K-12 education market in Thailand to grow at a CAGR of 6.56% during the period 2016 - 2020; Finds New Report

Report forecast the K-12 education market in Thailand to grow at a CAGR of 6.56% during the period 2016-2020.

The education system in Thailand is administered by the Ministry of Education. It is responsible for the curriculum development and the provision of preschool education, primary education, secondary education, teacher education, and vocational and technical education. Among the above departments, the OBEC is responsible for the management of K-12 education.

The government is improving the quality of infrastructure in public schools and providing additional licenses for international schools. Small public schools are being introduced to mixed-grade classroom teaching methods. The government is also allocating budgets to purchase teaching aids and construct new and larger school buildings.

The report covers the present scenario and the growth prospects of the K-12 education market in Thailand for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of K-12 education in Thailand. The report does not include revenue generated from the aftermarket service of the product.

The market is divided into the following segments based on school ownership:

• Public K-12 education
• Private K-12 education

According to the report, a key growth driver is the growth in international schools market. As the demand for high-quality English education grows in Thailand, the international schools market will also grow. the existing international schools and upcoming schools will focus on providing the education curriculum that follows the National Curriculum of England. Relating to the fee structure in international schools in Thailand, more funds in international schools will fuel more recruitment and procurement of teachers, resources, and facilities.

Further, the report states that a major factor that could hamper market growth is the limitation of a centralized education system. Despite the increasing public expenditure in education, Thailand’s education system ranks low in terms of competitiveness. The reforms in the education system led to a more decentralized structure, which allowed the recruitment of personnel and administrators in schools in regions under the OBEC. Schools in Thailand have to cater to diverse needs, as there is immense cultural diversity in the region.

K-12 Education Market in Thailand 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 players in the K-12 education market in Thailand: Bangkok Patana School, Harrow International School, NIST International School, and Ruamrudee International School.

Other Prominent Vendors in the market are: The Berkeley International School, British International School, Concordian International School, Darasamuth Phuket School, HeadStart International School, International School Bangkok, KIS International School, and Phuket International Academy.

Market driver

• Growth in international schools market
• For a full, detailed list, view our report

Market challenge

• Limitations of centralized education system
• For a full, detailed list, view our report

Market trend

• Mobile learning in Thailand
• For a full, detailed list, view our report

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?

Spanning over 59 pages and 33 Exhibit “K-12 Education Market in Thailand 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, K-12 education market in Thailand, Market segmentation by school ownership, Market segmentation by level of education, Vendor landscape, Key vendor analysis, Other prominent vendors, Appendix.

For more information Visit at: http://mrr.cm/J8R

Related Reports;

ELT Market in Europe 2016-2020 - Visit at - http://mrr.cm/J8z

School Assessment Tools Market in Europe 2016-2020 - Visit at - http://mrr.cm/J8K