Market Trends of Global Edutainment Industry
This section covers the major market trends shaping the Edutainment Market according to our research experts:
Technological Advancement Is Driving Edutech To Newer Heights
Technology has touched almost every sector in an economy to take conventional methods to a newer and innovative level. Education is also one such sector that has widely benefited from the introduction of technology in the way it is being delivered in different parts of the world. The rising penetration of internet services and technological advancement in the education sector is a widely attracting investment. The technology companies have begun to collaborate with the education institutes to integrate advance technologies such as augmented reality and virtual reality to provide engagement-based learning. Also, the development of interactive and smart classes across the educational institutes is driving the growth in the market.
Asia Pacific Growing Significantly Among All The Regions Across The Globe
Among the different key geographical regions, South East Asia within Asia Pacific is projected to grow higher in the global edutainment market. This region has the largest number of smart device users and a very large pre audit population, factors which are driving the market significantly. Additionally, the presence of many edutainment companies and very stronger competition for education further aids in the growth of the market. Also, the increased investment in the educational technology is also accelerating the adoption of the edutainment market. Further, the adoption of the cloud computing technology among the education sector is developing newer avenues for the growth of the market.
