A recent research report published by MarkNtel Advisors cites that the Asia-Pacific Digital Education Market would register around 16.20% CAGR during 2022-27, owing primarily to the rising prevalence of mobile phones, tablets, & high-speed internet services across Asia-Pacific. It, in turn, is portraying a swiftly escalating number of learners adopting digital education platforms due to their benefits like the availability of an extensive range of courses, cost & time effectiveness, learning from the comfort of homes, and no pressure or distractions, among others.
Furthermore, various institutions & universities across Asia-Pacific are undergoing digitalization to offer these benefits of online education to both students & teachers. It, in turn, is leading to the increasing procurement of e-learning tools across the region, with a wide range of courses in both self-learning & instructor-based solutions. Hence, these aspects project a pool of profitable prospects for the overall market growth through 2027, further states the research report, “Asia-Pacific Digital Education Market Analysis, 2022.”
With Classroom-Like Learning Atmosphere, Instructor-Based Digital Education Systems to Witness Notable Growth in the Market
More and more learners are increasingly adopting instructor-based e-learning solutions since they provide the easy availability of numerous courses & explanations of concepts by instructors and offer a physical classroom-like environment to students. As a result, the rising popularity of these solutions is encouraging the leading market players to introduce new tools in order to enable teachers to provide a better demonstration of subjects & deliver an overall enhanced learning experience to students. Hence, the demand for instructor-based digital education platforms is expected to grow at a significant pace across Asia-Pacific, which, in turn, would augment the overall market growth through 2027.
With Favorable Government Policies for Implementing E-Learning Solutions, China & India to Dominate the Market
India & China have the highest student population across Asia-Pacific. Governments of both countries are increasingly focusing on enhancing their respective educational sectors through favorable norms for e-learning solution providers to develop more advanced online education tools and add new programs to extend course options for students. Furthermore, the increasing adoption of smartphones, tablets, laptops, etc., and the skyrocketing penetration of high-speed internet are leading to more and more learners inclining toward digital education solutions.
As a result, a majority of schools, colleges, & other such institutions in India & China are actively implementing online education solutions to make the overall learning process more engaging & a fun experience for students and, in turn, propelling the overall growth of the Asia-Pacific Digital Education Market.
The leading players in the Asia-Pacific Digital Education Market are Jigsaw Academy, Intellipaat, Edureka, Linkstreet, XuetangX, EDX, Tal Education, 3P Learning, and Think & Learn.
Key Questions Answered in the Research Report