E-Learning Virtual Reality Market – Overview
E-learning technologies are gaining momentum worldwide, and the incorporation of virtual reality is further improving the product offerings in the market. Market reports connected with the semiconductors and electronics industry have been made accessible by Market Research Future who publishes reports on other sectors that have been currently published along with a report on this industry. The market is anticipated to amass revenues worth USD 339 million while expanding at a 42% CAGR over the forecast period.
Factors such as technological changes, rising partnerships between educational content providers and hardware vendors, increasing demand for distance education and government initiatives are boosting the development of the market substantially. Moreover, demand for Virtual reality (VR) technology is projected to make a huge impact on education and eLearning in the upcoming year.
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Jun 2018 Sangari Education has distributed Veative’s educational virtual reality (VR) solutions in South Africa. Veative offers education technology and learning simulations to schools and industries, by means of immersive technologies such as 3D, virtual reality, augmented reality and mixed reality.
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.
The segmentation of the market for e-learning virtual reality is carried out on the basis of component, technology, application and region. By component, the market is segmented into hardware, software and services. By Technology, the market is segmented into gesture control, head mount and projectors. By application, the market is segmented into academic and corporate. By region, the market for e-learning virtual reality is segmented into Europe, North America, Asia-Pacific and Rest of the World.
Detailed Regional Analysis
For the purpose of regional analysis, the market is segmented into Europe, North America, Asia-Pacific and Rest of the World. Regionally, the North American regions responsible for the major market segment from countries such U.S. and Canada among others. The reason is accredited to the growing demand for high-end technology solutions, rising R&D in this region and the increasing use of virtual reality in the academic sector. However, the Asia Pacific region is anticipated to expand over the forecast period. The reason is accredited to the incidence of a huge number of manufacturers and the growing progress of educational institutions globally.
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- Device manufacturers
- Network Operators
- Research firms
- Software Developers
- Commercial Banks
- Government Agencies
- End-user sectors
- Technology Investors
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