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Virtual Reality In Education Market Report 2023-2032: Competitive Landscape, Business Outlook, Industry Insights And Major Players | Google, Microsoft Corporation, Facebook Technologies LLC, IBM Corporation, HTC Corporation
Virtual Reality In Education Market
The Business Research Company's Virtual Reality In Education Global Market Report 2023 identifies The increasing internet penetration as the major driver for the Virtual Reality In Education Market's growth in the forecast period. The internet plays a crucial role in people's lives today as a large portion of the population's lives are immersed in digital technology. The internet has become an effective platform for conducting virtual courses due to its consistent interface, lower connection cost, and universal appeal.
The global virtual reality in education market size will grow from $8.67 billion in 2022 to $11.95 billion in 2023 at a compound annual growth rate (CAGR) of 37.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the virtual reality in education is expected to grow to $46.14 billion in 2027 at a CAGR of 40.2%.
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Major competitors in the virtual reality in education market are Google, Microsoft Corporation, Facebook Technologies LLC, IBM Corporation, HTC Corporation, Unimersiv, Samsung, Lenovo Group Limited, Sony Corporation, Alchemy Immersive, Avantis Systems Ltd., Veative Labs Pvt. Ltd., VR Education Holdings, Cyberith, Sixense Enterprises Inc., Vuzix, and Schell Games.
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The Virtual Reality In Education Market is segmented -
By Component: Hardware, Solutions and Software
By Deployment: Cloud, On-Premises
By Application: Residential, Academic And Training Institutions, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Virtual Reality In Education Market.
The Business Research Company's "Global Virtual Reality In Education Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Virtual Reality In Education Market Include:
1. Executive Summary
2. Virtual Reality In Education Market Characteristics
3. Virtual Reality In Education Market Trends And Strategies
4. Virtual Reality In Education Market - Macro Economic Scenario
5. Virtual Reality In Education Market Size And Growth
……
26. Africa Virtual Reality In Education Market
27. Virtual Reality In Education Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Virtual Reality In Education Market
29. Virtual Reality In Education Market Future Outlook and Potential Analysis
30. Appendix
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