Global Virtual Reality in Education Market: Introduction Virtual reality enables a user to communicate with a three-dimensional image or virtual world created by a machine. Virtual reality increases a student’s engagement. As a hands-on, engaging, immersive experience, it presents students with a new form of learning, providing exciting new opportunities they could not have encountered before. The effect of Corona virus has directly affected the development of the market. As a consequence of the corona virus lockout, the majority of classrooms, colleges and educational institutions closed, which directly hindered the demand for VR in the education sector. Get Sample Copy: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=76962 Global Virtual Reality in Education Market: Dynamics
Increasing adoption of virtual reality devices o
Earlier, adoption of virtual reality devices was low due to their prohibitive cost. However, adoption of virtual reality gear has improved owing to technical advances and economies of scale of major businesses. The growing affordability of virtual reality devices and applications is one of the key drivers of development for virtual reality in the education field. The production of consumer models of VR headphones, such as VR Cardboard by Google and GearVR by Samsung, which are integrated with smartphones, results in reduced price. In comparison, companies such as Oculus, HTC, and Sony have reduced the price of their VR devices. Affordability of VR hardware, combined with the emergence of easy-to-use content production tools, is projected to accelrate the VR market in the eduction sector
Grab an exclusive PDF Brochure of this report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=76962 North America Led the Global Market in 2019
Based on region, the global virtual reality in education market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
North America held a dominant share of the global virtual reality in education market in 2019. It is expected to continue its dominance throughout the forecast period. The U.S. and Canada are the major countries that drive the market in this region. Enhanced focus on the effectiveness of VR in the education industry, along with the advent of low-cost, reliable VR hardware, is expected to substantially fuel the growth of the virtual reality in education market in this region over the projected period.
The virtual reality in education market in Asia Pacific is expected to expand at the highest CAGR during the forecast period. China, India, and Japan are some of the major countries which drive the market in this region. Rising demand for advanced education programs in India, China, and Japan is likely to augment the market in the Asia Pacific region.
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Key Players Operating in the Global Market Key players operating in the global virtual reality in education market are listed below:
Alchemy Immersive
Avantis Systems Ltd.
EON Reality Inc.
Facebook Technologies, LLC.
HTC Corporation
RegattaVR
Samsung
Schell Games
Sony
Unimersiv
Veative Labs
Global Virtual Reality in Education Market: Research Scope Global Virtual Reality in Education Market, by Component
Hardware
Software
Services
Global Virtual Reality in Education Market, by Application
K-12
Higher Education
Vocational Training
Global Virtual Reality in Education Market, by Region
North America o
U.S.
o
Canada
o
Rest of North America
Europe o
Germany
o
France
o
U.K.
o
Italy
o
Spain
o
Russia
o
Rest of Europe
Asia Pacific o
China
o
Japan
o
India
o
Australia
o
Rest of Asia Pacific
South America o
Brazil
o
Rest of South America
Middle East & Africa o
GCC
o
South Africa
o
Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions. Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment. The following regional segments are covered comprehensively:
North America
Asia Pacific
Europe
Latin America
The Middle East and Africa
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