Global Simulation Learning market will reach 22100 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/9/16

Simulations imitate a real phenomenon and are used in the field of training and education to boost the development of skills like decision-making and critical thinking. In the past, simulations were restricted to fields like military, aviation, and medicine and involved methods like role play, mannequins, and interactive videos. With the advances in technology, there has been the emergence of computer-based simulations. Simulations have been adopted to a considerable extent by higher education institutions as they enable instructors to leverage innovative educational paradigms like experiential learning, collaborative learning, prompt feedback, and interactivity.

Simulations are an essential part of virtual learning environments (VLEs) that help a learner to explore information through active involvement in the curriculum.

United States has the largest global export quantity and manufacturers in Simulation Learning market, while the Europe is the second sales volume market for Simulation Learning in 2017.

In 2018, the global Simulation Learning market size was 8220 million US$ and it is expected to reach 22100 million US$ by the end of 2025, with a CAGR of 15.2% during 2019-2025.

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