EdTech in Vietnam
Summary
EdTech in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Educational Technology (EdTech) is the integration of technology into educational practices to improve students’ or users’ learning outcomes. It includes a variety of digital tools and resources, including software, hardware, multimedia, and network equipment. With education technology, learners can learn anytime, anywhere, at their own pace, with tools like gamified content and microlearning courses.
- The Vietnamese EdTech market recorded revenues of $3,643.2 million in 2024, representing a compound annual growth rate (CAGR) of 12.7% between 2019 and 2024.
- The pre K-12 and K-12 segment accounted for the market's largest proportion in 2024, with total revenues of $2,970.0 million, equivalent to 81.5% of the market's overall value.
- The Vietnam EdTech market grew by 13.9% in 2024, driven by the rapid adoption of digital education by both schools and parents. The growth was fueled by the affordability of online education compared to traditional methods, along with an increase in adoption of mobile phones.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the edtech market in Vietnam
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the edtech market in Vietnam
- Leading company profiles reveal details of key edtech market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Vietnam edtech market with five year forecasts
- What was the size of the Vietnam edtech market by value in 2024?
- What will be the size of the Vietnam edtech market in 2029?
- What factors are affecting the strength of competition in the Vietnam edtech market?
- How has the market performed over the last five years?
- Who are the top competitors in Vietnam's edtech market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Hocmai
- 8.2. Kyna.vn
- 8.3. Udemy Inc
- 8.4. Educa Corporation
- 8.5. Edmicro
- 8.6. TOPICA Edtech Group
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: Vietnam edtech market value: $ million, 2019–24
- Table 2: Vietnam edtech market category segmentation: % share, by value, 2019–24
- Table 3: Vietnam edtech market category segmentation: $ million, 2019-24
- Table 4: Vietnam edtech market geography segmentation: $ million, 2024
- Table 5: Vietnam edtech market value forecast: $ million, 2024–29
- Table 6: Hocmai: Key Facts
- Table 7: Kyna.vn: Key Facts
- Table 8: Udemy Inc: Key Facts
- Table 9: Udemy Inc: annual financial ratios
- Table 10: Udemy Inc: key employees
- Table 11: Educa Corporation: Key Facts
- Table 12: Edmicro: Key Facts
- Table 13: TOPICA Edtech Group: Key Facts
- Table 14: Vietnam Size of Population (Million), 2020–24
- Table 15: Vietnam Real GDP (Constant 2010 Prices, $ Billion), 2020–24
- Table 16: Vietnam GDP (Current Prices, $ Billion), 2020–24
- Table 17: Vietnam Inflation, 2020–24
- Table 18: Vietnam Consumer Price Index (Absolute), 2020–24
- Table 19: Vietnam Exchange Rate, 2019–24
- List of Figures
- Figure 1: Vietnam edtech market value: $ million, 2019–24
- Figure 2: Vietnam edtech market category segmentation: $ million, 2019-24
- Figure 3: Vietnam edtech market geography segmentation: % share, by value, 2024
- Figure 4: Vietnam edtech market value forecast: $ million, 2024–29
- Figure 5: Forces driving competition in the edtech market in Vietnam, 2024
- Figure 6: Drivers of buyer power in the edtech market in Vietnam, 2024
- Figure 7: Drivers of supplier power in the edtech market in Vietnam, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the edtech market in Vietnam, 2024
- Figure 9: Factors influencing the threat of substitutes in the edtech market in Vietnam, 2024
- Figure 10: Drivers of degree of rivalry in the edtech market in Vietnam, 2024
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