Global Virtual Schools Market 2023-2027
The virtual schools market is forecasted to grow by USD 3095.11 mn during 2022-2027, accelerating at a CAGR of 12.24% during the forecast period. The report on the virtual schools market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand and enrollment, partnership and collaboration among players, and high spending on quality education.
Technavio's virtual schools market is segmented as below:
By Application
- Elementary schools
- Middle schools
- High schools
- Adult education
By Type
- For-profit EMO
- Non-profit EMO
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the apps and wearables for virtual education as one of the prime reasons driving the virtual schools market growth during the next few years. Also, robust increase in internet penetration and government supporting virtual schools will lead to sizable demand in the market.
The report on the virtual schools market covers the following areas:
- Virtual schools market sizing
- Virtual schools market forecast
- Virtual schools market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading virtual schools market vendors that include 21k School, Basehor Linwood Virtual School, EDOVU VENTURES PVT. LTD., Education World Wide, Florida Virtual School, Forest Trail Academy, Global Indian International School Pte. Ltd., IBE Alliance, Imagine Online Academy of Arizona, Institute of Science and Technology, International VLA LLC, International Well Rounded School, Laurel Springs School, Lincoln Learning Solutions, Minerva Virtual Academy, Pearson Plc, Prisma Learning Inc., Stride Inc., The Class Of One, and UK Virtual School Ltd.. Also, the virtual schools market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.