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Metaverse in Education Market Revenue Growth, New Launches, Regional Share Analysis & Forecast Till 2030 | Forum

Isha
Isha Jul 12 '23

The global metaverse in education market size was significantly robust in 2021 and is expected to register rapidly inclining revenue CAGR over the forecast period. Increasing focus on providing immersive learning experiences, growing popularity of e-learning and metaverse, technological advancements metaverse tools, and increasing number of collaborations between edtech platforms and metaverse-based companies are some key factors expected to drive market revenue growth over the forecast period. Metaverse can enable students to develop a range of different skills through the creation of their own AR experiences in the Metaverse. Rapid shift towards e-learning and integration of technology in teaching and learning, accelerated by the COVID-19 pandemic, is a key factor contributing to engaging and interactive learning experiences and is expected to further fuel revenue growth of the market to a significant extent over the forecast period.  

The Metaverse in Education Market report maps major geographical regions and their placement in the global economy. It predicts the growth of Metaverse in Education in the upcoming years. The research segments the market based on product type, applications and end-use. It profiles the key players of the business and discusses investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the industry.  The report gives a competitive analysis by evaluating the market position of the companies. It also examines the upcoming and niche areas in the business. The researcher aims to provide insights into the trends observed in the industry and the sectors that exhibit the most growth prospects.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Metaverse in Education market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Invact Metaversity, Tomorrow’s Education, Sophia Technologies Ltd., Metaverse Group, Shenzhen Meten International Education Co. Ltd., Shenzhen Shengxue Culture , Communication Co., Ltd.,, WU Executive Academy, 21K School, Luca & Friends, Skillful Craftsman Education Technology Ltd., Jiangsu Hibao Tech Software Co., Ltd., Roblox, Microsoft, The University of Miami, The University of Nevada

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Emergen Research has segmented the global Metaverse in Education market on the basis of type, application, end-use, and region:

  • Component Outlook (Revenue, USD Billion; 2019-2030)
    • Hardware
    • Software
  • Application Outlook (Revenue, USD Billion; 2019-2030)
    • Learning
    • Skill Development
    • Educational Apps
    • Self-Regulation Skills
    • Cultural Understanding
    • Others
  • Regional Outlook (Revenue, USD Billion; 2019-2030)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. A.E.
      3. Israel
      4. Rest of MEA

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

  • Analysis and estimation of the Metaverse in Education Market size and share for the projected period of 2022-2030
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Metaverse in Education Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.