Technology

E-School Market Size to Grow USD 9204.3 Million by 2030 at a CAGR of 13% | Valuates Reports

Published

3 months ago

June 14, 2024

BANGALORE, India, June 14, 2024 /PRNewswire/ — E-School Market is Segmented by Type (For-profit EMO, Non-profit EMO), by Application (Elementary Schools, Middle Schools, High Schools, Adult Education).

The Global E-school market was valued at USD 3846 Million in 2023 and is anticipated to reach USD 9204.3 Million by 2030, witnessing a CAGR of 13.0% during the forecast period 2024-2030.

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Major Factors Driving the Growth of E-School Market:

The COVID-19 epidemic has expedited the widespread use of digital learning systems, which is driving the rapid growth of the e-School Market. There is now more money being invested in e-learning infrastructure and technologies due to the demand for adaptable, accessible educational solutions. To reduce the achievement gap, governments and academic institutions are also supporting online learning and digital literacy. Students may now access online courses more easily because of the widespread use of smart devices and the internet, which has created a global ecosystem for e-learning.

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TRENDS INFLUENCING THE GROWTH OF THE E-SCHOOL MARKET:

By offering specialized educational programs that are specifically designed to meet the needs of middle school students, for-profit Education Management Organizations (EMOs) are a major factor in the expansion of the e-School sector. These EMOs provide comprehensive learning experiences and rigorous academic programs through their well-structured and captivating online curricula, which are created to satisfy both state and federal educational standards. To keep students interested and motivated during the critical middle school years, their systems frequently include interactive components, gamification, and tailored learning paths. For-profit EMOs also make investments in top-notch materials, cutting-edge equipment, and qualified teachers in order to provide better learning results. High-quality education alternatives are provided by addressing the special educational and developmental needs of middle school children, which is driving the growth of the e-School sector.

The e-School market is expanding due to the efforts of non-profit Education Management Organizations (EMOs), that prioritize excellent education, equity, and accessibility for all students, irrespective of their socioeconomic status. These groups frequently use government subsidies and charitable donations to offer inexpensive or even free educational programs, lowering financial obstacles for families. Their primary objective is to produce online curriculum that are inclusive, of superior quality, cater to a wide range of learning requirements, and prioritize social-emotional learning, community participation, and holistic development. Non-profit EMOs increase e-Schools’ attractiveness and reach by supporting educational equity and making investments in cutting-edge instructional strategies and technological advancements. Due to its mission-driven approach, the e-School sector has experienced substantial development, drawing in a diverse variety of students and families who are looking for a meaningful, values-based education.

The e-School business is expanding significantly due in large part to the growing demand for flexible learning options. For many students and working professionals, traditional education institutions can be restrictive because they frequently call for certain schedules and physical presence. A wider range of people, including those juggling job, family, and other responsibilities, can now attend education thanks to e-schools, which provide the freedom to learn at their own speed and on their own time. The ability to reskill or upskill without having to quit their jobs is very enticing to adult learners. Accessing courses at any time and from any location encourages lifelong learning, which enables people to keep learning throughout their lives. One of the main factors propelling the growth of the e-School industry is this shift towards flexible learning alternatives.

Accessibility and affordability are two important reasons propelling the e-School market’s expansion. Considering that there are no costs associated with physical infrastructure, transportation, or printed materials, online education frequently turns out to be more economical than traditional learning. More people can now afford to attend high-quality education because of e-Schools’ ability to provide a wide selection of courses at reduced prices. Furthermore, e-Schools have the ability to reach kids in underprivileged or distant places where there may not be as many traditional educational institutions. e-Schools democratize education by lowering financial and geographic obstacles, giving more people access to educational possibilities. Parents and students are greatly encouraged by the greater accessibility and affordability, which is a major factor in the market’s expansion.

e-Schools’ growing popularity can be attributed in large part to personalized learning experiences. One-size-fits-all teaching methods are frequently used in traditional classrooms, which may not meet the unique needs of every student. On the other hand, e-School platforms may customize instructional materials to each student’s unique learning preferences, pace, and learning style using data analytics and artificial intelligence. By offering materials and learning paths that are specifically tailored to each student, this individualized approach improves retention, motivation, and engagement. By identifying problem areas and providing focused interventions, adaptive learning technology can guarantee a more successful learning process for pupils. Growth in the market is fueled by e-Schools’ capacity to offer customized learning experiences, which appeals to students looking for a more specialized education.

The expansion of the e-School business is significantly influenced by parental support and involvement. e-Schools frequently offer resources and interfaces that let parents get involved in their kids’ education. In order to support their child’s educational journey, parents can access resources, connect with teachers, and keep an eye on their progress. By being more open and involved, parents are able to actively participate in their child’s education and create a positive learning atmosphere at home. The adaptability of e-School programs also enables parents to better balance their obligations to their families with their children’s educational demands. Parents are drawn to online learning due to its convenience and the opportunity to be more active in their child’s education, which is driving the market’s expansion.

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E-SCHOOL MARKET SHARE

Key participants in global virtual schools include Florida Virtual School (FLVS), K12 Inc., and Connections Academy. Over 50% of the world’s top three manufacturers are held by them.

With a market share of around 90%, the United States is the largest market. China and Canada are next, with respective shares of roughly 5%.

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Key Companies

K12 IncConnections AcademyPansophic LearningFlorida Virtual School (FLVS)Charter Schools USALincoln Learning SolutionsInspire Charter SchoolsAbbotsford Virtual SchoolAlaska Virtual SchoolBasehor-Linwood Virtual SchoolAcklam GrangeIllinois Virtual School (IVS)Virtual High School(VHS)Aurora CollegeWey Education Schools TrustN High SchoolBeijing Changping School

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

– The global K12 Education Learning Management market size is projected to reach USD 3691.6 Million by 2028, from USD 1052.5 Million in 2021, at a Compound Annual Growth Rate (CAGR) of 19.4% during 2022-2028.

– Corporate Learning Management System (LMS) Market

– Corporate E learning market was valued at USD 22150 Million in 2023 and is anticipated to reach USD 46080 Million by 2030, witnessing a CAGR of 10.9% during the forecast period 2024-2030.

– Content Authoring Tools Market

– Cyber School market was valued at USD 3846 Million in 2023 and is anticipated to reach USD 4918 Million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.

– Virtual Schools Market revenue was USD 3846 Million in 2022 and is forecast to a readjusted size of USD 9136.6 Million by 2029 with a CAGR of 13.0% during the review period (2023-2029).

– Education ERP Market

– The global EdTech market size was valued at USD 85 Billion in 2021, it is expected to reach over 230 Billion U.S. dollars by 2028, growing at a CAGR of 15% during 2022-2028.

– The global back-to-school market size was valued at USD 66.1 Billion in 2020 and is projected to reach USD 131.1 Billion by 2030, registering a CAGR of 4.8% from 2021 to 2030.

– The Asia-Pacific back-to-school market size was valued at USD 26.3 Billion in 2020, and is projected to reach USD 58.2 Billion by 2030, registering a CAGR of 6.0% from 2021 to 2030.

– K-12 School Management System Market

– The global Learning Management System (LMS) market size is expected to reach USD 40360 Million by 2029, growing at a CAGR of 17.1% from 2023 to 2029.

– The global K12 Education Technology market was valued at USD 14810 Million in 2023 and is anticipated to reach USD 71820 Million by 2030, witnessing a CAGR of 25.0% during the forecast period 2024-2030.

– The global market for Online K-12 Education was estimated to be worth USD 7984 Million in 2023 and is forecast to a readjusted size of USD 12930 Million by 2030 with a CAGR of 8.3% during the forecast period 2024-2030.

– E-Learning VR Market

– Virtual Classroom market size is projected to reach USD 16020 Million by 2027, from USD 8602.8 Million in 2020, at a CAGR of 9.2% during 2021-2027.

– The global big data analytics in education market size was valued at USD 13.58 Billion in 2020 and is projected to reach USD 57.14 Billion by 2030 registering a CAGR of 15.3%.

– Corporate E learning market was valued at USD 22150 Million in 2023 and is anticipated to reach USD 46080 Million by 2030, witnessing a CAGR of 10.9% during the forecast period 2024-2030.

– K12 Online Tutoring Market

– K12 Tutoring market size is projected to reach USD 3619.8 Million by 2028, from USD 1052.5 Million in 2021, at a CAGR of 19.0% during 2022-2028.

– Online Tutoring market is projected to grow from USD 9548 Million in 2024 to USD 23020 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period.

– Blended E-learning Market

– Academic E-Learning Market

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SOURCE Valuates Reports

Technology

Supreme Court Justice Michelle O’Bonsawin Joins Elementary Students for Live Virtual Q&A and Chapter One Storybook Reading on Sep. 24

Published

6 mins ago

September 21, 2024

The Honourable Justice Michelle O’Bonsawin, the first Indigenous person appointed to the Supreme Court of Canada, will join elementary students in a live virtual Q&A on September 24, from 1:00-2:15 pm ET, following a reading of the children’s storybook, “Daanis the Judge.” This event is hosted by Chapter One, a children’s literacy charity, to commemorate the National Day for Truth and Reconciliation. Lawyer Victoria Perrie, writer of “Daanis the Judge,” will read aloud the inspiring story, which is based on Justice O’Bonsawin’s remarkable journey. Illustrator EJ Miller-Larson will join Justice O’Bonsawin and Perrie in a moderated Q&A session with over 1900 elementary students.

TORONTO, Sept. 21, 2024 /PRNewswire-PRWeb/ — The Honourable Justice Michelle O’Bonsawin, the first Indigenous person to be appointed to the Supreme Court of Canada, will join elementary students in a live virtual Q&A following a live online reading of the original children’s storybook “Daanis the Judge,” on September 24, from 1:00-2:15 pm ET. The event will be hosted by Chapter One to mark the National Day for Truth and Reconciliation. Chapter One is a children’s literacy charity that provides 1:1 high-impact reading tutoring and co-creates original storybooks with participating communities nationwide.

“I am very humbled and proud to be a part of the book, “Daanis the Judge.” My hope is that this book will inspire youth to dream big and know that anything is possible. I am evidence of that!” – Justice Michelle O’Bonsawin

Métis-Cree lawyer Victoria Perrie, who wrote “Daanis the Judge,” will lead the live reading. Students will ask questions during a moderated Q&A with Justice O’Bonsawin, Perrie, and illustrator EJ Miller-Larson, of the Fond du Lac Band and Oneida Nation.

“Daanis the Judge” was inspired by Justice O’Bonsawin’s trailblazing career. It tells the story of a young student, Daanis, who dreams of becoming a judge after learning about Justice O’Bonsawin’s achievements.

The story is part of Chapter One’s growing collection of original children’s e-storybooks, co-created with Indigenous writers, illustrators and communities. The e-storybooks celebrate Indigenous experiences and perspectives, and feature audio clips of Elders pronouncing foundational words in their communities’ first languages. All e-storybooks are provided for free through the Global Free Library.

About Chapter One

Chapter One (chapterone.org/ca) is a global nonprofit and registered Canadian charity that provides one-on-one early literacy tutoring programs to 2,300 children in eight provinces and territories across Canada. Its proven “short burst” high-impact tutoring approach—five-minute sessions, three to five times a week—is ideally suited to young children’s attention spans and aligns with the Science of Reading. In one of the largest randomized control trials conducted on early literacy instruction, researchers from Stanford University found that 7 out of 10 students receiving Chapter One high impact tutoring achieved phonics benchmarks by the end of Kindergarten, compared to 32% in the control group.

Children at risk of reading failure receive 1:1 reading support from trained, paid paraprofessional tutors through Chapter One’s online reading platform and custom software. Programs are delivered in-person and virtually in classrooms through agreements with schools and school boards, and at home on families’ smartphones, connecting struggling readers with individualized reading support—regardless of location and circumstance, even in some of the most geographically remote communities in Canada.

In addition to its tutoring programs, Chapter One collaborates with Indigenous communities to co-create children’s stories that represent the communities’ priorities and experiences and advance language revitalization efforts. The e-storybooks are provided for free online, as part of the Global Free Library.

Event details

The Live Virtual Q&A and Reading of “Daanis the Judge” with the Honourable Justice O’Bonsawin takes place on Tuesday, September 24, from 1:00-2:15 pm ET via Zoom. The event is open to elementary classes (Grades 1-6). Teachers/principals must register their classes in advance using this link.

Media Contact

Denise Orosa, Chapter One Canada, 1 4374224825, denise.orosa@chapterone.org, chapterone.org/ca

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SOURCE Chapter One Canada

Technology

PEAC Institute Launches “24 Hour Pause for Peace: A Global Concert”

Published

2 hours ago

September 21, 2024

24 Hour Pause for Peace Will Be the Largest Peace Initiative Ever Worldwide, Unifying 96 Countries on Six Continents Through Music

MONTCLAIR, N.J., Sept. 21, 2024 /PRNewswire-PRWeb/ — On this International Day of Peace, PEAC Institute, part of the 2017 Nobel Peace Prize winning team, has launched “24 Hour Pause for Peace: A Global Concert,” the largest peace initiative ever organized worldwide through music.

“Now, we need companies, government entities, other nonprofits and donors who care about our cause for peace to join us in lifting up the biggest event of this generation.”

On October 4, 2025, this ground-breaking program will activate a massive network of youth ensembles that spans 96 countries and territories across six continents and host two 24-hour commercial festivals featuring some of the biggest acts in music and entertainment. This extraordinary day-long event will be live-streamed globally, allowing millions to participate simultaneously.

“It has been 40 years since Live Aid and We Are the World historically unified and changed the world through music,” said Rebecca Irby, president and CEO of PEAC Institute. “With our planet riddled with post-pandemic fatigue, climate chaos, unsettling wars and more, we believe it is time to create a new trajectory for humanity by inviting everyone around the globe to a 24 hour pause for peace to enjoy the sounds of music and feel the transformative power of human connection,” Irby explained.

Additionally, 24 Hour Pause for Peace plans to amass more than 100 million ambassadors to sign an appeal to the United Nations calling for a 24 hour ceasefire during the children’s concerts and commercial music events. All countries are welcome to participate with no exceptions. One of Pause for Peace’s core beliefs is everyone has the right to be equally respected and heard, particularly in collectively calling for peace.

“Achieving this ambitious global endeavor requires the support and participation from the most impactful brands, organizations, and influential leaders, artists and celebrities,” said Jennifer McKenna, 24 Hour Pause for Peace CEO.

Pause for Peace is a $165 million global initiative. Currently, it is in its first phase of raising seed capital through consumer brand-aligned sponsorships and private donors. Funding for the program is tax-deductible through PEAC’s 501(c)(3) status.

“We have assembled an exceptional executive team of change agents in entertainment, production, consumer marketing, charitable development and global security to make this extraordinary, worldwide peace event happen.” McKenna added. “Now, we need companies, government entities, other nonprofits and donors who care about our cause for peace to join us in lifting up the biggest event of this generation.” To become involved in 24 Hour Pause for Peace: A Global Concert as a sponsor, partner or donor, sign up to be an Ambassador, or for more information, go to www.24hourpauseforpeace.org.

About PEAC Institute

PEAC Institute is a 501(c)(3) nonprofit organization based in the United States. PEAC stands for peace, education, art and communication. It was formed in 2016 through a campaign with partner organization, International Campaign to Abolish Nuclear Weapons (ICAN), which garnered a 2017 Nobel Peace Prize. PEAC now holds special consultative status with the Economic and Social Council of the United Nations and has a global presence working with countries and territories worldwide to reach the most marginalized youth through art and communication activities to help them explore and express. For more information on PEAC Institute, go to www.peacinstitute.org.

Media Contact

Chadwick Boyd, Pause for Peace, 1 4046060611, chadwick@24hourpauseforpeace.org, www.24hourpauseforpeace.org

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SOURCE Pause for Peace

Technology

Global Times: China opens 12 nuclear research facilities to global scientists

Published

3 hours ago

September 21, 2024

The involved facilities span areas such as basic nuclear research, isotope production, nuclear environment simulation, equipment testing, and radioactive waste treatment and disposal.

VIENNA, Sept. 21, 2024 /PRNewswire/ — China will open 12 nuclear research facilities and testing platforms to international scientists and institutions to enhance global cooperation, a senior Chinese official said here on Monday.

These include the China Advanced Research Reactor, the new-generation tokamak device Huanliu-3, and the Beishan Underground Research Laboratory, Liu Jing, vice chairman of the China Atomic Energy Authority (CAEA), said at a meeting on the sidelines of the International Atomic Energy Agency’s (IAEA) annual general conference.

The facilities span areas such as basic nuclear research, isotope production, nuclear environment simulation, equipment testing, and radioactive waste treatment and disposal.

Monday’s meeting, themed “Share for Development,” was organized by the CAEA to promote international cooperation in nuclear technology research and development, as China marks the 40th anniversary of its accession to the IAEA.

Yu Jianfeng, chairman of China National Nuclear Corporation, said at the event that the company aims to deepen cooperation with the IAEA and expand international collaboration. He expressed hope that opening China’s nuclear research facilities will contribute to advancing nuclear technology globally.

IAEA’s Deputy Director General Mikhail Chudakov commended China’s remarkable achievements in nuclear energy development and highlighted the long-standing, fruitful relationship between the IAEA and the CAEA.

Welcoming China’s decision to open up more of its nuclear research and development facilities, Chudakov said the move will further strengthen the agency’s technical capacity to support its member states.

On Monday evening, the CAEA and China’s permanent mission to the United Nations (UN) and other international organizations in Vienna jointly held a reception at the UN headquarters in Vienna to celebrate the 40th anniversary of China’s accession to the IAEA. More than 200 participants, including IAEA representatives and foreign envoys to Vienna, attended the event.

Li Song, China’s permanent representative to the UN and other international organizations in Vienna, said at the reception that China and the IAEA have expanded practical cooperation and jointly promoted the development of nuclear energy over the past 40 years.

China, he said, will continue to strengthen collaboration with the IAEA and its member states to address emerging challenges in international security, safeguard the global non-proliferation regime, and promote the use of nuclear energy and technology for the benefit of the Global South.

At the reception, Liu, Li and IAEA Director General Rafael Grossi jointly unveiled a bronze statue of Qian Sanqiang, a renowned Chinese nuclear physicist and one of the founders of China’s nuclear industry.

The statue, donated by China, will be permanently displayed at the IAEA headquarters, alongside sculptures of Polish-French physicist Marie Curie and other prominent figures who have made significant contributions to the peaceful use of nuclear energy.

Contact: xutianshu@globaltimes.com.cn

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SOURCE Global Times