The global metaverse in education market size was significantly robust in 2021 and is expected to register rapidly inclining revenue CAGR over the forecast period. Increasing focus on providing immersive learning experiences, growing popularity of e-learning and metaverse, technological advancements metaverse tools, and increasing number of collaborations between edtech platforms and metaverse-based companies are some key factors expected to drive market revenue growth over the forecast period. Metaverse can enable students to develop a range of different skills through the creation of their own AR experiences in the Metaverse. Rapid shift towards e-learning and integration of technology in teaching and learning, accelerated by the COVID-19 pandemic, is a key factor contributing to engaging and interactive learning experiences and is expected to further fuel revenue growth of the market to a significant extent over the forecast period.
It also provides thorough coverage of various strategic alliances, including partnerships, joint ventures, product launches, brand promotions, and mergers and acquisitions. Key strategic alliances for product development and advancements is expected to add traction to market growth going ahead. The report also covers an in-depth analysis of the key competitors of the market along with their growth strategies and business expansion plans.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Metaverse in Education market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
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, Microsoft, The University of Miami, The University of Nevada
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Emergen Research has segmented the global Metaverse in Education market on the basis of type, application, end-use, and region:
The various regions analyzed in the report include:
Key Objectives of the Report:
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