Virtual Charter Schools Market Analysis

By Type (For-Profit EMO, Non-Profit EMO)

For-Profit EMO segment is set to hold virtual charter schools market share of more than 55% by 2036. 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.

By Application (High Schools, Middle Schools, Elementary Schools, Adult Education)

In virtual charter schools market, high schools segment is estimated to capture revenue share of over 53% by 2036. 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:

Type	For-Profit EMO Non-Profit EMO
Application	High Schools Middle Schools Elementary Schools Adult Education

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of virtual charter schools was over USD 5.2 billion.

The market size for virtual charter schools is projected to cross USD 16.9 billion by the end of 2036 expanding at a CAGR of 15.8% during the forecast period i.e., between 2024-2036.

The major players in the market are Mosaica Education, Pansophic Learning, Nevada Virtual Charter School, Acklam Grange School, Florida Virtual School, Connections Academy, K12 Inc., Charter Schools USA, Illinois Virtual School, Abbotsford Virtual School, and others.

The type segment is anticipated to garner a share of 55% during 2024-2036.

The North American virtual charter schools sector is poised to hold a 47% share by the end of 2036.

Virtual Charter Schools Market Analysis