Blockchain Press Releases
Revolutionary Growth Projected for Online Education Market Expanding to USD 475 Billion by 2030 with a Striking CAGR of 9.1% Unveiled in Technology Industry Report by Facts and Factors
NEW YORK, July 13, 2023 /PRNewswire/ — As per Facts and Factors study, the global Online Education market size was worth around USD 217 billion in 2022 and is predicted to grow to around USD 475 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 9.1% between 2023 and 2030.
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Online Education Market: Overview
Massive demand for online education has resulted from the escalating competition among online degree providers and the substantial proportion of education sector investments. The increasing need to enhance the quality of education and experience has increased the demand for online education. The proliferation of online education enterprises has disrupted the market and increased venture capital funding. For the record, the amount of venture capital allocated to the edtech industry in the United States increased from $1.1 billion to nearly $8.1 billion.
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- 2023 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 206+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes an Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors Methodology
Key Industry Insights & Findings of the Online Education Market Reports:
- As per the analysis, the Online Education market share is likely to grow above a CAGR of around 9.1% between 2023 and 2030.
- The Online Education market size was worth around USD 217 billion in 2022 and is estimated to hit approximately USD 475 Billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- The global online education market is anticipated to record massive growth over the forecast period owing to the large-scale application of AI for e-learning in the education sector.
- In terms of type, the academic segment is slated to register the fastest CAGR over the forecast period.
- Based on technology, the mobile e-learning segment is slated to dominate the segmental surge over the forecast period.
- On the basis of end-user, the K-12 schools’ segment is slated to dominate the segmental surge over the forecast period.
- Region-wise, the Asia-Pacific online education market is projected to register the highest CAGR during the assessment period.
Facts and Factors published the latest report titled “Online Education Market Size, Share, Growth Analysis Report By Type (Academic and Corporate), By Technology (Mobile E-learning, Rapid E-learning, and Podcasts), By Vendor (Service Provider and Content Provider), By End-User (Higher Education Institutions and K-12 Schools), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2023 – 2030” into their research database.
Online Education Market: Growth Factors
- Growing popularity of cloud-based technologies will drive the expansion of global market
It is anticipated that the introduction of cloud-based tools and an increase in online interaction for resolving questions will drive the global growth of the online education market. The widespread implementation of cutting-edge hardware computing systems, such as smartphones, in educational activities will expand the market’s growth potential.
Global market growth will be stimulated by the widespread implementation of AI for e-learning in the education industry. Aside from this, online education providers are uniquely positioned to develop B2B alliances with companies whose primary objective is to upskill their employees and recruit new talent. The action is anticipated to stimulate global market trends.
In addition, the trend toward providing unique learning experiences will drive the expansion of the global online education market. The increasing digitization of education and demand for tablets will increase the scale of the global market.
Online Education Market: Restraints
- Less web access can hinder the expansion of the global market
Income limitations and restricted Internet access can hinder the global online education market. Children’s increasing reliance on smartphones, iPads, and laptops will further slow the global economy.
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Global Online Education Market: Segmentation Analysis
The global online education market is segmented by type, technology, vendor, end-user, and region.
The global market for online education is segmented by type into academic and corporate segments. In addition, the academic segment, which accounted for over 52% of the global market share in 2022, is anticipated to exhibit the highest CAGR during the forecast period. In academic institutions such as schools, universities, and coaching institutes, there has been a rise in demand for online lecture delivery, which has contributed to segment growth in the coming years.
Globally, the online education industry is segmented by technology into rapid e-learning, mobile e-learning, and podcasts. In addition, the mobile e-learning segment, which held a significant share of the global market in 2022, is projected to lead the segmental expansion in the coming years. The predicted segment growth can be attributed to the widespread use of mobile e-learning technology in online education activities.
The global online education market is segmented by end-user into higher education institutions and K-12 schools. In addition, the K-12 schools’ segment, which held a significant share of the global market in 2022, is projected to lead the segmental expansion in the coming years. The predicted segment growth can be attributed to the substantial demand for online modes of education in K-12 institutions.
The global online education industry is divided into service providers and content providers based on the vendor.
Recent Developments:
- In the first half of 2022, Credly, Inc., a key software firm, recently declared its acquisition of Pearson plc, a key UK-based education & book publishing firm. The move is likely to expand the latter’s assessment abilities, learning capabilities, and workforce analysis. Furthermore, it will help in expanding the former’s global presence.
- In the second quarter of 2022, Class Technologies Inc., a key player in the digital learning sector, and Anthology, a key provider of ed-tech solutions, signed a deal as per which the former will acquire the latter’s virtual classroom. The move is likely to boost the growth of the online education industry across the globe.
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Competitive Players
The report contains qualitative and quantitative research on the global Online Education Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market’s main competitors, as well as information on their competitiveness.
Some of the main players in the global Online Education market include;
- Saba Software
- Microsoft Corporation
- Lynda.Com
- KallidUS Ltd.
- Cornerstone on Demand Inc.
- Docebo
- Citrix Education Inc.
- Tata Interactive Systems
- Adobe Systems Inc.
- Blackboard Inc.
- Aptara Inc.
- Mcgraw-Hill Education
- K12 Inc.
- Powerschool Group LLC
- Cisco Systems Inc.
- Skills2learn Ltd.
- Oracle Corporation
- City & Guilds Group
- Centerpoint Systems Inc.
- Adobe Systems Inc.
- Articulate Global Inc.
- Learning Pool
- Sap SE
- Edmodo
Key questions answered in this report:
- What is the growth rate forecast and market size for Online Education Market?
- What are the key driving factors propelling the Online Education Market forward?
- What are the most important companies in the Online Education Market Industry?
- What segments does the Online Education Market cover?
- How can I receive a free copy of the Online Education Market sample report and company profiles?
Report Scope:
|
Report Attribute |
Report Details |
|
Market Size in 2022 |
USD 217 Billion |
|
Market Forecast in 2030 |
USD 475 Billion |
|
Growth Rate |
CAGR of 9.1% |
|
Base Year |
2022 |
|
Forecast Years |
2023- 2030 |
|
Key Companies Covered |
Saba Software, Microsoft Corporation, Lynda.Com, KallidUS Ltd., Cornerstone on Demand Inc., Docebo, Citrix Education Inc., Tata Interactive Systems, Adobe Systems Inc., Blackboard Inc., Aptara Inc., Mcgraw-Hill Education, K12 Inc., Powerschool Group LLC, Cisco Systems Inc., Skills2learn Ltd., Oracle Corporation, City & Guilds Group, Centerpoint Systems Inc., Adobe Systems Inc., Articulate Global Inc., Learning Pool, Sap SE, Edmodo., and others. |
|
Segments Covered |
By Type, Technology, Vendor, End-User, and Region |
|
Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
|
Customization Scope |
Avail customized purchase options to meet your exact research needs. |
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Regional Analysis:
Over the forecast period, the North American Online Education market will establish a dominant position.
North America, which accounted for more than 60 percent of the global online education market’s revenue in 2022, is projected to experience significant growth over the coming years. The expansion of the regional market between 2023 and 2030 may be subject to an increase in demand for bring your own device. In addition, the regional market expansion will be driven by the presence of key competitors such as Microsoft Corporation, Cisco Systems, Inc., and Oracle Corporation.
In addition, the Asia-Pacific region is anticipated to have the maximum CAGR over the assessment period for the online education market. A rise in the use of the internet and the demand for smartphones in countries such as India and China are factors that are likely to influence the expansion of the regional industry. Regional industry trends will be determined by the vast prevalence of educational institutions in the region.
Global Online Education Market is segmented as follows:
By Type Segment Analysis
- Academic
- Corporate
By Technology Segment Analysis
- Mobile E-learning
- Rapid E-learning
- Podcasts
By Vendor Segment Analysis
- Service Provider
- Content Provider
By End-User Segment Analysis
- Higher Education Institutions
- K-12 Schools
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Browse Through Facts and Factors Coverage of the Global Technology Industry
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Blockchain Press Releases
Purchasers of Quantstamp QSP Tokens May Be Eligible for Payment from the Quantstamp Fair Fund
COSTA MESA, Calif., Jan. 22, 2025 /PRNewswire/ — The following statement is being issued by Simpluris, Inc., the SEC-appointed Fund Administrator.
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
In the Matter of Quantstamp, Inc.
Administrative Proceeding File No. 3-21535
This Notice is Pursuant to a Distribution Plan approved by the United States Securities and
Exchange Commission in the captioned matter.
If you purchased or acquired Quantstamp QSP tokens from October 1, 2017, through July 20, 2023, inclusive, you may be eligible for a distribution from the Fair Fund created in the Securities and Exchange Commission (“SEC”) administrative proceeding captioned above (the “Fair Fund”).
The Fair Fund is being distributed pursuant to a Distribution Plan (the “Plan”) approved by the SEC. The Plan provides for the distribution of the Fair Fund to compensate investors based on their losses, due to the misconduct of Quantstamp, Inc. described in the SEC’s administrative proceeding, on the purchase of QSP tokens from October 1, 2017 through July 20, 2023. You can view and download a copy of the SEC’s order and the Plan on the Important Documents tab on the website for this matter: www.QuantstampFairFund.com/documents.
To be considered for eligibility for a Distribution Payment from the Fair Fund, you must timely submit a completed Claim Form online or via mail. Claim Forms completed online must be submitted on or before 11:59 p.m. Eastern Standard Time (“EST”) on April 10, 2025. Claim Forms submitted via mail must be sent to the address provided on the Claim Form and postmarked (or if not sent by U.S. Mail, received) by April 10, 2025.
You may complete the Claim Form online here: www.QuantstampFairFund.com/form/claim. Alternatively, you may download a paper copy from of the Claim Form on the Important Documents page www.QuantstampFairFund.com/documents, or request a copy of the paper Claim Form from the Fund Administrator via email at [email protected] or by calling 833-215-6101, for submission by mail to the address set forth on the Claim Form.
ADDITIONAL INFORMATION
Additional information regarding the Fair Fund, including copies of the Plan, the Plan Notice, the Claim Form, and other relevant documents may be found at www.QuantstampFairFund.com. You may request copies or seek additional information by contacting the Fund Administrator.
|
Email: |
|
|
Call: |
833-215-6101 |
|
Write: |
Quantstamp Fair Fund |
|
Fund Administrator |
|
|
P.O. Box 25381 |
|
|
Santa Ana, CA 92799 |
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain Press Releases
HTX Ventures: RWAFi and Stablecoin Payments Set to Dominate the Evolving DeFi Landscape
SINGAPORE, Jan. 22, 2025 /PRNewswire/ — The DeFi landscape has undergone a dramatic transformation since the “DeFi Summer” of 2020. With Donald Trump assuming office as the President of the United States, a new era of growth for DeFi is emerging, characterized by deeper integration with traditional finance.
HTX Ventures, the global investment division of HTX, has released a forward-looking report titled “A New Era for DeFi with Crypto Compliance and New Opportunities in RWA-Fi and Stablecoin Payments.“ This report analyzes the evolving environment of crypto trading in 2025, focusing on the significant opportunities and challenges RWAFi and stablecoin payments are facing.
Changes in the Crypto Trading Environment Favor Stablecoins and RWAs Prospects
The gradual easing of crypto regulatory policies is facilitating greater institutional investor participation within the crypto ecosystem. This shift has seen stablecoins and RWAs (Real-World Assets) emerge as crucial bridges connecting the traditional finance and decentralized finance worlds.
Data shows a remarkable surge in stablecoins usage in blockchain transactions, which has risen from 3% in 2020 to over 50% by the end of 2024. The core value proposition of stablecoins lies in their ability to facilitate seamless cross-border payments, making them strategically important in international trade.
The report underscores the immense potential of stablecoins, stating, “At present, the global cross-border B2B payments market processed through traditional channels is valued at approximately $40 trillion, while the consumer remittance market generates hundreds of billions of dollars in annual revenue. Stablecoins offer a new alternative for efficient cross-border payments via crypto channels. As the adoption gains momentum, stablecoins are set to penetrate and disrupt this market segment, becoming a key player in the global payments landscape.”
Furthermore, the U.S. House Financial Services Committee is actively preparing to introduce a stablecoin bill, which has the potential to be the first comprehensive crypto legislation passed by Congress. This legislation could drive widespread adoption of crypto wallets, stablecoins, and blockchain-based payment channels among traditional banks, enterprises, and individuals. Notably, several prominent traditional financial giants, including PayPal and Stripe, have already initiated active exploration within the stablecoin sector.
The RWA market saw positive growth during the recent bear market cycle, primarily driven by its stable returns. Unlike cryptocurrencies, the value of RWAs remains largely unaffected by the inherent volatility of the crypto market, a crucial characteristic for building a robust DeFi ecosystem. Industry leaders like Binance project that the RWA market could expand to $16 trillion by 2030. This immense market potential has driven companies like BlackRock and Tether to explore tokenized assets, leading to the emergence of compliance tools for RWA token issuance, such as Securitize.
Opportunities and Challenges for DeFi Projects
As stablecoins and RWAFi emerge as the cornerstones of the evolving DeFi landscape, project teams are tasked with developing innovative products tailored to the new environment and demands. While challenges are inevitable, these transformative shifts also unlock numerous opportunities.
In terms of realizing the vision of yield-generating stablecoins, the report identifies two prevailing market trends:
- Treasury-backed Stablecoins:
This approach involves utilizing the U.S. Treasury bonds as the underlying assets for stablecoins, effectively introducing traditional financial assets onto the blockchain through tokenization. This methodology preserves the stability and low-risk nature of Treasury bonds while seamlessly integrating the high liquidity and composability inherent to DeFi. Examples include USDY by Ondo Finance and a range of Treasury-backed Vault products from OpenTrade.
- Volatility-driven Yield:
The alternative approach leverages crypto market volatility and MEV to generate low-risk returns. Ethena, along with its native stablecoin USDe, serve as a prime example of this strategy.
Seamlessly integrating DeFi applications with RWAs presents another critical challenge for project teams. On one hand, the inherent stability of RWAs can effectively mitigate risk in DeFi applications. Collateralized Debt Position (CDP) stablecoins, such as Curve’s crvUSD, are increasingly incorporating RWAs as collateral to enhance their stability. On the other hand, the flexibility of DeFi can significantly boost the utilization rate of tokenized RWAs. Pendle’s newly introduced RWA section, boasting a current TVL of $150 million, exemplifies this synergy. Leveraging the composability of DeFi Lego, Pendle’s diverse yield-generating assets can offer highly attractive APYs, incentivizing users to invest in RWA stablecoins.
Emerging DeFi projects still possess significant untapped potential within niche sectors, such as addressing defaults scenarios within the private credit market within RWA domain and effectively leveraging RWA public chains to empower institutional finance. Looking ahead, the report suggests that on-chain forex, cross-border payment stacks, and multi-pool stablecoin aggregation platforms are among the promising development directions in the “New DeFi” era.
About HTX Ventures
HTX Ventures is the global investment arm of HTX, integrating investment, incubation, and research to identify and discover the best and most innovative projects in the market. Visit us here.
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