What Influences the Virtual Reality in Education Market Size and Growth Forecasted from 2024 to 2029?
The Virtual Reality (VR) in education market size has shown exponential growth recently, rising from $16.13 billion in 2024 to $22.26 billion in 2025, at a compound annual growth rate (CAGR) of 38.0%. The historic period’s growth is attributed to increased adoption of online education, demand for interactive and personalized learning experiences, rising adoption of virtual learning environments, and replacement of physical learning materials with VR.
Looking at the forecast period, the VR in education market size is projected to reach $86.96 billion in 2029, at a CAGR of 40.6%. This growth can be associated with increasing internet penetration rates, rising demand for immersive learning experiences, growing adoption of VR in K-12, higher education, and vocational training. Major trends include collaborative VR environments for group learning, use of VR for skill-based training and simulation, integration of gamification elements in VR education, and the development of VR educational analytics for performance tracking.
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What Are the Key Drivers of Growth in The Virtual Reality in Education Market?
The growth of the VR in education market is driven by the increasing internet penetration. Today, a large portion of the population’s lives are immersed in digital technology, with the internet becoming an effective platform for conducting virtual courses. For example, in 2023, the Government of Canada projected that by 2026, high-speed Internet access in Canada is expected to reach 98% of the population. By 2030, this will rise to 100%, achieving full Internet penetration nationwide. Such increasing internet penetration propels the virtual reality in education market growth.
Which Are the Key Segments of The Virtual Reality in Education Market?
* By Component: Hardware, Solutions And Software
* By Deployment: Cloud, On-Premises
* By Application: Residential, Academic And Training Institutions, Other Applications
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Who Are the Major Players in The Virtual Reality in Education Market?
Major companies operating in the virtual reality in education market include Google LLC, Microsoft Corporation, Facebook Technologies LLC, International Business Machines Corporation, HTC Corporation, Samsung Electronics Co Ltd, Lenovo Limited, Sony Corporation, Avantis Systems Ltd., Veative Labs Pvt. Ltd., VR Education Holdings plc, and others.
What Emerging Trends Are Influencing the Virtual Reality in Education Market?
The adoption of Augmented Reality (AR) applications leveraging the upcoming 5G technology is shaping the VR in education market. For instance, in June 2023, National University, a US-based private university, will launch a virtual reality campus to enhance teaching, learning, and student engagement, which also allows online learners to interact remotely and participate in activities as they would in a physical setting.
Which Region Has the Largest Share in The Virtual Reality in Education Market?
As of 2024, North America held the largest share in the virtual reality in education market. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Virtual Reality In Education Market Report 2025 Offer?
This market report provides insights into the global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. Virtual Reality (VR) is an artificial environment that enhances student engagement, provides hands-on training, and facilitates complex subjects like science, history, and engineering.
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