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Immersive Virtual Reality Market Forecast 2024-2030: Booming Adoption in Gaming, Training, and Simulation | Valuates Reports

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BANGALORE, India, Feb. 13, 2025 /PRNewswire/ — Immersive Virtual Reality Market is Segmented by Type (Non-Immersion Virtual Reality, Half-Immersion Virtual Reality, Whole-Immersion Virtual Reality), by Application (Entertainment, Engineering, Education, Commercial).

The Immersive Virtual Reality Market was estimated to be worth USD 79 Million in 2023 and is forecast to a readjusted size of USD 281.9 Million by 2030 with a CAGR of 19.6% during the forecast period 2024-2030

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Major Factors Driving the Growth of Immersive Virtual Reality Market

The Immersive Virtual Reality Market is poised for substantial growth as consumer demand for interactive and engaging digital experiences continues to rise. Characterized by advanced immersive technologies that enable full sensory engagement, the market spans a wide array of applications including gaming, training, virtual tourism, and interactive entertainment. Continuous expansion in content creation and platform development drives product innovation and enhances user experiences, further boosting adoption. As companies invest in strategic partnerships and diversify their product offerings, immersive VR is becoming increasingly accessible and affordable.

Moreover, growing investments in infrastructure and consumer interest in experiential technologies contribute to market expansion. With a robust pipeline of innovative solutions and a rapidly evolving digital landscape, the Immersive Virtual Reality Market is set to achieve significant global growth, transforming how individuals interact with virtual content and environments.

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TRENDS INFLUENCING THE GROWTH OF THE IMMERSIVE VIRTUAL REALITY (VR) MARKET:

Whole-immersion virtual reality drives the growth of the Immersive Virtual Reality Market by delivering an all-encompassing, highly engaging user experience that captivates audiences across entertainment, training, and simulation applications. This approach fully immerses users in a 360-degree digital environment, allowing for seamless interaction with virtual worlds. Whole-immersion systems enable users to feel as though they are physically present within the virtual setting, enhancing the realism and emotional impact of the experience. Such immersive experiences are particularly popular in gaming, virtual tourism, and educational training, where full engagement is critical. The ability to provide a deeply engaging and realistic experience sets whole-immersion VR apart, making it a key driver in attracting investment and consumer interest, thereby contributing to market growth.

Half-immersion virtual reality significantly drives the growth of the Immersive Virtual Reality Market by offering an accessible and cost-effective solution that balances immersion with usability. These systems provide users with a realistic experience without requiring full sensory engagement, making them suitable for a broader range of applications such as training simulations, interactive installations, and educational content. Half-immersion VR typically involves high-quality visuals and limited physical interactivity, reducing the overall complexity and cost compared to full immersion systems. This approach allows more users to access virtual reality experiences without the need for specialized equipment or extensive space requirements. As businesses and consumers look for practical and engaging VR solutions that do not necessitate full-scale immersion, half-immersion VR becomes an attractive option, driving market expansion and diversifying the product offerings in the Immersive Virtual Reality Market.

Entertainment drives the growth of the Immersive Virtual Reality Market by revolutionizing how users interact with digital content, offering dynamic and engaging experiences that blend gaming, storytelling, and interactive media. Immersive VR in entertainment allows users to step into virtual worlds where they can actively participate in narratives, explore fantastical environments, and interact with virtual characters. This level of engagement enhances user satisfaction and creates a memorable experience that traditional media cannot match. Entertainment applications in VR have expanded beyond gaming to include virtual concerts, theme park attractions, and cinematic experiences that are reshaping the industry. As demand for innovative and captivating entertainment options increases, immersive VR technologies become increasingly popular, driving market growth and encouraging further investment in cutting-edge VR content and platforms.

Enhanced user engagement and interactivity are significant factors contributing to the growth of the Immersive Virtual Reality Market. Modern VR systems allow users to interact with digital content in ways that were previously impossible, creating a dynamic and participatory experience. Users can manipulate objects, navigate through virtual spaces, and engage with interactive narratives, which increases overall satisfaction and retention. This level of interactivity not only improves entertainment value but also offers practical applications in training, simulation, and education. As industries recognize the benefits of interactive learning and engagement, the use of immersive VR technologies becomes more widespread. The increased focus on creating truly engaging digital experiences drives the market forward, supporting the growth of immersive VR solutions.

The adoption of immersive virtual reality in education and training is a key driver of market growth. Educational institutions and corporate training programs are increasingly integrating VR to provide interactive, hands-on learning experiences that enhance understanding and retention. Immersive VR simulations enable learners to practice real-world scenarios in a safe, controlled environment, leading to improved skill acquisition and problem-solving abilities. This technology is particularly effective in fields such as medicine, aviation, and engineering, where practical experience is essential. The use of immersive VR for training purposes reduces costs, minimizes risk, and accelerates learning outcomes, making it an attractive option for organizations and educational bodies. The growing demand for innovative educational tools and effective training solutions is thus a significant contributor to market expansion.

The growing popularity of virtual events and social experiences is fueling the expansion of the Immersive Virtual Reality Market. As digital communication and online interactions become increasingly prevalent, VR platforms offer new ways for people to connect, socialize, and participate in events virtually. Immersive VR experiences enable users to attend concerts, conferences, and social gatherings in a virtual space, replicating the energy and interactivity of physical events. This trend has been accelerated by global events and restrictions on physical gatherings, driving investment in virtual event platforms. As more organizations and individuals embrace virtual experiences as a viable alternative to traditional events, the demand for immersive VR solutions continues to rise, contributing to significant market growth.

The expansion of content and platform ecosystems is a driving factor in the growth of the Immersive Virtual Reality Market. As developers create a broader array of immersive experiences—from interactive games and virtual tours to educational programs and live events—consumers have more opportunities to explore and engage with VR content. A diverse content library enhances user interest and adoption, encouraging continuous investment in new and innovative VR applications. Additionally, the emergence of integrated platforms that offer seamless access to a wide range of VR experiences further supports market growth. The expansion of the VR content ecosystem, combined with strategic partnerships among content creators, distributors, and hardware manufacturers, creates a vibrant market environment that fuels the overall growth of immersive virtual reality technologies.

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IMMERSIVE VR MARKET SHARE

North America leads the market, driven by a mature technology ecosystem, high consumer adoption rates, and significant investments in VR content and hardware.

Europe follows closely, with strong government support for digital innovation, a vibrant creative industry, and a high demand for immersive experiences in entertainment and education.

Key Companies:

FacebookGOOGLE INCHTCMicrosoftMagic LeapSAMSUNGWorldVizMarxent LabsUnity TechnologiesSnapCastAR

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

CAVE Immersive Virtual Reality System MarketThe VR Education Market was valued at USD 82,000 Million in the year 2024 and is projected to reach a revised size of USD 949240 Million by 2031, growing at a CAGR of 42.5% during the forecast period.The global Virtual Classroom market is projected to grow from USD 9457.1 Million in 2024 to USD 16020 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period.Immersive Virtual Stores MarketThe global market for Augmented Reality and Virtual Reality Apps was estimated to be worth USD 9870 Million in 2023 and is forecast to a readjusted size of USD 31760 Million by 2030 with a CAGR of 21.4% during the forecast period 2024-2030.The global market for Augmented Reality (AR) and Virtual Reality (VR) in Manufacturing was estimated to be worth USD 8301 Million in 2023 and is forecast to a readjusted size of USD 30150 Million by 2030 with a CAGR of 19.8% during the forecast period 2024-2030.The global Virtual Reality (VR) market was valued at USD 2615 Million in 2023 and is anticipated to reach USD 20570 Million by 2030, witnessing a CAGR of 37.2% during the forecast period 2024-2030.The global market for Augmented Reality and Virtual Reality in Healthcare was estimated to be worth USD 962 Million in 2023 and is forecast to a readjusted size of USD 4364.1 Million by 2030 with a CAGR of 23.6% during the forecast period 2024-2030.The global E-Learning Virtual Reality market is projected to grow from USD 83 Million in 2024 to USD 300.3 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 23.8% during the forecast period.VR Virtual Reality Software MarketThe global market for Virtual Reality Therapy was valued at USD 1116 Million in the year 2024 and is projected to reach a revised size of USD 1626 Million by 2031, growing at a CAGR of 5.6% during the forecast period.

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Care Career Announces Acquisition of MAS Medical Staffing, Completing Its First Acquisition Phase and Expanding Annual Revenue Beyond $150 Million, with a Path to Exceed a Quarter Billion by the End of 2026 Through Additional Acquisitions and Organic Growth

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WOODBRIDGE, N.J., July 24, 2026 /PRNewswire/ — Care Career, a rapidly growing healthcare workforce technology organization, today announced the acquisition of MAS Medical Staffing, one of the Northeast’s leading healthcare workforce organizations. Financial terms of the transaction were not disclosed.

The acquisition represents Care Career’s seventh strategic acquisition in the past 24 months, further strengthening the company’s position as one of the largest healthcare workforce organizations in the United States while accelerating its strategy to redefine the future of healthcare workforce management through artificial intelligence, enterprise technology, and workforce innovation.

MAS Medical Staffing has built an outstanding reputation for delivering high-quality workforce solutions through strong client relationships, exceptional clinician engagement, and deep regional expertise throughout the Northeastern United States. The acquisition significantly expands Care Career’s geographic footprint while broadening its access to healthcare professionals, client relationships, workforce data, and regional market intelligence.

Care Career is building a technology-enabled workforce ecosystem powered by its AI-powered workforce platform, where every acquisition contributes not only additional market presence, but also expanded data, enhanced artificial intelligence capabilities, digital innovation, and operational scale that continuously improve the experience for clients and clinicians alike. As the platform grows, every clinician engagement, client interaction, credential, placement, and workforce trend strengthens the intelligence of Career’s technology, creating a continuously improving ecosystem designed to deliver faster, smarter, and more effective workforce solutions.

The acquisition also brings MAS Medical Staffing’s MAESTRA® engagement technology, along with its client relationships and clinician network, directly onto Career’s AI-powered workforce platform. MAESTRA’s scheduling, credentialing, and communication capabilities will be integrated into Care Career’s existing technology stack, further enhancing clinician engagement across onboarding, scheduling, and career management while providing healthcare organizations with greater workforce visibility and operational efficiency.

“Our vision is to build the AI-powered infrastructure that modernizes healthcare workforce management,” said Siva Konatham, Group President and Chief Executive Officer of Care Career. “Under my leadership, Care Career is focused on transforming a fragmented, labor-intensive industry into a data-driven, technology-enabled ecosystem that improves speed, efficiency, and workforce visibility for healthcare providers. Each acquisition strengthens our platform intelligence, expands our scale, and enhances our margin potential. By integrating advanced analytics, AI automation, and digital engagement tools, we are not just growing revenue—we are building a smarter, more scalable model positioned to lead the next era of healthcare workforce solutions.”

The combined organization will leverage expanded recruiting resources, centralized credentialing, advanced workforce analytics, AI-enabled automation, and digital engagement technologies—all powered by Care Career’s AI-powered workforce platform—to deliver broader recruiting capabilities, faster response times, enhanced workforce insights, and expanded national coverage. Clinicians will benefit from a seamless digital experience that simplifies every stage of their careers—from job discovery and credentialing to onboarding, scheduling, communication, and long-term career development.

With seven strategic acquisitions completed in less than two years, representing the first round of acquisitions now totaling more than $150 million in annual revenue, Care Career has rapidly expanded its national presence while executing a disciplined growth strategy focused on technology integration, operational excellence, and workforce innovation. The company has also signed additional Letters of Intent with other entities with expected close dates in the third quarter of 2026. Upon completion of these transactions, coupled with organic growth, Care Career expects consolidated annual revenue to exceed a quarter of a billion dollars by the end of 2026.

The addition of MAS Medical Staffing further strengthens the organization’s ability to serve healthcare systems, hospitals, long-term care providers, outpatient facilities, and other healthcare organizations across an increasingly diverse geographic footprint.

“The healthcare workforce industry is entering a new era where technology, artificial intelligence, and data-driven decision-making will define the market leaders,” Konatham added. “Every acquisition we complete expands the intelligence of our AI-powered workforce platform, enhances the value we deliver to our clients, and creates more opportunities for clinicians. We believe the combination of exceptional people, innovative technology, and strategic scale positions Care Career to lead the next generation of healthcare workforce solutions.”

About Care Career

Care Career is a technology-enabled healthcare workforce solutions company dedicated to transforming how healthcare organizations recruit, engage, credential, deploy, and retain clinical talent. Powered by its proprietary AI-powered workforce platform and supported by advanced artificial intelligence, enterprise technology, and workforce analytics, Care Career is building an intelligent healthcare workforce ecosystem that connects providers and clinicians more efficiently while improving workforce performance, operational effectiveness, and patient care. Following seven strategic acquisitions over the past 24 months the first round of acquisitions totaling more than $150 million in annual revenue and with additional signed LOIs under contract expected to complete shortly, positioning the company to surpass a quarter of a billion dollars in consolidated annual revenue by the end of 2026, Care Career has become one of the nation’s largest and fastest-growing healthcare workforce organizations, serving healthcare providers and clinicians across the United States.

About MAS Medical Staffing

MAS Medical Staffing is a premier healthcare workforce organization recognized for exceptional service, strong client partnerships, and a commitment to connecting healthcare professionals with rewarding career opportunities. With an established presence throughout the Northeastern United States, MAS Medical Staffing has earned a reputation for quality, responsiveness, and delivering workforce solutions that help healthcare providers meet their evolving workforce needs while supporting clinicians throughout every stage of their careers.

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SOURCE Care Career

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PointsKash Demonstrates How Businesses Can Build on Bitcoin Without Burdening the Blockchain

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As industry debate surrounding Bitcoin Improvement Proposal (BIP-110) intensifies, PointsKash unveils an architecture designed to work regardless of the proposal’s outcome.

SCOTTSDALE, Ariz., July 24, 2026 /PRNewswire/ — As the global Bitcoin community debates Bitcoin Improvement Proposal 110 (BIP-110) and the future of data stored on the Bitcoin blockchain, PointsKash, Inc. today announced that its next-generation kiosk infrastructure was intentionally designed to operate efficiently under any outcome of the proposal.

Rather than storing operational data directly on the Bitcoin blockchain, PointsKash utilizes a layered architecture that combines Bitcoin‘s unmatched security with modern decentralized communications technology. Every transaction, machine event, system update, and operational record generated across the PointsKash network is cryptographically verified, securely maintained off-chain, and anchored to the Bitcoin blockchain through a single immutable cryptographic proof.

This approach allows thousands of operational events to be permanently verified while utilizing only a minimal amount of blockchain data.

As discussion surrounding BIP-110 has intensified across the digital asset industry, PointsKash believes the debate does not require choosing between innovation and responsible blockchain stewardship.

“The industry has been debating whether businesses can build meaningful applications on Bitcoin without unnecessarily consuming blockchain space,” said Michael Herron, Chief Executive Officer of PointsKash. “We believe we’ve demonstrated that the answer is yes. Bitcoin provides the world’s most trusted immutable timestamp and security layer, while higher-volume operational data belongs on technologies specifically designed to manage it. By combining both, we’ve built an architecture that is scalable, transparent, and future-ready regardless of how the BIP-110 discussion ultimately evolves.”

The company’s infrastructure assigns every kiosk its own unique cryptographic identity, allowing each machine to securely authenticate every transaction and operational event. Those records are then independently verifiable through cryptographic proofs while remaining resistant to alteration or manipulation—even by PointsKash itself.

According to the company, this architecture delivers several significant advantages:

Mathematically verifiable transaction records for regulators, banking partners, auditors, and enterprise customers.Improved network reliability, allowing kiosks to continue operating during temporary connectivity interruptions without losing transaction history.Enhanced cybersecurity, with every machine maintaining its own authenticated identity and secure communications.A scalable blockchain architecture that minimizes on-chain data while preserving complete auditability.

Bitcoin was created to provide trust, security, and permanence—not to become a storage system for every piece of application data,” Herron added. “Our philosophy has always been simple: use Bitcoin for what it does better than anyone else—creating immutable proof that records have never been altered—and leverage modern decentralized technologies for everything else. We believe that’s the future of enterprise blockchain infrastructure.”

PointsKash believes this architecture positions the company among a new generation of fintech innovators utilizing Bitcoin as a secure trust layer while developing scalable financial applications for enterprise deployment.

The technology also establishes the foundation for future blockchain-based financial products currently under development, including enhanced digital audit capabilities, verifiable financial records, enterprise licensing opportunities, and next-generation digital asset infrastructure.

As the Bitcoin ecosystem continues to mature, PointsKash believes its technology demonstrates that responsible innovation and blockchain scalability can successfully coexist—providing enterprise organizations with the confidence to build on Bitcoin without contributing unnecessary data to the network.

About PointsKash, Inc.

PointsKash, Inc. is a financial technology company developing an integrated ecosystem of AI-enabled self-service financial centers, digital banking, digital payment solutions, cryptocurrency services, loyalty rewards, enterprise merchant technologies, and mobile financial applications. Through proprietary software, Artificial Intelligence, and strategic partnerships, PointsKash is building innovative financial solutions designed to empower consumers, merchants, and enterprise organizations throughout North America.

For more information, visit www.pointskash.com.

Media Contact

PointsKash, Inc.
Investor Relations
info@pointskash.com
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Forward-Looking Statements

This press release contains forward-looking statements regarding anticipated technology integrations, Artificial Intelligence initiatives, product development, future commercialization plans, expected operational efficiencies, business strategy, and future growth. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could affect actual results include, but are not limited to, technology development timelines, integration efforts, financing, regulatory developments, market conditions, and other risks facing the Company. PointsKash undertakes no obligation to update any forward-looking statements except as required by applicable law.

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SOURCE PointsKash Inc.

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As ADA Anniversary Approaches, University of Phoenix Survey Highlights AI’s Potential to Advance Accessibility in Work and Learning

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Survey conducted by The Harris Poll on behalf of University of Phoenix finds among those already using AI in the workplace, 60% say AI has improved their knowledge of and ability to use accessibility standards and guidelines.

PHOENIX, July 24, 2026 /PRNewswire/ — As artificial intelligence becomes part of how people work, learn and solve problems, a new University of Phoenix survey conducted by The Harris Poll finds that recent working learners see meaningful opportunities for AI to support accessibility. The survey was designed to understand the impact of AI in the workplace and learning environments on accessibility, defined as ensuring digital content, tools and resources, including AI tools and output, are usable by people with different abilities through inclusive design, use of assistive technology or conformance with accessibility standards, such as the Web Content Accessibility Guidelines (WCAG). The findings are being released ahead of the 36th anniversary of the Americans with Disabilities Act (ADA) on July 26.

The survey, conducted among 1,019 U.S. employed adults who completed a professionally presented training or school course in the past 12 months (“recent working learners”), found that, among workers already using AI in the workplace, 3 in 5 (60%) say AI has improved their knowledge of and ability to use accessibility standards and guidelines, including nearly 1 in 5 (19%) who report significant improvement. 

While the findings point to optimism about AI’s accessibility potential, they also reveal an opportunity for clearer organizational guidance: 45% of respondents say accessibility is absent from, unclear in, or they are uncertain whether it is covered by their workplace AI policies.

“The reality is that accessibility benefits everyone,” shares Kelly Hermann, Vice President of Accessibility and Student Affairs at University of Phoenix. “If accessibility is built in from the beginning, organizations are more likely to create AI-enabled environments that are universally usable. Clearer content, better summaries, accurate captions, and multiple formats can help workers and learners with disabilities, but they also help busy adults, multilingual learners, mobile users, and anyone trying to absorb information quickly.”

Key findings from the survey include:

Workers see AI’s accessibility potential: 89% of recent working learners identify workflows that could benefit from AI and accessibility tools, especially creating accessible documents, presentations, websites or learning materials (38%), presenting information in different formats such as plain language, audio, summaries or translations (33%), and training employees or learners on accessibility practices (30%).AI may help build accessibility awareness: Among those already using AI in the workplace, 60% say AI has improved their knowledge of and ability to use accessibility standards and guidelines.Accessibility is not always clear in workplace AI policies: 45% of recent working learners say accessibility is absent from, unclear in, or they are uncertain whether it is covered by their workplace AI policies.AI tools may not yet fully support different access needs: Among those who use workplace AI tools, only about a quarter of survey respondents (27%) say AI tools available through their workplace or professional learning environment support people with disabilities very well.Human oversight remains important: 36% of recent working learners say human review for important decisions or high-impact work should be part of responsible AI use at work or school.Workers also recognize how AI and accessibility can have an impact on their own career journey: 90% of recent working learners identify AI and accessibility skills that would be valuable in their current or desired career field, including 45% who see value in understanding when AI-generated content needs human review.

Why accessibility is essential to responsible AI adoption

As AI tools are used to draft documents, summarize information, generate captions and transcripts, create image descriptions, support learning and assist with workplace tasks, accessibility becomes central to responsible use. Poorly implemented AI can also create or amplify barriers, including inaccessible content, inaccurate summaries, biased outputs and tools that do not work effectively with assistive technologies.

“Responsible AI is not only about productivity,” Hermann said. “It is about whether the technology works for the people who need to use it. AI can help create more accessible materials and more flexible ways to engage with information, but it still requires clear policies, practical training and human judgment to make sure the outputs are accurate, applicable and usable.”

What the findings mean for employers and educators

The survey suggests that organizations have an opportunity to align AI adoption with supportive design, accessibility practices and workforce training. Employers and educators can take immediate steps by:

Naming accessibility directly in AI policies and guidance.Choosing AI tools with accessibility and assistive technology compatibility in mind.Training workers and learners to create, check and improve accessible AI-generated content.Making support pathways clear for people who experience barriers using AI tools.Keeping human review in place for important decisions, high-impact work and accessibility-sensitive outputs.

The survey also found workers want practical AI training. The most helpful resources identified by recent working learners include real-world examples from their field or industry (36%), hands-on practice using realistic workplace scenarios (34%) and step-by-step demonstrations of common tasks (33%).

Accessibility insights from University of Phoenix

Hermann shared the survey findings ahead of the ADA anniversary in recent media interviews. Hermann oversees the University’s accessibility initiative, including evaluation and remediation of curricular resources, the Center for Access, Resources, Engagement and Support Services (CARES), and the Office of Collaborative Learning and Educational Engagement. Her work focuses on fostering accessible and welcoming educational environments for students, faculty and staff.

Hermann’s office at University of Phoenix also convenes accessibility conversations through initiatives such as Access Amplified™, a free, annual virtual event focused on advancing digital accessibility in web development. The event brings together engineers, developers, designers, content authors and digital strategists for practical strategies and human-centered conversations that address the gap between coding practices and how users with assistive technology experience the web.

About the survey

The survey was conducted online within the United States by The Harris Poll on behalf of University of Phoenix from June 22–29, 2026, among 1,019 employed adults ages 18 and older who have taken a professionally presented training or a school course in the past 12 months, referred to as “recent working learners.” Data were weighted where necessary by age, gender, race/ethnicity, region, education, employment, marital status, household size, household income and smoking status to bring them in line with their actual proportions in the population.

Respondents for this survey were selected from among those who have agreed to participate in surveys. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 3.8 percentage points using a 95% confidence level. This credible interval will be wider among subsets of the surveyed population of interest.

Review the complete survey at phoenix.edu/aiaccessibility.

About University of Phoenix

University of Phoenix is Built for Real Life. 50 Years Strong. The University innovates to help working adults enhance their careers and develop skills in a rapidly changing world through flexible online learning, relevant courses, academic AI pillars, and skills-mapped curriculum for associate, bachelor’s and master’s degree programs. Active students and alumni have access to Career Services for Life® resources including career guidance and tools. For more information, visit phoenix.edu. 

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SOURCE University of Phoenix

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