North American Virtual Schools Market 2021-2025; Descriptive analysis of the five forces model, market dynamics, and segmentation

New YorkAnd January 23, 2023 /PRNewswire/ — According to Technavio, the The virtual school market size is in North Amarica is estimated to grow by 294.17 million US dollars From 2020 to 2025. However, the growth momentum will slow at a Compound annual growth rate of 4.78% during the forecast period. The United States accounted for the largest share of the market in 2022, and it is estimated that the market in the region is witnessing an incremental growth of 65%. The competitive scenario ranks companies based on various performance indicators. Some of the factors considered include companies financial performance, growth strategies, product innovations, new product launches, investments, growth in market share, among others. – Buy the report!

Virtual School Market in North Amarica Five forces
Cloud Data Warehouses Market Segmentation, Five Forces Analysis Covers –

• The bargaining power of buyers
• Threat of newcomers
• The threat of competition
• The bargaining power of suppliers
• threat of alternatives
• Interpretation of Porter’s 5 Models helps in devising business strategy, for full details –Request a sample report

Virtual School Market in North Amarica Customer perspective

The report includes the market adoption life cycle, from the innovator stage to the late stage. Focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchasing criteria and price sensitivity drivers to help companies evaluate and develop growth strategies.

Virtual School Market in North Amarica Division evaluation

Sector overview
Technavio has segmented the market on the basis of ownership (private and NPI) and geography (United States and Canada).

• The market growth will be significant in the private sector during the forecast period. This sector is driven by the high enrollment rate in private education administration institutions.

Geography overview
By geography, the virtual school market is at North Amarica Divided into the United States and Canada. The report provides actionable insights and estimates the contribution of all regions to the growth of the Virtual Schools market in North Amarica.

• The US will account for 65% of the market growth over the forecast period. Educational institutions in the United States are increasingly adopting e-learning. This leads to the need to develop online courses and web-based learning platforms, which leads to the growth of the regional market.

Download a report template

Virtual School Market in North Amarica – Market dynamics

The main factor driving market growth

• The market is driven by the need for a cost-effective educational model.
• Virtual schools serve as a cost-effective option for both students and educational institutions.
• Adopting a cloud-based LMS reduces the cost of creating, managing, storing, and delivering content to learners.
• Learning management systems reduce dependence on major publishers and help faculty members create and manage diverse interactive content for students.
• The higher propensity towards online learning has led to an increase in the offering of affordable online courses by vendors.

Leading trends affecting the market

• The emergence of mobile learning has been identified as the main trend in the market.
• The expansion of the number of tech-savvy students has made mobile devices prevalent in the education industry.
• Hence, many vendors are emphasizing the development of online learning content that can be accessed through mobile devices.
• The increasing adoption of mobile devices among students and educational institutions also encourages market players to provide customized and flexible educational options.

Major challenges hinder market growth

• One of the major challenges in the market is the increase of open source learning content.
• Market vendors are facing a huge threat from open source solutions such as MOOCs, which are becoming popular.
• Several MOOC vendors offer free courses to K-12 students in various subjects, including math, biology, and physics.
• These courses can be accessed via mobile devices such as smartphones, tablets or laptops.
• Thus, for some online courses, users prefer to enroll in the relevant open source course and access publications that can be downloaded for free online.

The driver, trend and challenges are the factors of market dynamics that stipulate the results and sustainability of the business. Find some insights from the sample report!

What key data does the North America Virtual Schools market report cover?

• The compound annual growth rate of the market over the forecast period
• Detailed information on the factors that will drive the growth of the Virtual Schools Market between 2021 and 2025
• Accurate estimation of the virtual school market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behaviour
• The growth of the virtual school market across the United States and Canada
• Comprehensive analysis of the competitive landscape of the market and detailed information on vendors
• Exhaustive analysis of factors that will challenge the growth of the Virtual School Market vendors

Get instant access to over 17,000 market research reports.
Technavio subscription platform

Related reports:

• the Academic e-learning market It is expected to grow at a CAGR of 17.5% between 2022 and 2027. The market size is expected to increase by 147.89 billion US dollars. The launch of new online degrees significantly drives market growth, although factors such as high development costs associated with e-learning courses may hinder market growth.
• the Mixed reality in the education sector market It is expected to grow at a CAGR of 72.49% between 2022 and 2027. The market size is expected to increase by One thousand US dollars. 250,820.83. Significant increase in the number of MR classrooms leads to the growth of the market, although factors such as increase in the number of alternatives may hinder the growth of the market.

table of contents:

Executive summary

Market view

• market ecosystem
• Value chain analysis

market sizing

• Market definition
• Market segment analysis
• market size 2020
• Market forecast: forecasts for 2020 – 2025

Five forces analysis

• The bargaining power of buyers
• The bargaining power of suppliers
• Threat of newcomers
• threat of alternatives
• The threat of competition
• market condition

Market segmentation by ownership

• market segments
• Comparison by ownership
• Special – Market Size and Forecast for 2020-2025
• NPI – Market Size and Forecast for 2020-2025
• Market opportunity by property

customer scene

geographical landscape

• Geographic segmentation
• geographical comparison
• United States – Market Size and Forecast for 2020-2025
• Canada – Market size and forecast for the year 2020-2025
• Market opportunity by geography
• Market drivers
• Market challenges
• market trends

Landscape seller

• landscaping seller
• landscape disturbance

Vendor analysis

• Sellers covered
• Market position for sellers
• Abbotsford Virtual School
• Bashore Linwood Virtual School
• Charter Schools United States of America
• Florida Virtual School
• Energizer
• Lincoln Learning Solutions
• Mosaic Education Inc.
• Panosophic Learning
• Pearson plc
• stride company

trailing

• Report scope
• Currency conversion rates for US dollars
• Research Methodology
• List of Abbreviations

about us
Technavio is a leading technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With more than 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning 50 countries. Their client base consists of organizations 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 current and potential markets and assess their competitive positions in changing market scenarios. .

Contact
Technavio Research
Jesse Maeda
Marketing and media executive
United States: +1 844 364 1100
United Kingdom: +44 203 893 3200
e-mail: [email protected]
website: www.technavio.com/

Source Technavio