Market Overview:
The global virtual laboratories platform market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for online learning and training, rising adoption of VR/AR technology in education sector, and growing number of e-learning platforms. However, lack of awareness about virtual laboratories among students and educators may restrain the market growth during the forecast period. Based on type, the global virtual laboratories platform market is segmented into VR/AR-based and other types. The VR/AR-based segment is expected to grow at a higher CAGR during the forecast period as compared to other types due to its ability to provide immersive learning experience. Based on application, the global virtual laboratories platform market is segmented into study & research, individual learners, and others (corporate training & development). Among these applications, study & research held majority share in 2017 owing to increasing adoption of online learning by students for better understanding of theoretical concepts.
Product Definition:
A Virtual Laboratories Platform is a system that enables users to remotely access laboratory equipment and resources. The platform allows researchers to conduct experiments, simulations, and other tasks from any location with an internet connection. This can be helpful for universities and research institutions that want to provide their students and researchers with greater access to lab resources without having to purchase or maintain the necessary equipment.
Based on VR/AR:
Based on VR/AR, it's usage.
*** Based on the virtual or augmented reality technology, its application in laboratory testing is expected to grow at a significant rate. The factors that propel the growth of this industry include increasing investments by companies for research & development activities and rising adoption of consumer-oriented technologies such as headsets.
Other:
Other is a set of tools and technologies that are used to build, deploy, test and analyze virtual laboratory solutions. It includes software such as Vagrant, Packer, AWS Cloud9 IDE etc. Other also provides services such as integration with cloud providers (AWS/Azure) or on-premise deployment for lab management solution vendors.
Application Insights:
The study & research application segment accounted for the largest market share in 2017. This is attributed to the increasing number of academic institutions and enterprises that are adopting these platforms for advanced studies. For instance, The University of Texas at Austin has deployed several hundred lab-in-the-box solutions across various subjects such as architecture, engineering, science and math over the last few years. These solutions have been installed on Lenovo laptops with Windows 10 operating system.
The individual learners platform is expected to register a significant CAGR during the forecast period owing to its rising adoption by individuals who are taking online courses or self-learning programs related to virtual reality or augmented reality technology.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of industry players, high adoption rate of new technologies and increasing focus on research activities by educational institutions in this region. Asia Pacific is expected to witness significant growth over the forecast period owing to rising investments by various governments for implementation of advanced learning solutions. Moreover, increasing penetration rates for smartphones and tablets are anticipated to drive demand for virtual reality applications across this region. Furthermore, growing popularity among individuals using VR apps is further expected to fuel regional growth during the forecast period.
The Latin American market also presents lucrative opportunities due as well as risks associated with emerging technologies such as augmented reality (AR) and virtual reality (VR).
Growth Factors:
- Increasing demand for online learning and virtual laboratories from students and professionals for acquiring new skills
- Proliferation of internet-connected devices and growing penetration of broadband services
- Rising adoption of cloud-based laboratory solutions by educational institutions and enterprises
- Emergence of new technologies such as big data, analytics, artificial intelligence, and the Internet of Things (IoT) that are fuelling the growth of virtual laboratories market
- Growing number of research collaborations between academic institutions and industry to develop innovative laboratory solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Virtual Laboratories Platform Market Research Report
By Type
Based on VR/AR, Other
By Application
Study & Research, Individual Learners, Others
By Companies
Labster Aps, PraxiLabs, Smart Science Education, CloudLabs, Mcmillan Learning, Procan, McGraw-Hill Education, Cengage Learning, PNX Labs, LightTrans, VRLab Academy, Vmware
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Virtual Laboratories Platform Market Report Segments:
The global Virtual Laboratories Platform market is segmented on the basis of:
Types
Based on VR/AR, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Study & Research, Individual Learners, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Labster Aps
- PraxiLabs
- Smart Science Education
- CloudLabs
- Mcmillan Learning
- Procan
- McGraw-Hill Education
- Cengage Learning
- PNX Labs
- LightTrans
- VRLab Academy
- Vmware
Highlights of The Virtual Laboratories Platform Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Based on VR/AR
- Other
- By Application:
- Study & Research
- Individual Learners
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Virtual Laboratories Platform Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Virtual Laboratories Platform is a cloud-based platform that helps researchers and scientists to collaborate on projects. It provides a secure environment for sharing data, files, and tools across multiple devices. Researchers can also use the platform to share research results with other scientists.
Some of the major companies in the virtual laboratories platform market are Labster Aps, PraxiLabs, Smart Science Education, CloudLabs, Mcmillan Learning, Procan, McGraw-Hill Education, Cengage Learning, PNX Labs, LightTrans, VRLab Academy, Vmware.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Virtual Laboratories Platform Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Virtual Laboratories Platform Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Virtual Laboratories Platform Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Virtual Laboratories Platform Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Virtual Laboratories Platform Market Size & Forecast, 2018-2028
4.5.1 Virtual Laboratories Platform Market Size and Y-o-Y Growth
4.5.2 Virtual Laboratories Platform Market Absolute $ Opportunity
Chapter 5 Global Virtual Laboratories Platform Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Virtual Laboratories Platform Market Size Forecast by Type
5.2.1 Based on VR/AR
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Virtual Laboratories Platform Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Virtual Laboratories Platform Market Size Forecast by Applications
6.2.1 Study & Research
6.2.2 Individual Learners
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Virtual Laboratories Platform Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Virtual Laboratories Platform Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Virtual Laboratories Platform Analysis and Forecast
9.1 Introduction
9.2 North America Virtual Laboratories Platform Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Virtual Laboratories Platform Market Size Forecast by Type
9.6.1 Based on VR/AR
9.6.2 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Virtual Laboratories Platform Market Size Forecast by Applications
9.10.1 Study & Research
9.10.2 Individual Learners
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Virtual Laboratories Platform Analysis and Forecast
10.1 Introduction
10.2 Europe Virtual Laboratories Platform Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Virtual Laboratories Platform Market Size Forecast by Type
10.6.1 Based on VR/AR
10.6.2 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Virtual Laboratories Platform Market Size Forecast by Applications
10.10.1 Study & Research
10.10.2 Individual Learners
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Virtual Laboratories Platform Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Virtual Laboratories Platform Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Virtual Laboratories Platform Market Size Forecast by Type
11.6.1 Based on VR/AR
11.6.2 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Virtual Laboratories Platform Market Size Forecast by Applications
11.10.1 Study & Research
11.10.2 Individual Learners
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Virtual Laboratories Platform Analysis and Forecast
12.1 Introduction
12.2 Latin America Virtual Laboratories Platform Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Virtual Laboratories Platform Market Size Forecast by Type
12.6.1 Based on VR/AR
12.6.2 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Virtual Laboratories Platform Market Size Forecast by Applications
12.10.1 Study & Research
12.10.2 Individual Learners
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Virtual Laboratories Platform Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Virtual Laboratories Platform Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Virtual Laboratories Platform Market Size Forecast by Type
13.6.1 Based on VR/AR
13.6.2 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Virtual Laboratories Platform Market Size Forecast by Applications
13.10.1 Study & Research
13.10.2 Individual Learners
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Virtual Laboratories Platform Market: Competitive Dashboard
14.2 Global Virtual Laboratories Platform Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Labster Aps
14.3.2 PraxiLabs
14.3.3 Smart Science Education
14.3.4 CloudLabs
14.3.5 Mcmillan Learning
14.3.6 Procan
14.3.7 McGraw-Hill Education
14.3.8 Cengage Learning
14.3.9 PNX Labs
14.3.10 LightTrans
14.3.11 VRLab Academy
14.3.12 Vmware
