Rise in Government Initiatives to Drive the K-12 Education Market in Thailand Through 2020, Says Technavio

LONDON–(BUSINESS WIRE)–#HigherEducation–According 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
  • Secondary education
  • Pre-primary education

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 education in 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:

  • Bangkok Patana School
  • Harrow International School
  • NIST International School
  • Ruamrudee International School

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