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.
The STEM simulation learning segment accounted for more than 70% of the total market share. Vendors are devising simulations for students of STEM courses, which can supplement traditional classroom courses. These simulation learning courses are scalable and can cater to the learning needs of a vast number of higher education students irrespective of their locations. The growing penetration of STEM simulation learning in developed countries will boost this market’s growth in the coming years.
APAC will be the fastest-growing region in the simulation learning market in the higher education sector. Much of this region’s growth can be attributed to the high demand for packaged content and the increased use of tablets and laptops by higher education students. Factors such as high penetration of broadband services, increasing technology deployment in colleges and universities, digitization, new education policies, and high enrollment in online higher education will drive simulation learning in the higher education sector in APAC.
In 2018, the global Simulation Learning in Higher Education market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Simulation Learning in Higher Education status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Simulation Learning in Higher Education development in United States, Europe and China.
The key players covered in this study
CapSim Management Simulation
Innovative Learning Solutions
Simmersion Immersive Simulations
Market segment by Type, the product can be split into
STEM Simulation Learning
Non-STEM Simulation Learning
Market segment by Application, split into
General Higher Education
Adult Higher Education
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Simulation Learning in Higher Education status, future forecast, growth opportunity, key market and key players.
To present the Simulation Learning in Higher Education development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Simulation Learning in Higher Education are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.