The global virtual classroom market is expected to grow from an initial projected value of $9.91 billion in 2018 to an expected value of $3151 billion in 2026, recording a CAGR of 16% over the forecast period 2021-2027. Increasing demand for connected devices is a major driver of this market growth.
The continued innovation of virtual classrooms and the increasing adoption of virtual classrooms in corporate education and development are key factors driving the growth of the virtual classroom market. Additionally, the growing number of mobile learning applications and expertise in technology and digital learning will drive the growth of the virtual classroom market. However, the industry’s lack of resources and infrastructure and the lack of industry standards hinder the growth of the virtual classroom market. In addition, the adoption of new technologies such as machine learning and AI in virtual classrooms, and the emergence of blended learning technologies in virtual classrooms is expected to present significant opportunities in the virtual classroom market.
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A full report of Virtual Classroom Market available at: https://www.orionmarketreports.com/virtual-classroom-market/41671/
Virtual Classroom Market Segments:
By Component
• Solution
• Hardware
• Services
By Deployment Mode
• On-premise
• Cloud
By Organization Size
• Large Organization
• Small & Medium Organization
By End-User
• Academic Institutions
• Corporates
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