Virtual Schools Market: Global Industry Analysis and Forecast 2021-2027: by Type, End-use and Region.

Virtual Schools Market is anticipated to reach US$ 5.78 Bn. by 2027 from US$ 2.5 Bn. in 2020 at a CAGR of 15 % during a forecast period. Virtual schools help students save money by allowing them to access the curriculum in digital form at their convenience. Teachers and trainers benefit from virtual schools because they may convey knowledge to a larger audience. Besides, the use of a cloud-based LMS lowers the costs of developing, maintaining, storing, and distributing information to students. Educators may also use a variety of sources to find short modules of relevant information for classroom sessions, decreasing their reliance on huge publishers. Moreover, virtual schools aid professors in the creation and management of diverse and engaging material. Virtual Schools Market To know about the Research Methodology :- Request Free Sample Report In report, 2020 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Virtual Schools Market Dynamics

Virtual schools use online media such as video conferencing over the Internet to instruct pupils. There has been much discussion about how virtual schooling is not as successful as traditional schooling, however, this perception appears to be shifting in recent years, with people becoming more receptive to virtual learning trends. While there was initially little change, the COVID-19 epidemic struck the world in 2020. Because it was impossible to hold courses using the traditional schooling system due to total lockdowns, most educational institutes throughout the world shifted to virtual schooling. When the pandemic hit, both private and non-profit education management firms resorted to virtual schooling. Many countries have not launched schools with physical attendance even in 2021, which has boosted demand for virtual schools significantly. An increasing number of students are enrolling in e-learning courses in higher education: The number of students enrolled in e-learning courses in higher education has risen dramatically in recent years. This can be linked to students' growing preference for courses and degree programs that provide flexible forms, such as self-paced learning. Many higher education institutions are responding by including e-learning in their curricula. Furthermore, the widespread availability of internet-enabled devices such as smartphones and tablets has shifted students' preferences away from traditional classrooms and toward digital learning platforms. As a result, rising e-learning enrolments in higher education are likely to boost the virtual school market throughout the forecast period. COVID-19 Influence: COVID-19's emergence was a completely unexpected and unanticipated event. While the pandemic had a detrimental influence on most companies, the virtual school industry was one of the few that benefited and grew during these challenging times. In a pandemic-affected world, virtual schooling became the primary educational option, and the previously promised and preached benefits were readily obvious to clients. Some of the key benefits of virtual schooling are flexibility, ease of access, and the popularity of distance learning, all of which are driving overall market expansion.

Virtual Schools Market Segmentation Analysis

By Type: demand for private EMOs to deliver virtual schooling is expected to grow at a CAGR of 12% during the forecast period. Virtual schooling approaches have been widely implemented in both for-profit and private EMOs. In the pandemic period, private virtual schools have grown in favour since they give education in difficult times and are efficient enough to conduct courses without obstructing children's growth. By End-Use: Non-profit EMOs have not been as successful in adopting the virtual school trend as private EMOs, and the main reason for this is budgetary restraints. However, this is beginning to change, and non-profit EMOs are increasing their presence in the virtual schooling market. In 2021, the growth of non-profit EMOs is expected to undergo a paradigm change, with the acceptance of the online school trend expected to rise in the years ahead. Virtual schools for non-profit EMOs are expected to catch up to private and for-profit virtual schools during the forecast period.

Virtual Schools Market Regional Insight

Over the forecast period, the virtual schools market in North America is expected to benefit from an increase in e-learning enrolments in the higher education sector. The demand for virtual schooling in the United States is growing significantly, as virtual schools for private EMOs are expected to grow in popularity in the country. In the year 2020, the market for virtual schools in the United States valued US$738.1 million. Top virtual schools in the United States are attempting to take advantage of the regional market's potential. China, the world's second-largest country, is expected to reach a market size of US$1.3 billion by 2027, with a CAGR of 15.5 percent between 2020 and 2027. COVID-19's appearance in the fourth quarter of 2019 significantly changed China's functioning in 2020. China and other countries pioneered virtual schooling while the world struggled to find a vaccine. Both virtual schools for children and virtual schools for adults are likely to enjoy increased demand in the country during the forecast period Japan and Canada are two significant geographic markets, with expected growth rates of 8.1 percent and 10.2 percent, respectively, during the forecast period. Germany is expected to increase at a rate of 9.2 percent per year in Europe. Virtual Schools Market

Report Objectives:

• Landscape analysis of the Virtual Schools Market • competitive benchmarking • Past and current status of the industry with the forecasted market size and trends • Evaluation of potential key players that include market leaders, followers, and new entrants • Technology trends • Potential impact of micro-economic factors of the market • External and Internal factors affecting market have been analyzed The report also helps in understanding the Virtual Schools Market dynamics, structure by analysing the market segments and project the Virtual Schools Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Virtual Schools Market make the report investor’s guide.

Virtual Schools Market Scope: Inquire before buying

Virtual Schools Market

Virtual Schools Market by Region

• North America • Asia pacific • Europe • Middle East and Africa • South America

Virtual Schools Market: Key Players

Florida Virtual School • K12 Inc. • Connections Education • Abbotsford Virtual School • Lincoln Learning Solutions • Basehor Linwood Virtual School • iEnergizer • Mosaica Education Inc. • Pansophic Learning • Pearson Plc • Stride Inc. • Beijing Changping School • Charter Schools USA • Illinois Virtual School (IVS) • Inspire Charter Schools • N High School • Virtual High School (VHS) • Wey Education Schools Trust

Frequently Asked Questions

1. What is the projected market size & growth rate of Virtual Schools Market? Ans- Virtual Schools Market was valued at USD 2.5 billion in 2020 and is projected to reach USD 5.78billion by 2027, growing at a CAGR of 15 % during the forecast period. 2. What are the key driving factors for the growth of Virtual Schools Market? Ans- the widespread availability of internet-enabled devices such as smartphones and tablets has shifted students' preferences away from traditional classrooms and toward digital learning platforms. As a result, rising e-learning enrolments in higher education are likely to boost the virtual school market throughout the forecast period. 3. Which Regions accounted for the largest Virtual Schools Market share? Ans- Over the forecast period, the virtual schools market in North America is expected to benefit from an increase in e-learning enrolments in the higher education sector. 4. What makes China a Lucrative Market for Virtual Schools Market? Ans- The demand for virtual schooling in the United States is growing significantly, as virtual schools for private EMOs are expected to grow in popularity in the country. 5. What are the top players operating in Virtual Schools Market? Ans- Florida Virtual School, K12 Inc., Connections Education, Abbotsford Virtual School, Lincoln Learning Solutions, Basehor Linwood Virtual School, and iEnergizer
1. Global Virtual Schools Market: Research Methodology 2. Global Virtual Schools Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Virtual Schools Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Virtual Schools Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Virtual Schools Market Segmentation 4.1 Global Virtual Schools Market, by Type (2020-2027) • Private EMOs • Non-profit EMOs 4.2 Global Virtual Schools Market, by Enterprises size (2020-2027) • Use of Virtual Schools in Elementary Schools • Use of Virtual Schools in Middle Schools • Use of Virtual Schools in High Schools • Use of Virtual Schools in Adult Education 5. North America Virtual Schools Market(2020-2027) 5.1 North American Virtual Schools Market, by Type (2020-2027) • Private EMOs • Non-profit EMOs • 5.2 North America Virtual Schools Market, by End-Use (2020-2027) • Use of Virtual Schools in Elementary Schools • Use of Virtual Schools in Middle Schools • Use of Virtual Schools in High Schools • Use of Virtual Schools in Adult Education 5.3 North America Virtual Schools Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Virtual Schools Market (2020-2027) 6.1. Asia Pacific Virtual Schools Market, by Type (2020-2027) 6.2. Asia Pacific Virtual Schools Market, by End-Use (2020-2027) 6.2. Asia Pacific Virtual Schools Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Virtual Schools Market (2020-2027) 7.1. Middle East and Africa Virtual Schools Market, by Type (2020-2027) 7.2. Middle East and Africa Virtual Schools Market, by End-Use (2020-2027) 7.3. Middle East and Africa Virtual Schools Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Virtual Schools Market (2020-2027) 8.1. Latin America Virtual Schools Market, by Type (2020-2027) 8.2. Latin America Virtual Schools Market, by End-Use (2020-2027) 8.3 Latin America Virtual Schools Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Virtual Schools Market (2020-2027) 9.1. European Virtual Schools Market, by Type (2020-2027) 9.2. European Virtual Schools Market, by End-Use (2020-2027) 9.3 European Virtual Schools Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. K12 Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Florida Virtual School 10.3. K12 Inc. 10.4. Connections Education 10.5. Abbotsford Virtual School 10.6. Lincoln Learning Solutions 10.7. Basehor Linwood Virtual School 10.8. iEnergizer 10.9. Mosaica Education Inc. 10.10. Pansophic Learning 10.11. Pearson Plc 10.12. Stride Inc. 10.13. Beijing Changping School 10.14. Charter Schools USA 10.15. Illinois Virtual School (IVS) 10.15. Inspire Charter Schools 10.17. N High School 10.18. Virtual High School (VHS) 10.19. Wey Education Schools Trust

About This Report

Report ID126081
Category Information Technology & Telecommunication
Published DateNov 2021
Updated Date
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