AR and VR in Education Market: A $14.2 Billion Opportunity by 2028
The Augmented and Virtual Reality (AR and VR) in Education Market is experiencing exponential growth, driven by advancements in technology and increasing demand for immersive learning experiences. Valued at USD 2.9 billion in 2022, the market is projected to reach USD 14.2 billion by 2028, with a remarkable CAGR of 29.6% during the forecast period. This rapid expansion is fueled by the adoption of AR and VR technologies across various educational settings, from academic institutions to corporate training environments. The market is segmented by offering type, including software, hardware, and services, as well as by device type, deployment method (on-premise and cloud), and end users. The integration of these technologies into educational curricula is revolutionizing the way knowledge is delivered and absorbed, providing engaging and interactive learning experiences that were previously unimaginable. As a result, AR and VR are poised to become integral components of the gl...