Albany, NY -- (SBWire) -- 08/18/2017 --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.

The K-12 education technology market in ASEAN to grow at a CAGR of 24.76% during the period 2016-2020. The report covers the present scenario and the growth prospects of the K-12 education technology market in ASEAN for 2016-2020. 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.

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The market is divided into the following segments based on geography:
- Indonesia
- Singapore
- Other

Technavio's report, K-12 Education Technology Market in ASEAN 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.

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Key vendors
- Dell
- D2L
- Educomp Solutions
- Samsung
- Seiko Epson

Other prominent vendors
- BenQ
- Eduspec Holdings Berhad
- Ellucian
- Hewlett-Packard (HP)
- Intel
- Macmillan Learning
- McGraw-Hill Education
- Microsoft
- Oracle
- Pearson Education
- Promethean Limited
- Saba Software

Market driver
- Differentiated market penetration strategies.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 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?

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