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.

Malaysias 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

Malaysias online education market is anticipated to project a promising compound annual growth rate of 16.4% over the forecast period i.e. 2016-2023owing 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. BhdDeskeraFrogAsia Sdn BhdSchoology, Inc.HicommandsWhite House Business SolutionsDigital SambaMoodle Pty LtdPearsonAlisonNotable key players.

Table of Content:

Key Answers Captured in Report?

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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. Malaysias 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.

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Malaysia Online Education (e-education) Market Size 2022, Share, Growth with Recent Trends, Development, Revenue, Demand and Forecast to 2031 ...