Virtual Classroom Market Report by Component, by Solution, by Deployment, by End User - Global Forecast to 2025 - Cumulative Impact of COVID-19
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Market Research Future
(MRFR) reveals that the global virtual
classroom market 2020 is expected to touch 10 % CAGR across 2017 and 2023.
By 2023, the virtual classroom market can value USD 12 Bn. There are multiple
causes that are expected to impact the market. However, the unprecedented
demand for virtual classroom in the years ahead is noted as the major cause
that can contribute to the rise of the market in the years to come. The surge
in demand for effective online learning environment in the pandemic is
anticipated to earn high value for the virtual classroom market. With the
ingression of modern technologies that allows communication between a high
number of people, view presentations or videos easily, and better engagement are
critical as it is observed to boost customer convenience. In addition, multiple
synchronous technologies, such as web conferencing, video conferencing, and
web-based Voice over IP (VoIP) along with live streaming solutions are easily
available. These benefits add value to virtual classroom solutions, which, in
turn, can support the expansion of the virtual classroom market in the years
ahead.
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Competitive Outlook:
Skyprep (Canada), SAP SE
(Germany), Oracle Corporation (US), BrainCert (US), Docebo (Italy), Brainier
(US), Saba Software (US), Edvance360 (US), Bluevolt (US), and Canvas (US) are
some reputed companies in the virtual classroom global market that are listed
by MRFR.
Segmentation:
The segment analysis of the virtual classroom
market is done by type, service, deployment, organization size, and
application.
By Type based segment of the virtual classroom
market are Combination of Teleconferencing, Teleconferencing, and World Wide
Web among others.
The Service based segments of the virtual classroom
market are Professional Service, and Managed Service among others. The
increased need for professional services can result in the expansion of the
market in the years to come.
The Deployment based segment of the virtual
classroom market are On-Premise and On- Cloud.
The Application based segment of the virtual
classroom market are Government, Enterprise or Business Education, Healthcare,
Professional Services, School & College, and IT & Telecommunication
among others. The IT sector can earn high revenue for the virtual classroom
market.
The Organization Size based segment of the virtual
classroom market are Large Organization, and Small and medium enterprises. The
rise in the application of virtual classroom by SMEs for trainings can support
the expansion of the market across the review period.
Regional
Analysis:
In
North America, the virtual classroom market is expected to earn high turnover
due to the rise in the demand for cutting-edge technology solutions to training
across corporate sectors and education sector. The high investment made by
different governments to improve virtual classroom solutions is expected to
support the expansion of the virtual classroom market in the years ahead. In
Europe, the virtual classroom market is likely to register a high CAGR in the
analysis period due to increase in the need for online training and education
facilities in the pandemic. In Asia Pacific, the virtual classroom market
expected to emerge due the availability of excellent digital solutions with
high connectivity. The easy access to high-end digital solutions can support
the expansion of the virtual classroom market in India and Japan. The existence
of a high number of vendors dealing in components for virtual classroom can
support the expansion of the regional market across the assessment period. The
rise in the number of different educational institutions that are adopting
virtual classroom solutions can support the rise of APAC virtual classroom
market across the analysis period.
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Full Report Details @ https://www.marketresearchfuture.com/reports/virtual-classroom-market-4065
Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market
Definition
2.2 Scope
of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets
Structure
3 Market
Research Methodology
3.1 Research
Process
3.2 Secondary
Research
3.3 Primary
Research
3.4 Forecast
Model
Continued….
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Future:
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