Virtual Classrooms Market

Global Virtual Classrooms Market Outlook (2023 to 2033)

With a projected CAGR of 15.5% from 2023 to 2033, the global virtual classroom market is anticipated to usher in a new era of technology and virtual learning services. As per the virtual classroom market analysis report released by FMI, the net worth of the market is expected to grow from its 2023 valuation of US$ 11.88 billion to US$ 50.2 billion by 2033. The market for virtual classrooms for individuals and groups is growing as the demand for online courses and online universities increases.

The market is supported by:

• Growing demand for internet and smart devices
• Government funded programs
• Increasing investments in educational initiatives
• Increased accessibility for the virtual classroom
• Growing advancements in technologies
• Manufacturing enhanced sensors are the primary focus
• Outstanding user experiences
• Favorable online testing initiatives by the organization
• Reduced cost and flexibility programs
• Focus on sustainability and connected devices
• Innovative software and security services
• Enhanced video and audio quality for classrooms
• Faster feedback and data reporting
• Screen sharing and video conferencing

New technology tools and cost-effective teaching models are driving the market. Virtual classroom platforms provide an interactive and engaging learning experience while maintaining a controlled environment. In addition, virtual classrooms also offer a variety of features that go beyond the capabilities of a traditional classroom.

It has become increasingly common to use cloud computing and cloud-based systems to improve user experiences and increase operational efficiency, as they can accelerate the development and adoption of innovative solutions and services. Considering the trend toward online education due to the COVID-19 pandemic, the use of virtual classroom apps has also gained traction.

Approximately 63% of parents surveyed by Local Circles believed that schools should offer online courses when coronavirus infection rates exceed by 5%, to avoid disruptions in learning. As a result of such trends, virtual classroom tools will be developed to enhance learning.

In addition to tracking student progress, virtual classroom software offers another major advantage, allowing for easier learning. Online polling and analytics can provide real-time feedback on the progress of participants, identify areas of difficulty, and provide visual aids to assist them with the difficult subject matter.

The majority of virtual classroom platforms integrate within the existing learning management system (LMS). Advanced platforms support Learning Tools Interoperability (LTI) enabling the virtual classroom system and learning management system to communicate with each other.

Recent surveys have shown that most students aren't satisfied with the current remote learning experience. According to the survey, 68% of students believe that online instruction is inferior to face-to-face instruction. Approximately 28% of students struggle to navigate digital learning tools. According to the survey, 22% of students reported that they had difficulty accessing online learning materials due to technical constraints.

Future research and development will focus on combining the artificial intelligence of computers and the cognitive, emotional, and social capacities of humans to educate world-class individuals, not mediocre robots. Globalization and changing education demands are contributing to the growth of distance learning. As a result of technology, content delivery, and development models are becoming more nuanced, engaging, and personalized.

With the advent of virtual classrooms, international learning has expanded beyond brick-and-mortar buildings to encompass the entire globe. Digital educators will continue to use and enjoy virtual classrooms as another transformative tool in their arsenal.

Over the next few years, the North American virtual classroom market is expected to be driven by technology-based learning in higher education. Increased flexibility of classes and enrollment of students in online courses during their free time will enable the market to expand. Students in the United States are increasingly utilizing virtual classrooms to deliver lectures and course materials, as they are a convenient and effective means of delivering lectures and course materials.

A virtual classroom is an e-learning concept that allows live interaction between the teachers and students as they are participating in learning activities. The virtual classroom platform enable students to access quality teachers from any part of the world so long as they both have a reliable internet connection.

The platform offers various key benefits including video/audio conferencing, real-time text chat, interactive online whiteboard, online essential library and learning materials, and teaching tools and controls (like a physical classroom). The wider adoption of virtual classrooms amid Covid-19 pandemic would expected to drive the growth of virtual classroom market

Virtual Classrooms Market: - Market Dynamics

Rise in Adoption of Virtual Classrooms Platforms amid Lockdowns

One of the biggest sufferers of the COVID-19 pandemic and the resultant lockdown has been the existing education system. Schools and collages has been shut to prevent the spread of coronavirus. As a result, education systems has changed dramatically, with the distinctive rise of e-learning, whereby teaching is undertaken remotely and on digital platforms, a very new concept across the world even for the most sophisticated schools.

Virtual classrooms have been used by all sectors, including primary and higher education as well as corporate learning. It is expected that the use of virtual classrooms software would increase by a whopping 15% compounded annual growth rate by 2024. Thus, the increasing adoption of virtual classroom platform in multiple sectors would drive the market grown in the coming years.

Growing Number of Mobile Learning Applications would propel the market growth

The education sector has witnessed a drastic change due to new advanced technologies including smartphones and mobile learning applications. The rise in number of mobile learning applications, the growing technological advancements, and the ease of internet access help in providing a personalized learning experience for learners of all types.

Using mobile applications and advanced communication tools help students develop their skills by means of using the digital environment. Mobile learning applications is gaining popularity as it is accepted to be an effective technique of delivering lessons and acquiring knowledge as its main strengths are anytime and anyplace.

Sudip Saha

Principal Consultant

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Virtual Classrooms Market: - Key Players

Key players in the virtual classrooms market are focusing on product innovation and strategic partnerships with the technology vendors to collaborate for offering advanced virtual classrooms solution and services to effectively conduct better leaning process. The major players offering virtual classrooms solutions include

• LearnCube
• WizIQ Inc.
• Spark Hire
• Google
• Vedamo
• Electa Live
• Electa Communications Ltd.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global virtual classrooms market.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with virtual classrooms market attractiveness as per segments. The report on virtual classrooms market also maps the qualitative impact of various factors on virtual classrooms market segments and geographies.

Virtual Classrooms Market: - Segmentation

Component:

• Virtual Classrooms Software
• Services
  • Professional Services
    • Consulting
    • Training and Education
    • Support and Maintenance
  • Managed Services

Deployment Mode:

• Cloud-Based
• On-Premises

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