Lewes, DE -- (SBWIRE) -- 12/22/2015 -- Report forecast the K-12 technology spending market in the US to grow at a CAGR of 8.67% over the period 2014-2019.

Technology driven education system comprises information, resources, and professional development opportunities to support schools in imparting education to the students in a digitally rich environment. The primary objective of technology in education is to transform traditional teaching methodologies to enhance learning and improve the dissemination of knowledge by using an array of tools and hardware such as digital text, graphics, and audio-visual tools. The use of interactive presentations improves the teaching process and helps in engaging students in multi-media technologies.

The report covers the present scenario and the growth prospects of the K-12 technology spending market in the US for the period 2015-2019. To calculate the market size, it considers the revenue generated by vendors through the following product segments:

- Software and service
- Hardware

K-12 Technology Spending Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

According to the report, the increasing focus on open educational resources and innovations in technology have resulted in the growth of a vast number of digital platforms offering easy access to a plethora of course materials from institutions across the world. Educational institutions are no longer the sole providers of higher educational courses; various short and precise online courses are emerging, catering to the needs of students with a particular area of interest.

Key players in the K-12 Technology Spend in the US: Apple, Blackboard, Microsoft, Knewton and 2U

Other Prominent Vendors in the market are: Aptara, Articulate, Dell, Discovery Communication, Echo360, Jenzabar, IBM, Promethean World, and Saba Software.

Market driver
- Open educational resources
- For a full, detailed list, view our report

Market challenge
- Connectivity gap in educational institutions
- For a full, detailed list, view our report

Market trend
- Rising penetration of educational hardware
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 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 67 pages, "K-12 Technology Spend in the US 2015 - 2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, US economy overview, Market segmentation by product, Market segmentation by end-user, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Other prominent vendors, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/k-12-technology-spend-us-2015-2019

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