The Global Virtual Classroom Market size is expected to grow from USD 10.46021 Billion in 2019 to USD 26.78647 Billion by 2025, at a CAGR of 16.96%.
A virtual classroom is an online shared environment where the learners and the teacher work together at the same time. Participants have tools for delivering learning material in different formats, and for implementing collective and individual practices.
These interactions usually take place through video conferencing. Video conferencing, electronic whiteboard for real-time communication, instant messaging tool, attendance monitors and breakout rooms are the most popular devices used in virtual classrooms. Such tools are expected to improve the adoption of the virtual classroom platform.
Global Virtual Classroom Market
Continuous virtual classroom innovation and an increase in the adoption of virtual classrooms in corporate training and development are the major factors driving the growth of the virtual classroom market.
Increasing the number of mobile learning applications and professional expertise with technology and digital learning also fuel the growth of the market for virtual classrooms.
Additionally, the adoption of new technology such as machine learning and AI in the virtual classroom and the emergence of blended learning technology in the virtual classroom are expected to offer major opportunities on the virtual classroom market.
Lack of industry resource and failure to meet industry standards hamper the development of the demand for virtual classrooms.
Virtual Classroom Market Sample Report
Due to its technological advancements, North America is projected to have the largest market share of virtual classrooms market. Developed economies of this region allow them to invest heavily in R&D. Additionally, the rapid growth of the startup community and the growing adoption of education technology is expected to drive the growth of the Virtual Classroom market in North America.
Asia Pacific region, due to an increased awareness of the advantages e-learning among individuals, is projected to see the highest revenue growth during the forecast period.
Virtual Classroom Market Regional Data
Analytics & Data Visualization
Content Management
Device Management
Security
Unified Communications.
Cloud
On-Premises.
Academic Institutions
Corporates.
Banking
Financial Services, and Insurance
Government and Public Sector
Healthcare and Life Sciences
Manufacturing
Retail and Ecommerce
Telecommunications
Others.
Blackboard Inc
Cisco Systems, Inc
Dell Inc
Google LLC
Hitachi, Ltd
HTC Corp
International Business Machines Corporation
LG Electronics
Microsoft Corp
Oracle Corp
Panasonic Corporation
Saba Software, Inc
Samsung Electronics
Sony Corporation
Others.
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