Virtual Charter Schools Market size was over USD 5.2 Billion in 2023 and is expected to exceed USD 16.9 Billion by the end of 2036, witnessing over 15.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of virtual charter schools is evaluated at USD 6.4 Billion.
The market growth is attributed to the growing awareness about the benefits of online education and the increasing number of internet users. According to our analysts, a total of 5.44 billion people worldwide were using the Internet at the start of April 2024. Furthermore, virtual charter schools provide accessibility in remote areas and ensure flexibility in learning from the comfort of home.
Author Credits: Abhishek Verma
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