Global Virtual Classroom Market, By Type (Teleconferencing, World Wide Web), By Service (Managed Service, Professional Service), By Deployment (Cloud, On-Premise), By Application (IT & Telecommunication, Professional Services) - Forecast 2027
ID: MRFR/ICT/2733-HCR | February 2021 | Region: Global | 100 pages
Market Overview
The Virtual Classroom Market Size is required to develop at around USD 12 Billion by 2023, at 10% of CAGR somewhere in the range of 2017 and 2023.
Global Virtual Classroom Market has been divided into the internet, video chatting, a mix of remotely coordinating, and the internet. Remotely coordinating empowers ventures and instructive organizations to lessen travel time and upgrade efficiency. It upgrades usefulness by permitting inaccessible workers to speak with their partners at the organization base camp. The organizations can lead significant distance meetings and settle on essential choices through the help of Virtual Classroom. Video chatting frameworks involve dial-in access offices and complementary assistance that aides workers by booking gatherings without prior warning. Asia‐Pacific locale is relied upon to be the quickest developing business sector because of the great selection of virtual classroom methods in non-industrial nations.
The arising pattern in Virtual Classroom Market is its compactness, and versatile learning across representatives and understudies is boosting the market. BrainCert is one of the significant parts of the Virtual Classroom Market offers online virtual classroom. Brainer is one of the main parts of Virtual Classroom Market that offers virtual classroom programming. The frameworks likewise offer a substance library for learning materials. The framework can be gotten to from cell phones and far-off work areas.
Virtual Classroom Market Share can be characterized as an e-learning climate where clients can learn, collaborate, impart, see and talk about the show through various virtual classroom programming projects, video chatting, and online. The execution of data innovation is driving Virtual Classroom Market Growth. Coordination between equipment supplier, programming trend-setter, and training material supplier makes learning simple for understudies and far-off removed representatives. The critical drivers of the virtual study hall market are expanding the number of portable learning applications, and expert aptitude with innovation and computerized learning is expected to drive the VC Market.
Covid-19
The COVID-19 pandemic has brought about friendly and lockdowns, physical separating, and isolates. These actions have prompted telecommute and distant working practices for representatives of different organizations. This has expanded the interest in e-learning, web-based preparing, and virtual correspondence. The ventures which have not utilized e-learning before the pandemic are currently starting a different web-based preparing program for the representatives. Those organizations which have effectively worked eLearning and preparing are currently creating and testing different techniques and courses to incite new online methodologies.
Coronavirus is a unique worldwide general well-being crisis that has influenced every industry, so and the drawn-out impacts are projected to affect the business development during the estimated time frame. Our progressing research enhances our examination structure to guarantee the consideration of underlying COVID-19 issues and likely ways ahead. The report conveys bits of knowledge on COVID-19 thinking about the progressions in buying designs, customer conduct and request, elements of current market influences, re-steering of the inventory network, and the critical mediations of governments. The refreshed investigation gives assessments, experiences, examination, and conjecture, considering the COVID-19 effect available.
Market Dynamics
- Major Drivers Of The Market
The execution of data innovation is driving the Virtual Classroom Market. Instructive foundations are receiving progressed showing strategies that incorporate white sheets, projectors, and savvy note pads.
Coordination between programming pioneer, equipment supplier, and instruction material supplier is making learning simple. The vital drivers of the virtual classroom market are expanding the number of versatile learning applications, and expert aptitude with innovation and computerized learning is expected to drive the Virtual Classroom Business. The expanding number of cell phone clients and the interpersonal organization's rising prominence also fuels the virtual classroom market.
- Significant Opportunities For The Market
The significant worry of the organizations on the worldwide level is the significant expense that is brought about whiles the preparation and execution examination measure. The best and the most reasonable answer for the equivalent is corporate e-learning.
Since the rise of e-learning, it has been in incredible interest, and significant appropriations are in transit around the world. These learning arrangements are improved and prepared to convey more proficient and successful answers for the corporate labor force.
- Market Restraints
Expanding innovative and improving AR/VR advances is a significant factor speeding up the market development. It additionally rising appropriation of expanded reality or computer-generated reality for corporate preparing and advancement, improvement in VR/AR advances, expanding ubiquity of computerized learning and informal community and rising number of cell phone clients combined with versatile learning applications and mechanically gifted experts are the central point among others boosting Virtual Classroom Market.
Rising mechanical progressions in AI/VR innovation and expanding modernization in the market items will also set out new open doors for Virtual Classroom Market Trends in an estimated time frame. In any case, the rising absence of industry norms and interoperability and lack of assets and foundation across different enterprises are the central point among others controlling the market development and will additionally challenge the Virtual Classroom Market in a particular time frame.
- Market Growth Challenges
The nation segment of Virtual Classroom Market report likewise gives singular market affecting elements and changes in the guideline in the market locally that affect the current and future patterns of the market.
The information focuses on specialized patterns, downstream and upstream worth chain examination, and contextual analyses are a portion of the pointers used to estimate the market situation. Likewise, the presence and accessibility of worldwide brands and their difficulties were looked at because of huge rivalry from the neighborhood.
Cumulative Growth Analysis
The corporate e-learning market patterns are being called for, as they are practical and present a root-level profound agreement and approach for the students. For example, the Westpac Banking Corporation takes up these arrangements and asks its workers to re-certify routinely.
It guarantees an incredible nature of work, just as improving the degrees of large-scale manufacturing for the venture. There are fewer mistakes, and there is expanded quality and proficiency for the choices of both short. When all is said in done, the representatives can reach out to a few sources, go through bits of preparing, improve their work execution, and pick the arrangement of abilities and information that they prefer to create.
Segment Overview
- By Components
Based on Component, Virtual Classroom Market Segments into Services, Hardware, and Solutions. The Hardware further concentrated across Interactive Displays & Projectors, Mobile Computing Devices, Interactive Whiteboards, Virtual Reality Devices, and Security and Video Cameras. The Services additionally concentrated across Professional Services, Deployment and Integration, Managed Services, Training and Consulting, and Support and Maintenance. The Solutions further concentrated across Device Management, Analytics and Data Visualization, Content Management, Collaboration, Security, and Unified Communications.
- By Solution
Based on Solution, the Virtual Classroom Market is divided across Content Management, Analytics and Data Visualization, Security, Device Management, and Unified Communications and Collaboration.
- By Deployment
Based on Deployment, the Virtual Classroom Market concentrated across Cloud and On-Premises.
- By End-user
On the basis of End User, the Virtual Classroom Market concentrated across Academic Institutions and Corporates. The Academic Institutions further concentrated across Higher Education. The Corporates additionally concentrated across Banking, Government and Public Sector, Financial Services and Insurance, Manufacturing, Retail and eCommerce, Healthcare and Life Sciences, and Telecommunications and IT.
- By Region
Based on regional analysis, Virtual Classroom Market is divided into Asia-Pacific, Americas, Europe, Africa, and the Middle East. The Americas district reviewed across Argentina, Brazil, Canada, and United States. The Asia-Pacific district reviewed Australia, South Korea, Mexico, China, India, Malaysia, Indonesia, Japan, Philippines, and Thailand. Europe, Middle East, and Africa district studied France, Netherlands, Germany, Italy, South Africa, Qatar, United Arab Emirates, Russia, Saudi Arabia, Spain, and United Kingdom.
Regional Analysis
The worldwide Virtual Classroom Market report portrays that the North American areas, the USA, & Canada, will probably encounter the greatest development while giving these answers to their workers. There is a significant purpose for this. There is a developing utilization of the innovative foundation alongside the expanded proportion of the ventures rolling in from the public authority's side. Numerous advanced learning stages are in transit for a dispatch in these districts. Fame for e-learning arrangements that are self and fitness-based are boosting. This stands valid for the European market and its chiefs also.
Competitive Landscape
The Virtual Classroom Market Players are:
- BrainCert (U.S.)
- SAP SE (Germany)
- Docebo (Italy)
- Saba Software (U.S.)
- Skyprep (Canada)
- Oracle Corporation (U.S.)
- Edvance360 (U.S.)
- Brainier (U.S.)
- Bluevolt (U.S.)
- Canvas (U.S.)
Recent Developments
- E-Learning is acquiring energy as a perceived player for both network protection and consistent content necessities. This organization has held hands with Quest Technology Management, a goliath in giving cloud-based and processing arrangements. It is expanding its market size by stretching out its administrations to the business sectors of California and Sacramento.
- EbixCash is broadening its arrangements into offering and extending the e-learning arrangements and organization benefits in different areas across India. The organization keeps watching for major parts in a comparable circle to fortify its situation as a monetary trade corporate in the country. The developing specialized improvements alongside ventures throughout the planet are being expected for the worldwide development of the market.
Report Overview
The Virtual Classroom Market outlook or overview is as follows:
- Market Overview
- COVID 19 Analysis
- Market Dynamics
- Segment Overview
- Regional Analysis
- Competitive Landscape
- Recent Developments
This report has a clear focus upon highlighting the growth aspects of the Virtual Classroom Market. Along with that, this report also intends to put up the competitive landscape and recent developments on the table to explain the position of this global market.
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 12 Billion (2023) |
| CAGR | 10% (2017-2023) |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Type, By Service |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | BrainCert (U.S.), SAP SE (Germany), Docebo (Italy), Saba Software (U.S.), Skyprep (Canada), Oracle Corporation (U.S.), Edvance360 (U.S.), Brainier (U.S.), Bluevolt (U.S.), Canvas (U.S.) |
| Key Market Opportunities | The increasing number of mobile phone users and rising popularity of social network is also fuelling the virtual classroom market. |
| Key Market Drivers | The key drivers of virtual classroom market is increasing number of mobile learning applications and professional expertise with technology and digital learning are anticipated to drive the virtual classroom market. |
Frequently Asked Questions (FAQ) :
The virtual classroom market is poised to strike 10% CAGR.
The valuation of the virtual classroom market is expected to be USD 12 Bn.
Based on type, the segments of the virtual classroom market are teleconferencing, world wide web, and combination of teleconferencing & world wide web.
Based on service, the segments of the virtual classroom market are managed service and professional service.
Based on deployment, the segments of the virtual classroom market are cloud and on premise.
TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
3.1 INTRODUCTION
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
3.5 MARKET RESTRAINTS
4 EXECUTIVE SUMMARY
5. MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES ANALYSIS
5.2 SUPPLY CHAIN ANALYSIS
6 VIRTUAL CLASSROOM MARKET, BY SEGMENTS
6.1 INTRODUCTION
6.2 MARKET STATISTICS
6.2.1 BY TYPE
6.2.1.1 TELECONFERENCING
6.2.1.2 WORLD WIDE WEB
6.2.1.3 COMBINATION OF TELECONFERENCING AND WORLD WIDE WEB
6.2.2 BY SERVICE
6.2.2.1 MANAGED SERVICES
6.2.2.2 PROFESSIONAL SERVICES
6.2.3 BY DEPLOYMENT
6.2.3.1 CLOUD
6.2.3.2 ON-PREMISE
6.2.4 BY APPLICATION
6.2.4.1 GOVERNMENT
6.2.4.2 ENTERPRISE/BUSINESS EDUCATION
6.2.4.3 IT & TELECOMMUNICATION
6.2.4.4 PROFESSIONAL SERVICES
6.2.4.5 HEALTHCARE
6.2.4.6 SCHOOL & COLLEGE
6.2.5 BY ORGANIZATION SIZE
6.2.5.1 SMALL AND MEDIUM ORGANIZATION
6.2.5.2 LARGE ORGANIZATION
6.2.6 BY GEORGAPHY
6.2.6.1 NORTH AMERICA
6.2.6.2 EUROPE
6.2.6.3 ASIA-PACIFIC
6.2.6.4 REST OF THE WORLD
7 COMPETITIVE ANALYSIS
7.1 MARKET SHARE ANALYSIS
7.2 COMPANY PROFILES
7.2.1 BRAINCERT (U.S.)
7.2.2 SAP SE (GERMANY)
7.2.3 DOCEBO (ITALY)
7.2.4 SABA SOFTWARE (U.S.)
7.2.5 SKYPREP (CANADA)
7.2.6 ORACLE CORPORATION (U.S.)
7.2.7 EDVANCE360 (U.S.)
7.2.8 BRAINIER (U.S.)
7.2.9 BLUEVOLT (U.S.)
7.2.10 INSTRUCTURE (U.S.)
7.2.11 OTHERS
LIST OF TABLES
TABLE 1 VIRTUAL CLASSROOM MARKET, BY TYPE
TABLE 2 VIRTUAL CLASSROOM MARKET, BY SERVICE
TABLE 3 VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT
TABLE 4 VIRTUAL CLASSROOM MARKET, BY APPLICATION
TABLE 5 VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE
TABLE 6 VIRTUAL CLASSROOM MARKET, BY REGION
TABLE 7 NORTH AMERICA VIRTUAL CLASSROOM MARKET, BY TYPE
TABLE 8 NORTH AMERICA VIRTUAL CLASSROOM MARKET, BY SERVICE
TABLE 9 NORTH AMERICA VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT
TABLE 10 NORTH AMERICA VIRTUAL CLASSROOM MARKET, BY APPLICATION
TABLE 11 NORTH AMERICA VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE
TABLE 12 U.S. VIRTUAL CLASSROOM MARKET, BY TYPE
TABLE 13 U.S. VIRTUAL CLASSROOM MARKET, BY SERVICE
TABLE 14 U.S. VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT
TABLE 15 U.S. VIRTUAL CLASSROOM MARKET, BY APPLICATION
TABLE 16 U.S. VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE
TABLE 17 CANADA VIRTUAL CLASSROOM MARKET, BY TYPE
TABLE 18 CANADA VIRTUAL CLASSROOM MARKET, BY SERVICE
TABLE 19 CANADA VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT
TABLE 20 CANADA VIRTUAL CLASSROOM MARKET, BY APPLICATION
TABLE 21 CANADA VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE
TABLE 22 EUROPE VIRTUAL CLASSROOM MARKET, BY TYPE
TABLE 23 EUROPE VIRTUAL CLASSROOM MARKET, BY SERVICE
TABLE 24 EUROPE VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT
TABLE 25 EUROPE VIRTUAL CLASSROOM MARKET, BY APPLICATION
TABLE 26 EUROPE VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE
TABLE 27 GERMANY VIRTUAL CLASSROOM MARKET, BY TYPE
TABLE 28 GERMANY VIRTUAL CLASSROOM MARKET, BY SERVICE
TABLE 29 GERMANY VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT
TABLE 30 GERMANY VIRTUAL CLASSROOM MARKET, BY APPLICATION
TABLE 31 GERMANY VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE
TABLE 32 FRANCE VIRTUAL CLASSROOM MARKET, BY TYPE
TABLE 33 FRANCE VIRTUAL CLASSROOM MARKET, BY SERVICE
TABLE 34 FRANCE VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT
TABLE 35 FRANCE VIRTUAL CLASSROOM MARKET, BY APPLICATOION
TABLE 36 FRANCE VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE
TABLE 37 U.K. VIRTUAL CLASSROOM MARKET, BY TYPE
TABLE 38 U.K. VIRTUAL CLASSROOM MARKET, BY SERVICE
TABLE 39 U.K. VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT
TABLE 40 U.K. VIRTUAL CLASSROOM MARKET, BY APPLICATION
TABLE 41 U.K. VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE
TABLE 42 REST OF EUROPE VIRTUAL CLASSROOM MARKET, BY TYPE
TABLE 43 REST OF EUROPE VIRTUAL CLASSROOM MARKET, BY SERVICE
TABLE 44 REST OF EUROPE VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT
TABLE 45 REST OF EUROPE VIRTUAL CLASSROOM MARKET, BY APPLICATION
TABLE 46 REST OF EUROPE VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE
TABLE 47 ASIA-PACIFIC VIRTUAL CLASSROOM MARKET, BY TYPE
TABLE 48 ASIA-PACIFIC VIRTUAL CLASSROOM MARKET, BY SERVICE
TABLE 49 ASIA-PACIFIC VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT
TABLE 50 ASIA-PACIFIC VIRTUAL CLASSROOM MARKET, BY APPLICATION
TABLE 51 ASIA-PACIFIC VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE
TABLE 52 ROW VIRTUAL CLASSROOM MARKET, BY TYPE
TABLE 53 ROW VIRTUAL CLASSROOM MARKET, BY SERVICE
TABLE 54 ROW VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT
TABLE 55 ROW VIRTUAL CLASSROOM MARKET, BY APPLICATION
TABLE 56 ROW VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 VIRTUAL CLASSROOM MARKET: BY TYPE (%)
FIGURE 3 VIRTUAL CLASSROOM MARKET: BY SERVICE (%)
FIGURE 4 VIRTUAL CLASSROOM MARKET: BY DEPLOYMENT (%)
FIGURE 5 VIRTUAL CLASSROOM MARKET: BY APPLICATION (%)
FIGURE 7 VIRTUAL CLASSROOM MARKET: BY ORGANIZATION SIZE (%)
FIGURE 8 VIRTUAL CLASSROOM MARKET: BY REGION (%)
FIGURE 9 NORTH AMERICA VIRTUAL CLASSROOM MARKET, BY TYPE (%)
FIGURE 10 NORTH AMERICA VIRTUAL CLASSROOM MARKET, BY SERVICE (%)
FIGURE 11 NORTH AMERICA VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT (%)
FIGURE 12 NORTH AMERICA VIRTUAL CLASSROOM MARKET, BY APPLICATION (%)
FIGURE 14 NORTH AMERICA VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE (%)
FIGURE 15 EUROPE VIRTUAL CLASSROOM MARKET, BY TYPE (%)
FIGURE 16 EUROPE VIRTUAL CLASSROOM MARKET, BY SERVICE (%)
FIGURE 17 EUROPE VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT (%)
FIGURE 18 EUROPE VIRTUAL CLASSROOM MARKET, BY APPLICATION (%)
FIGURE 20 EUROPE VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE (%)
FIGURE 21 ASIA-PACIFIC VIRTUAL CLASSROOM MARKET, BY TYPE (%)
FIGURE 22 ASIA-PACIFIC VIRTUAL CLASSROOM MARKET, BY SERVICE (%)
FIGURE 23 ASIA-PACIFIC VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT (%)
FIGURE 24 ASIA-PACIFIC VIRTUAL CLASSROOM MARKET, BY APPLICATION (%)
FIGURE 26 ASIA-PACIFIC VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE (%)
FIGURE 27 ROW VIRTUAL CLASSROOM MARKET, BY TYPE (%)
FIGURE 28 ROW VIRTUAL CLASSROOM MARKET, BY SERVICE (%)
FIGURE 29 ROW VIRTUAL CLASSROOM MARKET, BY DEPLOYMENT (%)
FIGURE 30 ROW VIRTUAL CLASSROOM MARKET, BY APPLICATION (%)
FIGURE 32 ROW VIRTUAL CLASSROOM MARKET, BY ORGANIZATION SIZE (%)