The Virtual Schools Market Is Predicted to Progress at an Astounding CAGR of Nearly 11% Through 2031

The global virtual schools market and has predicted it to evolve at a stellar CAGR of around 11% over the decade. This new virtual schools market report is equipped with all the essential information about the opportunities, risks, threats, and other factors required to make informed business decisions. Market revenue totalled an estimated US$ 2.5 Bn in the year 2020. Demand for virtual schools in China is expected to increase rapidly at an impressive CAGR of nearly 15% through 2031.
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Taxonomy of Virtual Schools Industry Report
By Type:
• Private EMOs
• Non-profit EMOs
By End-Use:
• 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

Key Takeaways from Market Study

Global virtual school's industry predicted to evolve at an impressive CAGR of nearly 11% over the decade. Demand for virtual schools increased exponentially with the onset of the COVID-19 pandemic. Increased demand for distance education, growing online content development, and surging digitalization are major factors promoting the growth of this industry.
Demand for virtual schools in China is expected to rise at a high CAGR of nearly 15% through 2031.
"Wide scope of learning with flexibility and ease is a major feature of virtual education, which it is expected to grow in popularity as technology and awareness advances even more over the coming years," says a Fact.MR analyst.

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Competitive Landscape

Prime providers of virtual schools such as Basehor-Linwood Virtual School, Virtual High School, Pansophic Learning, Florida Virtual School, K12 Inc. Connections Education, Abbotsford Virtual School, Lincoln Learning Solutions, etc., have been mentioned in this new survey analysis by Fact.MR.
Some market developments include:
A Chicago-based instruction technology firm, Elevate K-12, is partnering with district schools in the U.S. and will provide virtual learning from grade 6 to grade 12. This offering is common to all states in the U.S. in core as well as elective subjects.
In April 2021, BYJU'S, a renowned edtech company, launched its live one-on-one learning platform named BYJU'S Future School. This is an attempt from the firm to move towards a more active and interactive learning approach.

Key companies profiled:
• Florida Virtual School
• K12 Inc.
• Connections Education
• Abbotsford Virtual School
• Lincoln Learning Solutions

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Key Insights Covered in Virtual Schools Industry Survey:

• Market Estimates and Forecasts (2016-2031)
• Virtual Schools Market Revenue 2021
• Market Size of Virtual Schools market in 2021
• Virtual Schools Market Share 2021
• Key Drivers and Restraints Shaping Market Growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Leading Export - Import Destinations
• Global Virtual Schools Market Development Strategy
• Analysis of Top Vendors in the Virtual schools Market
• COVID-19 Impact on Virtual Schools and How to Navigate
• Recommendation on Key Winning Strategies

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