The one common characteristic of these new learning technologies is that they enable real-time performance improvement.

“These next-generation AR, VR, and Simulation-Based products accomplish both knowledge transfer and learning transfer, each a phase of the learning process, simultaneously,” Sam Adkins, chief analyst, Metaari explains.

Early to market suppliers have primed market growth by giving away entry level products to schools. Children exposed to VR go home asking parents to buy them home use products. Manufacturers have also made a concentrated effort to implement AR and VR instructional programs in the global high education segment. Development engine companies Unity and Epic’s Unreal Engine offer free academic licensing models. The large spend is coming, with corporate training leading the forecast.

Metaari’s 281 page report (with 31 tables, 13 charts, and identifying just over 770 suppliers across the planet), available now for purchase, is designed to provide insight to investors and sales leads to solution providers, developers, academic organizations, government agencies and other potential suppliers.

Metaari’s report has three sections: an analysis of the major catalysts driving the market, a demand side-analysis and a supply-side analysis.

The supply-side analysis includes a detailed five-year forecast for eight types of packaged retail AR, VR, and Simulation-Based Learning content including cognitive learning, knowledge-based, skill-based, language learning, early childhood learning, performance assessment, role-based behavior modification, and location-based learning.