Metaverse in Education Market to Skyrocket with 37.9% CAGR from 2024 to 2034, Projected to Reach USD 98 Billion | Future Market Insights

In the worldwide market for Metaverse Education, countries like the United States and China are leading the way with innovative platforms and immersive learning experiences. One of the key trends in the metaverse education market is the integration of virtual reality (VR) and augmented reality (AR) technologies.

NEWARK, Del, Sept. 25, 2024 (GLOBE NEWSWIRE) — The

Market’s Prime Determinants of Growth, Trends, and Opportunities:

The rapid development of AR/VR technologies, coupled with advancements in AI-based educational tools, is driving the growth of the Metaverse in Education Market. As educators strive to provide more engaging, inclusive, and interactive learning environments, metaverse technologies will play an essential role. The transition to 5G will also enhance user experiences, enabling seamless interaction in virtual environments. Furthermore, digital twin technology and blockchain-based certifications are emerging trends that offer exciting growth opportunities for players in this market.

Key Companies & Market Share Insights:

Major companies in the Metaverse in Education Market include:

• 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

Growth Drivers:

• Increased demand for immersive learning experiences: AR/VR tools enable interactive and engaging learning methods, particularly in STEM education.
• Advancements in AI and Machine Learning: Personalized education experiences are becoming possible, making the metaverse an attractive proposition for institutions.
• 5G Infrastructure Expansion: High-speed, low-latency connections will foster the development of real-time, collaborative virtual environments.
• Post-Pandemic Shift to Digital Education: Schools and universities are increasingly adopting digital platforms to ensure continuity in education.

Metaverse in Education Market – Key Segments

By Component:

• Hardware
• Software

By Application:

• Learning
• Skill Development
• Educational Apps
• Self-Regulation Skills
• Cultural Understanding
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and Pacific
• East Asia
• Middle East and Africa

To Gain In-Depth Insights on Market, Browse Complete Report: https://www.futuremarketinsights.com/reports/metaverse-in-education-market

Author by:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

Top Reports Related to Technology Market:

The global educational robots market size is expected to reach USD 5.0 billion by 2032. It stood at USD 1.1 billion in 2022.

The 3D secure payment authentication market share is anticipated to reach USD 1.28 billion in 2023 and record a CAGR of 12.2% between 2023 and 2033. The 3D secure payment authentication market is expected to reach USD 4.06 billion in 2033.

The global payment processing solutions market is expected to reach USD 90.4 Billion in 2022, from USD 82 Billion in 2021. From 2022 to 2032, the market is expected to secure USD 231.7 Billion while exhibiting a growth rate of 9.9% during the forecast period.

The global sales of Cloud IAM market trends are estimated to be worth USD 6,880.7 million in 2024 and are anticipated to reach a value of USD 46,035.6 million by 2034. Sales are projected to rise at a CAGR of 20.9% over the forecast period between 2024 and 2034. 

The global wearable computing devices market forecast is estimated to be valued at USD 44.2 billion in 2023 and is projected to surpass a valuation of USD 258.87 billion by 2033. The demand for wearable computing devices is likely to rise at a CAGR of 19.3% from 2022 to 2032.

Electronic Toll Collection Market Demand: The global electronic toll collection market is expected to register a CAGR of 10.5% during the assessment period.

Corporate Event Planner Market Overview: The corporate event planner market is anticipated to flourish at a booming CAGR of 31.8% between 2023 and 2033. The market is expected to hold a market share of USD 6,196.4 billion by 2033, while the market is likely to reach a value of USD 390.7 billion in 2023.

Image Sensor Market type: Global image sensor market demand is anticipated to be valued at USD 21725.8 Million in 2022, forecast to grow at a CAGR of 6.7% to be valued at USD 41672.3 Million from 2022 to 2032.

Medical Electronics Market Segmentation: The global medical electronics market has currently crossed the billion-dollar mark and is predicted to advance at a CAGR of 6.6% from 2022 to 2032.

The global sales of Smart Home Platforms market analytics are estimated to be worth USD 93.9 billion in 2024 and are anticipated to reach USD 386.9 billion by 2034. Sales are projected to rise at a CAGR of 15.2% over the forecast period between 2024 and 2034. 

The Customer Experience Platforms Market is growing rapidly, driven by businesses’ need to enhance engagement and satisfaction. Tools like SurveySparrow provide innovative solutions that help organizations deliver personalized and seamless customer experiences.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: [email protected]
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube