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Mixed Reality in Education Market to Grow by USD 0.33 million from 2024-2028, Driven by Growth in MR Classrooms and AI-Driven Market Transformation: Technavio Report

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NEW YORK, Sept. 30, 2024 /PRNewswire/ — The Global Mixed Reality in Education Sector Market  size is estimated to grow by USD 0.33 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 66.18

%  during the forecast period.  Increase in number of MR classrooms is driving market growth, with a trend towards increase in number of technology partnerships  However, increase in number of substitutes  poses a challenge – Key market players include 3D4Medical Ltd., Acer Inc., Alchemy Ltd., Alphabet Inc., Avantis Systems Ltd., Avegant Corp., Eon Reality Inc., fotonVR, GIGXR Inc., HP Inc., HTC Corp., Lenovo Group Ltd., Magic Leap Inc., Meta Platforms Inc., Microsoft Corp., Nearpod Inc., Osterhout Design Group, RedboxVR Ltd., Samsung Electronics Co. Ltd., Sony Group Corp., Unimersiv, Veative Labs, VictoryXR Inc., Virtalis Holdings Ltd., and zSpace Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (Hardware and Software), End-user (Higher education and K-12), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

3D4Medical Ltd., Acer Inc., Alchemy Ltd., Alphabet Inc., Avantis Systems Ltd., Avegant Corp., Eon Reality Inc., fotonVR, GIGXR Inc., HP Inc., HTC Corp., Lenovo Group Ltd., Magic Leap Inc., Meta Platforms Inc., Microsoft Corp., Nearpod Inc., Osterhout Design Group, RedboxVR Ltd., Samsung Electronics Co. Ltd., Sony Group Corp., Unimersiv, Veative Labs, VictoryXR Inc., Virtalis Holdings Ltd., and zSpace Inc.

Key Market Trends Fueling Growth

Mixed reality technology is gaining traction in the education sector, leading several vendors to form strategic partnerships. These collaborations enable schools and colleges to access affordable and user-friendly mixed reality hardware, software, and content, such as simulations and applications. Microsoft and Pearson, for example, are exploring mixed reality’s potential in education, with Pearson developing MR content for areas like online tutoring, nursing, and engineering using Microsoft HoloLens. Texas Tech University Health Sciences Center in Lubbock is among the institutions participating in Pearson’s mixed reality pilot program. The rising number of technology partnerships and collaborations is expected to fuel the growth of the global mixed reality market in education during the forecast period. 

Mixed reality, the fusion of virtual and real worlds, is revolutionizing the education sector. IoT devices and MR technology are merging to create learning experiences. Silicon Valley leads product innovation with MR classrooms using headmounted displays, sensors, motion trackers, and haptic devices. Affordable HMDs and MR software are key to reaching a larger student population in various regions. Data security is crucial, especially for students with ADHD, as Bodyswaps and other MR applications gain popularity. Mergers, acquisitions, and strategic alliances continue to shape this market. AR and VR are important, but mixed reality sets the new standard. Statistics show a growing trend towards MR in education, making it an exciting space for product differentiation and technological skill set development for teachers and students alike. 

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Market Challenges

The Mixed Reality (MR) market in education is experiencing growth but faces significant challenges. The high initial investment for implementing MR technology in schools and colleges, due to the cost of headsets and content development, limits its accessibility. MR’s enterprise-led nature also makes it less suitable for primary and secondary schools and some universities, as it requires extensive time for application and content creation. Furthermore, teachers need specialized training to develop and deliver MR content. The ambiguity surrounding MR’s educational use and students’ unfamiliarity with the technology also hinder its adoption. In contrast, affordable and accessible alternatives like Augmented Reality (AR) and Virtual Reality (VR) are gaining popularity. Mobile VR technology, in particular, is the most accessible option, but its limited student interaction and fewer apps offer a less experience. Consequently, the increasing number of substitutes may hinder the growth of the global MR market in education during the forecast period.The Mixed Reality (MR) market in the Education Sector is experiencing rapid growth as new technologies merge the physical and digital worlds. However, challenges persist. The earliest adopters face a technological skill set gap among students and teachers. In various regions, affordability of MR hardware like headmounted displays, sensors, and motion trackers remains a concern. Product innovation and differentiation are key for companies, with Silicon Valley leading the charge. HMDs and MR software are essential, but data security is paramount. MR can benefit students with conditions like ADHD, and IoT devices can enhance learning. Mergers, acquisitions, and strategic alliances are shaping the MR landscape. New technologies like Bodyswaps, Statistics, and haptic devices offer exciting possibilities. Augmented Reality (AR) and Virtual Reality (VR) are important, but MR is the future of education.

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Segment Overview 

This mixed reality in education sector market report extensively covers market segmentation by

Product 1.1 Hardware1.2 SoftwareEnd-user 2.1 Higher education2.2 K-12Geography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Hardware-  The Mixed Reality (MR) market in the education sector is primarily driven by the hardware segment, which includes Head Mounted Displays (HMDs) and all-in-one computer systems. HMDs use special lenses and sensors to create a stereo image, enabling the user to perceive depth and a three-dimensional experience. Microsoft dominates this segment with its HoloLens, which allows users to see holographic images. However, its premium price limits access for students and educational institutions. To make MR technology more affordable, Microsoft, in collaboration with Acer, HP, and Dell, has launched new MR headsets. Lenovo, Asus, and other companies are also entering the market with their affordable MR headsets. ZSpace offers an end-to-end MR solution, including MR labs in schools and colleges. The competition in the hardware market is expected to intensify, with Avegant and other new players entering the fray during the forecast period. The hardware segment’s growth is attributed to the increasing popularity of MR labs in educational institutions. These labs provide students with collaborative learning experiences on a single MR platform. The frame rate and body motion detection are crucial factors in delivering an effective MR experience. The sensory data collected from motion sensors, gyroscopes, and accelerometers are used as inputs to the software. In conclusion, the hardware segment is expected to continue its growth in the MR market in the education sector due to the increasing demand for affordable MR headsets and the benefits of collaborative learning experiences.

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Research Analysis

Mixed reality (MR), the convergence of augmented reality (AR) and virtual reality (VR), is revolutionizing education by providing learning experiences. MR integrates digital information into the real world, enhancing traditional classroom teaching. In drug administration education, MR enables students to interact with 3D models of molecules, improving understanding and retention. IoT devices and sensors in MR classrooms provide real-time data for analysis, enhancing the learning experience. Data security is paramount to protect student information. MR technologies cater to diverse student populations, with AR for hands-on learning and VR for simulations. New technologies and MR classrooms are being adopted in various regions, with hardware including motion trackers and headsets driving innovation. Teachers can leverage these tools to create engaging, interactive lessons, fostering a more effective learning environment.

Market Research Overview

Mixed reality (MR), the fusion of virtual and real worlds, is revolutionizing education by enhancing learning experiences. IoT devices, such as sensors and motion trackers, are integral to MR, providing and interactive environments. Data security is paramount in MR classrooms, ensuring student privacy. MR technologies, including AR and VR, cater to diverse learning needs, such as those with ADHD, through personalized experiences. Silicon Valley leads product innovation and differentiation, with new technologies emerging regularly. Mergers, acquisitions, and strategic alliances shape the MR in education market. The technological skill set required for MR is expanding, necessitating collaboration between students, teachers, and industry. Early adoption of MR in various regions is growing, with hardware like affordable head-mounted displays (HMDs) and haptic devices driving adoption. MR software development is a key focus area, with ongoing advancements in MR applications for education.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductHardwareSoftwareEnd-userHigher EducationK-12GeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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KIWI design Black Friday & Cyber Monday: 50% OFF Meta Quest 3/3S Accessories!

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LOS ANGELES, Nov. 21, 2024 /PRNewswire/ — The biggest shopping season of the year is here! KIWI design offers incredible discounts of up to 50% on Amazon and the official website. Upgrade your VR setup for the best price and dive into a more immersive VR experience!

Two Choices to Meet Every Player’s Needs: Elite & Halo Battery Head Straps

Whether you’re a hardcore gamer or a casual explorer, KIWI design has you covered with the K4 Boost Battery Head Strap and H4 Boost Halo Battery Strap. Find the perfect fit for your play style!

Industry-Leading DualFast Technology

Both straps feature KIWI design’s DualFast Technology, allowing you to charge the strap and your Meta Quest 3 or Quest 3S at the same time. Get from 0% to 100% in just 2.5 hours!

UL2056 Certified: Meets global safety standards for reliable performance.Flame-Retardant Materials: Made with UL 94 V-0 grade plastic for heat and fire resistance.Multiple Protection Mechanisms: Built-in safeguards against overcurrent and overcharging for safer and more efficient charging.

K4 Boost Battery Head Strap

Designed for Hardcore VR Players: The Top Choice for Immersive GameplayKey Features:Sturdy support to keep the headset stable during fast-paced gameplay, preventing focus loss or strap slipping.Best For: Players seeking unmatched stability and immersion.

H4 Boost Halo Battery Strap

Designed for Casual Players: The ultimate choice for comfort and ease of use.Key Features:Unique 3-point adjustable structure to evenly distribute weight, significantly reducing pressure on your face.Innovative Joeypad Design: Replaces the traditional solid structure with a unique hollow design, preventing heat buildup in the head strap, so you stay cool and comfortable even during extended use.Sleek hidden knob design for simple adjustments and a clean look.Best For: Players who prioritize comfort and convenience.

No matter your play style, KIWI design has the perfect solution for you. With cutting-edge design and advanced technology, we’re redefining what it means to have a comfortable and functional VR head strap.

V4 Ventilation Facial Interface

Stay cool while playing with over 20 L-shaped ventilation holes that ensure continuous airflow to prevent overheating and lens fogging. Plus, it blocks out light for total immersion.

G4 Pro Performance Controller Grips

Built on KIWI design’s proven stability from Quest 1 onwards, keep your controllers secure during intense VR gaming.

These accessories are the perfect addition to your VR setup, delivering top-notch performance, comfort, and reliability.

Shopping Details

Event Dates:
November 22, 2024December 2, 2024Where to Shop:AmazonKIWI design Official Website

Don’t miss out on these amazing deals this shopping season! Head over to KIWI design now to discover high-quality VR accessories designed just for players like you.

Shop Now! Upgrade your gear and step into the immersive future!

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SOURCE KIWI design

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ACEFIT PRO: Night Safety Meets Transparent Listening Experience

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SHENZHEN, China, Nov. 21, 2024 /PRNewswire/ — Emerging consumer electronics brand ACEFAST has officially launched their pre-order campaign on November 21 with their latest transparent design ultra-thin open-ear headphones, ACEFIT Pro.

The new ACEFAST open-ear headphones combine transparent design, powerful sound, and innovative smart features, offering long-lasting battery life, high comfort, and enhance night-time safety. This showcases the brand’s “New audiovisual experience” philosophy.

ACEFIT Pro: All-New Open-Ear

Continuing the classic design, the ACEFIT Pro retains the classic crystal transparent series in its open-ear headphones design. Featuring a transparent charging case and the 3D embossed numeric display on the charging box. Additionally, the charging case features a smooth, curved design with a high-level G2 curvature, creating a visually fluid and elegant look, with a thickness of only 10mm at its thinnest point, making it lighter and thinner overall.

Night Safety Mode

A key highlight of the ACEFIT Pro is the groundbreaking Night Safety Mode. Featuring a matrix of 40 breathing lights around the ear area. The soft light effect provides visual cues in the dark, increasing safety. Additionally, the exclusive app allows users to customize lighting effects, offering 8 different lighting settings for the charging case to meet individual preferences and enhance interactive experiences.

Comfort-Focused Design

The non-in-ear comfort design provides a soft, secure grip with liquid silicone, and the ear hooks are as thin as 0.7mm, made from aviation-grade titanium wire. This makes them suitable for all ear shapes, especially for those who wear glasses. The lightweight design, with each headphone weighing only 7.8g, ensures a comfortable, secure, and snug fit.

Innovative Technology

The ACEFIT Pro is packed with innovative technologies to meet users’ demands for high-quality sound, and support Hi-Res Audio. The ACEFIT Pro is features an open sound leakage prevention design and a 3 magnetic super-linear speaker, which is the first compact speaker on the market with a 0.5mm max high amplitude. The custom driver, utilizes proprietary technology to increase the effective diaphragm amplitude, delivering high volume with low distortion, resulting in clearer and fuller sound.

Additionally, AELC™ Bass enhanced technology and super-linear speaker units provide adaptive bass compensation, delivering rich sound details and deep bass, perfectly recreating the nuances of music.

Pre-Order on Kickstarter

The ACEFIT Pro is now available for pre-order, subscribe and join in our Facebook group. The first 600 backers can secure it for an exclusive discounted price of $99 (40% OFF) by paying a $9.9 deposit. After the crowdfunding campaign ends, ACEFIT Pro will be available for purchase on acefastmall.com and through retail partners such as Amazon.

About ACEFAST

Founded in 2021, ACEFAST is a global consumer electronics brand with a core team of 15 years of experience in the audio industry. The company specializes in the research, design, and sales of smart electronic products. ACEFAST’s products are sold worldwide through global e-commerce and trade channels. The brand follows the “New audiovisual experience” philosophy, striving to provide high-quality, affordable smart products to consumers worldwide through technological innovation and stylish design.

For more information, please contact:

Media Contact:
Name: Acefast PR Team
Email: pr@acefast.com
Company: Shenzhen Houshuxia Technology Co., Ltd.

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SOURCE ACEFAST

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TELUS Mental Health Index: Mental health of workers in Australia hits four-year low, costing businesses up to 69 workdays of productivity annually per employee

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New data reveals younger workers and those without savings face the highest mental
health risks, while strong employer support can halve productivity losses

SYDNEY, Nov. 22, 2024 /PRNewswire/ — Today, TELUS Health released its TELUS Mental Health Index (“the Index”) with reports that examine the mental health of employed people in Australia, Singapore, New Zealand, the United Kingdom, the United States, Canada and Europe. The Australian report reveals that the mental health of workers in Australia has hit a four-year low, costing businesses up to 69 workdays of productivity annually per employee. The Index also found that younger workers and those without savings face the highest mental health risks, while strong employer support can halve productivity losses.

“With mental health scores at an all-time low nationwide, it’s essential to understand the significant impact on productivity. A workforce that isn’t thriving can’t drive a business to its full potential,” said Paula Allen, Global Leader, Research & Client Insights, TELUS Health. “We know that mental health and wellbeing can improve or decline over time, and that the support available makes a big difference in improvement. As employees increasingly look to their employers for comprehensive support—whether financial, physical, or mental—all of which are essential to their overall wellbeing- the opportunity for employers to make a meaningful impact with the services they offer, increases.”

The TELUS Mental Health Index also found:

Anxiety and isolation are the biggest mental health challenges for workers in Australia.Workers in Public Administration (68.4), Wholesale Trade (66.5) and Technology (65.2) have the highest mental health scores compared to other sectors. Younger workers (under 40) are more than twice as likely as workers over 50 to report being diagnosed with anxiety and depression.Workers without emergency savings are three times more likely to be diagnosed with anxiety and depression, with mental health scores 30 points lower than those with savings.Workers rating their employer’s physical wellbeing support as excellent have better mental health and lose fewer workdays compared to those rating it poorly.

“The mental health challenges facing workers in Australia, particularly among younger employees and those without financial safety nets, are concerning. It’s clear that isolation, anxiety and economic pressures are taking a toll,” said Jamie MacLennan, Senior Vice-president and Managing Director of APAC, TELUS Health. “However, our findings also reveal a significant opportunity for employers. By investing in robust programs addressing physical, mental as well as financial wellbeing, and fostering a supportive work environment, businesses can not only improve their employees’ mental health but also substantially boost productivity and overall organisational performance.”

In September 2024, the mental health scores of workers in various regions were:

Australia: 61.1New Zealand: 59.7Singapore: 61.6United Kingdom: 70.6Europe: 61.6United States: 70.6Canada: 64.4

The TELUS Mental Health Index is based on a response scoring system that then turns individual responses into point values. Higher point values are associated with better mental health and less mental health risk. Scores between 0 to 49 correspond with distress levels, scores between 50 to 79 correspond with strain levels and scores between 80 to 100 correspond with optimal levels of mental health.

This TELUS Mental Health Index includes additional findings on physical health, diet and experiences with the healthcare system. As a company rooted in social purpose, TELUS Health is committed to improving health outcomes and sharing valuable insights. Read the full Australian TELUS Mental Health Index here.

Note to Editors
For further information on the TELUS Mental Health Index, or to find out more about the methodology, please refer to the MHI Australia update.

About the TELUS Mental Health Index
The data for the TELUS Health Mental Health Index was collected through an online survey from September 17 to September 30, 2024 with 1,000 respondents. All respondents reside in Australia and were employed within the last six months. The data has been statistically weighted to ensure the regional and gender composition of the sample reflects this population.

About TELUS Health
TELUS Health is on a mission to become the most trusted wellbeing company in the world by enhancing the overall efficiency of healthcare and championing workplace wellbeing. By integrating advanced healthcare technology with comprehensive employee support services, TELUS Health provides a holistic approach to primary and preventive health and wellbeing for over 76 million people across 160 countries. Our innovative digital health platforms, including electronic medical records (EMRs) and virtual care solutions, empower healthcare professionals, employers and governments to deliver personalised care efficiently. Our employee wellbeing programs empower individuals by offering extensive support through Employee Assistance Programs (EAPs), mental health resources, financial counselling, and workplace wellness initiatives. At TELUS Health, we are committed to revolutionising healthcare to ensure people receive the support they need and employees thrive both personally and professionally. Together, let’s make the future friendly. For more information, visit: www.telushealth.com.

Media Contact:
The PR Group
telushealth@prgroup.com.au 

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SOURCE TELUS Health; TELUS Communications Inc.

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