vietnam E-Learning Market
• Company Content and Technology Development Pricing in Vietnam E-Learning Market (Pro Seeds E-learning Solutions)
• Vietnam E-learning Market Future Outlook and Projections 2018-2023E
• Analyst Recommendations for Vietnam E-Learning Market

Other Related Reports:
https://www.kenresearch.com/education-and-recruitment/education/philippines-elearning-market/203092-99.html

The report provides a comprehensive analysis on the E-Learning market of Philippines. The report covers various aspects including introduction on Philippines E-Learning market, Market Overview and Genesis, Market Ecosystem, Heat map, trends and developments, issues and challenges, SWOT analysis, competitive landscape, and government regulations. The report concludes with future market segmentation and analyst recommendations highlighting the major opportunities and cautions.
Philippines E-learning market is at the nascent stage. Philippines E-Learning market in terms of revenue has increased at a positive double digit CAGR during the period 2013-2018. The market is gradually growing owing to government initiatives, rising internet penetration in the country coupled with the fact that more high schools are opting for e-learning courses and students adapting newer techniques for learning such as videos, animations, gamification and open courseware. The customers in the market are highly price sensitive as there are many players present in the market.

Penetration in Philippines E-Learning market is low due to lack of trained teachers and reluctance towards diverting from traditional methods of teaching. E-Learning services are used by both higher education institutions and MNCs in the country, with schools dominating the demand for such services. The students opting for e-learning services mainly use the open courseware and multimedia content while the MNCs, mostly BPO’s, largely uses LMS services for providing training to their employees.

https://www.kenresearch.ae/education-and-recruitment/education/south-africa-elearning-market/195626-99.html

The report provides a comprehensive analysis on the E-Learning market of South Africa. The report covers various aspects including introduction on South Africa E-Learning market, pricing analysis, Market Overview and Genesis, Heat map, trends and developments, issues and challenges, SWOT analysis, competitive landscape and government regulations. The report concludes with future market projection and analyst recommendations highlighting the major opportunities and cautions.

South Africa E-learning market is at the nascent stage. South Africa E-Learning industry revenue has increased at a positive double digit CAGR during the period 2013-2018. The market is gradually increasing with more number of schools opting for e-learning courses and students adapting newer techniques for learning such as videos, animations and open courseware. The customers in the market are highly price sensitive as there are many players present in the market.
The South Africa E-Learning market has low penetration rate due to lack of trained teachers and low internet penetration in the country. E-Learning services are used by both higher education institutions and MNCs operating in the country. The students opting for e-learning services largely use the open courseware and educational videos, whereas the MNCs majorly prefer LMS services for providing training to their employees

https://www.kenresearch.com/education-and-recruitment/education/saudi-arabia-online-education-market/142998-99.html

The report provides a comprehensive analysis of online education market in KSA. The report provides information on e-learning market introduction, market size by revenue, market segments by content services including Multimedia, Open Courseware, Online Tests and Assessment in Video, Audio and Text Form) and by technology services including Learning Management System, Smart Classes, Smart Authoring Tools. The report also provides online education technology and content programs for K-12 schools/ students, Higher Education universities and students, Corporate and Government Bodies and Others. The report covers trends, challenges, business model and competitive landscape of major players along with future outlook and analyst recommendation.
The stakeholders of this report include education institutes, schools, universities, training centers, companies involved in research, corporate professionals, teachers and students in KSA and the new entrants and venture capitalists who wish to invest in online education industry in future.

https://www.kenresearch.ae/education-and-recruitment/education/malaysia-e-learning-market-outlook/239908-99.html

The report provides E-learning market overview covering ecosystem, market overview and genesis, value chain, market size, market segmentations, trends and developments, issues and challenges, regulatory framework, decision making process, SWOT analysis, competitive scenario, service matrix, company profiles of major players such as Appstronic, Deskera and others. The report concludes by cover the future industry revenue and segmentation and giving recommendations regarding the Market.

Malaysia E-Learning Market is in its nascent stage, growing at a CAGR of 16.4%. Malaysia is rich in terms of resources to develop E-Learning content, but outsource the requirements to develop E-Learning technology overseas. The end users are price sensitive and prefer to choose custom features within the LMS and develop custom content that it delivers more value over time. Malaysia is gradually accepting global E-Learning trends such as Gamification, AR, VR and MOOC’s. Malaysia MOOC’s was established to provide MOOC’s compliant with the Malaysian Education Standard and to help higher education students in specific subjects. It currently offers 92 courses, and has 391,845 students. The political scenario in Malaysia witnessed a major change when the ruling Party in Malaysia changed in 2018, after 61 years, to Pakapan Harapan, which promises to take efforts into improving the Quality of MOOC’s in Malaysia, in the coming years

https://www.kenresearch.com/education-and-recruitment/education/turkey-e-learning-technology-and-content-market/248567-99.html

The report provides a comprehensive analysis on the E-Learning market of Turkey. The report covers various aspects including introduction on Turkey E-Learning market, market overview and genesis, market size by revenue , market segmentation by content services and technology services, by type of content (open courseware, multimedia, online tests, others such as uploading existing content), by the type of content format (video, audio and text), by the source of learning (MOOC’s, E-books, M-learning and Gamification) and by the type of technology (LMS, smart classes, smart authoring tools), by type of end users (schools, universities, Corporates and others), E-learning market ecosystem, heat map, trends and developments, issues and challenges, SWOT analysis, competitive landscape and government regulations. The report concludes with future market projections and segmentations and analyst recommendations highlighting the major opportunities and cautions.
The E-Learning Market in Turkey grew at a positive double digit CAGR between 2013 and 2018. The E-learning market of Turkey is in its nascent phase and is moving towards growth that is boosted by increased internet penetration, increased number of smartphone users and various initiatives undertaken by the Government of Turkey such as FATIH Initiative. The market includes companies providing both technology and content services. The industry is slowly implementing technologies such as AR and VR. The increase in the internet penetration to 65.0% of the total population along with increase in the number of smart phone users to 46.5 million in the year 2018 has given a boost to market revenues. 

Contact Us:
Ankur Gupta, Head Marketing
Ken Research Private Limited
Ankur@kenresearch.com
+91-9015378249

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. We provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vietnam E-learning Market is expected to reach around USD 3.0 billion by the year ending 2023: According to a market research report by Ken Research here

News-ID: 1862852 • Views: 128

More Releases from Ken Research

Introduction of Government Policy such as Scrappage Programme coupled with risin …
The stabilization of US-China Trade Relation will positively impact the Taiwan Used Vehicle Market as there will be ease of import and export of used vehicle in the market leading to adequate demand and supply. Vehicles under the age bracket of 2-4 years will account highest market share in terms of sales volume during the period 2018-2025F due to the faster replacement period of a vehicle which is expected to reach
South Korea Cold Chain Market Revenue is expected to grow at a forecasted CAGR o …
• Modern retail businesses, such as hypermarkets, grocery supermarkets, convenience stores and online retailing has rapidly grown over the years driving the demand for cold storage and cold transportation. • The active participation by the pharmaceutical sector due to the growing middle class and the aging population in the country is expected to augment the
India Self Drive Car Rental Market is Expected to reach around INR 2,600 Crore i …
Key Findings: • The market is expected to increase in the future, thus growing at a positive CAGR of 14.6%, due to increased level of investments and strategic partnerships of the players with other service providers. • Entry of new players including OLA Co. and other startups is further expected to stimulate growth in revenues of self drive car rental industry while simultaneously increasing the competition. • Rising income will also play a significant role,
Australia Car Leasing Fleets is Expected to Reach around 425K units by 2023: Ken …
• Total number of small and medium enterprises in Australia is expected to positively grow thus, registering a CAGR of close to 2.8% during the forecast period 2019-2023. The gross value added by the mining industry in Australia is expected to grow at a CAGR of 3.9%, stimulated by the expected continuation of the mining boom during the period. This would be facilitated by a proportionate rise in the corporate demand

All 5 Releases


More Releases for Vietnam

Vietnam automobile lubricant market beckons
With automotive lubricant demand rising from 2.6 million liters (in 2015) to 4.1 million liters (in 2021), global and regional manufacturers are taking notice of the Vietnam market. How can brands win in this market? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights on key trends in the Lube Report Asia magazine. With many players competing in the Southeast Asia market for motorcycle lubricants, leaders will
Agrochemicals Market in Vietnam
ReportsWorldwide has announced the addition of a new report title Vietnam: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Vietnam: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
Environmental disaster in Vietnam
In Vietnam occurred the biggest environmental disaster since the deployment of Agent Orange by the Americans during the Vietnam War. It happened almost unnoticed by the world while Europe was busy with the refugee crisis and America with the forthcoming presidential elections of the USA. The perpetrators of the environmental disaster come from abroad and are supported by the Vietnamese politicians, similar as it was happen at the Vietnam War. "
Tourists killed in Vietnam
Vietnam belongs for tourists to the most popular and safest travel destinations in the world, as long as one can believe officially widespread reports. However, this information may not been longer current since a long time. More and more tourists in Vietnam were killed at criminal offenses as well by tragic accidents. These accidents occur mostly due to insufficient checking for compliance with statutory safety regulations by the Vietnamese authorities.
Booming Tourism Sector in Vietnam
RNCOS has recently added a new Market Research Report titled, “Booming Tourism Sector in Vietnam” to its report gallery. Vietnam has become one of the most popular tourist destinations in the South-east region. The country’s tourism industry has been growing unprecedentedly over the past few years with rising domestic as well as international tourists. The travel & tourism industry accounted for 10% of the GDP in the Vietnamese economy during
35 Years Service in Vietnam
Vietnam’s leading mutual marine insurer, the West of England, in conjunction with VINARE, held a conference for an unprecedented gathering of 130 senior members of the country’s shipping and insurance industries to celebrate its 35th anniversary of providing services to Vietnam’s shipowners last month in Nha Trang. The event featured updates on market conditions and industry developments by several members of the West of England’s management and by leading members of