
Asia-Pacific Course Authoring Software Market
No. of Pages: 101 | Report Code: TIPRE00020072 | Category: Technology, Media and Telecommunications
No. of Pages: 101 | Report Code: TIPRE00020072 | Category: Technology, Media and Telecommunications
As per the 2018 World Development Report, nearly 1/3rd of the students who complete primary school in South Asia lack fundamental literacy as well as numerical skills, which is hampering the region’s growth prospective. This data signifies that even with increased access to education, enhancement in learning level remains a challenge. Additionally, nations need strong education systems to offer systematic learning and diversified courses to the students across universities and corporate learning system. Several nations in South Asia are yet to integrate systematic learning and evaluation system that allows them to measure the implication of their education programs and policies.
Considering the progress of technological advancement, there are robust purposes for setting up regional collaborations in online learning system in South Asia. The digital transformation has become a new trend across the region's educational sector, owing to growing concerns for online classes considering COVID-19 crisis. Numerous schools and colleges are taking the COVID-19 crisis as an opportunity to be more productive and competitive in terms of developing professional skills, by adopting online training and teaching classes. Moreover, the ease of convenient teaching enhanced by the smart classrooms is anticipated to positively impact the adoption of course authoring software market in the region during the forecast period. Also, online courses and professional certifications getting highly popular is expected to create a significant demand for course authoring software in the coming years, which is further anticipated to drive the APAC course authoring software market.
APAC is badly affected by the COVID-19 pandemic, however this has provided new opportunities for course authoring software market in the region. APAC is a highly dynamic region in terms of economic growth as well as positive online education industry outlook. The region is also characterized by the presence of many developing countries such as China, India, and many South Asian countries where investments in online education sector as well as in edtech startups is quite high. The rising level of urbanization, high population growth, and technology adoption in education sector as well as increasing number of corporate companies are some of the key driving factors which makes APAC an attractive market for the future growth of course authoring software market. APAC is home to around 60% of world population that includes the two most populous countries of the world, China and India. In addition to the huge population, the region also has presence of huge young and tech savvy school and college going population. All these factors are complementing the demand of various types of course authoring solutions in the region. Additionally, the high penetration of consumer electronics and growing demand of e-learning/distance learning solutions in countries such as China and India, is another positive sign for the growth of course authoring software market in the region. The ongoing COVID-19 outbreak and closure of corporate companies, universities, and other educational institutions in the region is further fueling the adoption of education technology solutions. All these factors coupled with presence of a large number of well-funded edtech startups in this region will drive the market growth in the coming years.
Strategic insights for the Asia-Pacific Course Authoring Software provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 159.79 Million |
Market Size by 2027 | US$ 529.13 Million |
Global CAGR (2020 - 2027) | 18.9% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Deployment
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
The geographic scope of the Asia-Pacific Course Authoring Software refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The course authoring software market in APAC is expected to grow from US$ 159.79 million in 2019 to US$ 529.13 million by 2027; it is estimated to grow at a CAGR of 18.9% from 2020 to 2027. The rising popularity of cloud-based solutions and cloud computing and awareness about the development and adoption of innovative technology solutions and services for enhanced user experience and better operational productivity among various industry sectors, are some of the key factors that are driving the demand for cloud-based solutions across education industry and corporate stakeholders. The cloud-based software solutions offer easy scalability and high operational flexibility to education companies and institutions along with reducing their overall costs and operational risks. Additionally, the ever-evolving cloud architectures, system algorithms, easy accessibility, and integration of advanced features in cloud solutions are fueling the adoption of course authoring software in diverse industry verticals, including education sector.
In terms of deployment, the cloud segment accounted for the largest share of the APAC course authoring software market in 2019. In terms of end user, the enterprises segment held a larger market share of the APAC course authoring software market in 2019.
A few major primary and secondary sources referred to for preparing this report on the course authoring software market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Adobe Inc.; Articulate Global Inc.; Brainshark, Inc.; Easygenerator; Elucidat; Instructure, Inc.; iSpring Solutions Inc.; LearnWorlds; Lessonly, Inc.; SAP Litmos.
The Asia-Pacific Course Authoring Software Market is valued at US$ 159.79 Million in 2019, it is projected to reach US$ 529.13 Million by 2027.
As per our report Asia-Pacific Course Authoring Software Market, the market size is valued at US$ 159.79 Million in 2019, projecting it to reach US$ 529.13 Million by 2027. This translates to a CAGR of approximately 18.9% during the forecast period.
The Asia-Pacific Course Authoring Software Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia-Pacific Course Authoring Software Market report:
The Asia-Pacific Course Authoring Software Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia-Pacific Course Authoring Software Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia-Pacific Course Authoring Software Market value chain can benefit from the information contained in a comprehensive market report.