The rising awareness of primary education drives growth – Education Industry Trends, Share, Value, Analysis & Forecast Report
NEW YORK, Jan. 25, 2024 /PRNewswire/ — The K-12 education market in Thailand is set to grow by USD 10.58 billion from 2023 to 2028 progressing at a CAGR of 12.18% during the forecast period. Substantial growth is anticipated in the primary education segment. Serving as the fundamental level for students, primary education is pivotal in establishing the groundwork for future academic success, emphasizing basic literacy, numeracy, and character development. The Thailand government’s commitment to universal primary education promotes inclusivity and educational equity, further contributing to the growth of this segment. –Here is an Exclusive report talking about scenarios with a historical period (2018-2022) and forecast period (2024-2028). Download a FREE Sample Report in minutes!
The growth is driven by increasing awareness of primary education, which is boosted due to the rising disposable incomes, and enhanced affordability among parents. Intensifying competition in the sector has prompted attention from parents, educational institutions, and the government. This has led to the establishment of new schools, with governments allocating budgets to ensure quality services in pre-primary, primary, and high schools. The adoption of advanced technology further contributes to heightened awareness among parents and governments, fostering positive growth prospects for the K-12 education market in Thailand.
“The rise in the adoption of advanced technologies in educational products is an emerging trend fueling the growth, while the high costs involved in setting up schools hampers growth during the forecast period”, says a senior analyst at Technavio.
The analysis includes Class Type, Type, and Geography landscape. This study identifies the rise in the adoption of advanced technologies into educational products, the emergence of transitional education, and the evolution of learning methodologies as some of the prime reasons driving the growth during the next few years.
This report presents a detailed picture of the industry by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View a Sample Report
The K-12 education market in Thailand covers the following areas:
Companies Mentioned
- Active Internet Technologies LLC
- Anthology Inc.
- Bangkok Patana School
- BenQ Corp.
- Berkeley International School
- British International School Phuket
- Concordian International School
- Coursera Inc.
- D2L Corp.
- Darasamuth Phuket School
- Harrow School
- HeadStart International School Phuket
- International Business Machines Corp.
- International School Bangkok
- John Wiley and Sons Inc.
- KIS International School
- Microsoft Corp.
- NIST International School
- Pearson Plc
- Ruamrudee International School
Technavio’s SUBSCRIPTION platform
Innovative Educational Technology, a Key Driver
The Thailand K-12 education market is dynamic, featuring a diverse landscape with public, private, and international schools. It is characterized by essential components such as curriculum development, teacher training, student assessment, and innovative educational technology. The sector addresses early childhood, primary, and secondary education, as well as vocational, special, and language education. Critical aspects include infrastructure, policy frameworks, funding initiatives, and research efforts. Emphasis is placed on standardized testing, assessments, parental engagement, and maintaining safe school environments. Additionally, the industry fosters educational partnerships, complies with legislation, manages teacher-student ratios, and underscores the importance of school safety.
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Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Segmentation by Class Type
7 Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging trends and provide actionable insights to help businesses identify opportunities and develop effective strategies to optimize their positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable insights to identify opportunities in existing and potential markets and assess their competitive positions within changing scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
