The
report titled “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)” provides a comprehensive analysis on the
E-Learning market of Philippines. The report covers various aspects including
introduction on Philippines E-Learning market, Market Overview and Genesis,
Market Ecosystem, Heat map, trends and developments, issues and challenges,
SWOT analysis, competitive landscape and government regulations. The report
concludes with future market segmentation and analyst recommendations
highlighting the major opportunities and cautions.
Market Overview
Philippines
E-learning market is at the nascent stage. Philippines E-Learning market in
terms of revenue has increased at a positive double digit CAGR during the
period 2013-2018. The market is gradually growing owing to government
initiatives, rising internet penetration in the country coupled with the fact
that more high schools are opting for e-learning courses and students adapting
newer techniques for learning such as videos, animations, gamification and open
courseware. The customers in the market are highly price sensitive as there are
many players present in the market.
Penetration
in Philippines E-Learning market is low due to lack of trained teachers and
reluctance towards diverting from traditional methods of teaching. E-Learning
services are used by both higher education institutions and MNCs in the
country, with schools dominating the demand for such services. The students
opting for e-learning services mainly use the open courseware and multimedia content
while the MNCs, mostly BPO’s, largely uses LMS services for providing training
to their employees.
Philippines E-Learning Market Segmentation
By Content and Technology: The e-learning market is dominated by the content
market services in terms of generating revenue in the year 2018. The increase
in number of students enrolling in High schools and the increase in working
population in Philippines is one of the major reasons for increase in demand of
e-learning, while technology services accounted the remaining revenue share in
the E-Learning market.
By Type of Content: Multimedia contributes a major share in terms of
generating revenues for the industry in 2018 resulting from a rise in the
demand for interactive applications which requires multi-media features on a
software platform. Open courseware, including uploading of existing content,
contributed second highest revenue share; whereas online tests accounted a mere
share in the overall E-Learning market revenues in 2018.
By Source of Learning: E-books are the largest contributor in E-learning
market in terms of revenue in 2018, due to higher digitization of education and
convenience in carrying and using E-books. Massive Open Online Courses (Mooc’s)
have been the second largest contributor to the overall content E-Learning
market, followed by Gamification and M-learning.
By Type of Technology: The major share in the technology market is held by
learning management system (LMS) due to its increased use in corporate firms.
Smart classes have the second highest share by revenue followed by smart
authoring tools, which accounted mere share by revenue in 2018.
By Type of End Users: K-12 (Schools) contributed highest share in terms
of revenue in Philippines E-learning market in 2018, followed by Universities,
corporates, Vocational training programmes and other end users such as home
users.
Competitive Landscape
The
Philippines E-Learning market is highly fragmented. The market has numerous
players operating in the market. The total number of E-Learning service
providers in Philippines was observed to be over 30 in the year 2018. These
companies provide both technological and content services. Moodle, Canvas,
blackboard, Yapster, Cypher learning and other are some of the major players in
the e-learning market of Philippines. These players compete in the E-Learning
market on the basis of target audience, technological capability, distribution
network, client acquisition/retention, fees and courses offered.
Philippines E-Learning market Future Outlook
In
future, it is anticipated that Philippines E-Learning market in terms of
revenue will increase at a double digit CAGR during the period 2018 – 2023E. In
Philippines, E-Learning industry is expected to expand majorly due to rising
governmental initiatives to improve the country’s quality of education by
adopting various e-learning systems over the long term. In future, it is
anticipated that the demand for both content and technology services will be
further augmented largely due to increasing growth in the enrollment, public
and private spending on education sector. The demand for content services
dominated over technology services in 2018. However, by 2023, it is expected
that the demand for technology services will rise at a higher rate than that of
content services. Moreover, increasing demand from universities and corporate
clients is likely to drive future demand for LMS services in Philippines with
companies adopting smarter techniques to provide education and training to
students and their employees respectively in combination with education and
training in a physical classroom by teachers and trainers.
Key Segments Covered:-
By Content and Technology Services
Content
Open
Courseware
Multimedia
Online
Tests
Others
(uploading existing Content)
Technology
Learning
Management System
Smart
Classes
Smart
Authoring Tools
By Content Format
Text
Video
Audio
By Source of Learning
MOOC’s
E-Books
M-learning
Gamification
By End Users
Schools
Universities
Corporates
Vocational
Training
Others
Key Target Audience
Content
Providers
Technology
Providers
Hardware
Providers
Corporate
Enterprises
Higher
education institutes
K-12
Investors
P.E.
Firms
Institutes
Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2019-2023E
Companies Covered:-
Quipper
DIWA
MOODLE
Topica
Edtech Group
Cypher
Learning
SPI
Global
Yapster
Blackboard
Canvas
Key Topics Covered in the Report:-
Executive
Summary
Research
Methodology
Philippines
E-Learning Market Overview and genesis
Philippines
E-Learning Market Size by Revenue (2013-2018)
Philippines
E-Learning Market Segmentation (2013-2018)
Philippines
E-Learning Market Segmentation by Content and Technology Services
Philippines
E-Learning Market by type of Content (Multimedia, Open Courseware, Online Tests
and Others)
Philippines
E-Learning by Technology (Learning Management System, Smart Classes, Smart
Authoring Tools)
Philippines
E-Learning market by Content Format (Video, Audio and Text)
Philippines
E-Learning Market by Source of Learning (E-Books, MOOCs, Gamification and
M-Learning)
Philippines
E-Learning Market by End User
Trends
and development in Philippines E-Learning Market
Issues
and Challenges in Philippines E-Learning Market
Government
regulations in Philippines E-Learning Market
Philippines
E-Learning Market Ecosystem
SWOT
analysis of Philippines E-Learning Market
Competitive
Scenario of Philippines E-Learning Market
Heat
map and Company Profile of Major Players in Philippines E-Learning Market
Philippines
E-Learning Market Future Outlook and Projections
Philippines
E-Learning Market Size (2019-2023)
Philippines
E-Learning Market Future Segmentation (2019-2023)
Analyst
Recommendations in Philippines E-learning Market
For More Information Refer To Below
Link:-
Related Reports by Ken Research:-
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