K-12 Education Technology Spend in APAC 2016-2020
About K-12 Education Technology Spend in APAC
The technology landscape in the K-12 education sector in APAC is exhibiting dynamic changes with respect to online education delivery methods, such as very small aperture terminal, 4G, and web conferencing. Schools have extensively benefitted from the incorporation of educational hardware and software. This transformation in the education system has not only enhanced the learning experience for students but also equipped students with new skill-sets, made education accessible to remote rural locations in developing countries, and improved operational outcomes for schools through the efficient use of financial and human resources.
Technavio’s analysts forecast the K-12 education technology spend in APAC to grow at a CAGR of 22.74% 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 spend in APAC for 2016-2020. To calculate the market size, the report considers the revenue generated by the sales of educational hardware and software to schools as well as providers of tutoring to the K-12 segment.
Technavio's report, K-12 Education Technology Spend in APAC 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.
Technavio Announces the Publication of its Research Report – K-12 Education Technology Spend in APAC 2016-2020
Technavio recognizes the following companies as the key players in the K-12 education technology spend in APAC: CHUNGDAHM Learning, Dell, Educomp Solutions, Next Education, Samsung, TAL Education Group, and Tata Class Edge.
Other Prominent Vendors in the market are: Adobe Systems, Blackboard, BenQ, Cengage Learning, D2L, Ellucian, IBM, Intel, Knewton, Mcmillan Learning, McGraw-Hill Education, Microsoft, Oracle, Pearson Education, Promethean World, Saba Software, and SMART Technologies.
Commenting on the report, an analyst from Technavio’s team said: “A trend which is positively impacting the market and aiding its growth is the growing mobile education in the APAC region. The introduction of advanced browsers has made it possible to deliver and access content across many platforms. Advancements in software and hardware have influenced the habits of mobile users. This can create profitable market opportunities for vendors in the m-education market. M-education has the potential to become the alternative to traditional classroom-based education as it helps in enhancing the education system to increase its efficiency. M-education also makes education more accessible and improves the quality of delivery and time-management.”
According to the report, a key growth driver is the rise in e-learning. Cloud-based e-learning is one notable trend to look for in the years to come. Educational institutions are improving their IT infrastructure as well as recruiting and training their administrative staff for effortless e-learning deployment. Cloud-based solutions are largely accepted as they support multiple forms of e-learning such as blended e-learning and virtual classrooms.
Further, the report states that one challenge that could hamper market growth is the lack of adequate ICT infrastructure.
CHUNGDAHM Learning, Dell, Educomp Solutions, Next Education, Samsung, TAL Education Group, Tata Class Edge, Adobe Systems, Blackboard, BenQ, Cengage Learning, D2L, Ellucian, IBM, Intel, Knewton, Mcmillan Learning, McGraw-Hill Education, Microsoft, Oracle, Pearson Education, Promethean World, Saba Software, SMART Technologies.