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 highly price sensitive as there are many players present in the market.
Penetration in Philippines E-Learning market is low due to a 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 the number of students enrolling in High schools and the increase in working population in the Philippines is one of the major reasons for an 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 the 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 (MOOCs) 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 the 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 for mere share by revenue in 2018.
By Type of End Users: K-12 (Schools) contributed the 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 the 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 others are some of the major players in the e-learning market of the Philippines. These players compete in the E-Learning market on the basis of a target audience, technological capability, distribution network, client acquisition/retention, fees and courses offered.
Philippines E-Learning market Future Outlook
In the future, it is anticipated that the Philippines E-Learning market in terms of revenue will increase at a double digit CAGR during the period 2018 – 2023E. In the Philippines, the E-Learning industry is expected to expand majorly due to rising government initiatives to improve the country’s quality of education by adopting various e-learning systems over the long term. In the 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 the 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 the 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 the 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
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