The Global ASEAN Smart Education And Learning Market Growth Accelerated By Emergence And Increasing Adoption Of Advanced Technologies

ASEAN Smart Education and Learning Market
Smart education and learning aims to provide digital and online platforms for education to facilitate learning experiences. Introduction of technologies such as augmented reality, virtual reality, interactive whiteboards, learning management systems, and adaptive learning has revolutionized the traditional education system. These technologies enable interactive learning and help improve learning outcomes.
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, as highlighted
in a new report published by Coherent Market Insights.
Market key trends:
The emergence and increasing adoption of advanced technologies is one of the
key trends driving the growth of the ASEAN smart education and learning market.
Technologies such as artificial intelligence, machine learning, Internet of
Things (IoT), and big data analytics are gaining prominence in the education
sector. These technologies help personalize learning experiences for students
according to their learning patterns and behavior. For instance, adaptive
learning powered by machine learning automatically adjusts the content
difficulty based on a student's performance. Similarly, big data collected from
various sources helps understand students' learning habits and identifies areas
needing more focus. Furthermore, the integration of augmented reality and
virtual reality in education is enhancing visual learning experiences and
making them more immersive. This wide adoption of advanced digital technologies
in the education system is projected to propel the ASEAN smart education and
learning market growth over the forecast period.
Segment Analysis
The ASEAN smart education and learning market is dominated by the K-12
sub-segment owing to the increasing adoption of technology in schools across
the region. K-12 education providers are increasingly investing in digital
learning tools and solutions to engage students and improve learning outcomes.
The higher education sub-segment is also growing due to the rising demand for
e-learning and blended learning programs from universities and colleges in
ASEAN countries.
Key Takeaways
The ASEAN
Smart Education And Learning Market Demand is expected to witness high
growth over the forecast period due to rising investments by governments and
private players in digital education infrastructure and solutions. The growing
need to improve the quality of education and skills of students will drive
demand. 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.
Regional analysis
Southeast Asian countries like Singapore, Indonesia, and Malaysia are
dominating the ASEAN smart education and learning market currently. Governments
in these nations have developed comprehensive digital education plans and are
aggressively promoting e-learning. Private stakeholders have also increased
investments to provide smart campus solutions and technologies. Thailand and
Vietnam are expected to offer lucrative growth opportunities during the forecast
period with major edtech initiatives being undertaken.
Key players
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. These companies are focusing on partnerships, acquisitions,
and new product launches to gain market share.
Explore more
related article on this topic: https://www.ukwebwire.com/the-asean-smart-education-and-learning-market-demand/
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