Global Online Summer Camp Market Overview:
The global online summer camp market is expected to witness the rise due to the growing digitalization worldwide, demand for building new skills along with studies. The consumption of online summer camp is increasing among the kids and teenagers due to the lockdown environment around the globe and emerging enrollment by adults for online summer camp is contributing to the market. The online summer camp involves the learning of new skills through online brainstorming activities, games, creative courses, and various other types of courses
Growth Drivers
- Increased Digitalisation Across the World
- The Summer Camps in Demand Because of Easy Access to Acquire New
- Skills
Roadblocks
- There is no Physical activity Involved which is Also Necessary for Overall Development of Kids and Teenagers
Opportunities
- Increasing Spendings of Parent in Online Summer Camps for their Kids
- Online Promotion and Marketing will Boost the Online Summer Camp Market
Challenges
- Technical Issues Associated with Online Summer Camp Might Hinder the Market
Competitive Landscape:
Some of the key players profiled in the report are iD Tech Camps (United States), Camp Google (United States), Camp Wonderopolis (United States), ActivityHero, Inc. (United States), Camp Galileo (United States), Camp America (AIFS UK Ltd) (United Kingdom), Make Community LLC (Make Camp) (United States), Connected Camps (United States) and InterExchange, Inc. (United States). Considering Market by Platform, the sub-segment i.e. Laptops will boost the Online Summer Camp market. Considering Market by Deployment, the sub-segment i.e. Web-based will boost the Online Summer Camp market. Considering Market by End User, the sub-segment i.e. Kids will boost the Online Summer Camp market.
On 18th March 2020, iD Tech Camps announced the offerings for increased demand for virtual tech education filling void with schools closed. It is offering a new suite of virtual online education experiences in real-time.
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What Can be Explored with the Online Summer Camp Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Online Summer Camp Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Online Summer Camp
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Online Summer Camp market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Online Summer Camp market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Online Summer Camp Provider, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.