Blockchain Press Releases
Smart Education and Learning Market to Reach $1.4 Trillion, Globally, by 2032 at 18.4% CAGR: Allied Market Research
The surge in demand for online & remote learning tools and favorable government initiatives & corporate funding to promote smart education drive the growth of the smart education and learning market
PORTLAND, Ore., July 12, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Smart Education and Learning Market by Component (Software, Services, and Hardware), Learning Mode (Virtual Instructor-led Training, Simulation-based Learning, Social Learning, Blended Learning, Adaptive Learning, and Collaborative Learning), and End User (Academics and Corporate): Global Opportunity Analysis and Industry Forecast, 2023-2032″. According to the report, the global smart education and learning Market was valued at $260 billion in 2022 and is estimated to reach $1.4 trillion by 2032, exhibiting a CAGR of 18.4% from 2023 to 2032.
Prime determinants of growth
The surge in demand for online & remote learning tools and favorable government initiatives & corporate funding to promote smart education drive the growth of the market. In addition, an increase in the need for interactive and personalized learning environment fuels the growth of the smart education and learning market. However, a lack of digital literacy and skills and data privacy and security concerns limits the growth of this market. Conversely, the rise in the implementation of AR and VR technology in the education sector is anticipated to provide numerous opportunities for the expansion of the market during the forecast period.
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Report coverage & details:
Report Coverage |
Details |
Forecast Period |
2023–2032 |
Base Year |
2022 |
Market Size in 2022 |
$ 260 billion |
Market Size in 2032 |
$ 1.4 trillion |
CAGR |
18.4 % |
No. of Pages in Report |
267 |
Segments covered |
Component, Learning Model, End-User, and Region. |
Drivers |
Surge in demand for online and remote learning tools Favorable government initiatives and corporate funding to promote smart education Increase in need for interactive and personalized learning environment |
Opportunities |
Rise in implementation of AR and VR technology in the education sector |
Restraints |
Lack of digital literacy and skills Data security and privacy issues related to IoT devices |
COVID-19 Scenario
- The smart education and learning market had witnessed stable growth during the COVID-19 pandemic, due to the increased demand for online learning solutions. Educational institutions, governments, and private investors allocated significant funds towards developing and expanding smart education infrastructure. There was a significant rise in investments in technology, software platforms, content creation, and digital learning resources.
- Moreover, education technology companies were often seen to deploy technologies such as process automation and hybrid learning models to provide improved efficiency and reduce maintenance expenses during the outburst of the COVID-19 crisis.
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The software segment to maintain its leadership status throughout the forecast period.
Based on the component, the software segment held the highest market share in 2022, accounting for nearly half of the global smart education and learning market revenue, owing to an increase in the need for personalized learning, enhanced accessibility, and delivering interactive and engaging content. However, the same segment is also projected to manifest the highest CAGR of 20.9% from 2023 to 2032.
The blended learning segment to maintain its leadership status throughout the forecast period
Based on learning mode, the blended learning segment held the highest market share in 2022, accounting for more than one-third of the global smart education and learning market revenue, owing to, the rise in demand for cost-effective solutions in educational institutions to provide optimized resources. However, the adaptive learning segment is projected to manifest the highest CAGR of 23.2% from 2023 to 2032, due to the increasing adoption of adaptive learning systems to heighten the need for personalized learning experiences.
The Academics segment to maintain its lead position during the forecast period
Based on end users, the academics segment accounted for the largest share in 2022, contributing to more than two-thirds of the global smart education and learning market revenue, due to numerous beneficial factors, including flexibility and accessibility. However, the corporate segment is expected to portray the largest CAGR of 20.7% from 2023 to 2032 and is projected to maintain its lead position during the forecast period, owing to increasing demand for the connectivity of learning infrastructure in the corporate sector with effective tools and platforms for employee training and development.
Asia-Pacific maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for around one-third of the global smart education and learning market revenue, due to high demand for high-quality mobile services, extensive availability of fiber, and rise in penetration of the advanced technology across the region. However, the Asia-Pacific region is expected to witness the fastest CAGR of 21.6% from 2023 to 2032 and is likely to dominate the market during the forecast period, owing to the increase in demand for quality education and skills development, coupled with the rapid expansion of internet connectivity and mobile device adoption.
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Leading Market Players:
- Adobe Systems Incorporated,
- Blackboard Inc,
- Cisco Systems, Inc,
- Desire2Learn Incorporated,
- Educomp Solutions Limited,
- Ellucian Company L.P,
- NIIT Limited,
- Saba Software, Inc,
- SMART Technologies Inc,
- Unit4 Business Software Ltd,
The report provides a detailed analysis of these key players in the global smart education and learning market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Blockchain
io.finnet and Cede Labs Partner to Transform Multi-Exchange Portfolio Management for Institutions
io.finnet, a leader in digital asset infrastructure, has partnered with Cede Labs, to introduce a solution for centralized exchange (CEX) connectivity. This collaboration provides institutional clients with a streamlined, secure platform for comprehensive multi-exchange portfolio management. Through this integration, io.finnet clients can now access leading exchanges such as Binance, Coinbase, Bybit, OKX, Kraken and more with features tailored for institutional-grade governance and operational efficiency.
Institutional digital asset management faces increasing complexity as businesses demand more secure and efficient tools to oversee diverse portfolios. With 70% of institutional investors expecting a surge in digital asset-focused funds, the need for secure and efficient multi-exchange solutions has never been greater.
“Businesses require solutions that simplify the complexity of managing assets across exchanges while maintaining the highest standards of security.” said Jacob Plaster, CTO of io.finnet. “Through our partnership with Cede Labs, clients can seamlessly connect their exchange accounts and manage their entire portfolio within a unified, secure environment.”
Unlike traditional offerings, io.finnet’s integration with Cede Labs introduces secure account-linking capabilities, allowing clients to effortlessly connect and unlink their exchange accounts while adhering to strict governance protocols. Unified tracking capabilities further enhance this solution, enabling users to monitor their portfolios across all connected exchanges in real-time. This includes the ability to oversee spot and trading wallets, derivatives positions, and sub-accounts under a single pane of glass, a feature few competitors offer at this scale.
Pierre Ni, CEO of Cede Labs, highlighted the impact on institutional workflows: “We are proud to collaborate with io.finnet to redefine digital asset custody and management. By unlocking new use cases for corporates, market makers, liquid funds, foundations, and fintechs through CEX connectivity, we believe io.finnet can grow to become one of the top self-custody players.”
This partnership is particularly timely as market demand for interoperable solutions continues to rise. The integration will eliminate the need to navigate multiple platforms and provide institutions with real-time visibility across their digital asset holdings, enabling seamless exchange connectivity and enhanced risk management.
io.finnet is committed to enhancing its exchange connectivity capabilities with deposits, withdrawals, trades, and sub-account transfers to further streamline asset management workflows. Stay tuned for exciting updates as we expand the possibilities of our Exchange Connectivity feature.
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Blockchain Press Releases
Bybit Web3 Launches FarmX, Revolutionizing Telegram Gaming with Decentralized Farming in SpaceS
DUBAI, UAE, Jan. 15, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of FarmX, a groundbreaking decentralized farming platform integrated into its popular Telegram game bot, SpaceS. FarmX empowers both new and experienced crypto users to earn rewards by completing simple farming tasks and participating in various campaigns, introducing a new dimension of play-to-earn excitement to the SpaceS ecosystem.
Bybit SpaceS, with its engaging space-themed gameplay and vibrant community of over 3 million players, has become a beloved platform for Web3 enthusiasts. Beyond its gameplay, SpaceS introduces a social element, allowing players to invite friends and form fleets to play together. The introduction of FarmX further solidifies Bybit’s position as a leader in innovative and rewarding gaming experiences.
Key Features of FarmX:
- Farm-to-Earn: Connect your wallet, hold SpaceS Points or TON, and start farming with a few simple clicks.
- Early Bird Advantage: FarmX rewards are distributed based on how much you farm and how early you start. The more SpaceS Points or $TON you hold and the earlier you participate, the greater your share of the prize pool.
- Exclusive Loyalty Rewards: Earn exclusive token rewards by farming SpaceS Points or depositing TON.
- Community-Driven: Leverage the thriving SpaceS community and participate in exciting campaigns with massive prize pools.
- TON Ecosystem Integration: FarmX integrates TON farming, marking Bybit Web3’s entry into the vibrant TON ecosystem. By holding $TON, players can double their rewards, unlocking even more earning potential.
MK Chin, Bybit’s Web3 Evangelist, commented: “FarmX represents a significant milestone for SpaceS and Bybit Web3. By seamlessly integrating decentralized farming into a beloved game, we are democratizing access to DeFi and providing our community with exciting new opportunities to earn rewards. We are thrilled to see how players embrace FarmX and shape the future of play-to-earn experiences.”
The FarmX campaign offers an additional 40,000 USDT prize pool from January 16th to 24th. Subsequent campaigns will feature even more enticing rewards and collaborations with top projects in the Web3 space.
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit Web3, please visit Bybit Web3.
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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Blockchain Press Releases
HTX Achieves 100% YoY Trading Volume Growth to $2.4 Trillion in 2024, Powers User Growth to Over 49 Million
Embracing a New Era of Crypto Growth with Enhanced Security, Premium Listings, and Global Expansion in 2025
SINGAPORE, Jan. 15, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, today released its annual report, “Embracing Global Growth with Innovation and Trust,” detailing its significant achievements in 2024 and outlining its ambitious roadmap for the year ahead.
Read the full report here: https://square.htx.com/htx-2024-recap-2025-outlook/
2024: A Year of Explosive Growth Across Multiple Fronts
In 2024, HTX demonstrated remarkable progress across key areas, including user acquisition, trading volume, product innovation, compliance, and ecosystem development. This success was driven by cutting-edge offerings, excellent services, and a robust global strategy.
- Key Metrics Show Accelerated Growth Through Innovative Events
HTX’s performance metrics reveal unparalleled momentum. The platform welcomed 3 million new registered users in 2024, bringing its total user base to over 49 million. Trading volume surged, reaching nearly $2.4 trillion, marking a 100% year-over-year increase with consistent monthly growth. User assets also saw significant growth, with a net capital inflow of $1 billion, bringing the total to $5 billion—a robust 80% increase compared to early 2024.
These achievements can be attributed to the success of HTX’s innovative events, such as Launchpool, Trade to Earn, Earn with Pending Orders, Borrow & Earn, SmartEarn, and the 11th Anniversary Series. These events fostered unprecedented engagement, trading volume, and rewards offered to participants.
Over the past year, community members actively participated in HTX DAO, casting over 350,000 votes. Based on the governance proposals passed by HTX DAO, HTX introduced new models such as “Multiple Staking Rewards” to enhance the value of $HTX. These models further strengthened the competitiveness of the $HTX token. Data shows that thanks to mechanisms such as Liquidity Pledge and Token Burns, the total number of users holding $HTX on the HTX exchange reached over 720,000. Moreover, the amount held by large holders increased by 268%, with the number of large holders possessing over 100,000 USDT experiencing a 110% increase.
- Spotlight on Emerging Trends and Early Opportunities
Leveraging its market insights, HTX listed 218 high-quality assets in 2024, including WIF, BOME, ONDO, and ENA, across diverse hot sectors including DePIN, RWA, and meme coins. Notably, 171 of these assets were initially listed on HTX.
SUNDOG, the best-performing coin within the SunPump ecosystem, experienced a remarkable 37-fold growth after its listing, becoming a key driver of SunPump’s success. Recognizing the importance of identifying and capitalizing on emerging opportunities, HTX promptly launched the Crypto Gem Hunt to help users discover and capitalize on potential wealth-generating assets.
- Commitment to Security and Regulatory Compliance
HTX made significant strides in global compliance, including applying for Europe’s MiCA licenses and pursuing regulatory approvals in Dubai (VARA’s FMP license) and Bahrain for custody, brokerage, and exchange operations.
To ensure asset transparency, the exchange consistently delivered Proof of Reserves by Merkle Tree Verification for 12 consecutive months, maintaining over 100% reserve ratios across eight assets.
- Towards Long-Term Development Through Ecosystem Cooperation
HTX Ventures, the global investment arm of HTX, invested in 28 leading projects in 2024, spanning diverse sectors such as BTCFi, ZK-rollups, modular infrastructure, AI, SocialFi, and more. Furthermore, HTX fostered strategic collaborations with leading venture capital firms, including Bankless and Figment, to jointly promote the sustained growth and development of the crypto industry.
- Promotion of Brand Image to Facilitate Global Reach
Throughout 2024, HTX consistently made a strong impression at top crypto summits worldwide, such as TOKEN2049 and Blockchain Life, hosting 19 brand events and receiving 4 industry awards. Notably, the host of Crypto Summit 2024 revealed at the opening ceremony that HTX holds an 11% market share, ranking third in the CIS region, solidifying its position as a key player in the market.
2025: Seizing Opportunities in a New Crypto Era
HTX’s 2025 vision aligns with anticipated industry tailwinds, including potential shifts in the U.S. Federal Reserve’s interest policies and the evolving global regulatory landscape. The exchange plans to:
1. Expand premium listings.
2. Enhance product offerings and user experience through innovation.
3. Strengthen security measures and global operations models.
4. Support decentralized governance and foster global crypto prosperity.
5. Cement HTX’s influence, particularly in high-potential regions like the CIS.
2025 will be a pivotal year for HTX to seize emerging industry opportunities. As a well-established digital asset trading platform with a proven track record of industry building, and a strong user-centric focus, HTX is confident to deliver exceptional services for its global user base and advance toward its vision of “Achieving Financial Freedom for 8 Billion People on Earth”.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord. For further inquiries, please contact [email protected]
Contact Details
Ruder Finn Asia
[email protected]
Company Website
https://www.htx.com
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