LONDON--(BUSINESS WIRE)--According to the latest market research report released by Technavio, the global mixed reality market in the education sector is expected to accelerate at a CAGR of almost 90% during the forecast period. The increase in the number of mixed reality classrooms is one of the key factors triggering the growth of the market.
This research report titled ‘Global Mixed Reality Market in the Education Sector 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global mixed reality market in the education sector into the following products:
- MR hardware
- MR software
In 2016, the MR hardware segment accounted for 65% of the global market. The hardware segment dominates the mixed reality market in the education sector as the use of HMDs are vital for the success of providing an MR effect. As a result, many vendors are trying to capitalize on the MR in the education sector by providing affordable HMDs that go along with the MR software.
Global mixed reality market in the education sector: Top emerging trend
Increase in MR development tools is an emerging trend in the jewelry space. The increased adoption of MR in education is one of the primary reasons that cater to the growth of the market in terms of MR application and pedagogy development. There are many free source applications, such as Aurasma, that enable students and teachers to develop their own MR applications and learning content. Due to the lack of MR developers in the field of developing content, videos, and applications for the education sector, many vendors, such as zSpace and Microsoft, provide development tools that can be used by teachers and students to develop their own MR content. For instance, Microsoft offers a variety of resources that include step by step tutorial videos on the development of applications for the Microsoft HoloLens.
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Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global Mixed Reality Market in the Education Sector Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (MR hardware and MR software)
- Market segmentation by end-user (higher education and K-12)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Design Intelligence, Microsoft, Pearson, and zSpace)
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