AR and VR in Training Market: Introduction

  • Virtual reality (VR) and augmented reality (AR) are high profile tools used in employee training and development. Augmented reality (AR) and virtual reality (VR) are used by organizations to train their employees so that they can work smarter, safer, and be more productive.
  • The COVID-19 outbreak has been a primary catalyst to revolutionize the training industry by using augmented reality (AR) and virtual reality (VR). Governments of countries across the world have imposed lockdowns to curb the spread of the disease. Hence, organizations are adopting AR and VR in training as well as in other enterprise functions. This is projected to boost the global AR and VR in training market. Moreover, the pandemic outbreak has induced enterprises to deploy AR and VR solutions for learning and knowledge management in order to overcome cognitive barriers. This, in turn, is anticipated to create significant opportunities in the global AR and VR in training market during the forecast period.

Get Sample Copy@:

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=81719

Global AR and VR in Training Market: Market Dynamics

  • Rise in need of AR and VR across small & medium and large enterprises in order to provide the workforce with a more holistic experience is expected to boost the growth of the AR and VR in training market.
  • Surge in demand for AR and VR in various industries such as aerospace & defense, healthcare, and retail for training & simulation exercises is likely to fuel the growth of the global AR and VR in training market
  • Increase in penetration of smart devices in large enterprises across the world is projected to accelerate the growth of the AR and VR in training market during the forecast period
  • However, ineffective user experience design and slow adoption of AR & VR across underdeveloped countries are the major factors projected to restrain the global AR and VR in training market.

North America to Account for Major Share of Global AR and VR in Training Market

  • In terms of region, the global AR and VR in training market can be segmented into North America, South America, Europe, Asia Pacific, and Middle East & Africa
  • North America is anticipated to lead the global AR and VR in training market during the forecast period due to the presence of well-established players that offer AR and VR in training solutions in the U.S. and Canada.
  • The AR and VR in training market in Europe is anticipated to be driven by rise in adoption of AR & VR in industrial sites to improve efficiency and safety at the workplace
  • Asia Pacific is expected to hold significant share of the global AR and VR in training market in the near future due to rise in demand for AR and VR in manufacturing sites in order to close the skill gap of the workforce

Global AR and VR in Training Market: Competitive Landscape

Key Players Operating in Global AR and VR in Training Market

Companies operating in the global AR and VR in training market are increasingly investing in research & development activities to provide AR and VR in training solutions. The global AR and VR in training market is highly fragmented, with the presence of large number of manufacturers in developed and developing countries. Key players operating in the global AR and VR in training market include:

  • Yeppar
  • RE’FLEKT GmbH
  • InfiVR
  • VIRNECT CO., LTD.
  • Hurix
  • Accenture plc
  • Microsoft Corporation
  • Samsung Electronics Co., Ltd.
  • Sony
  • Alphabet (Google, Inc.)
  • Magic Leap, Inc.
  • Wikitude GmbH

Request For PreBook Report@:

https://www.transparencymarketresearch.com/checkout.php?rep_id=81719&ltype=S

Global AR and VR in Training Market: Research Scope

Global AR and VR in Training Market Segmentation, by Component

  • Solution
    • Content Management
    • Device Management
    • 3D Modeling
  • Hardware
    • Mobile Computing Devices
    • Virtual Reality Devices
    • Head-mounted Gear
    • Gesture-tracking Device
    • Displays & Projectors
    • Security & Video Cameras
    • Others (3D printers, and smart ID cards)
  • Services
    • Professional Services
      • Training & Consulting
      • Deployment & Integration
      • Support & Maintenance
    • Managed Services

Global AR and VR in Training Market Segmentation, by Deployment

  • On-premise
  • Cloud

Global AR and VR in Training Market Segmentation, by Training Type

  • Customer Service Training
  • Product Knowledge Training
  • Sales Training
  • Safety Training

Global AR and VR in Training Market Segmentation, by Enterprise Size

  • Small & Medium Enterprise
  • Large Enterprise

Global AR and VR in Training Market Segmentation, by Industry

  • BFSI
  • IT & Telecom
  • Healthcare
  • Transportation & Logistics
  • Manufacturing
  • Media & Entertainments
  • Automotive
  • Aerospace & Defense
  • Others

Global AR and VR in Training Market Segmentation, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • U.A.E.
    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

Alternative Keywords:

  • AR/VR/MR Training Solutions
  • AR/VR Training Platform

Read Our Latest Press Release:

https://www.prnewswire.com/news-releases/thermoform-packaging-market-to-rise-at-us-82-billion-by-2027-high-demand-from-pharmaceutical-and-food-beverage-sector-to-generate-considerable-revenue—tmr-301318338.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

Contact

Transparency Market Research State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here