Metaverse Education - Japan | Statista Market Forecast

The value of the Metaverse Education market in Japan is projected to reach ¥US$120.7m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2030) of 47.43%, resulting in a projected market volume of ¥US$1.2bn by 2030.
In 2024, United States is expected to generate the most value in the Metaverse Education market, with a projected market volume of US$1.0bn.
By 2030, the number of users in the Metaverse Education market in Japan is expected to amount to 2.4m users.
The user penetration rate is projected to be 0.5% in 2024 and is expected to increase to 2.0% by 2030.
The average value per user (ARPU) is expected to amount to US$186.8.
"Japan is at the forefront of Metaverse Education, with innovative virtual reality platforms revolutionizing the way students learn."

Definition:

The Education market refers to the use of virtual and augmented reality technology in education and training. This includes both formal education, such as primary, secondary, and higher education, as well as professional education, such as training programs for working professionals.

Structure:

Professional education on the one hand refers to training and development programs for working professionals, such as executive education, certification programs, and continuing education. These programs are typically designed to help professionals acquire new skills, stay current with industry trends, and advance their careers. They can be delivered in a variety of formats, which include online courses, virtual classrooms, and immersive simulations. On the other hand, formal education refers to the traditional classroom-based education system and includes primary, secondary, and higher education. In the metaverse, formal education can take place in virtual classrooms, where students can interact with teachers and classmates in real time and access course materials, assignments, and assessments. Additionally, virtual and augmented reality can be used to create immersive learning experiences that can supplement or replace traditional classroom-based instruction.

Additional Notes:

The market comprises market sizes, users, average revenue per user, and penetration rates. Market sizes are generated through in-app purchases and consumer spending. Market numbers for digital education are also featured in the Digital Market Insights. For more information on the data displayed, use the info button right next to the boxes.

Virtual field trips, such as Google Expeditions
Virtual lab simulations, such as Nearpod
Virtual tutoring and online classes in the metaverse, such as Classcraft

Online classes or courses, such as Udemy
Online univeristy, such as watching lectures online

The Metaverse Education market in Japan is experiencing significant growth and development due to several factors.

Customer preferences: In Japan, there is a growing demand for immersive and interactive learning experiences. Students and educators are increasingly interested in utilizing virtual reality (VR) and augmented reality (AR) technologies to enhance the learning process. These technologies provide a more engaging and dynamic educational environment, allowing students to explore concepts and subjects in a hands-on manner. Additionally, the COVID-19 pandemic has accelerated the adoption of online learning platforms, making the integration of metaverse education even more appealing to students and educators.

Trends in the market: One of the key trends in the Metaverse Education market in Japan is the integration of gamification elements into educational experiences. Gamification techniques, such as rewards, challenges, and leaderboards, are being used to motivate students and enhance their learning outcomes. This trend is particularly popular in language learning and STEM education, where students can engage in virtual simulations and interactive exercises to practice their skills. Another trend is the development of virtual classrooms and collaborative learning environments. These platforms allow students to interact with their peers and teachers in real-time, regardless of their physical location. Virtual classrooms provide a sense of community and enable collaborative learning, fostering teamwork and communication skills. This trend is especially relevant in Japan, where the population is spread across different regions, making it challenging for students to physically attend classes.

Local special circumstances: Japan has a strong technological infrastructure and a culture that values innovation and education. The country has a high penetration rate of smartphones and internet access, making it conducive for the adoption of metaverse education. Additionally, Japan has a rich history of animation and video game industries, which has influenced the development of immersive and interactive technologies. The popularity of anime and manga has also contributed to the acceptance and interest in virtual worlds and metaverse experiences.

Underlying macroeconomic factors: The Japanese government has recognized the potential of metaverse education and has been actively promoting the integration of technology in the education sector. The government has invested in initiatives to develop VR and AR technologies, provide training for educators, and support the implementation of virtual classrooms. These efforts have created a favorable environment for the growth of the Metaverse Education market in Japan. Furthermore, the COVID-19 pandemic has accelerated the digital transformation of education in Japan. With the temporary closure of schools and the need for remote learning, educators and students have turned to online platforms and virtual environments. This shift has opened up new opportunities for metaverse education and has created a greater acceptance and demand for immersive learning experiences. Overall, the Metaverse Education market in Japan is thriving due to customer preferences for immersive and interactive learning, the integration of gamification and virtual classrooms, local special circumstances such as technological infrastructure and cultural influences, and underlying macroeconomic factors such as government support and the impact of the COVID-19 pandemic. As the market continues to evolve, it is expected to play a significant role in shaping the future of education in Japan.

Data coverage:

Figures are based on in-app spending, consumer spending, app downloads, and investment and funding data.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use reports, third-party studies, and research companies. Next, we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, and internet penetration rates. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the S-curve function and exponential trend smoothing are well suited to forecast digital products and services due to the non-linear growth of technology adoption. The main drivers are consumer spending per capita, level of digitalization, and cloud revenues.

Additional Notes:

The market is updated twice per year in case market dynamics change. Consumer Insights data is unbiased for representativeness.

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Regarded as the next iteration of the internet, the metaverse is where the physical and digital worlds come together. As an evolution of social technologies, the metaverse allows digital representations of people, avatars, to interact with each other in a variety of settings. Whether it be at work, in an office, going to concerts or sports events, or even trying on clothes, the metaverse provides a space for endless, interconnected virtual communities using virtual reality (VR) headsets, augmented reality (AR) glasses, smartphone apps, or other devices.