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Europe Virtual and Remote Laboratories Market size to grow by USD 489.71 million from 2022 to 2027 | Market is fragmented due to the presence of prominent companies like A KRUSS Optronic GmbH, Cengage Learning Inc., ERIGrid 2.0 and many more
[September 18, 2023]

Europe Virtual and Remote Laboratories Market size to grow by USD 489.71 million from 2022 to 2027 | Market is fragmented due to the presence of prominent companies like A KRUSS Optronic GmbH, Cengage Learning Inc., ERIGrid 2.0 and many more


NEW YORK, Sept. 18, 2023 /PRNewswire/ -- The Europe Virtual and Remote Laboratories Market is projected to grow by USD 489.71 million, accelerating at a CAGR of 10.95% during the forecast period. The Europe Virtual and Remote Laboratories Market exhibits fragmentation due to the existence of numerous global and local companies. A few prominent companies that offer virtual and remote laboratories market in Europe are A KRUSS Optronic GmbH, Cengage Learning Inc., ERIGrid 2.0, Georg von Holtzbrinck GmbH and Co. KG, International Labmate Ltd., Labster Group ApS, Learning Science Ltd, Merck KGaA, Microsoft Corp., Pearson Plc, Platinum Equity Advisors LLC, PNX Labs GmbH, Roquette Freres SA, Salesforce Inc., Saros Technology Ltd., Schauenburg Service GmbH, The MathWorks Inc., TUV NORD AG, VDE Verband der Elektrotechnik Elektronik Informationstechnik e. V., and Virtual Hacking Labs. Download the free sample report now to get more insight into the company's analysis

Europe Virtual and Remote Laboratories Market - Company Offering

Companies are implementing diverse approaches, including forming strategic alliances, establishing partnerships, engaging in mergers and acquisitions, expanding into new geographical areas, and launching new products/services, to strengthen their market presence. Below, find one of the company offerings:

Cengage Learning Inc. - The company offers virtual and remote laboratories for educators and learners to modify, improve, and practice, often at a fraction of the cost of replicating those experiences in real life, and without the limitations of time and geography.

Europe Virtual and Remote Laboratories Market - Market Dynamics

  • Impactful driver- The growing demand for a cost-efficient laboratory model is driving the expanion of the virtual and remote laboratories market in Europe.
  • Key Trend - A key trend in the European virtual and remote laboratories market is the widespread embrace of inquiry-based learning.
  • Major Challenges - One significant obstacle in Europe's virtual and remote laboratories market is the substantial expenses linked to complying with stringent user privacy regulations.



Get to learn more about the market drivers, trends and challenges, download the free sample report here

Europe Virtual and Remote Laboratories Market - Market Segmentation


Technavio's report covers market segmentation by type (remote laboratories and virtual laboratories) and end-user (institutions and individual learners).

The remote laboratories segment is expected to experience substantial market share growth in the forecast period. Remote laboratories allow students and faculties to access equipment or computers over the internet for conducting experiments and laboratory tasks, eliminating the need for physical presence in the lab. 

Buy the full report for complete insight of the Europe Virtual and Remote Laboratories Market

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FAQS

  • How do the major trends impact the market?
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  • How do the key drivers and challenges impact the market?

Table Of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market Segmentation by End-User

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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.

Contact Us:

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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SOURCE Technavio


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