Augmented Reality (AR) & Virtual Reality (VR) in Healthcare Market Size Is Expected To Reach USD 5.1 Billion By 2025

The Report Augmented Reality (AR) & Virtual Reality (VR) in Healthcare Market Analysis By Component (Hardware, Software, and Service), By Technology (Augmented Reality, Virtual Reality), And Segment Forecasts, 2018 – 2025

The global augmented reality & virtual reality in healthcare market is expected to reach USD 5.1 billion by 2025 according to a new report by Grand View Research, Inc. The growing adoption of Augmented Reality (AR) & Virtual Reality (VR) in medical field, increasing investments in such emerging technologies, and constant developments in healthcare IT are some of the key factors responsible for growth of this market.

The market is majorly driven by applications in surgical simulations, diagnostic imaging, patient care management, rehabilitation, and health management. The application of AR & VR in training medical professionals provides them enhanced understanding of anatomy & physiology and assists in complicated surgeries that require precision, thus, resulting in reduced complications and lesser trauma. VR helps patients get over their worst fears and phobias through the exposure therapy. These technologies are also gaining significance in fitness management due to the development of various health apps that help train doctors as well as patients.

The use of these advanced technologies in live streaming of surgeries for medical education coupled with patient monitoring & pain management serves as a market opportunity and is predicted to drive the segment substantially. These new disruptive technologies have revolutionized medical field and provide an innovative approach for transforming healthcare experience. The increasing focus on streamlining medical operations along with demand for better delivery of care services are driving the growing adoption of these technologies.

Increase in number of startups has led to higher demand for investments to fund development of AR & VR technologies. The market is witnessing an increase in private investments by various investors, which is expected to boost growth further. For instance, Swiss-based startup MindMaze is a well-funded company that has raised USD 100 million from Hinduja Group for development of VR hardware & software. In addition, increased government funding and supportive initiatives are expected to drive growth.

Access Research Report of Augmented Reality (AR) & Virtual Reality  (VR) in Healthcare Market @ www.grandviewresearch.com/industry-analysis/virtual-reality-vr-in-healthcare-market

Further key findings from the report suggest:

·       The hardware segment held the majority of the revenue share in 2016 due to rise in adoption of wearable devices in healthcare

·       AR dominated the technology segment in 2016 owing to its increasing adoption in surgeries and medical training

·       North America dominated the global market for AR and VR due to greater adoption of advanced technology and sophisticated infrastructure

·       Asia Pacific AR and VR market is expected to witness a lucrative growth of 33% over the forecast period

·       Some of the key players include CAE HEALTHCARE; GE Healthcare; Intuitive Surgical; Hologic, Inc.; Virtual Realities, LLC; and Philips Healthcare

Grand View Research has segmented the augmented reality & virtual reality in healthcare market on the basis of component, technology and region:

Component Outlook (Revenue, USD Million, 2014 - 2025)

·         Hardware

·         Software

·         Service

Technology Outlook (Revenue, USD Million, 2014 - 2025)

·         Augmented Reality

o    Surgical Application

o    Rehabilitation

o    Training & Medical Education

·         Virtual Reality

o    Simulation

o    Diagnostics

o    Virtual Reality Exposure Therapy

o    Rehabilitation

o    Pain Distraction

Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

o    South Africa

Access Press Release of Augmented Reality (AR) & Virtual Reality (VR) in Healthcare Market @ www.grandviewresearch.com/press-release/global-augmented-reality-ar-virtual-reality-vr-in-healthcare-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Smart Education and Learning Market to Reach Around USD 423.2 Billion by 2025

The global smart education and learning market size is expected to reach USD 423.2 billion by 2025 at a 15.2% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Demand for smart education is increasing among the growing population owing to benefits such as improved education quality and easy access to educational content. Increasing adoption of consumer electronics such as smartphones, e-readers, laptops, and e-learning apps has altered conventional learning methodology and enhanced efficiency of learning methods. Additionally, there are enormous opportunities for advancements in the smart education market owing to improved Internet accessibility.

However, lack of awareness among end users about latest technologies and inadequate amount of resources for delivering quality education in developing regions are anticipated to hinder market growth.

Compared to traditional classrooms based on one-way learning, the learning experience in current times has transformed immensely. Students are exposed to digital devices at an early age. New learning modes such as adaptive learning, simulation-based learning, blended learning, and collaborative learning have subsequently evolved and offer an enhanced learning experience.

The simulation-based learning segment is anticipated to exhibit the highest CAGR owing to the fact that this mode enables corporates and educational institutions to create a realistic experience in a controlled environment. It also enables professionals and learners to practice, navigate, explore, and obtain more information through a virtual medium before they start working on real-life tasks.

Growing awareness among people and rising popularity of smart education are encouraging solution providers to invest in research and development for creating more reliable, better, and cost-effective solutions. Manufacturers are making substantial investments to develop new products for enhancing user experience.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/smart-education-learning-market

Further key findings from the report suggest:

·       Growing demand for smart education can be accredited to factors such as increased demand among instructors and learners for improving quality of education, reducing expenses of online training, curbing geographic challenges in physically attending classes, and time constraints faced by aspirants

·       Increasing penetration of Internet of Things (IoT), enhanced Internet accessibility, and rapid adoption of mobile technology have encouraged users to adopt smart education solutions

·       Innovative techniques such as gamification, Massive Open Online Courses (MOOCs), microlearning, and adaptive learning, which improve the overall learning process, are expected to drive the smart education and learning market over the projected period

·       North America accounted for the largest market share in 2017 owing to its large consumer base

·       Some of the key industry participants in the market are Adobe Systems Incorporated (U.S.); Blackboard, Inc. (U.S.); Cisco Systems, Inc. (U.S.); Educomp Solutions Ltd. (India); and McGraw-Hill Education (U.S.).

Grand View Research has segmented the global smart education and learning market based on component, learning mode, end user, age, and region:

Smart Education and Learning Component Outlook (Revenue, USD Million, 2014 - 2025)

·         Hardware

o    Interactive Display

o  Interactive Projector

o  Interactive Table

o  Interactive Flat Panel Display

o  Interactive White Board

o    Student Response System

·         Software

o    Learning Management System (LMS)

o    Learning Content Management System

o    Adaptive Learning Platform

o    Assessment System

o    Others

·         Service

o    Managed and Professional Service

o    Education Content

Smart Education and Learning Mode Outlook (Revenue, USD Million, 2014 - 2025)

·         Social Learning

·         Blended Learning

·         Virtual Instructor Led Training

·         Collaborative Learning

·         Simulation Based

·         Adaptive Learning

Smart Education and Learning End User Outlook (Revenue, USD Million, 2014 - 2025)

·         Corporate

o    Small & Medium Businesses

o    Large Enterprises

·         Academic

o    K-12

o    Higher Education

Smart Education and Learning Age Outlook (Revenue, USD Million, 2014 - 2025)

·         5 to 10 years

·         10 to 18 years

·         19 to 29 years

·         30 to 45 years

·         Above 45

Smart Education and Learning Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    U.K.

·         Asia Pacific

o    China

o    Japan

o    India

·         South America

o    Brazil

·         Middle East & Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Drone Data Service Market Exhibit a Steady 57.3% CAGR from 2017 to 2025: Grand View Research Inc.

The Report Drone Data Services Market Analysis By Service Type (Mapping & Surveying, Photogrammetry, 3D Modeling), By Platform (Cloud-Based, Operator Software), By End-use, And Segment Forecasts, 2018 - 2025

The global drone data service market is expected to reach USD 8.15 billion by 2025, according to a new report by Grand View Research, Inc. The growth can be attributed to the growing usage of information acquired by drones in operational and big data analytics. The increasing need for UAV imagery analysis is presumed to impact the global drone imagery processing software industry positively and add a new horizon in imagery storage technologies.

The increasing adoption of drones in commercial sectors is leading to a revolution in big data cloud services. Launching a drone to capture images is the preliminary step in the drone information acquisition process. The captured images then require correction, calibration, processing, storage, and efficient evaluation.

The increasing need to evaluate imagery is a key factor driving the adoption of drone imagery software and cloud-based applications, which possess the ability to upload, share, store, and process aerial images. Moreover, there has been a steep increase in the use of cloud-based in-memory computing platform amongst businesses as it accelerates analytics, processes, and predictive capabilities.

By gathering information on a larger scale, service providers can now process unprecedented levels of detailed information and turn it into actionable information. UAV companies, such as PrecisionHawk, are transforming their business processes to enhance their focus on drone data processing rather than UAV manufacturing.

Access Research Report of Drone Data Service Market @ http://www.grandviewresearch.com/industry-analysis/drone-data-services-market

Further key findings from the report suggest:

·       The industry requires significant improvements in various processes, such as increased fusion of data, compression, encryption, and on-board processing, as the software to perform analytics directly from imagery is still in the research phase

·       Big data generated by drones is of vital importance in various sectors, including monitoring construction activities, ortho-rectification, and creation of Digital Surface Models (DSMs) and Digital Terrain Models (DTMs).

·       North America is presumed to emerge as the dominant region while Asia Pacific is expected to witness unprecedented growth over the forecast period.

·       Over the next three years, agricultural firms and construction companies are expected to harness the capabilities of aerial surveillance through drones on a large scale as these industries have not yet explored the benefits of imagery optimally

·       Drone imagery service providers across the globe are expected to transform themselves from being straight up services companies to holistic data analytics companies.

Grand View Research has segmented the global drone data service market on the basis of service type, platform, end-use, and region:

Service Type Outlook (Revenue, USD Million; 2014-2025)

·         Mapping & Surveying

·         Photogrammetry

·         3D Modeling & Digital Elevation Model (DEM)

·         Others

Platform Outlook (Revenue, USD Million; 2014-2025)

·         Cloud-Based

·         Operator Software

End-use Outlook (Revenue, USD Million; 2014-2025)

·         Real Estate & Construction

·         Agriculture

·         Mining

·         Others

Regional Outlook (Revenue, USD Million; 2014-2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa 

Access Press Release of Drone Data Service Market@ https://www.grandviewresearch.com/press-release/global-drone-data-services-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com