Continuous innovations in
VR/AR technologies and use of connected devices in virtual classrooms are
expected to drive the growth of global virtual classroom market
According to TechSci Research report, “Global Virtual Classroom Market, By Component, By Deployment Mode, ByUser Type, By Region, Competition, Forecast & Opportunities, 2025”, global virtual classroom market is expected to register significant growth during the forecast period. The acceptance of augmented reality or virtual reality for corporate training and development on a large scale is one of the major factors accounting for the growth of global virtual classroom market. More and more participation and engagement in learning is further expected to bode well for the growth of global virtual classroom market through the forecast years. In addition to this, ongoing continuous developments in VR/AR technologies is positively influencing the growth of global virtual classroom market. Moreover, the utilization of artificial intelligence as well as internet of things in education is making headway for the growth of global virtual classroom market across the globe. Along with this, various educational institutes provide subsidiary courses so that studies from remote locations can be done which is further anticipated to bolster the market growth until 2025. Moreover, rising social networking along with growing number of mobile phone users is also expected to augment the market growth in the forecast years. However, there are certain factors that might act as major impediments to the growth of global virtual classroom market during forecast period such as lack of resource and infrastructure in industries and limitation of industry standards.
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classroom market can be segmented based on component, deployment mode, user
type, company and region.
Considering the user type, the market is fragmented into academic institutions,
corporate and government. Among them, the academic institutes segment dominated
the global virtual classroom market until 2019 and is further anticipated to
maintain its dominance during the forecast period as well. The dominance is
accredited to developmental innovations in education technology undertaken by
the universities and educational institutes so that the students can evolve and
expand their presence at a global level and simultaneously to avoid campus
congestion. Along with this, implementation of virtual classrooms is a strategic
decision and a considerable part of the educational industry, because IT
spending is being utilized for these processes. Additionally, virtual classrooms deliver intellectually
satisfying learning experiences in higher education, thereby facilitate better
quality education. This is responsible for the growth of segment across the
Blackboard, Microsoft, IBM, Cisco, Dell, Oracle, HTC, Samsung Electronics,
Sony, Hitachi, Panasonic, Barco, LG Electronics, Edvance360, Electa
Communication, Braincerts, Skyprep, Impero Software, Sandvik Hyperion are among
others are the leading players operating in global virtual classroom market.
The players are adopting several growth strategies to enhance the market
scenario of virtual classroom. Other competitive strategies include mergers
& acquisitions to diversify their product portfolio in order to strengthen
their market position.
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America is forecast to dominate the global virtual classroom market during the
next 5 years on the account of presence of numerous prominent educational
institutions in the region providing quality education. Moreover, continuous technological
breakthroughs in AR/VR technologies are increasing the adoption of smart
education, which is boosting the market growth in North America. Asia-Pacific
is anticipated to register highest growth during the forecast period which can
be accredited to rise in adoption of virtual education in growing economies.”,
said Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Global Virtual Classroom Market Type, By Component, By Deployment Mode, By User Type, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global virtual classroom market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global virtual classroom market.