Vietnam eLearning Market to Dominated by Enterprises Segment till 2026
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.
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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 eLearning 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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