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Digital education is a currently revolutionary method of imparting knowledge with the help of technology that can be accessed via online learning platforms. It provides high quality academic material through technology. The APAC Digital Education Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of APAC Digital Education market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.
According to MarkNtel Advisors’ research report titled “APAC Digital Education Market Analysis, 2020”, the APAC Digital Education market is anticipated to grow at a CAGR of around 16.2% during 2020-25. A rapid digitalization is witnessed in the education system of many developing countries in which South Korea, Australia, and China are among the early adopters of digitalized education. The rise in government scheme and initiatives to escalate the demand for digital education in the country is placing a significant impact on the market growth of the APAC Digital Education market.
For instance, The Australian Trade and Investment Commission (Austrade) partnered with social learning platform, FutureLearn.com to provide free online courses and help students stay ahead of the learning curve in 2020.
Along with this, Union Finance Minister of India launched ''PM eVIDYA'' programme for multi-mode access to digital education and permitted 100 universities to start online courses in 2020. The programme consists of ''Diksha'' involving e-content and QR coded energized textbooks for all grades and will be called as ''one nation, one digital platform.”
English Language Segment Registered the Fastest Growth
English language segment acquired the highest market share in the APAC Digital Education market in 2019 owing to the growing adoption of new teaching technologies rise in multiple partnerships and acquisitions among organizations. For instance, British Council partnered with Sri Sri academy to provide access to output-oriented English language course to people in Kolkata in 2020.
Moreover, rapid digitalization in the education sector is a prominent factor for the growth of English language learning in non-English spoken countries such as China, South Korea, and India. Thus, it is strongly contributing to the growth of APAC digital educational market in the coming years as stated in the MarkNtel Advisors’ research report “APAC Digital Education Market Analysis, 2020”.
According to MarkNtel Advisors’, the key players with a considerable market share in the APAC Digital Education market include Jigsaw Academy, Intellipaat, Edureka, Linkstreet, XuetangX, EDX, Tal Education, 3P Learning, Think & Learn, etc. To gain a competitive edge over the other market competitors, merger & acquisition, collaboration, launches are being done by these companies to acquire the majority market share in the market.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on APAC Digital Education Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of APAC Digital Education Market during 2020-25?
A. The growth rate of APAC Digital Education Market during 2020-25 is forecast to be around 16.2%.
Q. Who are the key competitors or players operating in APAC Digital Education Market?
A. Jigsaw Academy, Intellipaat. Edureka, Linkstreet, XuetangX, EDX, Tal Education, 3P Learning, Think & Learn, etc., are few of the leading players in the APAC Digital Education Market.
Q. Which Language sssegment would emerge as an opportunity area for players in APAC Digital Education Market?
A. English segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which country would emerge as an opportunity area for players in APAC Digital Education Market?
A. China grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of APAC Digital Education Market.
