About Simulation Learning in Higher Education
Simulation Learning in Higher Education is used to provide training and education to boost the development of skills like decision-making and critical thinking. With growing advances in technology, the demand for the computer-based simulations has increased. These simulations provide virtual learning environments (VLEs) that help a learner to explore information through active involvement in the curriculum. The growing use of simulation learning in the education sector has driven the market demand
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 18.8% |
Analyst at AMA Research estimates that United States, United Kingdom, and Indian Players will contribute the maximum growth to Global Simulation Learning in Higher Education market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Forio (United States), Infopro Learning, Inc. (United States), McGraw-Hill Education (United States), Pearson Education (United Kingdom), CapSim Management Simulation (United States), Edufice Education Services Private Limited (India), Indusgeeks Solutions Pvt. Ltd. (India), Innovative Learning Solutions (United States), Realityworks (United States), Simmersion Immersive Simulations (United States), SIMTICS Ltd. (New Zealand), Toolwire (United States) and VChain Solutions (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Simulation Learning in Higher Education market by Type (STEM Simulation Learning and Non-STEM Simulation Learning), Application (General Higher Education and Adult Higher Education) and Region.
On the basis of Type, STEM Simulation Learning are dominating the market and held 78.14% of market share in the year 2024 where as Non-STEM Simulation Learning stood as second largest market share and accounted for 21.86%.
On the basis of application, General Higher Education segment is dominating the market in the year 2024 where as Adult Higher Education segment stood as second largest market .On the basis of geography, the market of Simulation Learning in Higher Education has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2024. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End User, the sub-segment i.e. Colleges and Universities will boost the Simulation Learning in Higher Education market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Virtual Simulations in Education Sector
Market Growth Drivers:
Inclusion of Simulations in New Learning Methodologies and Use of 3D Content in Simulations Learning
Restraints:
Constraints Related to Time and Batch Size
Opportunities:
Stronger Focus on Experiential and Inquiry-Based Learning and Emergence of Tools that Simplify the Creation Of Simulations
Key Target Audience
Private Equity Firms, New Entrants/Investors, Simulation Learning in Higher Education Providers, Government Regulatory and Research Organizations and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.