![]() ![]() Further, the demand is driven by Europe's dedication to continuous learning and skill development, as the metaverse offers a platform for ongoing professional growth and the development of skills relevant to the future. Significantly expanding economies in the European region, such as in the UK, Germany, France, and the rest of Europe, is anticipated to create a market for corporate and academic users of the metaverse in education. Europe has dominated the deployment of metaverse in education market. The Europe region is expected to hold the second-highest CAGR during the forecast period. To seamlessly integrate the metaverse within existing or new systems, the need for system integration services is demanded by corporators and educators in the metaverse in the education market.īased on region, the Europe region holds the second-highest CAGR during the forecast period Metaverse education development platform, metaverse app development, metaverse NFT marketplace development, metaverse real estate platform development, metaverse social media platform development, and metaverse event platform development are a few services offered in the metaverse application development business. Educators require these services and cooperate at various stages, from pre-sales requirement assessment to post-sales product deployment and execution, thus enabling the client to get maximum RoI. The application development and system integration segment will hold the highest CAGR during the forecast period. The metaverse in the education market, by professional services, is segmented into application development, system integration, strategy, and business consulting. Microsoft HoloLens 2 is primarily in charge of the MR devices segment and is anticipated to gain popularity in the education market for experiencing the metaverse.īy professional services, the application development and system integration segment held the highest CAGR during the forecast period Users have responded positively to these displays from brands including Samsung Electronics, Lenovo, and Meta Platforms, Inc. The most popular AR device for industrial applications is AR smart glasses, which help AR devices grow.įurthermore, head-mounted devices (HMDs) are anticipated to be at the core of the market's expansion in the VR devices segment. The use of AR technology in numerous applications has grown because of its capacity to merge the actual world with virtual items. The AR, VR, and MR devices are predicted to rise due to the use of heads-up devices (HUD) in the metaverse in the education market.
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