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Virtual and Remote Laboratories Market in Europe 2016-2020

  • Published: Jun 2016
  • Pages: 54
  • SKU: IRTNTR8859
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This market research study presents a detailed segmentation of the virtual and remote laboratories market in Europe by product (remote and virtual) and by end user (institutions and individual learners). The key vendors in the market are Labster, Linkare, Macmillan, and McGraw-Hill Education.

Overview of the virtual and remote laboratories market

Technavio’s market research analyst predicts the virtual and remote laboratories market in Europe will grow at an impressive CAGR of close to 37% during the forecast period. With the huge growth in the e-learning market, the market for virtual and remote laboratories has a positive outlook over the forecast period. A major factor which is propelling growth is cooperation between educational institutions and the access to labs in different countries. Integration of telecom technologies is making it easier for students to access remote labs and record their experiments and observations for review at a later date.

In this industry report, the analysts estimate that integration of virtual laboratories and 3-D games is on the rise in educational institutions. 3-D technology helps students grasp complex concepts and subjects far more easily. This trend is quite prevalent at many universities, and many of these simulation-based labs can be downloaded for free. Apart from free software, the market for paid services offering advanced features is growing. As this technology gains traction, vendors willing to adopt 3-D will propel market growth in the forecast period.

Segmentation by product and analysis of the virtual and remote laboratories market

  • Remote
  • Virtual

The remote laboratories segment has the largest market share and is expected to retain its market leadership with close to 53% market share by the end of 2020. As more students are choosing STEM-related careers, universities, and educational institutions are looking for new ways to make education interactive. They are investing in remote labs so that students have the opportunity to carry out experiments that are essential to their coursework.

End-user segmentation of the virtual and remote laboratories market

  • Institutions
  • Individual learners

In this market study, analysts have estimated the institutions segment to account for a profound market share of almost 72% by 2020. The customization of vendors’ offerings as per the requirements of their customers will lead to the growth of the institutions segment during the forecast period. In addition, the availability of incorporated offerings at subsidized rates for institutional buyers will also lead to the growth of this market segment over the next four years.

Competitive landscape and key vendors

The virtual and remote laboratories market in Europe is an emerging market and is expected to gain traction quite quickly over the next few years. A major factor propelling this growth is the rising number of educational institutions that are trying to use the Internet and advances in educational technology to create new programs. Leading vendors are expanding into the digital domain to expand their product and consumer bases, whereas start-ups like Labster are using cutting edge technology to gain a market advantage.

 Key vendors in this market are -

  • Labster
  • Linkare
  • Macmillan
  • McGraw-Hill Education

Other prominent vendors in this market are Cengage Learning, John Wiley & Sons, Pearson Education, Smart Science Education, and Hurix Systems.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the virtual and remote laboratories market in Europe?
  • What are the key market trends impacting the growth of the virtual and remote laboratories market in Europe?
  • What are the challenges to market growth?
  • Who are the key vendors in the virtual and remote laboratories market in Europe?
  • What are the market opportunities and threats faced by the vendors in the virtual and remote laboratories market in Europe?
  • Trending factors influencing the market shares of Europe.
  • What are the key outcomes of the five forces analysis of the virtual and remote laboratories market in Europe?

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Related reports

A virtual laboratory is an interactive environment for creating and conducting simulated experiments and enables students to create information by collecting it from the physical world. A remote computer access to laboratory instruments allows students to perform actual experiments any time and from any location. This technology augments the flexibility of laboratory education and introduces students to remote experimentation. Pearson, Scholastic, and Discovery Education are some of the leading vendors in this market.

The virtual and remote laboratories market in Europe report is part of Technavio’s education portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as education technology, K12 and higher education, and school and college essentials. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.

Table of Contents

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 laboratories
  • Remote laboratories
  • Virtual and remote laboratories market in Europe
  • Five forces analysis

PART 06: Market segmentation by product

  • Virtual and remote laboratories market in Europe by product
  • Remote laboratories market in Europe
  • Virtual laboratories market in Europe

PART 07: Market segmentation by end-user

  • Virtual and remote laboratories market in Europe by end-users
  • Virtual and remote laboratories market in Europe in institutions
  • Virtual and remote laboratories market in Europe by individual learners

PART 08: Key leading countries

  • Virtual and remote laboratories market in Europe by key leading countries
  • Virtual and remote laboratories market in UK
  • Virtual and remote laboratories market in Germany
  • Virtual and remote laboratories market in France

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

  • Competitive scenario

PART 15: Key vendor analysis

  • Labster
  • Linkare
  • Macmillan Learning
  • McGraw-Hill Education

PART 16: Other prominent vendors

PART 17: Appendix

  • List of abbreviations

PART 18: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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