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Professional Development Market in the US to Grow by USD 4.82 Billion (2023-2028), Driven by AI-Powered Market Evolution and Key Segment Insights – Technavio

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NEW YORK, Dec. 11, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global professional development market in us size is estimated to grow by USD 4.82 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 6.36% during the forecast period. The report provides a comprehensive forecast of key segments below- 

Segmentation Overview

End-user 1.1 K-121.2 Higher education1.3 Pre K-12Type 2.1 Online2.2 OfflineGeography 3.1 North America

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1.1 Fastest growing segment:

The K-12 segment of the professional development market in the US is experiencing steady growth due to the shift towards more engaging and collaborative teaching methods. Traditional K-12 education previously focused on rote memorization and individual learning, but modern educators prioritize student engagement and the use of multimedia content. To effectively implement these new techniques, teachers require digital skills and up-to-date knowledge of various teaching methods. Despite the availability of advanced technology and new teaching methods in K-12 education, many teachers find it challenging to keep up with complex course content, new teaching modes, and changing education regulations. Consequently, the teacher dropout rate has risen, with the National Education Association reporting a 55% dropout rate in February 2022. To mitigate this issue, districts are reimbursing teachers for professional development costs. Teachers in STEM subjects are particularly focusing on professional development to deepen their subject knowledge and stay informed about emerging trends and technologies. They are also incorporating digitalization in their classrooms and adopting interdisciplinary techniques. For instance, Discovery Education Inc. Introduced new content on its K-12 learning platform, Discovery Education Experience, in February 2024, including games, interactive content, and career tools, to encourage student curiosity and deeper learning. Additionally, teachers are enrolling in English Language Learning (ELL) professional development courses to help immigrant students master English as a second language. The emergence of innovative online tutoring options for K-12 learners is expected to fuel the growth of the professional development market in the US during the forecast period.

Analyst Review

The professional development market in the US is a dynamic landscape of continuous growth and innovation, driven by the need for individuals and organizations to stay competitive in today’s rapidly changing economy. This market encompasses a wide range of products and services designed to enhance learning, education, and skills development. The internet has played a significant role in expanding access to information and training opportunities, making professional development more accessible and flexible than ever before. The impact of professional development is far-reaching, from individual career advancement to organizational growth and competitiveness. The segment is characterized by a strong focus on research and adoption of new technologies and teaching methods to maximize learning outcomes for students and professionals alike.

Market Overview

The Professional Development market in the US is a dynamic and evolving landscape that focuses on the growth and adoption of various courses, products, and innovations in the areas of education, training, and learning. The market is segmented into various regions and topics, including K-12, higher education, and corporate training. The market size is significant, with end-users seeking certification, career advancement, networking opportunities, and access to online resources and coaching. The market is influenced by the impact of mobile learning, competition from key players, and the addition of workshops, seminars, and webinars. The market is also shaped by research and innovations in skills development, leadership, management, and other professional areas. The US Professional Development market is a vital segment of the training industry and education market, with companies like Cast Inc., D2L Corp., Pearson Plc, McGraw Hill LLC, and others playing key roles. The market is expected to continue growing due to the increasing demand for professional skills development and the adoption of online learning platforms.

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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 Venodr 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

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KuCoin and Holdstation Partner to Transform Vietnam’s Blockchain Ecosystem

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VICTORIA, Seychelles, Dec. 12, 2024 /PRNewswire/ — KuCoin, one of the world’s leading digital asset technology platforms, is excited to announce the strategic partnership with Holdstation, a prominent player in Vietnam’s blockchain landscape known for its innovative all-in-one asset management and wallet solution. This collaboration aims to propel blockchain adoption and DeFi innovation, fostering initiatives that enhance education, support startups, and create integrated crypto solutions tailored specifically for Vietnam and beyond.

Through this partnership, KuCoin and Holdstation will jointly develop blockchain-enabled applications, enhance infrastructure, and implement start-up accelerator programs in Vietnam. Additionally, the partnership will roll out comprehensive blockchain education initiatives targeting local communities, universities, and broader business collaborations on a global scale.

“Partnering with KuCoin enables us to combine our local expertise with their global expertise, paving the way for significant advancements in blockchain innovation within Vietnam,” said Trung Banh, Co-founder of Holdstation. “We are thrilled to support the community and contribute to the growth of a vibrant digital economy.”

Alicia Kao, Managing Director of KuCoin, stated, “We are proud to establish this strategic relationship with HoldStation. The potential in the Vietnamese market is immense, and we are committed to supporting the local community for the digital economy and blockchain technology.”

By joining forces, the partnership is poised to drive the adoption of millions of new users through the introduction of accessible and innovative tools. It also aims to fuel economic growth in Vietnam by empowering local blockchain startups to unlock their potential and build awareness through high-impact events designed to educate and provide local communities with exposure to the Web3 ecosystem through immersive learning experiences.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 30 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

About Holdstation

A next-generation DeFi wallet with a mission to bring decentralized finance tools and crypto accessibility to everyday users, particularly in emerging markets like Vietnam.

Holdstation continues to solidify its reputation as a leading force in the DeFi and Web3 space, boasting approximately 350,000 monthly active users. The platform has generated a total volume of $38 billion and over $3.1 million in fees. As one of the top 4 DEXs globally and the leader on ZKsync, Holdstation is driving innovation through multichain expansion, AI-powered initiatives, Account Abstraction and the introduction of features like prediction markets. Upcoming integrations with Berachain and WorldChain by Q4 2024 will boost liquidity and accessibility positions Holdstation for sustained growth and leadership in the evolving Web3 ecosystem.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/kucoin-and-holdstation-partner-to-transform-vietnams-blockchain-ecosystem-302329824.html

SOURCE KuCoin

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Nord Anglia Education publishes first year findings from metacognition research project with Boston College

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Research paper ‘Building Better Thinkers’ explores link between students’ metacognitive development and learning outcomes  

LONDON, Dec. 12, 2024 /PRNewswire/ — Leading international schools provider Nord Anglia Education has published the first report from its Metacognition Research Project in partnership with the Lynch School of Education and Human Development at Boston College.  

Titled ‘Building Better Thinkers‘, Nord Anglia’s research paper details the two-year project’s exploration of how metacognition—the process of understanding how to learn best to be able to adapt and thrive in different situations—can help students improve their learning outcomes, inside and outside of the classroom.    

Through the study’s 27 pilot schools across 17 countries, Nord Anglia’s research is helping students develop their thinking processes using Thinking Routines created by Project Zero, a research centre at the Harvard Graduate School of Education. Thinking Routines are simple strategies that allow students to think critically, understand deeply, and take ownership of their education, helping them to become more independent learners.  

In its first year of research, the project surveyed 2,429 students in Years 3 to 9 from Nord Anglia’s pilot schools. The survey results published in Nord Anglia’s ‘Building Better Thinkers’ report indicate that embedding metacognitive practices into classroom teaching and learning are supporting students’ development:  

84% of students said that metacognition helps them to understand how they think and learn best.  75% of students said their independence became “better” or “much better”.   73% said their “knowledge of how they can learn” improved.  71% of students said using Project Zero Thinking Routines helped to “deepen their thinking”.  71% said their social skills improved.  More than two thirds of students felt their creativity, curiosity, compassion, collaboration, commitment, and critical thinking improved.  

Dr Kate Erricker, Nord Anglia’s Group Head of Education Research and Global Partnerships, said: “Metacognitive practices are transforming how our students approach their learning. By understanding and controlling their own learning processes, they can improve academically and across essential development areas. Our research underscores the importance of teaching students to understand their thinking, helping them to become more independent and effective learners.”   

Dr Damian Bebell, Assistant Research Professor at Boston College, said: “Our global research partnership with Nord Anglia Education is one of the first large-scale studies of metacognition and skills development. It’s very encouraging to see the first year’s results, which will help us to further shape teaching practices and learning outcomes.”  

Dr Flossie Chua, Principal Investigator at Project Zero, said: “Testing and refining metacognitive strategies in Nord Anglia’s classrooms using our Thinking Routines is at the centre of encouraging a culture of learning. We applaud this important research project and its potential to help students develop life-changing skills.”  

Nord Anglia’s research paper ‘Building Better Thinkers’ can be viewed here and information about the study’s questions, methods, and objectives can be found here.   

Media enquiries:    
James Russell 
Group Head of Communications 
+44 07770 365437 
james.russell@nordanglia.com   

Francesca Milani    
Communications Manager 
+44 20 7131 0000 
francesca.milani@nordanglia.com  

About Nord Anglia Education:    

As a leading international schools organisation, we’re shaping a generation of creative and resilient global citizens who graduate from our schools with everything they need for success, whatever they choose to be or do in life.    

Our strong academic foundations combine world-class teaching and curricula with cutting-edge technology and facilities, creating learning experiences like no other. Inside and outside of the classroom, we inspire our students to achieve more than they ever thought possible.       

No two children learn the same way, which is why our schools around the world personalise learning to what works best for every student. Inspired by our high-quality teachers, our students achieve outstanding academic results and go on to study at the world’s top universities.    

Our Nord Anglia global family includes 80+ day and boarding schools in 33 countries, teaching over 90,000 students from ages 3 to 18.    

To learn more or apply for a place for your child at one of our schools, go to nordangliaeducation.com    

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Yamato Transport U.S.A. Launches Cross-border Trucking Service Utilizing “Bonded Transfer between Airports” within U.S.-Mexico Supply Chain, Starting on December 12

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TOKYO, Dec. 12, 2024 /PRNewswire/ — Yamato Transport USA, Inc. (hereinafter “Yamato USA“), a subsidiary of Yamato Holdings Co., Ltd. (headquartered in Tokyo’s Chuo-ku), has launched a cross-border trucking service utilizing “bonded transfer between airports,” which eliminates the need for customs clearance procedures at the U.S.-Mexico border, starting on December 12, 2024. By reducing the turnaround time for customs procedures, this service enables fast and highly punctual cross-border transportation, supporting customers to establish optimal supply chains tailored to diverse needs.

Logo:
https://cdn.kyodonewsprwire.jp/prwfile/release/M106587/202412091341/_prw_PI2lg_L5JS8zPY.jpg 

1. Objectives

Mexico has been gaining prominence as a nearshoring*1 destination for the U.S. market due to factors such as U.S.-China trade friction as well as rising prices and labor costs in the United States. This trend has led to increased investment by automotive companies from around the world, including Japanese companies. In 2023, the total trade volume between the U.S. and Mexico reached approximately $800 billion*2, with Mexico ranking as the top country for U.S. imports. On the other hand, challenges such as complex customs clearance procedures at the border and transportation delays caused by congestion due to increasing trade volumes have become significant issues.

Yamato USA has been providing cross-border trucking services between the U.S. and Mexico. Now, to build a faster and more reliable supply chain, Yamato USA is launching a cross-border trucking service utilizing bonded transfers between major airports in the U.S. and Mexico. Customs clearance will be handled at the destination airport, eliminating the need for border customs procedures. This ensures shorter lead times and highly punctual transportation.

Yamato USA will continue to offer solutions tailored to customers’ needs, supporting the optimization of their global supply chains by reducing overall logistics costs, improving production efficiency, and more.

*1 The act of relocating or outsourcing business operations to countries or regions geographically closer to a company’s headquarters or final consumer markets.
*2 JETRO: The U.S. trade deficit in 2023 amounted to $779.8 billion, marking the second-largest reduction since 2009 (April 26, 2024).
URL: https://www.jetro.go.jp/biz/areareports/2024/1643b446b08ecf10.html 

2. Overview of Bonded Transfer between Airports

Enabling a cross-border trucking service with shorter lead times and higher punctuality by handling customs procedures at the destination airport instead of the congested U.S.-Mexico border. This approach streamlines the process and ensures more reliable delivery.

(Example) Timeline and procedures between Texas in the U.S. and Monterrey in Mexico:
https://cdn.kyodonewsprwire.jp/prwfile/release/M106587/202412091341/_prw_PI3fl_PhBU399J.jpg 

(1) Launch date: 12/12/2024 (Weekday)

(2) Service area: Between major airports in the U.S. (Dallas, Chicago, Atlanta) and major airports in Mexico (Monterrey, Guadalajara, Mexico City)
* Cargo originating from Asia can also be transported via LAX (Los Angeles) Airport.

3.Features of cross-border truck transport service

Flexible transportation is available to match the shipment volume and schedule, helping customers reduce inventory and storage space.

– High-frequency operations, 3 to 5 times per week on each route.
– Able to accommodate charter transportation by container or consolidated transportation by pallet.
– Able to provide one-stop arrangements for transportation from the customer’s designated pickup location to the airport and/or from the airport to the delivery destination.

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SOURCE Yamato Holdings Co., Ltd.

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