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Global English Language Learning (Blended, Offline, Online) Market 2023-2030: Growing Demand for E-learning and Increasing Incorporation of Artificial Intelligence and Robotics in Delivery

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DUBLIN, March 4, 2024 /PRNewswire/ — The “Global English Language Learning Market by Methodology (Blended Learning, Offline Learning, Online Learning), Learning Mode, Age Group, End User (Individual Learners, Educational Institutes, Government Bodies), and Geography – Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.

The English language learning market is projected to reach $77.9 billion by 2030, at a CAGR of 10.5% during the forecast period of 2023-2030.

The growth of the English language learning market is driven by the rising importance of English in business and professional settings, increasing investments in start-ups and small companies specializing in language education, the high affordability of English language learning apps, and the growing need for cross-border communication. However, the reluctance to accept English as the primary language in some countries restrains the growth of this market.

Furthermore, increasing government spending on the education sector and the growth in transnational education (TNE) are expected to generate growth opportunities for the players operating in this market. However, the shortage of trained English tutors is a major challenge impacting the growth of the English language learning market.

2023, Asia-Pacific is expected to account for the largest share of the global English language learning market. Asia-Pacific’s major market share can be attributed to several factors, including the rising trend of digitalizing educational content, growing demand for language skills for cross-border work and collaboration, the widespread availability of E-learning courses, increasing popularity of English learning programs, expanding Internet accessibility, heightened government focus on education through various initiatives, and a growing emphasis on enhancing employability and job prospects. 

Based on learning mode, in 2023, the tutoring segment is expected to account for the larger share of the global English language learning market. The large market share of this segment is attributed to the growing investments in e-learning tools and technologies to enhance the teaching experience, the increasing need for education, and the demand for cost-effective programs to address the knowledge gap in students. However, the self-learning apps and applications segment is projected to register a higher CAGR during the forecast period.

Based on age group, in 2023, the 13-17 years segment is expected to account for the largest share of the global English language learning market. The large market share of this segment is attributed to the increasing digitization of public schools, the rising number of English learners, the significant increase in smartphone users, the increasing demand for kids’ learning apps, the rising preference for interactive and engaging learning experiences, and increasing need for immersive and practical language practice. However, the 18-20 years segment is projected to register the highest CAGR during the forecast period.

Based on end user, in 2023, the individual learners segment is expected to account for the largest share of the global English language learning market. The large market share of this segment is attributed to the rising adoption of smart devices, increasing internet accessibility, proliferation of social media platforms, and the presence of numerous well-established language learning sites. Moreover, this segment is projected to register the highest CAGR during the forecast period.

Key Questions Answered in the Report:

Which are the high-growth market segments in terms of methodology, learning mode, age group, and end user?What is the historical market size for the global English language learning market?What are the market forecasts and estimates for 2023-2030?What are the major drivers, restraints, opportunities, challenges, and trends in the global English language learning market?Who are the major players in the global English language learning market, and what are their market shares?What is the competitive landscape like?What are the recent developments in the global English language learning market?What are the geographic trends and high-growth countries?Who are the local emerging players in the global English language learning market, and how do they compete with other players?

Market Insights

Factors Affecting Market Growth

Rising Importance of English In Business and Professional Areas Supporting Market GrowthIncreasing Investments in Start-Ups and Small Companies Providing Language Education Accelerating the Development of English Language Learning PlatformsHigh Affordability of Language Learning Apps Making English Increasingly Accessible to LearnersGrowing Need for Cross-Border Communication Driving the Development of English Language Learning ProgramsReluctance to Accept English as the Primary Language Restraining Market GrowthIncreasing Government Spending on the Education Sector Expected to Generate Market Growth OpportunitiesGrowth in Transnational Education (TNE) Expected to Accelerate the Expansion of the English Language Learning MarketShortage of Trained English Tutors Impacting Market Growth

Key Trends

Increasing Incorporation of Artificial Intelligence and Robotics in the Delivery of Language EducationGrowing Demand for E-learning

Value Chain Analysis

Primary ActivitiesSupport Activities

Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)

Cambridge University Press & Assessment (U.K.)New Oriental Education & Technology Group Inc. (China)Houghton Mifflin Harcourt Publishing Company (U.S.) (A Subsidiary of Veritas Capital Fund Management L.L.C.)McGraw-Hill Education Inc. (U.S.) (A Subsidiary of Platinum Equity LLC)Duolingo Inc. (U.S.)Berlitz Corporation (U.S.) (A Subsidiary of Benesse Holdings Inc.)Busuu Limited (Spain) (A Subsidiary of Chegg Inc.)Babbel GmbH (Germany)ATI STUDIOS A.P.P.S. S.R.L (Mondly) (Romania)ELSA Corp. (U.S.)FluentU (China) (A Part of Enux Education Limited)Memrise Limited (U.K.)Mango Languages (U.S.)Rosetta Stone LLC (U.S.)inlingua International Ltd. (Switzerland)Sanako Oy (Finland)Transparent Language Inc. (U.S.)Open Education LLC (U.S.)EF Education First (Sweden)International House World Organisation Ltd (U.K.)English Worldwide SL (ABA English) (Spain)Udemy Inc. (U.S.)

Scope of the Report:

English Language Learning Market Assessment – by Methodology

Blended LearningOffline LearningOnline Learning

English Language Learning Market Assessment – by Learning Mode

Self-learning Apps and ApplicationsTutoringOne-on-One LearningGroup Learning

English Language Learning Market Assessment – by Age Group

< 13 Years13-17 Years18-20 Years21-30 Years31-40 Years> 40 Years

English Language Learning Market Assessment – by End User

Individual LearnersEducational InstitutesK-12Higher EducationGovernment BodiesCorporate Learners

English Language Learning Market Assessment – by Geography

North AmericaU.S.CanadaEuropeGermanyU.K.FranceItalySpainRussiaPolandNetherlandsBelgiumSwedenAustriaSwitzerlandFinlandNorwayTurkeyIrelandLuxembourgRest of EuropeAsia-PacificChinaJapanSouth KoreaIndiaIndonesiaAustralia & New ZealandTaiwanHongkongSingaporeMalaysiaVietnamRest of Asia-PacificLatin AmericaMexicoBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaUAERest of MEA

For more information about this report visit https://www.researchandmarkets.com/r/sr8sks

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets

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Leoguar Electric Bike Makes Christmas Unforgettable with Exclusive Holiday Offers

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HOUSTON, Dec. 25, 2024 /PRNewswire/ — As the holiday season draws near, Leoguar is excited to offer exclusive deals on their range of electric bikes, bringing families together for memorable moments. With a collection designed to combine fun and fitness, this Christmas is the perfect time to gift an unforgettable experience.

“This Christmas, we’re inviting families to rediscover the joy of outdoor exploration. Our bikes help you bond, stay active, and make the most of every moment,” said the Leoguar COO.

Leoguar’s holiday lineup offers premium e-bikes for every rider, now with unbeatable deals: 

Flippo Folding eBike: A lightweight, foldable ride perfect for urban commutes. Upgrade to the Flippo Pro for enhanced performance with a torque sensor for smoother rides.

Fastron Fat Tire eBikes: Built for rugged terrains, the Fastron features a durable, rugged build, and speeds up to 28 MPH, making it the perfect choice for adventurous riders.

Zephyr Beach Cruiser eBikes: Crafted for effortless coastal cruising, the design combines style and comfort, featuring a comfort saddle that ensures a smooth, seamless ride.

Sprint Utility eBike: A versatile, practical choice featuring a sturdy frame and passenger seat, perfect for errands or leisure.

Trailblazer EMTB: Designed for tough off-road trails, the model features a 500W mid-drive motor, offering powerful performance, extended range, and excellent climbing ability.

To make this holiday gift even sweeter, all Leoguar bikes come with free shipping and a two-year warranty for worry-free riding. Additionally, customers can join the holiday giveaway to win prizes like $59 bottle holders, or even a free e-bike!

Leoguar bikes cater to all experience levels, offering comfort and a seamless riding experience. They promote health benefits like improved fitness and stress relief while creating lasting memories on scenic rides.

“Whether it’s cruising the city streets, riding mountain trails, or relaxing by the beach, a Leoguar electric bike is the ideal Christmas gift,” the COO added. “This holiday season, choose a cycling gift that will last for years to come — there’s no better way to kick off the new year.”

To check out the full collection and take advantage of these limited-time offers, visit www.leoguarbikes.com

About Leoguar:

Leoguar is an eco-conscious e-bike brand founded by Johnny, an engineer with decades of industry expertise. Combining innovation, agility, and power, Leoguar delivers high-quality electric bikes designed for adventure, sustainability, and individuality.

Media contact: lily@leoguarbikes.com 

 

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SOURCE Leoguar Electric Bikes

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2024 Financial Oscars: Waton Securities International Honored as “Outstanding Digital Empowerment Institution” of the Year

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SHENZHEN, China, Dec. 25, 2024 /PRNewswire/ — In early December, at the 18th Huaxia Institutional Investor Annual Conference of 2024, the 18th Golden Cicada Awards were announced. Waton Securities International was awarded the “Outstanding Digital Empowerment Financial Institution of 2024” for its significant achievements in securities brokerage and fin-tech sector.

The selection for the “Outstanding Digital Empowerment Financial Institution” focused on evaluating companies based on financial performance, market competitiveness, customer recognition, digital strategy planning and implementation, digital transformation outcomes, and risk control capabilities. Particularly, it highlighted cases that have made significant strides in digital empowerment.

The evaluation also emphasized the outstanding performance of financial institutions in their own digital transformation and the sound risk control abilities demonstrated during this process, ensuring that while pursuing innovation, companies can effectively manage and control risks. Waton Securities International distinguished itself among the contenders with its sophisticated technology platform, well-defined digital strategy, substantial transformation achievements, and commendable risk control mechanisms.

Established in Hong Kong in 1989, Waton Securities International has steadily grown with a deep understanding of professional financial services and regulatory compliance. It has obtained licenses 1/4/5/9 from the Hong Kong Securities and Futures Commission, becoming a fully licensed brokerage with comprehensive financial service qualifications. Through continuous technological innovation and digital transformation, it has successfully built a one-stop brokerage cloud service platform, promoting advanced digital financial technology globally. Its pioneering SaaS product, “Broker Cloud”, allows corporate clients to independently deploy and operate high-performance digital customer information management and trading systems without their own IT teams. The solution is relatively low-cost and adaptive to industry, which is the core competitiveness of Waton Securities International.

Data reveals that of the 1,100 securities firms in Hong Kong, approximately 600 are actively trading, yet fewer than 50 have developed their own mobile applications. On a global scale, among the 30,000 securities companies, only a handful—less than 300—feature brokerage trading Apps in App stores. This underscores a significant market demand for the digital enhancement of the securities sector.

With the swift growth of technologies like generative AI LLMs, blockchain, big data, and cloud computing, the securities industry can use these tools to streamline trading strategies, assess risks more accurately, and forecast market trends. These technologies also help the industry to move towards more integrated, platform-focused, and digital operations. The main goal of technology in finance is to increase the efficiency of financial institutions. A good starting point for applying technology is to focus on financial services and build a solid technical foundation for these institutions.

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SOURCE Waton Securities

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Mega Matrix Announced that the English Version of “Getting Even: The Secret Prodigy’s Playbook” Now Streaming on FlexTV

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SINGAPORE, Dec. 25, 2024 /PRNewswire/ — The highly anticipated English adaptation of the revenge rebirth series, Getting Even: The Secret Prodigy’s Playbook, officially premiered on December 19th on FlexTV, the world-leading short drama streaming platform operated by Mega Matrix Inc. (NYSE American: MPU). The series delves into the intricacies of power struggles within the White family, chronicling the protagonist’s journey of rebirth and empowerment to rewrite her destiny.

Audrey White, the legitimate daughter of the White family, was sent abroad at a young age due to family circumstances, gradually estranging her from her kin. When she finally returns home, eager to reunite with her family, she unexpectedly becomes the target of jealousy from Ruby White, the family’s adopted daughter. Harboring deep resentment, Ruby orchestrates a kidnapping plot, culminating in a devastating fire designed to test the loyalty and affection of the White family.

Left to perish in the flames, Audrey is abandoned by her family but heroically rescued by her uncle. Miraculously, she is granted a second chance at life, returning three years prior with the power to alter her fate. Determined to expose Ruby’s schemes, rebuild her family bonds, and claim her rightful respect and happiness, Audrey embarks on a journey of resilience and redemption.

FlexTV, operated by MPU, is a global leader in short drama streaming, delivering content in over 100 countries in multiple languages, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. Known for its premium-quality dramas and unparalleled user experience, FlexTV has captured the hearts of audiences worldwide. The English version of Getting Even: The Secret Prodigy’s Playbook, now streaming on FlexTV, offers a compelling exploration of familial power dynamics, the complexities of human nature, and the protagonist’s growth and self-redemption in adversity. For more exciting content, please visit https://www.flextv.cc/.

#WealthyFamily #Revenge #Rebirth #ShortDrama #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

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SOURCE Mega Matrix Corp.

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