Metaverse In Education Market Key Growth Factor Analysis, And Research Study 2028

June 2, 2023 ⚊ 1 Min read ⚊ Views 51 ⚊ TECHNOLOGY

The Metaverse in the Education Market is expected to grow from USD 3.9 billion in 2023 to USD 19.3 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 37.7% during the forecast period. The term “metaverse” can describe a networked system of 3D virtual spaces.

It is a collective virtual shared space incorporating various digital environments, including VR, AR, and other immersive technologies. When the current educational system is criticized for being disconnected from the real world, the metaverse can help create virtual worlds that enable teachers to communicate with students regardless of geographic restrictions.

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