The ASEAN smart education and learning market comprises digital learning content, software, hardware and services. Digital learning allows interactive content to be delivered through PCs, laptops, tablets, and smartphones. Students can access valuable learning resources, courses, videos and other e-contents anytime and anywhere that helps improve their understanding and performance. The utilization of technologies like artificial intelligence, augmented reality and virtual reality is further enhancing the digital learning experience. Smart learning solutions are offering cost-effective, scalable and personalized education to students in Southeast Asian countries.
The Global ASEAN Smart Education and Learning Market is estimated to be valued at US$ 354.64 Mn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the ASEAN smart education and learning market are Ethicon (Johnson & Johnson), Medtronic, Intuitive Surgical, Olympus Corporation, Karl Storz, Teleflex Incorporated, Accuray Incorporated, AngioDynamics, CONMED Corporation, Trovagene, Varian Medical Systems, Medrobotics Corporation, Siemens Healthineers, Atricure, Inc., Novadaq Technologies Inc. The growing adoption of digital learning methods among students and institutions in ASEAN countries is fueling the growth of the market. Rapid internet and smartphone penetration along with government support for e-learning is further driving the demand.
The increasing ASEAN Smart Education and Learning Market Demand countries like Singapore, Malaysia, Thailand and Vietnam is attributed to rising emphasis on digital education to improve learning outcomes. Growing disposable incomes, increasing literacy rates and urbanization are also propelling the adoption of smart learning solutions in the region.
Growing internet penetration and rising penetration of smartphones have enabled the growth of digital education in ASEAN countries. Countries like Singapore, Malaysia, Thailand and Vietnam have developed advanced digital infrastructures that support e-learning. This has encouraged major international and regional ed-tech companies to expand their presence in Southeast Asian markets.
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