APAC Edtech Market to Reach from $129.66 Billion to USD 318.65 Billion by 2028 – Arizton

Arizton publishes the latest research report on the APAC EdTech Market - Focused Insights 2023-2028.

The APAC Edtech market to reach USD 318.65 billion by 2028, growing at a CAGR of 16.17% during the forecast period. 

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The APAC Edtech market has been experiencing robust growth due to various factors. The increasing adoption of digital technology in education and the proliferation of internet connectivity and mobile devices have paved the way for innovative learning solutions. The market has also benefited from the rising acceptance of online education, with the outbreak of the COVID-19 pandemic that accelerated the shift towards remote and hybrid learning models. Edtech companies in APAC offer diverse digital learning platforms catering to learners of all ages and educational levels. These platforms include Massive Open Online Courses (MOOCs), virtual classrooms, Learning Management Systems (LMS), and Interactive E-Learning Modules. These platforms allow students to learn independently, access various resources, and engage in interactive activities.

New Product Innovations

•     McGraw Hill, one of the key vendors, expanded its educational services in India with McGraw Hill Edge. This platform offered flexible learning modules, a wealth of original resources, expert guidance through webinars, and a mobile app for on-the-go learning, enhancing students’ learning effectiveness. The launch of McGraw Hill Edge in India intensified competition, compelling other EdTech companies in the APAC region to innovate and offer similar flexible learning options. User retention became a top priority, necessitating improved content and guidance.

•     Chegg, one of the key vendors, unveiled Cheggmate, an AI companion powered by GPT-4, delivering personalized learning pathways, tailor-made quizzes and tests, and context to students’ queries. It allowed students to seek clarifications in various formats and deepened their understanding. EdTech companies in the APAC region needed to invest in AI-driven solutions to meet the growing demand for personalized learning experiences. Its multiple formats for content delivery became crucial to meet student expectations.

The Following Market Segment Analysis is Included in this Report

Product Segmentation and Forecast

• Type (Revenue)
• Hardware
• Software
• Technology-Enabled Services
• Sector (Revenue)
• K-12
• Higher Education
• Competitive Exams
• Certifications
• End-users (Revenue)
• Individual Learners
• Institutes
• Enterprises 
• MARKET STRUCTURE
• Market Dynamics
• Competitive Landscape of the APAC Edtech Market
• Key Vendors
• Other Prominent Vendors

Vendors List

• Key Vendors
• Pearson
• BYJU'S
• McGraw Hill
• Chegg
• Bright Horizons
• Other Prominent Vendors
• Skillsoft
• Coursera
• Duolingo
• Boxlight
• 2U
• Udemy
• Blackboard
• VIPKid
• XSEED EDUCATION
• Labster
• Simplilearn
• Instructure
• Course Hero
• Unacademy
• Doyobi
• Yuanfudao
• Eruditus
• Cialfo
• upGrad
• Go1
• Physics Wallah
• Vedantu
• Preply
• Toppr
• FutureLearn

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Key Questions Answered in the Report:

How big is the APAC Edtech market?

What is the compound annual growth rate (CAGR) of the APAC Edtech market during the forecast period?

Who are the key vendors in the APAC Edtech market?

Which country holds the most significant share of the APAC Edtech market?

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