As most of us know, Virtual Reality (VR) technology is increasingly used in the education sector to enhance student learning and engagement.
According to a recent study by Zion Market Research, the global VR in education market is expected to grow at a compound annual growth rate of more than 50% between 2021 and 2026.
Several factors, including the increasing adoption of VR technology by schools and universities, the growing awareness of the benefits of VR for learning, and the falling costs of VR hardware and software, drive this rapid growth.
Benefits of the Virtual Reality (VR)
One of the most obvious benefits of VR in education is that it allows students to experience and explore new environments and concepts in an immersive and interactive way. For example, students can visit museums and historical sites, perform virtual lab experiments, and even take virtual field trips to other countries. This can be particularly useful for students who may have yet to have the opportunity to visit these places in person.
New benefits are getting recognized since the amount of use-cases keeps growing.
One additional benefit of VR in education is its ability to increase student engagement and motivation. Learning materials become a hands-on experience rather than a static reference material the moment students can interact with the material. This can be especially important for students needing help with traditional learning methods.
In addition to these benefits, VR technology can be a cost-effective solution for schools and universities. A report by EdTech Magazine suggests that VR can reduce the cost of field trips and other experiential learning opportunities, as well as the cost of physical materials such as textbooks and lab equipment.
Statistics about Virtual Reality
The falling prices of VR hardware and software, have also made it more accessible for schools and universities to implement VR in their classrooms. According to a VR/AR Association survey, 70% of K-12 educators believe that VR can transform the way students learn. A report by Global Industry Analysts estimates that the global market for VR in education will reach $45.09 billion
A report by EdTechXGlobal found that the use of VR in education has increased by over 50% in the past year.
These are just a few statistics that underline the growing popularity of emerging technologies such as VR in education and learning, and its use being likely to continue to grow in the coming years.