Press release
Virtual Training Market Booms with 13.7% CAGR Driven by AR/VR Innovations
Virtual Training Market
The Virtual Training Market is rapidly evolving as organizations increasingly adopt digital learning platforms to enhance workforce skills and improve training efficiency. According to Maximize Market Research, the virtual training market is expected to grow at a CAGR of 13.7% from 2024 to 2030, propelled by advancements in AR/VR technologies, rising demand for remote learning, and the growing need for cost-effective training solutions.
Market Size and Growth Overview
The market size of the global virtual training industry was valued at approximately USD 341.61 billion in 2023 and is forecasted to reach USD 839.18 billion by 2030. The growing use of virtual reality (VR) and augmented reality (AR) technologies, combined with the shift towards e-learning due to the COVID-19 pandemic, have been significant growth drivers.
Request a sample copy of the report to see what's inside: https://www.maximizemarketresearch.com/request-sample/82928/
Competitive Landscape and Higher Regional Demand
Leading companies such as Coursera Inc., Skillsoft Corporation, Adobe Inc., SAP SE, and Microsoft Corporation dominate the market by continuously innovating their virtual training solutions and expanding their global footprint. The Asia-Pacific region, especially countries like China and India, is witnessing higher demand driven by digital transformation initiatives and increasing internet penetration.
Virtual Training Growth Opportunities in Vietnam
Vietnam is witnessing increased adoption of virtual training solutions as companies focus on digital skill development. Government initiatives promoting smart education and partnerships with tech firms are creating growth opportunities.
Virtual Training Market Trends in Thailand
Thailand's market is expanding with increased use of AR/VR in corporate training and education sectors. Local startups are collaborating with global providers, fostering innovation in training technologies.
Japan Virtual Training Market Updation and Innovation
Japan emphasizes technological advancement in virtual training, leveraging its strong IT infrastructure. Investments in AI-enabled learning platforms are accelerating the market's growth.
South Korea Virtual Training Market Expansion and Strategic Consolidation
South Korea is rapidly growing as a hub for advanced virtual training technologies. Strategic mergers and acquisitions involving companies like Samsung SDS and LG CNS are consolidating market presence.
Singapore Virtual Training Market Opportunities and Digital Transformation
Singapore's focus on becoming a Smart Nation fuels virtual training adoption. Government-backed programs and collaborations with international providers are driving the sector's expansion.
US Virtual Training Market Consolidation and M&A Activities
The US market, a leader in virtual training, continues to see significant mergers and acquisitions, such as Skillsoft's acquisition of Global Knowledge, aimed at broadening service portfolios and enhancing digital learning capabilities.
China Virtual Training Market Growth and Technological Advancements
China is experiencing robust growth in virtual training, supported by government policies promoting digital education. Companies like Tencent and Huawei are heavily investing in immersive learning technologies.
Europe Virtual Training Market Trends and Regulatory Developments
Europe is witnessing steady growth, with increasing adoption of virtual training in corporate and educational sectors. Supportive regulations and funding for digital skills development encourage innovation and market penetration.
Intrigued to explore the contents? Secure your hands-on sample copy of the report: https://www.maximizemarketresearch.com/request-sample/82928/
Country-Specific Mergers and Acquisitions in Virtual Training Industry
Vietnam & Thailand: Collaborations with global edtech firms to enhance virtual training infrastructure.
Japan & South Korea: Mergers focusing on AI and immersive training technologies.
Singapore: Strategic partnerships with international content providers.
US: Major acquisitions like Skillsoft's purchase of Global Knowledge to expand learning platforms.
China: Joint ventures and investments by tech giants in virtual training startups.
Europe: Consolidations targeting expansion in corporate virtual training segments.
Key Recent Developments in the Virtual Training Market
Coursera Inc. launched new VR-based training modules tailored for enterprise clients.
Skillsoft Corporation expanded its acquisition portfolio with the takeover of Global Knowledge.
Adobe Inc. introduced AI-driven personalized learning experiences in its virtual training platforms.
SAP SE rolled out immersive training solutions for manufacturing and logistics sectors.
Microsoft Corporation enhanced its Teams platform with integrated VR training capabilities.
Tencent unveiled new virtual training tools focusing on language and technical skills development.
Virtual Training Market Segmentation:
by Product
Flexible Foam
Rigid Foam
by Type
Polyurethane
Polystyrene
Polyolefin
Phenolic
PET
Others
By Component, the Hardware segment dominates the global Virtual Training Market. The development of VR/AR technology and its use in simulation training has bolstered the virtual training market, with hardware accounting for more than 55% of the component category. Military and defence sectors have a strong demand for virtual training hardware and equipment for mass training, whereas civil aviation generates demand for simulation gear for pilot training programs.
by Application
Building & Construction
Packaging
Automotive
Furniture & Bedding
Footwear, Sports, & Recreational
Others
By end user, Defence and security are the most popular virtual training topics. The defence sector has the biggest demand for virtual training programs and simulation training programs. The use of AR/VR for specialised teaching and visualisation has caused a significant increase in the virtual training market. Civil aviation also makes extensive use of aircraft simulation training. Boeing and Airbus have built their own virtual training simulation systems, which have a significant impact on training and development.
Inquire for More Details: https://www.maximizemarketresearch.com/request-sample/82928/
Spotlight on Industry Leaders: Exploring the Major Players Driving Innovation and Growth:
1. IBM Corp
2. Oracle Corp
3. Microfocus International PLC
4. CA Technology Inc
5. VMware Inc
6. BMC Software Inc
7. Evolven Software Inc
8. Splunk Inc
9. XpoLog Ltd
10. INETCO Systems Limited
11. Interlink Software Services Ltd
12. Ops DataStore Inc
13. WNS Limited
14. SAP
15. Hitachi
16. SAS Institute
17. Broadcom
18. Microsoft
19. SolarWinds
20. NetApp
21. ExtraHoop
22. iOPEX
23. StackState
Key Offerings:
Unravel the elusive tapestry of Market Share, Size, and Revenue Forecast
Traverse the landscape of Market Dynamics: a treasure trove of growth drivers, restraints, investment opportunities, and key trends!
Embark on a journey of discovery through the uncharted territories of Market Segmentation: a detailed analysis by Virtual Training!
Unveil the pantheon of leading key players and other prominent participants, shaping the enchanted Landscape!
Trending Now: Must-Know Insights!
♦ Global Circular Connectors Market https://www.maximizemarketresearch.com/market-report/global-circular-connectors-market/112229/
♦ Global 5G Fixed Wireless Access Market https://www.maximizemarketresearch.com/market-report/global-5g-fixed-wireless-access-market/26925/
♦ WLAN Market https://www.maximizemarketresearch.com/market-report/global-wlan-market/54503/
♦ Data Pipeline Tools Market https://www.maximizemarketresearch.com/market-report/data-pipeline-tools-market/182934/
♦ Visual Effects (VFX) Market https://www.maximizemarketresearch.com/market-report/visual-effects-vfx-market-global-market/148265/
♦ Global Artificial Intelligence in Supply Chain Market https://www.maximizemarketresearch.com/market-report/global-artificial-intelligence-in-supply-chain-market/63829/
♦ India NonLife Insurance Market https://www.maximizemarketresearch.com/market-report/india-non-life-insurance-market/42091/
♦ Retail Media Networks Market https://www.maximizemarketresearch.com/market-report/retail-media-networks-market/147754/
♦ Global B2B Telecommunication Market https://www.maximizemarketresearch.com/market-report/global-b2b-telecommunication-market/63857/
♦ Loyalty Management Market https://www.maximizemarketresearch.com/market-report/global-loyalty-management-market/6878/
♦ Travel Retail Market https://www.maximizemarketresearch.com/market-report/global-travel-retail-market/30072/
♦ Global Financial Crime and Fraud Management Solutions Market https://www.maximizemarketresearch.com/market-report/global-financial-crime-and-fraud-management-solutions-market/33426/
♦ Global Smart Card Market https://www.maximizemarketresearch.com/market-report/smart-card-market/1688/
♦ Digital Advertising Market https://www.maximizemarketresearch.com/market-report/global-digital-advertising-market/23678/
♦ Quantum Computing Market https://www.maximizemarketresearch.com/market-report/global-quantum-computing-market/27533/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Bangalore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Virtual Training Market Booms with 13.7% CAGR Driven by AR/VR Innovations here
News-ID: 4022840 • Views: …
More Releases from Maximize Market Research Pvt. Ltd.
Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR …
According to a new report by Maximize Market Research, the global Clinical Trials Market was valued at USD 54.83 billion in 2024 and is projected to reach USD 88.26 billion by 2032, growing at a CAGR of 6.13%. A major surge in biopharmaceutical R&D and oncology-focused studies is driving the global clinical trials market toward nearly USD 88.26 billion by 2032 at a 6.13% CAGR.
► Get a sample of the…
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5 …
Turbo Trainer Market size was valued at USD 281.52 Mn. in 2024 and the total Turbo Trainer revenue is expected to grow at 5.16% through 2025 to 2032, reaching nearly USD 421.03 Mn.
Turbo Trainer Market Overview:
The Turbo Trainer Market is witnessing significant growth as fitness enthusiasts increasingly adopt indoor cycling equipment for year-round training. Turbo trainers, which allow users to convert regular bicycles into stationary exercise machines, have become essential…
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of …
Sodium Acetate Market size was valued at USD 206.17 Million in 2024, and the total revenue is expected to grow at CAGR of 7 % from 2025 to 2032, reaching nearly USD 354.24 Million.
Sodium Acetate Market Overview:
The Sodium Acetate Market is experiencing steady growth due to its widespread applications across industries such as food and beverage, pharmaceuticals, textiles, and chemical manufacturing. Sodium acetate, a versatile salt of acetic acid, is…
India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR - "India Tire …
According to a new report by Maximize Market Research, the India tire market was valued at approximately USD 13.4 billion in 2024 and is expected to climb to USD 27.6 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.6 %. The growth is underpinned by increasing automotive production, growing replacement demand, and rising adoption of radial tyres.
► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/21022/
♦ Key Highlights
Market size…
More Releases for Virtual
Virtual Office Staff and Fortitude Virtual Professionals Unite to Elevate Virtua …
On May 5, 2025, two esteemed virtual assistant agencies-Virtual Office Staff and Fortitude Virtual Professionals-officially merged, forming a dynamic alliance poised to redefine the standards of virtual executive support and business operations.
This strategic merger combines the strengths of both organizations, uniting their commitment to delivering top-tier virtual office services that exceed client expectations. Operating under the Fortitude Virtual Professionals brand, the unified entity leverages a robust infrastructure and a reputation…
Virtual Assistance Revolution: Intelligent Virtual Assistants Market (2023-2032)
Global Intelligent Virtual Assistants Market Scope and Overview Report 2023-2032
"According to the research report, the global intelligent virtual assistant market was valued at USD 2.62 billion in 2022 and is expected to reach USD 22.45 billion by 2032, to grow at a CAGR of 24.0% during the forecast period."
This visionary report entitled Intelligent Virtual Assistants Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2030 published by…
Virtual Workplace Market Seeking Excellent Growth | Opus Virtual Offices, Blackm …
Advance Market Analytics published a new research publication on "Virtual Workplace Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Virtual Workplace market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Virtual Internet launches “On-Demand” Virtual Data Centers
LONDON, England Feb. 21, 2011 | Virtual Internet – Virtual Internet has announced a new cloud package called Virtual Data Centers which allow IT managers to virtualize their infrastructure “on-demand” via the Internet.
The new self-service package allows managers to slice and dice a minimum of 10GB (or more) of physical disk space and/or physical memory into multiple configurations at will.
Incorporating the best features of a private cloud and Infrastructure-as-a-Service (IaaS),…
Caribbean Association Of Virtual Assistants Open Virtual Assistant Directory To …
CAVA Seeks Outside Assistance In Order To Meet Increased Demands For Virtual Assistants
The Caribbean Association Of Virtual Assistants, the Caribbean’s leading association for virtual assistants is set to accept listings from virtual assistants the world over.
The industry is still fairly new in the Caribbean and due to ever-increasing demands for the services provided by members of the association, the directors have made the decision to seek outside assistance.
Virtual assistants…
Virtual Assistants Become a Little Less Virtual
Toronto, Canada … North American Virtual Assistants and particularly Canadian VA’s have never before had the opportunity to meet and exchange views in this kind of forum and on Canadian soil. Barb Lang, a Toronto based Virtual Assistant specializing in Event Planning, saw a need for new and seasoned VA’s to meet in person in order to exchange ideas and business expertise in a mastermind / workshop type event.…
