Technavio estimates the Virtual Reality Market will expand by $64.72 billion by 2028, with a compound annual growth rate (CAGR) of 28.3%. Several factors fuel this rise, including the decreasing cost of VR headsets, significant technological innovations, and the expanding use of VR across industries such as real estate, sports, and entertainment. The integration of VR into the metaverse is also expected to play a transformative role, providing a platform for diverse immersive applications. However, concerns about potential negative impacts on learning due to virtual isolation are driving the development of new collaborative VR learning platforms, which aim to foster social interaction and improve educational outcomes.

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