DUBLIN–(BUSINESS WIRE)–The “Virtual Computer Lab Software Market Forecast to 2028 – Impact of COVID-19 and Global Analysis by Deployment and Organization Size” report has been added to from ResearchAndMarkets.com offer.
The virtual computer lab software market is expected to grow from US$1,461.29 million in 2021 to US$3,174.88 million by 2028; it is estimated to grow at a CAGR of 11.7% over the period 2021-2028.
Benefits of using virtual computer lab software to train employees on advanced tools/projects
Several companies use Virtual IT Lab software to educate employees on new development practices and train them on advanced and modern tools/projects. The software is well suited for employee training as it provides real-world resources without affecting applications, websites, or live networks.
Moreover, hands-on employee training is essential to the success of every organization as it increases an employee’s productivity. As technology has become an integral part of operations, employees must be trained to use advanced tools effectively. Also, the virtual job training approach is a cost effective method.
Additionally, employee training extends an employee’s knowledge, creates subject matter and in-house experts, reduces attrition rates and recruitment costs, and improves workplace productivity.
In the virtual computer lab software market ecosystem, some online course providers offer virtualized computer lab platforms as a training platform and course suite. Several basic virtual computer lab software are used within a company for internal purposes. For example, ReadyTech Corporation offers employee training with a virtual training lab platform.
ReadyTech’s virtualized computer lab platform provides employees with a hands-on virtual training environment where they can practice real-world skills in the field without putting company production systems at risk. Virtual job training using virtual computer lab software provides several benefits to the organization, which is driving the virtual computer lab software market.
With digital transformation, the usage of cloud-based platform is increasing due to its simple deployment and reduction in deployment time and cost. Moreover, the internet infrastructure has matured in developed countries and is booming in several developing countries, enabling end users to access the cloud-based platform.
A few benefits of cloud-based virtual computer lab software are secure hosting of critical data, improved security and scalability, and fast file retrieval. Backups are stored on a private or shared cloud host platform. Cloud-based virtual computer lab software also reduces repair and maintenance costs and improves customer satisfaction.
Hence, owing to the multiple advantages of cloud-based virtual computer lab software, the adoption of the software is increasing by large enterprises and small and medium-sized enterprises (SMEs) for educational purposes, which is fueling the growth of the market virtual computer lab software.
Main results of the study:
In 2021, the cloud-based segment dominated the virtual computer lab software market. Virtual training has a promising future. As technology becomes more and more integrated into daily life and work, more advancements and changes are expected in the near future. The cloud-based segment is generating a major share of market share in 2021.
Most virtual training labs are cloud-based, allowing learners to be trained from anywhere in the world, in any time zone, at any time, and at any speed. Users don’t need an IT team to set up a complex training lab with virtual training labs. Instead of configuring each workstation with the appropriate software and files for in-person teaching, the virtual lab is configured once in the cloud and easily accessible by learners anywhere, helping the market grow. virtual computer lab software.
Based on organization size, the virtual computer lab software market is segmented into SME and large enterprise. In 2021, the large enterprise segment was leading the virtual computer lab software market. The growing popularity among large enterprises and the benefits associated with the use of virtual computer labs is the major factor predicted to drive the segment.
Virtual IT Lab Software for large enterprises offers an integrated enterprise training platform for all aspects of business. Large companies can train their employees online faster and more efficiently. Companies can use this software to intelligently simplify, automate and optimize their entire learning process.
It enables companies to train their staff by creating online courses, encouraging active learning and increasing course completion rates in a simple and user-friendly environment. Rising popularity among large enterprises and benefits associated with the use of virtual computer labs are the major factor predicted to drive the growth of the segment in the virtual computer lab software market.
In 2021, North America accounted for the largest share of the global virtual computer lab software market.
Key market dynamics
Benefits of using Virtual IT Labs software to train employees on advanced tools/projects
Growing use of cloud-based software
Availability of Virtual IT Labs Open Source Software
Increased spending in the information and communications technology sector
Benefits of using virtual sandbox testing
Amazon Web Services
Hewlett Packard Enterprise Development Lp (Hpe)
Juniper Networks, Inc.
For more information on this report, visit https://www.researchandmarkets.com/r/yzcnqx