Vietnam E-Learning Market has been driven by Rising Demand for Multimedia Content coupled with Increasing Internet and Smart Phone Penetration in the Country. Ken Research reports.
“Rising Internet Penetration with the Development of ICT Infrastructure in Vietnam and Increased Number of Students Enrolling In High Schools Has Driven the E-Learning Market of Vietnam”.
Analysts at Ken Research in their latest publication “Vietnam E-Learning Market Outlook to 2023 – Driven by Rising Adoption of Smartclasses, E-books in Schools and MOOCs and Smart Authoring Tools in Corporate Training and Test Preparation Segment” believe that Vietnam E-learning industry is projected to register a positive CAGR of 20.2% during the forecast period 2019-2023. Increasing number of internet users, rising government efforts to grow E-learning in Vietnam, adoption of modern technology by the learners, and the growing use of learning management systems by the corporate sector to integrate their process are expected to drive Vietnam E-learning industry in the future.
Increased Internet Penetration: There is an increase in the number of 3G subscribers to 40.0 million from 2013-2018. In regard of Internet connection services, broadband should maintain healthy growth for the near future, although the fixed line broadband and internet access markets, both controlled by the state-run Vietnam Posts and Telecommunications (VNPT), face competition from mobile services. The improvement of internet infrastructure had built the road for successful launch of E-learning platforms in Vietnam.
Strong Government Initiatives: In order to promote E-learning within Vietnam, the government invited higher education institutions to participate in a set of centrally funded ICT projects, particularly in the area of e-learning. The purpose of these projects was both to enable institutions to improve the efficiency of their internal operations, but also in the case of e-learning to anticipate delivery of education to a broader population of students, both on and off campus. The government’s approach to these projects was initially laissez-faire, with the formulation and implementation of ICT strategies largely left to the institutions themselves.
During the 2000s, the laissez-faire approach of the 1980s and 1990s was replaced with a more interventionist approach, with government taking a leading role in the strategy formulation. With Government being more proactive in the recent years for the promotion of E-learning, a drastic increment in market growth has been witnessed in the years 2013-2018.
Acceptance of online learning away from traditional learning system: From that past 20 years that is 1980’s when distance education came into picture in Vietnam, the people have been very resistant towards online learning. They believed to have credibility issues with online content and always wanted to stick around with the traditional method of learning. However, in the recent years with the increasing awareness of people about the benefits of digital education, the end users have started incorporating E-learning as a secondary form of learning and are willing to complete change the learning system away from traditional methods.
For more information on the research report, refer to: Vietnam E-Learning Market
Related Reports:
- Philippines E-Learning Market Outlook to 2023 – By Content (Multimedia, Open Courseware, Online Tests and Others), By Technology (LMS, Smart Classes and Smart Authoring Tools), By Source of Learning (E-Books, MOOCs, Gamification and M-Learning), and By End Users (Schools, Universities, Corporates, Vocational training and Others