Global Virtual Classroom Market to surpass USD 61.14 billion by 2030 from USD 12.83 billion in 2020 at a CAGR of 16.90% in the coming years, i.e., 2021-30. Simple access to information, convergence with virtual reality, a strong approach, and the integration of latest technology are key drivers of the size of the online market for Virtual Classroom. In addition, increased education, rising internet, and mobile users, and multi-lingual choice by multinational companies give people working on the overall Virtual Classroom market enormous growth opportunities. The main drivers of the Virtual Classroom market are globalization and the increasing need for cross-border communication.
Virtual classroom can be defined as an educational environment in which participants may interact, connect, view, and discuss conferences and work collaboratively, all in an online environment. This often involves the application for video conferencing which allows many users to connect to the internet simultaneously. A virtual classroom is a shared online environment in which learners and tutors simultaneously work together. The attendees have the instruments to display the content of their education and to carry out collaborative and individual activities in various formats. It offers flexible learning, replacing traditional education methods in the classroom. Several education centers, for example with smart notebooks, whiteboards, etc, change their inclination towards an intelligent educational concept. Virtual Classroom is the term applied to the modern learning process.
Request Free Sample Copy Research Report @ https://www.fatposglobal.com/sample-request-697
Free Sample Copy of Research Report Includes:
- Market size & share analysis
- Top market players with sales, revenue, and business strategies analysis
- Market growth drivers and restraints
- Market opportunities & challenges
- Research methodology
(Get Sample Report within 12hrs with Covid-19 Impact Analysis)
Global Virtual Classroom Market: Key Players
- Blackboard (US)
- Samsung (South Korea)
- Newrow (US)
- D2L (Canada)
- Huawei (China)
- Cornerstone OnDemand (US)
- IBM (US)
- McGraw-Hill (US)
- CrossKnowledge (US)
- Cisco (US)
- Pearson (UK)
- Alphabet (US)
- Adobe (US)
- Saba Software (US)
- BenQ (Taiwan)
- Other Prominent Players
Global Virtual Classroom Market: Segments
Software segment to grow with the highest CAGR during 2020-30
Global Virtual Classroom Market is segmented by Component Type into Software, Services, Educational Content, and Hardware. It is anticipated that software as a service sector will account for the largest part of the overall Virtual Classroom market during the predicted timeline. Software services deliver institutions with well-organized ERP systems that help faculty members build improved training and skillfully manage virtual classrooms and schools. Online training platforms create virtual classrooms that enable teachers with no budget constraints to manage a big audience. K-12 and institutions of higher education are constantly struggling to manage complex IT solutions spanning campus-wide.
Cloud segment to grow with the highest CAGR during 2020-30
Global Virtual Classroom Market is divided by deployment Mode into On Cloud and on-premises. Based on mode, by 2030, the cloud category will account for the largest proportion of the global online learning industry. The deployment of a virtual online classroom is growing in features like safety, reduced price, wide availability, personalization, automatic content upgrades, high scalability, and lower storage space. Cloud-based training and development solutions are becoming increasingly popular in companies and education because they cost less than local solutions.
Download Free PDF Report Brochure@ https://www.fatposglobal.com/free-broucher-697
Increased investment on education
Education is seen in the majority of countries not only as a human right but also as the responsibility to guarantee access to basic training for residents and governments. The national governments also declare an immediate increase in investment on education to support the crisis in global education.
Lack of awareness regarding Virtual Classroom existence
Many businesses are there are not aware of the basics of the Virtual Classroom which is estimated to hinder the growth of the Virtual Classroom market. In addition, access to internet has not penetrated to all parts of the world thus hindering the market growth. Moreover, the absence of industrial resources and infrastructure and the inadequacy of industry standards hinder virtual education market growth.
Browse detail report with in-depth TOC @ https://www.fatposglobal.com/reports/virtual-classroom-market/697
Global Virtual Classroom Market report also contains analysis on:
Virtual Classroom Segments:
- By Deployment Mode
- On Cloud
- By Component Type
- Educational Content
Enquire more about this report before purchase @ https://www.fatposglobal.com/custom-request-697
Fatpos Global is a consulting and research firm focused on market research, business services, and sourcing. We are trusted advisors to senior executives of leading enterprises, providers, and investors. Our firm helps clients improve operational and financial performance through a hands-on process that supports them in making well informed decisions that deliver high-impact results and achieve sustained value. Our insight and guidance empowers clients to improve organizational efficiency, effectiveness, agility and responsiveness. Details and in-depth content are available at www.fatposglobal.com
1655 Market St,
PA 19103, USA
+1 (484) 775 0523