Virtual Charter Schools Market Segmentation:
Type Segment Analysis
For-Profit EMO segment is set to hold virtual charter schools market share of more than 55% by 2035. The segment growth can be attributed to the large number of students enrolling in for-profit EMO (Education Management Organizations). Moreover, for-profit EMO provides various online educational programs to corporates. Increasing adoption of for-profit EMO services in corporate and businesses boosts segment growth.
Additionally, on-profit EMO ensures the best learning experience for students and also pays more to teachers with specialized knowledge.
Application Segment Analysis
In virtual charter schools market, high schools segment is estimated to capture revenue share of over 53% by 2035. The segment growth can be attributed to the growing preference for virtual learning among students in high schools as it saves them time and helps them to focus on other extra-curricular activities.
According to a report published by the National Education Policy Center (NEPC) in 2019–2020, 477 full-time virtual schools enrolled 332,379 students. Moreover, many courses are not available in high school, which stimulates students to take up virtual courses. Additionally, the huge adoption of advanced technology by high schools boosts segment growth.
Our in-depth analysis of the global market includes the following segments:
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