Educational Technology

March 16, 2017

Virtual Schools Market in North America Expected to Grow 13% by 2021

Filed under: Educational Technology — admin @ 12:38 am

By Richard Chang, THE Journal

The virtual schools market in North America is expected to grow at a compound annual growth rate of almost 13 percent from 2017 to 2021, according to a new report by market research firm Technavio. The report states that Technavio analysts forecast the virtual schools market in North America to grow to more than 1 billion enrollments by 2021, though there are fewer than 1 billion people residing in the United States and Canada, the researched countries. Technavio analysts provide the following three factors that are contributing to the growth of the virtual schools market in North America:

Increase in online content development and digitization;

Demand for cloud-based e-learning; and

Rise in custom learning methods.

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