Istruzione e Formazione
Malaysia Private K12 Education Market Expected to Reach RM 19 Bn by 2026 due to Rising Number of Private Schools & Increasing Preference for International Schools: Ken Research
Education Ministry was the biggest recipient of allocations in Malaysia's budget 2022, with an allocation of RM 67.1 Bn . The government allowed income tax exemption for nursery and kindergarten fees, increased the early school aid to RM150 in 2022 and provided subsidy of RM 100 for each teacher to buy gadgets for online learning.
: Synchronous online conferencing systems, such as Google Meet, have allowed experts from anywhere in the world to join online classrooms & have allowed presentations to be recorded for individual learners to watch at a time most convenient for them. Malaysia was the top number one to use Google Classroom among 52 regions worldwide between March 18, 2020 , to May 2, 2020 .
: A sustainable business model and clear strategic positioning are key to competing in a saturated market. Creating value through strategic partnerships and digitization can help further strengthen a school's value proposition and student appeal.
Private sector holds 75% of the total Pre-primary schools in Malaysia and will continue to dominate the Pre-Primary Level of Education due to limited presence of Government Public schools in this segment.
The report titled provides a comprehensive analysis of the potential of Private K-12 Education industry in Malaysia . The report covers various aspects including the current K-12 education scenario, revenue generated by schools, its segmentations viz level of education– Pre-Primary vs. Primary vs. Secondary, Gender (Male vs. Female), Geographic Distribution of Schools, major trends and development, issues and challenges, government regulations and competition analysis. The report concludes with market projections for future of the industry including forecasted industry size by revenue along with analyst recommendations and key market opportunities.
The market has been given a boost due to Strong Government push towards online education during Covid-19 along with new continuous innovation by the vendors to differentiate their products from their Competitive firms. The Students have accessibility to wider Coverage of Courses at affordable prices and an option to customize the type of content that can be subscribed. Platforms such as Nafham, Smart Art Egypt, Noon Academy, Edraak, Korras, and Learn have recently entered in the market with very high Course completion rate. Continuous efforts by the Egyptian government and increasing private sector participation and investments in the education sector is expected to relieve budgetary strains along with higher growth rates in the future.
Vietnam Medical Education Sector has been facing many macro and micro challenges. Each challenge has a direct or indirect effect on the Quality of Education and Quantity of Medical Professional prevailing in the Industry. Some of the major challenges faced by the industry are lack of standard entrance exam, Statutory and Regulatory Body like Medical Council, Lack of standardized entry channels for Residency programmes, Diverse syllabi and heavy reliance on theoretical foundations. Major Enabler in the Vietnam Medical Education Market is mostly the capacity to accommodate medical students and imbalance in the medical ecosystem with increase in support staff like optometrist and technicians.
Philippines Medical Education Sector has been facing many macro and micro-challenges. Each challenge has a direct or indirect effect on the Quality of Education and Quantity of Medical Professional prevailing in the Industry. Some of the major challenges faced by the Industry are Malpractices by Education Agents, Regional Education Disparities and more. Major Enabler in the Philippines Medical Education Market is mostly the great environment to accommodate students especially International Aspirants provided by the country.
Medical Education in Thailand has seen a long journey with various turns with intense progress. The journey has given the system its fair share of challenges to deal with issues including keeping pace with rapidly changing knowledge and installing same coping abilities in the students, maintaining quality of training of students with their increasing demand, mental health issues arising for medical students under heavy pressure, funds and scholarships to arrange the education, to retain good quality staff and lack of private investment in medical education.
Various factors that drive the growth of Medical Education System in Thailand are expensive public infrastructure and universal coverage, postgraduate program is in alignment with international standards, the brain drain is at lower level in comparison to its neighbouring countries because majority of education is in Thai, changes in the need of society, changes in the nature of students, evolution in learning and teaching processes, rapid changes in technologies supporting medical practices and education, enormous explosion in medical knowledge and changes in the health system.
Ken Research
Ankur Gupta , Head Marketing & Communications
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