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VR in Education Market – Major Technology Giants in Buzz Again | Alchemy VR, ZEISS, Discovery Communications, Cinoptics

Stay up-to-date with VR in Education Market research offered by AMA. Check how key trends and emerging drivers are shaping this industry growth.
Published 29 August 2023

The latest study released on the Global VR in Education Market by AMA Research evaluates market size, trend, and forecast to 2030. The VR in Education market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Key Players in This Report Include: Oculus VR (United States), Google (United States), Alchemy VR (United Kingdom), Discovery Communications (United States), Cinoptics (The Netherlands), EPSON (Japan), HTC (Taiwan), Sony (Japan), FOVE (United States), LG Electronics (South Korea), Homido (France), Samsung Electronics (South Korea), ZEISS (Germany).

Definition: Virtual Reality uses environments and scenes which are completely computer-generated based on realistic scenarios. In today’s education system Virtual reality add-on the ability with more fun and engaging. Artificial Intelligence continuously expands in education application development. According to an AMA study, near about USD 6 billion estimated spending annually on augmented and virtual reality technologies by FY 2023. Along with that Virtual Reality offers new and innovative ways to train new and existing employees in an organization. This mesmerizing, interactive and user-friendly technology has implemented across organisations as executives realize the potential of the technology to enhance the training and learning initiatives. For instance, in 2000 the total enrolment of higher education institutions worldwide was around 100 million, more than the global enrolment as recorded at the beginning of the 20th century. As in market situation of COVID 19 traditional learning method is highly affected and demands virtual education at a higher rate. As before this coronavirus outbreak the United States home school market was near around USD 2.5 million. And at this social distancing state, the global VR in education market is going to boom at the high growth level across the globe. Apart from that many companies have announced the launch of various virtual reality applications for hand hygiene education. This growth is primarily driven by Rapid Change in the Education Sector, Rising social distancing, The Outburst of Literature on Education, Learning, and Valuation in Higher Education and Increasing Adoption of E-Learning.

Market Opportunities:

Strong Opportunity in Developing Nations, Such as Kenya, Have Greatly Experienced an Increase in Demand for Higher Education.

Market Trends:

Innovation Technologies in Multimedia/Hypermedia

Rising education efficacy, retention, and increasing engagement among education centers and technology providers

Market Drivers:

Increasing Adoption of E-Learning

Rising social distancing

The Outburst of Literature on Education, Learning, and Valuation in Higher Education

The Global VR in Education Market segments and Market Data Break Down are illuminated below: by Application (Schools, Institutes, Business Organization), Devices (Smartboard, Projector, Laptop, Mobile Phones), Virtual Reality (Window on World, Immersive System, Telepresence, Mixed Reality)

Global VR in Education market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

North America (United States, Mexico & Canada)

South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report

-To carefully analyze and forecast the size of the VR in Education market by value and volume.

-To estimate the market shares of major segments of the VR in Education

-To showcase the development of the VR in Education market in different parts of the world.

-To analyze and study micro-markets in terms of their contributions to the VR in Education market, their prospects, and individual growth trends.

-To offer precise and useful details about factors affecting the growth of the VR in Education  

-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the VR in Education market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:

VR in Education Market Study Coverage:

It includes major manufacturers, emerging player’s growth story, and major business segments of VR in Education market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.

VR in Education Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.

VR in Education Market Production by Region VR in Education Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in VR in Education Market Report:

VR in Education Overview, Definition and Classification Market drivers and barriers

VR in Education Market Competition by Manufacturers

VR in Education Capacity, Production, Revenue (Value) by Region (2023-2028)

VR in Education Supply (Production), Consumption, Export, Import by Region (2023-2028)

VR in Education Production, Revenue (Value), Price Trend by Type

VR in Education Market Analysis by Application {Schools, Institutes, Business Organization}

VR in Education Manufacturers Profiles/Analysis VR in Education Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing

Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered

How feasible is VR in Education market for long-term investment?

What are influencing factors driving the demand for VR in Education near future?

What is the impact analysis of various factors in the Global VR in Education market growth?

What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

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