Market Overview:
The global virtual schools market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The market growth is attributed to the increasing demand for online education and the growing popularity of virtual schools among students and parents. The for-profit EMO segment is expected to grow at a higher CAGR than the non-profit EMO segment during the forecast period. However, the non-profit EMO segment is expected to account for a larger share of the global virtual schools market in 2018. The elementary schools application segment is estimated to account for the largest share of the global virtual schools market in 2018, followed by middle schools and high schools segments respectively.
Product Definition:
A virtual school is a type of online education that delivers curriculum to students through the internet. It often operates as a full-time, online alternative to traditional brick-and-mortar schools.
For-profit EMO:
For-profit EMO is an alternative education model that provides online learning and teaching to students of all ages. It's primary goal is to provide quality virtual school education at a reasonable price. For-profit EMOs are also known as virtual schools or cyber schools, they offer educational services via the internet in contrast to conventional brick and mortar institutions.
Non-profit EMO:
Non-profit EMO is an organization that provides educational services to schools and other educational institutions. It helps them in providing technology, staffing, and other resources required for offering virtual learning environments. Non-profit EMOs can be either public or private entities; they offer their services at no charge or on a contract basis. They are usually formed by groups of parents who want to provide quality education for their children but do not have the necessary expertise or time to establish a school themselves.
Application Insights:
The global virtual schools market has been segmented into elementary schools, middle schools, high schools and adult education. The high school segment is expected to witness the highest growth over the forecast period owing to increasing student enrollment in secondary education programs. According to a study published by the National Center for Education Statistics (NCES), in 2017-18, 1.9 million students were enrolled in grades 7 through 12 across America; this number is expected to increase by about 1 million by 2019-20. This trend is projected to continue during the forecast period and may result in increased demand for online learning platforms over the next few years.
Adult education or lifelong learning programs are gaining popularity among individuals who have completed their formal schooling but still require specific professional knowledge or training related to a certain field of interest such as medicine, engineering etcetera In many countries like India.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing government initiatives and reforms for improving education infrastructure in developing countries of Asia Pacific, such as India and China. Moreover, rising disposable income levels are anticipated to contribute toward higher enrollment rates at virtual schools over the next eight years.
North America accounted for a significant share of global revenue owing to high demand from parents for better educational options beyond traditional brick-and-mortar schools. In addition, growing focus on providing quality education through innovative models is further expected to drive regional growth during the forecast period. For instance, K12 Inc., a U.S.-based provider of online learning programs has expanded its reach by opening offices in Canada and Mexico offering after-school programs that include classes like engineering design projects or robotics lessons among others; this initiative was taken due to increased demand from local students across these countries (K12 Inc., 2016).
Growth Factors:
- Increased demand for online education: Virtual schools are becoming increasingly popular as they offer students the flexibility to learn at their own pace and from anywhere in the world. According to a study by Global Industry Analysts, the global virtual school market is expected to grow at a CAGR of over 16% from 2016-2024.
- Rising number of virtual school providers: The proliferation of technology has made it easier for new players to enter the virtual schools market. This is resulting in increased competition, which is benefiting consumers through better services and lower prices.
- Growing acceptance of online learning: The traditional educational system is being challenged by online learning options such as virtual schools, which are seen as more convenient and affordable alternatives by many parents and students worldwide.
- Improved internet infrastructure: With advancements in internet infrastructure, including faster broadband speeds and wider availability of Wi-Fi hotspots, more people are now able to take advantage of virtual schooling options offered by various providers across the globe.. 5) Increasing focus on personalized learning: A growing number of educators are recognizing that one size does not fit all when it comes to education; hence there is an increasing focus on providing personalized learning experiences for students through tools such as adaptive courseware and individualized instruction
Scope Of The Report
Report Attributes
Report Details
Report Title
Virtual Schools Market Research Report
By Type
For-profit EMO, Non-profit EMO, Virtual School
By Application
Elementary Schools, Middle Schools, High Schools, Adult Education
By Companies
K12 Inc, Connections Academy, Mosaica Education, Pansophic Learning, Florida Virtual School (FLVS), Charter Schools USA, Lincoln Learning Solutions, Inspire Charter Schools, Abbotsford Virtual School, Alaska Virtual School, Basehor-Linwood Virtual School, Acklam Grange, Illinois Virtual School (IVS), Virtual High School(VHS), Aurora College, Wey Education Schools Trust, N High School, Beijing Changping School, Virtual School
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Virtual Schools Market Report Segments:
The global Virtual Schools market is segmented on the basis of:
Types
For-profit EMO, Non-profit EMO, Virtual School
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Elementary Schools, Middle Schools, High Schools, Adult Education
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- K12 Inc
- Connections Academy
- Mosaica Education
- Pansophic Learning
- Florida Virtual School (FLVS)
- Charter Schools USA
- Lincoln Learning Solutions
- Inspire Charter Schools
- Abbotsford Virtual School
- Alaska Virtual School
- Basehor-Linwood Virtual School
- Acklam Grange
- Illinois Virtual School (IVS)
- Virtual High School(VHS)
- Aurora College
- Wey Education Schools Trust
- N High School
- Beijing Changping School
- Virtual School
Highlights of The Virtual Schools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- For-profit EMO
- Non-profit EMO
- Virtual School
- By Application:
- Elementary Schools
- Middle Schools
- High Schools
- Adult Education
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Virtual Schools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Virtual Schools are online schools that allow students to attend from anywhere in the world. They offer a variety of programs, including traditional K-12 education as well as specialties such as engineering and medical sciences.
Some of the major players in the virtual schools market are K12 Inc, Connections Academy, Mosaica Education, Pansophic Learning, Florida Virtual School (FLVS), Charter Schools USA, Lincoln Learning Solutions, Inspire Charter Schools, Abbotsford Virtual School, Alaska Virtual School, Basehor-Linwood Virtual School, Acklam Grange, Illinois Virtual School (IVS), Virtual High School(VHS), Aurora College, Wey Education Schools Trust, N High School, Beijing Changping School, Virtual School.
The virtual schools market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Virtual Schools Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Virtual Schools Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Virtual Schools Market - Supply Chain
4.5. Global Virtual Schools Market Forecast
4.5.1. Virtual Schools Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Virtual Schools Market Size (000 Units) and Y-o-Y Growth
4.5.3. Virtual Schools Market Absolute $ Opportunity
5. Global Virtual Schools Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Virtual Schools Market Size and Volume Forecast by Type
5.3.1. For-profit EMO
5.3.2. Non-profit EMO
5.3.3. Virtual School
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Virtual Schools Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Virtual Schools Market Size and Volume Forecast by Application
6.3.1. Elementary Schools
6.3.2. Middle Schools
6.3.3. High Schools
6.3.4. Adult Education
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Virtual Schools Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Virtual Schools Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Virtual Schools Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Virtual Schools Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Virtual Schools Demand Share Forecast, 2019-2026
9. North America Virtual Schools Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Virtual Schools Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Virtual Schools Market Size and Volume Forecast by Application
9.4.1. Elementary Schools
9.4.2. Middle Schools
9.4.3. High Schools
9.4.4. Adult Education
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Virtual Schools Market Size and Volume Forecast by Type
9.7.1. For-profit EMO
9.7.2. Non-profit EMO
9.7.3. Virtual School
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Virtual Schools Demand Share Forecast, 2019-2026
10. Latin America Virtual Schools Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Virtual Schools Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Virtual Schools Market Size and Volume Forecast by Application
10.4.1. Elementary Schools
10.4.2. Middle Schools
10.4.3. High Schools
10.4.4. Adult Education
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Virtual Schools Market Size and Volume Forecast by Type
10.7.1. For-profit EMO
10.7.2. Non-profit EMO
10.7.3. Virtual School
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Virtual Schools Demand Share Forecast, 2019-2026
11. Europe Virtual Schools Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Virtual Schools Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Virtual Schools Market Size and Volume Forecast by Application
11.4.1. Elementary Schools
11.4.2. Middle Schools
11.4.3. High Schools
11.4.4. Adult Education
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Virtual Schools Market Size and Volume Forecast by Type
11.7.1. For-profit EMO
11.7.2. Non-profit EMO
11.7.3. Virtual School
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Virtual Schools Demand Share, 2019-2026
12. Asia Pacific Virtual Schools Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Virtual Schools Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Virtual Schools Market Size and Volume Forecast by Application
12.4.1. Elementary Schools
12.4.2. Middle Schools
12.4.3. High Schools
12.4.4. Adult Education
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Virtual Schools Market Size and Volume Forecast by Type
12.7.1. For-profit EMO
12.7.2. Non-profit EMO
12.7.3. Virtual School
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Virtual Schools Demand Share, 2019-2026
13. Middle East & Africa Virtual Schools Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Virtual Schools Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Virtual Schools Market Size and Volume Forecast by Application
13.4.1. Elementary Schools
13.4.2. Middle Schools
13.4.3. High Schools
13.4.4. Adult Education
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Virtual Schools Market Size and Volume Forecast by Type
13.7.1. For-profit EMO
13.7.2. Non-profit EMO
13.7.3. Virtual School
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Virtual Schools Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Virtual Schools Market: Market Share Analysis
14.2. Virtual Schools Distributors and Customers
14.3. Virtual Schools Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. K12 Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Connections Academy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mosaica Education
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pansophic Learning
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Florida Virtual School (FLVS)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Charter Schools USA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lincoln Learning Solutions
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Inspire Charter Schools
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Abbotsford Virtual School
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Alaska Virtual School
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Basehor-Linwood Virtual School
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Acklam Grange
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Illinois Virtual School (IVS)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Virtual High School(VHS)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Aurora College
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Wey Education Schools Trust
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. N High School
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Beijing Changping School
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Virtual School
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
