The APAC education market is expected to grow at a CAGR of 6.6% during the forecast period of 2018-2023. Online education is the fastest growing market and is expected to hold largest market share in near future.
What is Education?
Education is a gradual process which brings positive changes in the human life and behavior. It is a process of acquiring knowledge through study or imparting the knowledge by way of instructions or some other practical procedure.
Market Research and Market Trends in education market
- As the education system in APAC becomes more efficient and learner-friendly, there has been an increase in the number of virtual schools. Full-time virtual schools bring students and teachers from various regions onto a single platform and enhance the learning experience through audio, video, and interactive, real-time sessions. As virtual classrooms and smart education software go hand-in-hand, this trend has contributed a great deal to the growth of the smart education industry.
- Mobile-learning platform has simplified the learning environment as it provides users with real-time access to educational content, anywhere and at any time whenever needed. The primary components of smart classroom content and software are also available on the m-learning platform.
- Universities are introducing IOT software and devices across campuses, which will provide insights into campus operations. With these operations the universities will be able to know about the student day-to-day activities and the usage of libraries and operation of lecture theatres.
- Gamification in education is the mostly been preferred learning process in APAC region. This learning process increases student engagement for a wide variety of learning styles. Video game elements like immediate feedback and rewards are contributing to the successful grasp of concepts.
Who are the Major Players in education market?
The companies referred in the market research report includes Bulletinboard, Harukaedu, Kelasa, Toppr, Vedantu, chains of schools and colleges, universities and many other private institutions.
What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.
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Key Takeaways from this Report
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