Virtual Classroom Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027

The global virtual classroom market is expected to grow from an initial projected value of $9.91 billion in 2018 to an expected value of $3151 billion in 2026, recording a CAGR of 16% over the forecast period 2021-2027. Increasing demand for connected devices is a major driver of this market growth.

The continued innovation of virtual classrooms and the increasing adoption of virtual classrooms in corporate education and development are key factors driving the growth of the virtual classroom market. Additionally, the growing number of mobile learning applications and expertise in technology and digital learning will drive the growth of the virtual classroom market. However, the industry's lack of resources and infrastructure and the lack of industry standards hinder the growth of the virtual classroom market. In addition, the adoption of new technologies such as machine learning and AI in virtual classrooms, and the emergence of blended learning technologies in virtual classrooms is expected to present significant opportunities in the virtual classroom market.

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Virtual Classroom Market Segments:

By Component

• Solution
• Hardware
• Services

By Deployment Mode

• On-premise
• Cloud

By Organization Size

• Large Organization
• Small & Medium Organization

By End-User

• Academic Institutions
• Corporates

Company Names

• IBM Corporation
• Microsoft Corporation
• Oracle Corporation
• Cisco System Inc.
• Saba Software.
• Google (Alphabet Inc.)
• Panasonic Corporation
• Hitachi, Ltd.
• Sony Corporation.
• Blackboard Inc.

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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Virtual Classroom Market Report

• What was the Virtual Classroom Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Virtual Classroom Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Virtual Classroom Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.