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Virtual Classroom Market Analysis 2017-2023: Key Findings, Regional Study, Top Key Players Profiles, Trends and Future Prospects

(March 06, 2018)

"Virtual Classroom Market"
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 2023

Global Virtual Classroom Market Overview:

A virtual classroom is software-based learning which resembles the scenario of a physical classroom. The virtual classrooms are of two types, they can be web-based or teleconferencing and can be accessed through a portal where the user can interact with the other users. Many schools and enterprises have deployed virtual classrooms which helps in providing remote education. It possesses various applications such as web conferencing, live streaming and web-based VoIP which allows for communication purposes in real-time. Virtual classroom has numerous advantages such as live on-demand instructions; learner-centered instruction, target teaching, and training, peer to peer learning and many more.

The availability of trainers and experts remotely, recording facility, low-cost packages are the major factors that are driving the global virtual classroom market. Portability and scalable learning across employees and students are fuelling the market growth. Increase in usage of smartphones and development of classroom applications compatible with smartphones are the rocketing the market growth.

Virtual Classroom Market providers incorporate technologies like HD video conferencing and online server recording services to enable better content. By deploying WebRTC standard, the videos can be able to support video streaming in high quality. The growing digitization in learning sector and demand for cloud-based services are promoting global virtual classroom market.

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Major Key Players:

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.)  are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Virtual Classroom Market.

Industry News:

February, 2018 – SWOO, the leading live streaming platform, is developing platform for both teachers and students where they can connect over video remotely and bringing classrooms to living rooms. Alef  Education partnered with SWOO to implement this strategy in UAE.

February, 2018 – Google education launched an update to their existing version of virtual classroom known as G suite. The update helps in transferring of ownership to the students who can take the class. To promote personalized learning, Google launched this upgrade. Students can check the next day schedule and can prepare in advance helping to lead the class.

Global Virtual Classroom Market Competitive Analysis:

The Market for virtual classroom resembles to be highly contentious. The market leaders and new entrants keep on investing apart from their revenue into research and developments related to the market. These enterprises tend to improve the quality and productivity of their business operation to maintain a cost-effective product portfolio. Prominent vendors of virtual classroom market are targeting to invest more in technology, research, and development activities to innovate their already existing products.

Global Virtual Classroom Market Segmentation:

The Global Virtual Classroom Market can be segmented in to 6 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by type: Comprises Teleconferencing, World Wide Web, Combination of Teleconferencing and World Wide Web

Segmentation by service: Comprises professional and managed services.

Segmentation by deployment: Comprises on-premise and on-cloud.

Segmentation by organization size: Comprises SME and large enterprises

Segmentation by application: Comprises government, Enterprise/Business Education, Healthcare, IT & Telecommunication

Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific   and Rest of the World.

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Global Virtual Classroom Market Regional Analysis:

Regionally global virtual classroom market is studied in North America, Europe, Asia Pacific and Rest of the world. North America holds the dominant market share for global virtual classroom market. Owing to the presence of significant virtual classroom service providers, technically advanced regarding cloud deployment are promoting the growth in the region. The Asia Pacific is anticipated to grow at a rapid rate. The rise in usage of cloud-based services and increase in usage of mobile devices and demand for self-learning courses are driving the market.

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