Augmented Reality In Training And Education Market Analysis 2024: Market Growth, Size, Segments And Forecast To 2033 | Google LLC, zSpace Inc., Magic Leap Inc., Alchemy VR Ltd., Unimersiv

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company's Augmented Reality In Training And Education Global Market Report 2024 identifies (AR) technology in institutions as the major driver for the Augmented Reality In Training And Education market's growth in the forecast period. Technology is changing education in many ways, but this newer advanced technology of augmented reality (AR) is improving the learning environment. More schools and colleges are adopting AR technology to keep students actively engaged and experience learning instead of just reading and looking at pictures.

The augmented reality in training and education market size has grown exponentially in recent years. It will grow from $18.25 billion in 2023 to $30.19 billion in 2024 at a compound annual growth rate (CAGR) of 65.4%. The growth in the historic period can be attributed to increased access to mobile devices, early adoption in stem (science, technology, engineering, and mathematics) education, pioneering experimentation in education, improvement in content development, user engagement and interactivity. The augmented reality in training and education market size is expected to see exponential growth in the next few years. It will grow to $173.2 billion in 2028 at a compound annual growth rate (CAGR) of 54.8%.

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Major competitors in the Augmented Reality In Training And Education market are Google LLC, zSpace Inc., Magic Leap Inc., Alchemy VR Ltd., Unimersiv.

A key trend in the Augmented Reality In Training And Education market includes strategic partnerships. Major companies operating in augmented reality in training and education market are focusing on strategic partnerships like the IMT MSc Program and the VR/AR Association to better meet the needs of their existing consumers. The IMT MSc Program and the VR/AR Association have worked together to achieve several goals connected to immersive technology and innovation in education, training, and game creation. For instance, in March 2023, the Immersive Technologies - Innovation in Education, Training, and Game Design (IMT) MSc program of the International Hellenic University (IHU), a Greece-based public university, collaborated with the VR/AR Association (VRARA), seeking to attain numerous objectives. To begin, bring together specialists in the disciplines of virtual reality (VR) and augmented reality (AR) from academia and industry to foster knowledge sharing, best practices, and the most recent breakthroughs in immersive technology. Second, the cooperation aims to connect IMT MSc Program students to a network of VR and AR professionals. Third, the cooperation intends to support advancements and discoveries in the field of VR and AR by stimulating the creation of new applications and technologies. Finally, the partnership aims to encourage the use of virtual reality and augmented reality technologies in training, instruction, and game development at the Master's or PhD level. The VR/AR Association (VRARA) is a US-based international association that promotes collaboration among spatial computing solution vendors and end users.

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The Augmented Reality In Training And Education market is segmented -

1. By Category: Primary and Secondary Education, Test Preparation, Reskilling and Certifications, Higher Education, Language and Other Learnings
2. By Device: Classroom Projectors, Smartphones, Laptops, Other Devices
3. By End User: Higher Education, K-12
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Augmented Reality In Training And Education market.

The Business Research Company's "Global Augmented Reality In Training And Education Market Report 2024" 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 Augmented Reality In Training And Education Market Include:

1. Executive Summary
2. Augmented Reality In Training And Education Market Characteristics
3. Augmented Reality In Training And Education Market Trends And Strategies
4. Augmented Reality In Training And Education Market - Macro Economic Scenario
5. Global Augmented Reality In Training And Education Market Size and Growth
……
31. Global Augmented Reality In Training And Education Market Competitive Benchmarking
32. Global Augmented Reality In Training And Education Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Augmented Reality In Training And Education Market
34. Augmented Reality In Training And Education Market Future Outlook and Potential Analysis
35. Appendix

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