Technology News, Search Engine

Technology News & Search Engine

Technology News and Search Engine - Computers and Software,
Internet, Personal and Enterprise Technogy News. Website Builder.
Press release distribution service
Home | Technology News Search Engine:                                     

Home: Technology News:

Augmented and Virtual Reality in Education Market Values $14.2 billion by 2028

(IT-NEWSWIRE.COM, August 01, 2023 ) The Global AR and VR in Education Market was valued at USD 2.9 billion in 2022 and is projected to reach USD 14.2 billion by 2028; it is expected to register a CAGR of 29.6% during the forecast period. Advancing education through ongoing innovation & expansion in AR & VR technology, the emergence of advancing personalized learning experiences, and real-world application and career readiness are attributed to the ever-increasing demand for AR and VR devices in education.

Download PDF Brochure @

The software offering segment accounted for the larger market share in 2022. The growth of the segment can be attributed to enhanced learning experiences, increased student engagement, improved knowledge retention, and the ability to explore complex concepts in a safe and immersive environment.

The managed services accounted for the largest market share in 2022. The larger share is attributed as managed service providers offer expertise in setting up and managing AR and VR hardware, software, and network infrastructure. They have experience in integrating these technologies into educational environments and can provide guidance on best practices for optimal performance and user experience. Also, managed service providers simplify the process by handling the complexities on behalf of educational institutions.

The on-premise segment accounted for the largest market share in 2022. The larger share is driven by factors such as data security, network reliability, compliance requirements, customization options, long-term cost considerations, connectivity challenges, and local infrastructure control. Educational institutions value the ability to have greater control, customization, and compliance adherence when deploying AR and VR solutions on-premise, leading to the growth of this segment in the education sector.

The VR devices segment accounted for the largest market share in 2022. The growth can be attributed to factors such as the availability and affordability of VR devices, technological advancements, the immersive and interactive learning experiences they offer, their adaptability to various subjects and age groups, the potential for enhanced engagement and knowledge retention, and the continuous development of educational content and applications. As VR technology continues to evolve and improve, its integration into education is expected to expand, providing students with transformative learning experiences.

The classroom learning segment accounted for the largest market share in 2022. AR/VR technologies are evolving and have become more accessible, as they have the potential to transform the traditional classroom into a dynamic and engaging learning space. The ability to create immersive and interactive learning environments, personalized and adaptive instruction, increased student engagement and motivation, enhanced collaboration and communication, the bridging of the gap between theory and practice, access to remote or inaccessible learning opportunities, and the integration with existing classroom practices are some of the factors leading to the growth of classroom learning.

The Academic Institutions segment accounted for the largest market share in 2022. In academic institutions, AR and VR can be used to create immersive and interactive learning experiences that can help students to better understand and retain information. They can be used to personalize learning by providing students with customized experiences that are tailored to their individual needs. This can help students to learn at their own pace and in a way that is most effective for them. For example, students can use AR to practice math problems or use VR to learn a foreign language.

North America held the largest share in the AR and VR in education market in 2022 and the same trend is expected during the forecasted year. The growth in this region is attributed to the strong presence of technology companies and startups, the high level of investment in education technology, the advanced digital infrastructure, the adoption by leading educational institutions, supportive government initiatives, and the flourishing EdTech ecosystem. Also, technological advancements have led to the rise in the adoption of smart education and technologically advanced classrooms in educational and corporate setups, which help to create a learning environment that is focused on an individual’s or organization’s learning needs.

Key Market Players

Sony Group Corporation (Japan), HTC Corporation (Taiwan), Meta (US), Google (US), Microsoft (US), Panasonic Holdings Corporation (Japan), Vuzix (US), Cornerstone OnDemand, Inc. (US), Anthology Inc. (US), Lenovo (Hong Kong).

News Also Covered @

Related Reports:

AR and VR Display Market by Device Type (AR HMDs, VR HMDs, AR HUDs, VR Projectors), Technology, Display Technology (LCD, OLED, Micro-LED), Application (Consumer, Commercial, Enterprise, Healthcare, Aerospace & Defense) & Region - Global Forecast to 2028

Augmented and Virtual Reality in Healthcare Market by Offering (Hardware and Software), Device Type, End User, Application (Patient Care Management, Medical Training & Education, Pharmacy Management, Surgery), and Geography - Global Forecast to 2023

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.


Mr. Aashish Mehra


Source: EmailWire.Com


Sponsored Links

EmailWire Business Directory
EmailWire Business Directory about Legal, Stocks, Investment, Markets, Stocks

Submit website to Business Directory

Listen to GroupWeb Radio

Technology News Headlines
  • Computer Security
  • Digital Music
  • Digital Video/TV
  • Enterprise
  • Linux/Open Source
  • Microsoft
  • Mobil Phones
  • Internet
  • Personal Technology
  • Portals & Search Engines
  • RSS and Blogging
  • Software
  • Technology News
  • GroupWeb Market Place
    Website Builder - Blog Builder
    Build your website in 5 minutes. One month free. No setup fee! Blog Included.

    Your text Ads here!
    Ads are only $50 per month.Please contac us and state ou want to place advertisement on

    Technology Business Video Feed

    More Technology Video Feeds
  • Computers
  • Computers & Software
  • Home Theater
  • Personal Technology
  • TechBiz
  • TechBytes
  • Technology Publications

    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Search Engine Optimization for E-commerce Sites: The Seven Most Common Pitfalls
    Website Magazine
    Business Activity Monitoring: Smart Decisions with Real-time Visibility

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net - a Technology News and Resource of GroupWeb Media LLC