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Simulation Learning in Higher Education Market, Global Outlook and Forecast 2024-2031

Simulation Learning in Higher Education Market, Global Outlook and Forecast 2024-2031

  • Published on : 05 January 2024
  • Pages :66
  • Report Code:SMR-7874826

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Report overview

Simulations imitate a real phenomenon and are used in the field of training and education to boost the development of skills like decision-making and critical thinking. In the past, simulations were restricted to fields like military, aviation, and medicine and involved methods like role play, mannequins, and interactive videos. With the advances in technology, there has been the emergence of computer-based simulations. Simulations have been adopted to a considerable extent by higher education institutions as they enable instructors to leverage innovative educational paradigms like experiential learning, collaborative learning, prompt feedback, and interactivity. Simulations are an essential part of virtual learning environments (VLEs) that help a learner to explore information through active involvement in the curriculum.
This report aims to provide a comprehensive presentation of the global market for Simulation Learning in Higher Education, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Simulation Learning in Higher Education. This report contains market size and forecasts of Simulation Learning in Higher Education in global, including the following market information:
Global Simulation Learning in Higher Education Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Simulation Learning in Higher Education market was valued at US$ million in 2023 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The STEM simulation learning segment accounted for more than 70% of the total market share. Vendors are devising simulations for students of STEM courses, which can supplement traditional classroom courses. These simulation learning courses are scalable and can cater to the learning needs of a vast number of higher education students irrespective of their locations. The growing penetration of STEM simulation learning in developed countries will boost this market?s growth in the coming years.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Simulation Learning in Higher Education companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Simulation Learning in Higher Education Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Simulation Learning in Higher Education Market Segment Percentages, by Type, 2023 (%)
STEM Simulation Learning
Non-STEM Simulation Learning
Global Simulation Learning in Higher Education Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Simulation Learning in Higher Education Market Segment Percentages, by Application, 2023 (%)
General Higher Education
Adult Higher Education
Global Simulation Learning in Higher Education Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Simulation Learning in Higher Education Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Simulation Learning in Higher Education revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Simulation Learning in Higher Education revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Forio
InfoPro Learning
McGraw-Hill Education
Pearson Education
CapSim Management Simulation
Edufice
Experiential Simulations
Indusgeeks Solutions
Innovative Learning Solutions
Realityworks
Simmersion Immersive Simulations
Simtics
Toolwire
VChain Solutions
Outline of Major Chapters:
Chapter 1: Introduces the definition of Simulation Learning in Higher Education, market overview.
Chapter 2: Global Simulation Learning in Higher Education market size in revenue.
Chapter 3: Detailed analysis of Simulation Learning in Higher Education company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Simulation Learning in Higher Education in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.