K-12 Educational Technology Market Forecasts to 2022 and Analysis

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About K-12 Education Technology

The AEC was established with an aim to transform the ASEAN into a production base with a high competitive advantage and stability over the rest of the world. The community focuses on the economic, political, and socio-cultural development of its 10-member states. A major focus is on improving tertiary education and employability in the region. The conducive conditions for business will likely ensure foreign investment in all sectors, including the burgeoning education sector. The respective national policies in the ASEAN and the AEC are emphasizing greatly on revamping the K-12 education system in the region. This provides huge market potential for education technology vendors that are seeking to expand their presence in Southeast Asia.
Researcher analysts forecast the K-12 education technology market in ASEAN to grow at a CAGR of 24.76% during the period 2017-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the K-12 education technology market in ASEAN for 2017-2022. To calculate the market size, the report considers the revenue generated by the sales of educational hardware and software to kindergarten to grade 12 (K-12) schools in ASEAN.

The market is divided into the following segments based on geography:
• Indonesia
• Singapore
• Other

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Researcher report, K-12 Education Technology Market in ASEAN 2017-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Dell
D2L
Educomp Solutions
Samsung
Seiko Epson
Other prominent vendors
BenQ
Eduspec Holdings Berhad
Ellucian
Hewlett-Packard (HP)
Intel
Macmillan Learning
McGraw-Hill Education
Microsoft
Oracle
Pearson Education
Promethean Limited
Saba Software
Market driver
Differentiated market penetration strategies.
For a full, detailed list, view our report
Market challenge
Threat from open source providers of software.
For a full, detailed list, view our report
Market trend
Increased Internet penetration and use of education apps.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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Press Release

Researcher Announces the Publication of its Research Report – K-12 Education Technology Market in ASEAN 2017-2022

Researcher recognizes the following companies as the key players in the K-12 education technology market in ASEAN: Dell, D2L, Educomp Solutions, Samsung, and Seiko Epson.

Other prominent vendors in the market are: BenQ, Eduspec Holdings Berhad, Ellucian, HP, Intel, Macmillan Learning, McGraw-Hill Education, Microsoft, Oracle, Pearson Education, Promethean Limited, and Saba Software.

Commenting on the report, an analyst from Researcher team said: “One of latest trends in the market is use of advanced technology in international schools. International schools are using various interactive and collaborative methods to teach students. For instance, at the Maker Space in NIST International School, Bangkok, children spend a portion of their lunch hours on robotics and programming projects. 3D printing, wearable technology, and drones are various educational technologies that hold tremendous growth potential during the forecast period. Drones will be primarily used in STEM learning through features such as digital storytelling and virtual tours. Educational technology is also expected to be incorporated in physical education classes. For instance, instructors are adopting GoPros and wristbands to monitor the activities and quantify the movement of students.”

According to the report, one of the primary drivers in the market is adoption of new learning methods. Over the past decade, the adoption of innovative learning approaches has increased in the ASEAN. Some schools in Indonesia and the Philippines have adopted an e-learning platform known as Quipper School. The platform allows students to attend online classes, source study materials, and take online quizzes. This will influence the adoption of mobile-learning and education apps to a large extent. The K-12 schools in the ASEAN are emphasizing on delivering learning content with rich multimedia. A growing number of instructors are incorporating active learning methods that include project-based learning, inquiry-based learning, and experiential learning to improve the learning experience of students and enhance student performance assessments.

Further, the report states that one major challenge in the market is inadequate ICT infrastructure. The budget allocations for improvement of IT infrastructure has not increased at the same rate as the changes in the role of technology in the education sector. Financial resources required to assist institutions in the transformational phase of adopting digital classrooms are a major constraint in the implementation of educational hardware and software. In case of K-12 institutions, availability of resources like servers, network infrastructure, backup storage, and power supply are constrained and restrict the implementation of advanced technological solutions. Also, to implement educational technology in schools, it is essential that the administrative staff has technical support specialists that provide essential support in troubleshooting problems related to software and solutions, installation, operation, maintenance, network administration, and security. The presence of technical support specialists can help in case of technical breakdowns.

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This release was published on openPR.