Growth in higher education sectors and the surge in content digitalization is expected to drive the demand for Vietnam eLearning market for the forecast period.
According to TechSci Research report, “Vietnam eLearning Market By Component (Hardware, Software, Services), By Hardware (Interactive Displays, Interactive Whiteboards, Others), By Software (Integrated, Standalone), By Services (Professional, Managed), By Learning Type (Synchronous, Asynchronous), By End User (Enterprises, Academics), By Content Type (Audio Based, Text Based, Video Based), By Region, Competition Forecast & Opportunities, 2026”, the Vietnam eLearning market is expected to witness a growth of steady CAGR for the forecast period, 2022-2026. The growing digital transformation in the training and education sector is majorly influencing the market demand. The rise in the number of schools and other educational institutions and the shortage of skilled teaching professionals is driving the demand of Vietnam eLearning market for the next five years.
The surge in the efforts made by the leading authorities to make Vietnam an ICT driven country and the focus of the ICT vertical to develop IT services, cloud computing, computer hardware, telecommunication sector, and digital content to boost the economic status of the country is expected to create lucrative opportunities for they Vietnam eLearning market growth. Development of the digital content includes providing content for internet services and mobile networks, online entertainment, E-libraries, E-commerce, digital newspapers, among others. The growing interest of the foreign players to make investments in the Vietnam eLearning platform is expected to improve the quality and enhance the quality is expected to bolster the services of the eLearning platforms.
The improvement of the economic conditions in the country is increasing the purchasing capacity of the consumers and upgrading the existing industries along with the electronics industry is expected to contribute to the Vietnam eLearning market growth for the next five years. The growing adoption of smart classes for teaching purposes and the availability of E-books in schools and MOOC and smart authoring tools in corporate training and test preparation is expected to create huge potential for the Vietnam eLearning market growth. Enterprises are making available the eLearning courses for their employees to boost the skills required to do the work efficiently.
However, inconsistencies in the regulations to enter the Vietnam eLearning market may restrain the growth for the forecast period.
Browse XX Figures spread through 70 Pages and an in-depth TOC on “Vietnam eLearning Market”.
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Vietnam eLearning market is segmented into component, learning type, end user, content type, regional distribution, and company. Based on content type, the market is divided into audio based, text based, and video based. The video-based content is expected to dominate the Vietnam eLearning market for the forecast period, 2022-2026. The rise in the demand for interactive learning experiences for better understanding is encouraging the market players to make high-quality engaging content in videos.
Pearson Plc., McGrawHill Education Inc., SAP SE, Samsung Electronics, Panasonic Corporation, Apple, Inc., Google LLC, Adobe Inc., Workday Inc, IBM Corporation, Oracle Corporation, Cisco Systems, Inc., LG Electronics Inc, Hitachi Limited, Smart Technologies, Inc. are the leading players operating in Vietnam eLearning market. Service providers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several eLearning service providers are coming up with their technologically advanced offerings.
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“High-end investments by the market players to use advanced technology such as augmented reality, virtual reality, gamification, and the advancement of the IT sector are contributing to market growth. COVID-19 pandemic has boosted the adoption of digital learning platforms across the country as the restrictions imposed by the government to visit the educational institutions physically have created a strong base for the Vietnam e-Learning market growth. The government is promoting the adoption of advanced technologies such as the internet of things, artificial intelligence, big data, 5G, 4G LTE, which is expected to enhance the quality of content provided in the eLearning platforms is expected to propel the Vietnam eLearning market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Vietnam eLearning Market By Component (Hardware, Software, Services), By Hardware (Interactive Displays, Interactive Whiteboards, Others), By Software (Integrated, Standalone), By Services (Professional, Managed), By Learning Type (Synchronous, Asynchronous), By End User (Enterprises, Academics), By Content Type (Audio Based, Text Based, Video Based), By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Vietnam eLearning market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of Vietnam eLearning market.
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