Virtual Schools Market Trends 2021 in North America

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A virtual school operates on an online learning platform and offers courses pertaining to various fields entirely through digital methodologies. These schools provide students an opportunity to learn at home from certified teachers and using a core curriculum. They also help them earn credits in the desired field, which can be cited when applying for admission to higher education.
Although the concept of virtual schools is relatively new in the education industry, it is gaining popularity at a great pace and has become one of the fastest growing education opportunities in the K-12 segment. More than 40 states in the US have developed virtual schooling facilities through a mix of public initiatives and private funding. These schools offer diverse course curriculum at a fee that is relatively lesser when compared to traditional institutions.

Publisher’s analysts forecast the virtual schools market in North America to grow at a CAGR of 12.82% during the period 2017-2021.

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The rise in custom learning methods is noted as one of the primary drivers for this market. The target audience for the virtual school concept are the parents with hectic schedules, people with a high mobility career, and children of families that are unable to admit their kids into normal schooling due to various issues like lifestyle, place, and time zone difficulties. Furthermore, the availability of a number of courses and flexible timing options that is the core strength for virtual schools will also significantly boost the growth of the market.

Key vendors
– Connections Education
– K12 Inc.
– Mosaica Education
– White Hat Management

Other prominent vendors
– Abbotsford Virtual School
– Alaska Virtual School
– Basehor-Linwood Virtual School

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Market driver
– Increase in online content development and digitalization

Market challenge
– Rise in non-profit institutions

Market trend
– Increased demand for distance learning

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

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Key questions answered in this report
– What will the market size be in 2021 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors?

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