Malaysia Online Education (e-education) Market Global Business Overview, Revenue Status, Size by Players Forecast to 2021-2030

In a recent published report, Kenneth Research has updated the market report for Malaysia Online Education (e-education) Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Malaysia Online Education (e-education) Market products.

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The Report Title Malaysia Online Education Market has been added by Kenneth Research, provides detailed insights of the market scenario which is further classified on the basis of market size and market volume, along with the compound annual growth rate (CAGR) of the market over the forecast period, i.e., 2021-2023.

The online education system is a software application designed to provide education through the use of web services. The system enables the learner to access the service anywhere and anytime across the globe. Advancement in information technology has led the online education system to great horizons. Owing to the presence of international branch campuses coupled with moderate tuition fees, the Malaysian online education market is considered one of the most attractive markets for higher studies across the globe.

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

Malaysia’s educational capacity and the quality of its educational system is an important aspect of the regional and global markets. The Malaysian government is more focused on building an education system that enhances the unique identity of students by providing the specified education they actually need which can be very easy for the online education platform. The government of Malaysia is partnering with social and private sectors making students better prepared for higher education and the job market.

Market Size & Forecast

Malaysia’s online education market is anticipated to project a promising compound annual growth rate of 16.4% over the forecast period i.e. 2016-2023 owing to the strong government initiatives and rising smartphone and tablet users in the country. The Mobile e-learning segment is anticipated to dominate the market over the forecast period. the segment is estimated to account for a market share of 35% by the end of 2023 due to increasing internet penetration and rising mobile and tablet users in the country.

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

Key Players

Appstronic Sdn. Bhd
FrogAsia Sdn Bhd
Schoology, Inc.
White House Business Solutions
Digital Samba
Moodle Pty Ltd
Notable key players.

Table of Content:

  • Executive Summary
  • Research Methodology
  • Global Market Size (USD Million) and Forecast
  • Market Dynamics & Its Impact Analysis
  • Global Market Segmentation Analysis
  • Porter’s Five Force Model Analysis
  • Competitive Landscape
  • Company Overview
    • Financial Performance
    • Key Products
    • Business Strategy
    • Recent Developments
    • SWOT Analysis

Key Answers Captured in Report?

  • Which geography would have better demand for products/services?
  • What are the strategies adopted by big players in the regional market?
  • Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
  • What is the current & expected market size in the next five years?
  • What is the market feasibility for long term investment?
  • What opportunity the country would offer for existing and new players in the market?
  • What is the risk involved for suppliers in the geography?
  • What factors would drive the demand for the product/service in the near future?
  • What is the impact analysis of various factors in market growth?

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Growth Drivers and Challenges

The rapid adoption of mobile technology is playing a vital role in the online education system. Students are more comfortable with the online education system these days as they can access the content more effectively and can spend more time in the learning process, this will further spur the growth of the Malaysian online education market. Malaysia’s government is taking initiatives to promote education through an online platform in order to increase the adoption of technology among the younger generation and to provide affordable and convenient education to overcome the shortage of quality education. The strong government initiatives are pushing students to enroll in the online education platform for higher education; this will further propel the market growth at an ever-increasing rate.

Introduction of new and effective mandates for the digitization of textbooks in the academic sector and promotion of online education platform by providing tablets and laptops to the students of schools, colleges and universities are expected to expand the market growth over the forecast period. The online education system provides advanced technology graphics and simulation which makes easy to understand the concepts. This is further expected to raise the growth of the online education market in Malaysia. The growing need for highly developed IT infrastructure and a lack of professional academic staff are some of the factors that can restrain the market growth over the forecast period.

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations, and organizations with the aim of helping them to take prominent decisions. Our research library comprises more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both the macro level as well as micro-level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides a significant analysis of various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keeps a track of the international and domestic market for any economic changes impacting the products’ demand, growth, and opportunities for new and existing players.

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