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Technavio’s market research analysts estimate the virtual and remote laboratories market in the US to grow at a high CAGR of more than 36% by 2020. The concept of virtual and remote laboratories has led to cross-institutional cooperation, where students of one university can access virtual and remote laboratories of other educational institutions. Virtual and remote laboratories provide a cost-efficient learning method, encouraging institutions to support distance education. It gives students the option to record their laboratory experiments and observations so that they can use it as a reference in the future. Institutions with limited expenditure will increase their usage of remote laboratories in the coming years, thereby contributing to the market’s growth.
One of the latest trends gaining prominence in the market is the integration of learning management systems (LMS) with virtual and remote laboratories. This combination plans, implements, and evaluates the learning processes, thereby helping instructors to offer a holistic e-learning program to their students. For instance, UNEDLabs is a network of virtual and remote laboratories integrated with LMS features. It uses a booking system to control the accessibility of remote laboratories. With more institutions capitalizing on their LMS to offer better effective virtual and remote laboratory experiences, the growth prospects for this market is expected to increase during the forecast period.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end-users
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Other prominent vendors
PART 16: Appendix
PART 17: Explore Technavio
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