Mixed Reality in the Education Sector Market size to grow by USD 250.82 million from 2022 to 2027, the market is fragmented due to the presence of prominent companies like Avantis Systems Ltd., Alchemy Immersive Ltd. and Alphabet Inc., and many more - Technavio

NEW YORK, Dec. 4, 2023 /PRNewswire/ -- The mixed reality in education sector market is estimated to grow by USD 250.82 million from 2022 to 2027, growing at a CAGR of 72.49%. The mixed reality in the education sector market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer mixed reality in education sector market are Acer Inc., Alchemy Immersive Ltd., Alphabet Inc., Avantis Systems Ltd., Eon Reality Inc., fotonVR, GIGXR Inc., HTC Corp., Lenovo Group Ltd., Magic Leap Inc., Meta Platforms Inc., Microsoft Corp., Nearpod Inc., Osterhout Design Group, RedboxVR Ltd., Samsung Electronics Co. Ltd., Sony Group Corp., Unimersiv, Veative Labs, VictoryXR Inc., Virtalis Holdings Ltd., and zSpace Inc. The report provides a full list of key companies, their strategies, and the latest developments. Download a Sample before buying

Company Offering:

• Alchemy Immersive Ltd. - The company offers a mixed-reality education program that takes students on virtual field trips.
• Alphabet Inc. - The company offers mixed reality such as Google Expeditions which provides experiential learning.
• Avantis Systems Ltd. - The company offers mixed reality such as ClassVR.
• For details on companies and their offerings – Buy the report!

By Geography, the market is classified as North America, Europe, APAC, South America, and Middle East and Africa. 

• North America is estimated to contribute 34% to the growth of the global market during the forecast period. The growing technological skill set of students and teachers in North America is a major factor that will help the market to grow. North America, which accounts for a significant proportion of the market growth, is one of the earliest countries to adopt new technologies. The various technology available in the market is well known by the student population of this region.

Download a sample report to get more insights on the market share of various regions and the contribution of the segments.

• Impactful driver- Increase in the number of MR classrooms
• Key Trend - Increase in the number of technology partnerships
• Major Challenges - Difficulty in creating content 

 Market Segmentation

• By Product, the market is classified into hardware and software. The market share growth by the hardware segment will be significant during the forecast period. The hardware consists of head-mounted displays that can be equipped with sensors, motion trackers, and haptic devices. Moreover, to take advantage of the potential of the education sector, companies are developing affordable HMDs with MR software.

Technavio Research experts have provided more insights on the market share of segments - View a Sample Report

Related Reports

The smart education market size is estimated to grow at a CAGR of 17.98% between 2022 and 2027. The market size is forecast to increase by USD 353.17 billion.

The virtual schools market size is estimated to grow at a CAGR of 12.24% between 2022 and 2027 and the size of the market is forecast to increase by USD 3,095.11 million.

TOC:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Company Landscape

12 Company Analysis

13 Appendix

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact US:

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

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