Press release
E-Learning Virtual Reality Market 2018 Global Leaders: Curiscope, Zspace, Nearpod, Eon Reality, Schell Games, Gamar, Oculus Vr, Thing link
E-Learning Virtual Reality Market - Overview
E-Learning Virtual Reality or e-Learning with VR Technology is not a new thing. VR technology transforming everything & everybody coming across entered into Education & Training & Development (T&D) sectors long ago. And then transforming these sectors by taking its stride, VR, completely changed the perception of learning & development.
Creating innovative & effective simulations, VR presented the learners with training solutions that gave them a powerful sense of presence in the virtual environment & convinced them that learning with VR is absolutely the most immersive experience ever. This has resultantly augmented the uptake of E-Learning Virtual Reality worldwide, escalating its market to extensive heights on the global platform.
Acknowledging the phenomenal accruals the E-Learning Virtual Reality Market is garnering and the growth prospects the market is demonstrating globally; Market Research Future (MRFR) recently published a meticulous study report. In its Analysis, MRFR asserts that the Global E-Learning Virtual Reality Market is projected to grow up to USD ~ 339 Million by 2023, registering a massive CAGR of 42 % during 2017 and 2023.
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Augmented uptake of eLearning Virtual Reality systems worldwide, has encouraged huge investments across industries & corporate sectors for L&D and training purposes for both, hard and soft skills. This, in turn, has helped to increase the market growth. Other factors contributing to the growth of the e-learning virtual reality market include increasing urbanization, population, technological advancements & improving economy worldwide.
Increasing demand for distance education coupled with the government initiatives, introducing smart education programs worldwide is providing impetus to the market growth to an extent. Collaborations between hardware vendors and educational content providers are contributing to the growth of the e-learning virtual reality market. Moreover, the market proliferation of handheld devices and increasing demand by corporates for employee training programs are propelling the market growth.
On the other hand, imposed stringent regulations & policies along with the data storage issues are expected to hinder the market growth slightly. Conversely, the huge demand for training & development programs, especially from corporate sectors are expected to boost the growth of eLearning Virtual Reality market during the forecast period (2017 – 2023)
Key Players:
The key players in the global e-learning virtual reality market include- Immersive Vr Education (Ireland), Oculus Vr (U.S.), Google Inc. (U.S.), Zspace, Inc. (U.S.), Curiscope (U.K.), Nearpod (U.S.), Eon Reality Inc (U.S.), Schell Games (U.S.) ,Gamar (U.S.) and Thing link (Finland) among others.
E-learning Virtual Reality Market Global Market - Segmentation:
• Segmentation by Hardware: Computers, Mobiles, Consoles, and Others
• Segmentation by Software: SDK Kits, Cloud based Solutions
• Segmentation by Services: Virtual reality Training, tailor mode Learning, Games for E-learning, Mobile Learning, Public Speaking VR Simulations and E Learning Tools.
• Segmentation by Technology: Head Mount, Gesture Control Projectors, Non Immersive Technology, Semi Immersive, and Fully Immersive.
• Segmentation by End User: Academic Institutions and Corporate.
• Segmentation by Region: North America, Europe, Asia Pacific, Rest of the World.
E-learning Virtual Reality Market Global Market - Regional Analysis:
North America is expected to dominate the global E-learning virtual reality market with the largest market share in the region. This is attributed to early adoption of advanced virtual reality technology and growing number of solution providers. The U.S and Canada are the leading countries in the North America region. Asia Pacific region is expected to have the significant growth over the forecast period due to rapid increase number of academic institutions and greater adoption of technology based teaching infrastructure. Furthermore, China, Republic of Korea, and Japan are the prominent countries leading in the Asia Pacific region. Additionally, Europe is expected to have substantial growth of the E-learning virtual reality market owing to advanced technological infrastructure in the region.
Industry/Innovation/ Related News:
March 27, 2018 – Yardi Software (US) a global software provider company launched its eLearning Virtual Reality Training Content. With the new content, learners without having the specialized hardware can use immersive training on any web-connected device.
March 08, 2018 – Honeywell International Inc. (US) a leading multinational conglomerate company producing a variety of commercial and consumer products, from engineering services to aerospace systems announced its plans to train its industrial employees (factory workers) to help close the skills' gap with AR/VR simulator based on Microsoft HoloLens.
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Intended Audience
• Device manufacturers
• Network Operators
• Distributors
• Suppliers
• Research firms
• Software Developers
• Commercial Banks
• Vendors
• Government Agencies
• Vendors
• End-user sectors
• Technology Investors
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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