Virtual Schools Market in the US 2015-2019
About Virtual Schools
A virtual school operates on an online learning platform and offers courses pertaining to various fields. These schools have a core curriculum and provide students with an opportunity to learn at home from certified teachers. Students can earn credits on the completion of a course in the desired field, and he/she is promoted to the next grade based on the credits earned.
Although virtual schools are a new concept in the education industry, they have quickly gained popularity, and have become one of the fastest growing opportunities in the K-12 segment. More than 40 states in the US have developed virtual schooling facilities through combined efforts of public initiatives and private funding. They offer diverse course curriculum at a relatively lesser fee than traditional schools.
Technavio’s analysts forecast the virtual schools market in the US to grow at a CAGR of 29.02% during the period 2015-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the virtual schools market in the US for 2015-2019. To calculate the market size, the report considers the revenue generated from the enrollments at these virtual schools across three categories:
Technavio Announces the Publication of its Research Report – Virtual Schools Market in the US 2015-2019
Technavio recognizes the following companies as the key players in the Virtual Schools Market in the US: Connections Academy, K12, Mosaica Education and White Hat management
Other Prominent Vendors in the market are: Articulate, Blackboard, Edison Learning, Echo360, Glance Networks, Haiku Learning, Instant Presenter, InterCall, Jenzabar, Onstream Media, R-HUB Communications, Radvision, Saba Software and Schoology.
Commenting on the report, an analyst from Technavio’s team said: “Vendors are developing web conferencing solutions that are easy to use and priced as per customer requirements to gain market share. The complexity of web conferencing products increase with rise in integrated features, and this may decrease its implementation. Hence, major vendors in the market are developing user-friendly solutions.”
According to the report, the setup of virtual schools works best for parents with busy schedules and a career with high mobility. Hence virtual schools are more popular with children of expatriates, or families that are unable to enroll their children in traditional schools due to lifestyle, geographic, and time zone concerns.
Further, the report states that inadequate supervision and absence of essential learning environment hiders the market growth.
Connections Academy, K12, Mosaica Education, White Hat management, Articulate, Blackboard, Edison Learning, Echo360, Glance Networks, Haiku Learning, Instant Presenter, InterCall, Jenzabar, Onstream Media, R-HUB Communications, Radvision, Saba Software, Schoology.
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