Virtual And Remote Laboratories Market In Europe 2024-2028
The virtual and remote laboratories market in europe is forecasted to grow by USD 599 mn during 2023-2028, accelerating at a CAGR of 11.95% during the forecast period. The report on the virtual and remote laboratories market in europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for cost-effective laboratory model, rising number of students opting for engineering education, and adapting stronger e-learning framework.
Technavio's virtual and remote laboratories market in europe is segmented as below:
- By Type
- Remote laboratories
- Virtual laboratories
- By End-user
- Institutions
- Individual learners
- By Geographical Landscape
- Europe
This study identifies the adoption of inquiry-based learning (IBL) as one of the prime reasons driving the virtual and remote laboratories market in europe growth during the next few years. Also, growing technological innovations and advancements in virtual and remote laboratories and science fairs and events stimulating interest in STEM-related careers will lead to sizable demand in the market.
The report on the virtual and remote laboratories market in europe covers the following areas:
- Virtual and remote laboratories market in europe sizing
- Virtual and remote laboratories market in europe forecast
- Virtual and remote laboratories market in europe industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading virtual and remote laboratories market in europe vendors that include A KRUSS Optronic GmbH, Cengage Learning Inc., ERIGrid 2.0, Georg von Holtzbrinck GmbH and Co. KG, International Labmate Ltd., Labster Group ApS, Learning Science Ltd, Merck KGaA, Microsoft Corp., Pearson Plc, Platinum Equity Advisors LLC, PNX Labs GmbH, Roquette Freres SA, Salesforce Inc., Saros Technology Ltd., Schauenburg Service GmbH, The MathWorks Inc., TUV NORD AG, VDE Verband der Elektrotechnik Elektronik Informationstechnik e., and Virtual Hacking Labs. Also, the virtual and remote laboratories market in europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.