Virtual Schools Market to grow by USD 3.09 billion from 2022 to 2027, the market is fragmented due to the presence of prominent companies like 21k School, Basehor Linwood Virtual School & EDOVU VENTURES PVT. LTD., and many more - Technavio

NEW YORK, Sept. 18, 2023 /PRNewswire/ -- The virtual schools market is estimated to grow by USD 3.09 billion from 2022 to 2027, growing at a CAGR of 12.24%. The virtual schools market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer virtual schools market are 21k School, Basehor Linwood Virtual School, and 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. The report provides a full list of key companies, their strategies, and the latest developments. Download a FREE Sample before buying

Company Offering:

• 21k School - The company offers virtual schools such as nursery, LKG, and UKG programs.
• EDOVU VENTURES PVT. LTD. - The company offers virtual schools such as Primary IGCSE online schools.
• Florida Virtual School - The company offers virtual schools such as FlexPoint Virtual School.
• For details on companies and their offerings – Buy a report!

By Geography, the market is classified as North America, Europe, APAC, South America, and Middle East and Africa. North America will have the largest share of the market. North America will contribute 48% to the growth of the global market during the forecast period. Generally, virtual schools often offer individualized support systems such as virtual tutoring, academic counseling, and additional resources. This is to address the unique needs of each student. Furthermore, the popularity and growth of virtual schools in North America have resulted in the development of dedicated virtual school programs, both within traditional public school systems and through online charter schools or independent virtual school providers. Hence, such factors fuel the growth of the virtual schools market in the North American region during the forecast period. Download a FREE sample report to get more insights on the market share of various regions and the contribution of the segments.

• Impactful driver- Increased demand and enrollment
• Key Trend - Apps and wearables for virtual education
• Major Challenges - The high cost associated with virtual schools

 Market Segmentation

• By Application, the elementary schools segment will be significant during the forecast period. Technavio Research experts have provided more insights on the market share of segments - View a FREE Sample Report

FAQS

• How do the major trends impact the market?
• How big is the North America market?
• How do the key drivers and challenges impact the market?

Related Reports:
The India - preschool market size is estimated to grow at a CAGR of 8.49% between 2022 and 2027. The market size is forecast to increase by USD 34.65 million. The report includes historic market data from 2017 to 2021. It also extensively covers market segmentation by area (urban and rural) and age group (children aged 3-6 years and children aged below 3 years). Rising disposable income and positive economic growth is the key factor driving the growth of the market. 

The security in schools market size is estimated to grow at a CAGR of 6.57% between 2022 and 2027. The market size is forecast to increase by USD 3,429.97 million. This security in schools market report extensively covers market segmentation by application (elementary school and high schools), type (video surveillance, access control, fire protection, and others), and geography (North America, APAC, Europe, South America, and Middle East and Africa). Increasing concerns about student and staff safety is the key factor driving the growth of the market. 

TOC:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by Type

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio