The K-12 Educational Technology Market in ASEAN will Grow Impressively at a CAGR of Almost 24.76% by 2020

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.

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Technavios analysts forecast the K-12 education technology market in ASEAN to grow at a CAGR of 24.76% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the K-12 education technology market in ASEAN for 2016-2020. 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

Technavio's report, K-12 Education Technology Market in ASEAN 2016-2020, 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

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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

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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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