Virtual Reality Market in Education Sector will register a CAGR of 59% during 2020-2024. The market’s growth momentum will Accelerate. US is contributing the major share in this growth.
affordability of VR gear will be one of the major factors driving the growth of this market. Additionally, key Virtual Reality Market in Education Sector trends such as the easy availability of content creation platform will also influence market growth during the forecast period.
Virtual Reality Market in Education Sector Size
During the forecast period, the Virtual Reality Market in Education Sector size will grow by USD 6.34 bn.
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Virtual Reality Market in Education Sector : Vendors
The market is concentrated and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Virtual Reality Market in Education Sector. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the will also challenge the growth of the companies.
Alchemy VR Ltd. | Alphabet Inc. | Avantis Systems Ltd. | EON Reality Inc. | Facebook Inc. | HTC Corp. | Lenovo Group Ltd. | Microsoft Corp. | Sony Corp. | Virtalis Holdings Ltd..list
are some of the companies covered in Technavio’s Virtual Reality Market in Education Sector report for 2020-2024.
Virtual Reality Market in Education Sector : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Virtual Reality Market in Education Sector.
The North America will account for the largest Virtual Reality Market in Education Sector share and during 2020-2024, the region will contribute to 34% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Virtual Reality Market in Education Sector report also analyzes the market by VR Hardware | VR Content | higher education | K-12 | APAC | Europe | MEA | North America | South America.
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