Virtual and Remote Laboratories Market in the US 2016-2020

  • ID: 3723318
  • Report
  • Region: United States
  • 61 pages
  • TechNavio
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FEATURED COMPANIES

  • Cengage Learning
  • Houghton Mifflin Harcourt
  • John Wiley & Sons
  • Labicom
  • LabsLand
  • Labster
  • MORE
About the Virtual and Remote Laboratories Market

Virtual laboratories are set up on an online platform and are used to create simulation of a science process or explanation of a subject. Advanced computer languages, such as MatLab and LabView, are used to develop these laboratories. They offer anywhere, anytime access to experiments and are designed for a specific subject or a course.

Through this online platform, students get the opportunity to compare reality with simulations and perform experiments under different circumstances. Although they generally do not involve remotely controlled instruments, the experiment data and process are collected from real-world experiments.

The analysts forecast the Virtual and Remote Laboratories Market in the US to grow at a CAGR of 36.65% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the Virtual and Remote Laboratories Market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of virtual and remote laboratories to institutions and individual learners from K-12 and higher education segments.

The report, Virtual and Remote Laboratories Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Labicom
- Labster
- Mcmillan Learning
- McGraw-Hill Education

Other prominent vendors
- Cengage Learning
- John Wiley & Sons
- Houghton Mifflin Harcourt
- LabsLand
- Pearson Education
- Smart Science Education

Market drivers
- STEM education initiatives in the US

Market challenges
- Lack of interest in STEM education in the US

Market trends
- Virtual reality in virtual and remote laboratories

Key questions answered in this report

- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cengage Learning
  • Houghton Mifflin Harcourt
  • John Wiley & Sons
  • Labicom
  • LabsLand
  • Labster
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Virtual and remote laboratories market in US
  • Five forces analysis
PART 06: Market segmentation by product
  • Virtual and remote laboratories market in US by product
  • Remote laboratories market in US
  • Virtual laboratories market in US
PART 07: Market segmentation by end-users
  • Virtual and remote laboratories market in US by end-users
  • Virtual and remote laboratories market in US in institutions
  • Virtual and remote laboratories market in US by individual learners
PART 08: Market drivers
  • STEM education initiatives in US
  • Stronger e-learning framework
  • Budget constraints in educational institutions
  • Growth of experiential and inquiry-based learning
  • Inclusion of virtual labs in new learning methodologies
PART 09: Impact of drivers

PART 10: Market challenges
  • Lack of interest in STEM education in US
  • Threat from free simulations and university projects
  • Availability of open source lab equipment and 3-D printers
  • Implementation issues
PART 11: Impact of drivers and challenges

PART 12: Market trends
  • Increase in investment and start-ups
  • Integration of LMS with virtual and remote laboratories
  • Virtual reality in virtual and remote laboratories
  • Augmented reality in virtual and remote laboratories
  • Integration of 3-D games with virtual laboratories
PART 13: Vendor landscape
  • Competitive scenario
  • Competitive benchmarking
PART 14: Key vendor analysis
  • Labicom
  • Labster
  • Macmillan Learning
  • McGraw-Hill Education
PART 15: Other prominent vendors
  • Other prominent vendors
PART 16: Appendix
  • List of abbreviations
PART 17: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Distribution of education market in US 2015 (%)
Exhibit 03: Major segments of education market in US 2014 ($ billions)
Exhibit 04: Information and communication technology trends in education market in US
Exhibit 05: Typical components of remote laboratory infrastructure
Exhibit 06: Comparison of physical, virtual, and remote laboratories
Exhibit 07: Skills enhanced by virtual and remote laboratories in STEM education
Exhibit 08: Virtual and remote laboratories market in US ($ millions)
Exhibit 09: Five forces analysis
Exhibit 10: Virtual and remote laboratories market in US by product 2015-2020 ($ millions)
Exhibit 11: Virtual and remote laboratories market in US by product 2015 (%)
Exhibit 12: Virtual and remote laboratories market in US by product 2020 (%)
Exhibit 13: Virtual and remote laboratories market in US by product 2015-2020 (%)
Exhibit 14: Remote laboratories market in US 2015-2020 ($ millions)
Exhibit 15: Virtual laboratories market in US 2015-2020 ($ millions)
Exhibit 16: Virtual and remote laboratories market in US by end-users
Exhibit 17: Virtual and remote laboratories market in US by end-users 2015-2020 ($ millions)
Exhibit 18: Virtual and remote laboratories market in US by end-users 2015 (%)
Exhibit 19: Virtual and remote laboratories market in US by end-users 2020 (%)
Exhibit 20: Virtual and remote laboratories market in US by end-users 2015-2020 (%)
Exhibit 21: Virtual and remote laboratories market in institutions segment 2015-2020 ($ millions)
Exhibit 22: Virtual and remote laboratories market in individual learners segment 2015-2020 ($ millions)
Exhibit 23: US government initiatives to advance STEM education 2015
Exhibit 24: E-learning market in US 2015-2020 ($ billions)
Exhibit 25: Global blended learning market 2015-2020 ($ billions)
Exhibit 26: Impact of drivers
Exhibit 27: CAGR in major STEM jobs between 2010 and 2020 (%)
Exhibit 28: Costs of dropping out
Exhibit 29: Global 3-D printing market 2015-2020 ($ billions)
Exhibit 30: Impact of drivers and challenges
Exhibit 31: Global virtual reality market 2015-2020 ($ billions)
Exhibit 32: Global augmented reality market 2015-2020 ($ billions)
Exhibit 33: Vendor matrix
Exhibit 34: Key vendors: Strategic initiatives overview
Exhibit 35: Labicom: Key offerings
Exhibit 36: Labster: Business offerings
Exhibit 37: Macmillan Learning: Product offerings in virtual and remote laboratories
Exhibit 38: McGraw-Hill Education: Business segmentation
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FEATURED COMPANIES

  • Cengage Learning
  • Houghton Mifflin Harcourt
  • John Wiley & Sons
  • Labicom
  • LabsLand
  • Labster
  • MORE
New Report Released: - Virtual and Remote Laboratories Market in the US 2016-2020

The author of the report recognizes the following companies as the key players in the Virtual and Remote Laboratories Market in the US: Labicom, Labster, Mcmillan Learning, and McGraw-Hill Education.

Other Prominent Vendors in the market are: Cengage Learning, John Wiley & Sons, Houghton Mifflin Harcourt, LabsLand, Pearson Education, and Smart Science Education.

Commenting on the report, an analyst from the research team said: “A trend to watch for in this market is the use of virtual reality in virtual and remote laboratories. Technology giants have started venturing into the market, seeing tremendous potential of virtual reality in the education sector. For instance, Facebook acquired Oculus VR for $2 billion in 2014. Virtual reality as a trend will greatly impact STEM education as institutions are constantly including more innovative methods of delivering STEM courses to retain students and evoke interest in the field.”

According to the report, a key growth driver in this market is the rise in STEM education initiatives in the US. Countries like China and Singapore have made major investments in improving STEM education. They have the highest rates of science and math literacy among OECD countries. The US government and corporates have realized that they are losing their competitive edge in the field of science and technology, eventually hindering the economic progress and innovative capacity. With the emergence of more such initiatives, instructors in educational institutions will get further impetus to improve and enhance their lessons. This will lead to the surge of emerging markets such as virtual and remote laboratories market in the US.

Further, the report states that a major challenge that could hamper market growth in the US is a lack of interest in STEM education.

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 a SWOT analysis of the key vendors.
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- Labicom
- Labster
- Mcmillan Learning
- McGraw-Hill Education
- Cengage Learning
- John Wiley & Sons
- Houghton Mifflin Harcourt
- LabsLand
- Pearson Education
- Smart Science Education
Note: Product cover images may vary from those shown
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