“K-12 Educational Technology Market forecast to 2022”.
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.
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 have 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.
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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