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Rise in Government Initiatives to Drive the K-12 Education Market in Thailand Through 2020, Says TechnavioAccording to the latest market study released by Technavio, the K-12 education market in Thailand is expected to grow at a CAGR of more than 3% during the forecast period. This research report titled 'K-12 Education Market in Thailand 2016-2020' provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes an up to date analysis and forecasts for various market segments and all geographical regions. Request sample report: http://goo.gl/UjaQZm The report categorizes the K-12 education market in Thailand into three segments by level of education. They are:
Primary education This education segment primarily focuses on teaching core subjects from the National Curriculum, including science, social studies, religion, Thai, mathematics, culture, health and physical education, art, career and technology, and foreign languages. Public primary schools are administered by the Office of the Basic Education Commission (OBEC). There will be stagnation of the enrollment rate in public institutions, whereas this rate should rise significantly in private schools on account of new enrollments and learners switching to private institutions in search of an international education. "Demand for quality education at par with international standards, is driving public-private partnerships and the establishment of various private schools. This will propel the primary K-12 education market in Thailand during the forecast period," says Jhansi Mary, a lead analyst at Technavio for K-12 and higher education research. Secondary education In the secondary education segment, the objective is to include a curriculum that is in alignment with industry requirements. Many federal research studies have indicated the poor quality of educationin the country. While the country's English language proficiency is lower than Cambodia's, its general quality of education is ranked below Laos. These indicate the significant challenges the Thailand education regulatory authorities need to overcome so as make Thailand an international education hub. At a granular level, there are efforts initiated to manage this challenge. Schools are ensuring that a significant amount of their budget is spent on equipping students with appropriate laboratories for science and computer education, along with the use of educational hardware like interactive whiteboards and tablets in classrooms. This trend is gaining traction in private schools, and the government too, is taking initiatives to upgrade and introduce the latest technology in schools as a result of which this segment should experience steady growth. As in India and China, there is a growing trend of students seeking to go abroad for higher education in subjects like engineering, information technology, communication, and business. As a result, there are significant developments triggering the improvement of English fluency. This has also led to a rise in the number of bilingual schools in the country. "Educational institutions, are focusing on grooming their students to get admissions in reputed universities in the US and the UK. All these developments indicate that not only will the country witness a rise in enrollments, but there will also be a strong positive development in Thailand's secondary education segment," says Jhansi. Pre-primary education The 10-Year Plan and Policy for Early Childhood Development (2006-2015) of Thailand ensures that early childhood education is universal and includes all Thai children. The plan will provide the opportunity for balanced development and increase participation from stakeholders. Adequacy of funds to deliver quality education and provision of access to disadvantaged groups are the key focus areas. Most preschools are private and located in Metropolitan Bangkok. These schools are under the supervision of the Office of the Private Education Commission, Ministry of Education. Another major factor for the growth of the market is the emergence of education technology startups, which are catering to the pre-primary segment. For instance, the Taamkru app was developed to ensure that pre-primary students have a good knowledge foundation. The top vendors highlighted by Technavio's research analysts in this report are:
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Do you need a report on a market in a specific geographical cluster or country but can't find what you're looking for? Don't worry, Technavio also takes client requests. Please contact [email protected] with your requirements and our analysts will be happy to create a customized report just for you. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected]. View source version on businesswire.com: http://www.businesswire.com/news/home/20160628005480/en/ |
