Number of Government ICT Tenders and Increasing Internet Users in Singapore to Foster Future Growth: Ken Research

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Number of Government ICT Tenders and Increasing
Internet Users in Singapore to Foster Future
Growth Ken Research
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• Increasing number of ICT tenders and increasing
  number of internet users in Singapore is expected
  to increase demand for e-Learning courses.
• Singapore News
• Singapore e-Learning market has grown at a CAGR
  of around 13 during the period 2010-2015. The
  market is expected to grow at a CAGR of 16
  during the period 2016-2020. The market is
  estimated to grow to USD 1.5 billion by 2020. The
  market has been growing at a healthy pace and it
  is expected to continue at the same growth rate.
  As the number of internet users and the
  Smartphone users has increased, the momentum is
  likely to shift towards e-learning in the
  education market in the coming future.
• One of the biggest challenges for education
  institutions is the difficulty in adopting a
  secure IT infrastructure for digitizing the whole
  education ecosystem. Moreover, lack of awareness
  among institutions about the latest technological
  trends and developments has also become a major
  challenge for e-learning market in the country.

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• However, with rising awareness, the demand for
  digital content and services will continue to
  upscale the growth of digital education content
  services in the market in the coming years as
  well. With rising demand, more content in the
  form of video, audio and text format, is expected
  to be uploaded on LMS, MOOCs available, which in
  turn will further drive the market.
• The number of internet users in Singapore has
  been increasing at a phenomenal pace. The
  increasing number of internet users tends to have
  a positive impact on the e-Learning market in
  Singapore. The majority of the share of the
  revenues in the e-Learning market comes from the
  content market which would be further enhanced as
  the number of internet users rises. As the number
  of internet users would rise, it would lead to an
  increase in the number of e-enrollments. The
  number of internet users has grown at a CAGR of
  2 in the period FY2010-FY2015. The number of
  internet users is expected to enhance from 4.1
  million in FY2015 to 4.94 million in FY2020.
• The e-Learning content companies would be able to
  serve a wider user base in the coming years. This
  is likely to raise the number of enrollments in
  the online test preparation market and higher
  applicants for online learning thus ensuring
  better revenues for the E-learning companies
  market as a whole.

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• The surge in the number of internet users and
  also the rise in the tenders given out by the
  government of Singapore are expected to increase
  the revenues generated by the E-learning
  companies. The rise in the number of schools
  which fall under the ICT plans out by the
  Ministry of education, Singapore has led to
  higher sales of the hardware by the E-learning
  companies.
• The report titled Singapore E-learning Market
  Forecast to 2020- Increasing Learning
  Technologies in Corporate Sector to Drive Future
  Growth provides detailed overview on the
  e-learning in Singapore, with focus on the
  content and technology market and its segments.
  This report helps readers to identify the ongoing
  trends in the industry and anticipated growth in
  future depending upon changing industry dynamics
  in coming years. The report is useful for
  E-learning companies, companies dealing with
  delivery of content for E-learning companies, new
  entrants planning to enter Singapore E-learning
  market and other stakeholders to align their
  market centric strategies according to ongoing
  and expected trends in the future.
• Key Products Mentioned in the Report
• Open Courseware
• Multimedia

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• Online Tests
• MOOCs
• E-Books
• M-learning
• Gamification
• LMS
• Smart Classes
• Companies Covered in the Report
• Skillsoft, Gnowbe, Epiphany, Antoree, Coursepad,
  Skillslagoon, Inchone, Edugrate, Kydon Learning,
  Three Learning, Teamie, Wizlearn Technologies,
  Marshall Cavendish, Knowledge Platform, Playware
  Studios, GEM Learning, eUniversity Pte Ltd,
  GenuisU, Phoenix OneSoft Singapore, KooBits Pte
  Ltd, Octavesim, LIME Learning
• To know more on coverage, click on the link
  below
• https//www.kenresearch.com/education-and-recruitm
  ent/education/singapore-elearning-market-statistic
  s/43946-99.html

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• To know more on coverage, click on the link
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• https//www.kenresearch.com/education-and-recruitm
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• Contact UsKen ResearchAnkur Gupta, Head
  Marketing CommunicationsAnkur_at_kenresearch.com
  91-9015378249

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