NEW YORK, Jan. 2, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global digital english language learning market  size is estimated to grow by USD 39.46 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  24.5%  during the forecast period. Increased flexibility offered by digital language courses is driving market growth, with a trend towards increasing adoption of AR and VR in english classrooms. However, high investments in digital learning infrastructure  poses a challenge. Key market players include 51Talk Online Education Group, Berlitz Corp., Busuu Ltd., Cambridge University Press, Cengage Learning Holdings II Inc., Chegg Inc., Duolingo Inc., EF Education First Ltd., ELSA Co. Ltd., Houghton Mifflin Harcourt Co., inlingua International Ltd., IXL Learning Inc., John Wiley and Sons Inc., New Oriental Education and Technology Group Inc., Oxford University Press, Pearson Plc, Sanako, VIPKID HK Ltd., Voxy Inc., and WSE Hong Kong Ltd..

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The integration of virtual reality (VR) and augmented reality (AR) in English classrooms is revolutionizing digital language learning. VR offers limitless experiences, enabling students to control their education with relevant apps. AR enhances learning by providing additional visuals and videos, catering to multi-sensory learners. The use of mobile devices in class is becoming more acceptable, boosting market growth for digital English language learning. 

The Digital English Language Learning Market is thriving with innovative solutions. Bagdes, Badges, and Certificates are essential tools for motivating learners. Podcasting and Audio Learning are trending, offering flexibility and convenience. Mobile applications and online learning platforms are popular choices for accessing content. Digital Homework and Practice are crucial for reinforcing concepts. Interactive Learning and Gamification engage students, enhancing the learning experience. Video Learning and Flashcards are effective study aids. E-learning and Exercise books cater to diverse learning styles. Progressive Learning and Adaptive Technology personalize instruction. Vocabulary Building and Language Apps are essential resources. Engaging Learning and Multimedia Content keep learners interested. Tracking Progress and Real-time Feedback ensure effective learning. 

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•         The digital English language learning market faces financial challenges, particularly for institutions in developing countries. High costs for hardware and infrastructure prevent widespread adoption. However, using open-source operating systems like Linux can reduce expenses. Despite these hurdles, the importance of English language labs continues to drive investments, shaping the market’s growth trajectory.

•         The Digital English Language Learning Market faces several challenges. One key challenge is the increasing competition from various courses and platforms offering language instruction. Another challenge is the digital divide, where access to technology and internet is limited in some regions. Classroom-based learning is also a significant challenge, as it may not cater to individual learning styles and paces. Additionally, the cost of high-quality language learning resources can be prohibitive for many learners. Furthermore, keeping up with the latest technology trends and integrating them into language learning is a continuous challenge. Lastly, ensuring effective and personalized learning experiences remains a top priority for language learning providers.

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This digital english language learning market report extensively covers market segmentation by

End-user 1.1 Non academic learners1.2 Academic learnersDeployment 2.1 On premises2.2 Cloud basedGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Non academic learners-  The corporate sector, a significant part of the non-academic learner segment, requires digital English language courses due to extensive corporate communication and international business operations. Diversity in workforces and increased online communication heighten this need. IELTS and TOEFL are widely used as language proficiency benchmarks, driving demand for digital English language learning. Technological advancements enable self-paced learning and cloud-based programs, while mobile applications deliver study materials. Blended learning combines classroom and digital methods, positively impacting market growth during the forecast period.

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In the rapidly evolving digital landscape, the English language learning market is experiencing significant growth. E-learning platforms are revolutionizing language proficiency development through Mobile Learning, Virtual Classrooms, and AI Tutors. Adaptive Learning technologies ensure Personalized Learning experiences, while Interactive Content, Gamification, and Digital Literacy keep learners engaged. Cloud-based Learning enables accessibility from anywhere, and Blended Learning combines the best of traditional and online methods. Courseware, Learning Analytics, and Peer Learning foster collaborative and effective learning. Self-paced and Synchronous Learning cater to diverse learner needs, while Asynchronous Learning allows flexibility. Digital Certification validates achievements, and Microlearning facilitates bite-sized learning. Interactive Whiteboards, Virtual Reality, and Video Lessons add elements to the learning experience. Real-time Feedback and Content Management ensure continuous improvement.

The Digital English Language Learning Market encompasses various solutions and technologies designed to teach and improve English language skills in a digital format. These offerings range from language learning apps and software to online courses and virtual classrooms. The market caters to diverse demographics, including students, professionals, and individuals seeking to expand their linguistic abilities. Digital language learning platforms provide flexibility, accessibility, and affordability, making them a popular choice for language learners worldwide. Features such as interactive activities, gamification, and personalized learning paths enhance the learning experience. The market is expected to grow significantly due to increasing globalization, the need for effective communication in business, and the widespread availability of digital technologies.

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userNon Academic LearnersAcademic LearnersDeploymentOn PremisesCloud BasedGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

Seamless Fiat On/Off Ramp Built on Ethereum Network Adds Unprecedented Transparency and Custody

LAS VEGAS, Jan. 2, 2025 /PRNewswire/ — Frax Finance, a decentralized stablecoin cryptocurrency protocol, today announced the launch of a new stablecoin, frxUSD, that will leverage BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize, to deliver a secure, transparent, and fully auditable backing mechanism.

This partnership marks a milestone in the integration of traditional finance and blockchain technology. The frxUSD stablecoin, a rebranded evolution of Frax’s flagship FRAX stablecoin, offers direct fiat redemption capabilities and enhanced compliance with U.S. financial systems.

As part of the collaboration, BUIDL will become an enshrined custodian asset for minting and redeeming frxUSD. The stablecoin will be uniquely backed by assets held in BlackRock’s BUIDL, which invests in cash, U.S. Treasury bills, and repurchase agreements. This ensures full transparency and on-chain audibility, solidifying frxUSD as the first stablecoin to offer seamless fiat on/off-ramping capabilities via Blackrock’s BUIDL infrastructure.

“Tokenized real-world assets provide an excellent bridge between traditional finance and decentralized finance, bringing institutional-grade investments on-chain with unprecedented transparency and efficiency,” said Carlos Domingo, Co-Founder and CEO of Securitize. “This collaboration exemplifies the next stage in financial evolution, demonstrating how traditional and decentralized systems can work together to redefine asset management strategies. The integration of frxUSD and the BUIDL fund is a clear signal of the transformative potential of tokenization in modern finance.”

“By partnering with Securitize to access and leverage BlackRock’s BUIDL Fund we are setting a new standard for stablecoins,” said Sam Kazemian, Founder of Frax Finance. “frxUSD combines the transparency and programmability of blockchain technology with the trust and stability of BlackRock’s prime treasury offerings. This collaboration is a significant step toward bridging traditional finance with decentralized systems.”

About Securitize
Securitize, the leader in tokenizing real-world assets, is driving the compliant digitization of financial assets through next-generation blockchain technology. Securitize, or through its subsidiaries, is a registered broker-dealer (member Finra / SIPC) and operates a primary marketplace, an alternative trading system, as well as a top 10 transfer agent and has an exempt reporting adviser. Learn more at http://www.securitize.io.

About Frax
Frax aims to be the U.S. digital dollar, establishing itself as the world’s most innovative decentralized stablecoin and DeFi stablecoin infrastructure. The Frax stablecoin, a crypto collateralized stablecoin pegged to the U.S. dollar, is highly scalable, trustless, and ideologically pure on-chain money. Frax — founded by Sam Kazemian and Stephen Moore — is committed to stability, proven technology, expert governance, and regulatory clarity.

Media Contacts:
Securitize: press@securitize.io
Frax: frax@43pr.com

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SOURCE Frax

NEW YORK, Jan. 2, 2025 /PRNewswire/ — The global online sex toys market size is estimated to grow by USD 11.56 billion from 2025 to 2029, according to Technavio. The market is estimated to grow at a CAGR of about 11.1% during the forecast period. The report provides a comprehensive forecast of key segments below-

Segmentation Overview

Gender1.1 Female1.2 MaleProduct2.1 Adult vibrators2.2 Erection rings2.3 Dildos2.4 OthersGeography3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

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Analyst Review

The online sex toys market is experiencing in demand driven by the innovation of sex robots, bots, and dolls catering to the needs of adolescents and young adults. Luxury adult toys, including Bluetooth vibrators and romantic devices, offer automated pleasure and Bluetooth connectivity for remote control features. These toys provide medical benefits for individuals experiencing menopausal symptoms, lack of arousal, premature ejaculation, low libido, and erectile dysfunction. AR technology and smartphone integration add to the experience. Investors, including private equity firms, are taking notice of this growing industry, leading to product expansion and the development of diverse needs and preferences. However, regulations, product safety, cultural attitudes, legal frameworks, and societal norms present challenges for market growth.

Market Overview

The Online Sex Toys market is experiencing rapid growth with the integration of technological advancements such as sex robots, bots, and dolls. These automated toys cater to various demographics, including adolescents and young adults, seeking novel and emotional physical experiences. Luxury adult toys, like Bluetooth vibrators and romantic devices, offer unique features such as remote control, smartphone connectivity, and even AI integration. SexTech products, including TIANI Harmony, provide medical benefits for individuals experiencing menopausal symptoms, lack of arousal, premature ejaculation, low libido, and erectile dysfunction. These therapeutic tools are gaining popularity as societal attitudes towards sexual wellness evolve. Investors, including private equity firms, are taking notice of the market’s potential, leading to product expansion and regional expansion. Ecommerce segments and mass merchandisers, such as WalMart, are also entering the market, making sex toys more accessible to a diverse range of preferences and needs. Despite the progress, societal stigma and legal frameworks continue to pose challenges. Regulations regarding product safety, distribution, and cultural norms are essential considerations for companies in this industry. As technological advancements continue, the integration of AI, VR, and AR in sex toys is expected to revolutionize the market further.

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Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio