Online Language Learning Market to reach USD 21.57 billion by 2024, Cengage Learning Inc. and Duolingo Inc. Emerge as Key Contributors to growth | Technavio Business Wire LONDON -- October 13, 2020 Technavio has been monitoring the online language learning market and it is poised to grow by USD 21.57 billion during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005879/en/ Technavio has announced its latest market research report titled Global Online Language Learning Market 2020-2024 (Graphic: Business Wire) Technavio has announced its latest market research report titled Global Online Language Learning Market 2020-2024 (Graphic: Business Wire) Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand,
Even before COVID-19 hit, the world was experiencing a global learning crisis: 90% of children in low-income countries could not read and understand a simple sentence by their 10th birthday. In Nigeria, three-quarters of primary teachers could not pass a fourth grade test.
The onset of COVID-19 is exacerbating this: at its peak, the pandemic pushed 1.6 billion children out of school. 8 out of 10 children surveyed in 46 countries reported that they have learnt very little or not at all since COVID-19 began. This lost potential is catastrophic, not just for individuals, but for future economies and generations. The cost of lost potential from lack of learning is equivalent to US$129 billion per year or 10% of global spending on education.
To avoid turning the global learning crisis into a catastrophe, investment in education is necessary. But COVID-19 is threatening a deprioritization of education in budgets, and the
DUBLIN, Oct. 13, 2020 /PRNewswire/ — The “Smart Education and Learning Market Size, Share & Trends Analysis Report by Age, by Component (Hardware, Software, Service), by Learning Mode, by End User, by Region, and Segment Forecasts, 2020 – 2027” report has been added to ResearchAndMarkets.com’s offering.
The global smart education and learning market size is expected to reach USD 680.1 billion by 2027
The market is anticipated to witness a CAGR of 17.9% from 2020 to 2027. Demand for smart education and learning solutions is increasing among the growing population in corporate and academic sectors, owing to benefits such as improved education quality and easy access to educational content. Increasing adoption of consumer electronics, such as smartphones, e-readers, laptops, and e-learning applications, has altered conventional education methodology and has enhanced the efficiency of an individual to learn. Additionally, there are enormous opportunities for advancements in the market, owing to
An ambitious $5 billion funding drive to rebuild education networks across 87 hard hit countries is to launch next year as promoters hope to reverse the damage wrought by the coronavirus pandemic.
The Global Partnership for Education (GPE) is seeking massive funds to assist countries to transform education for hundreds of millions of pupils in the face of an anticipated budgetary squeeze as a result of the predicted global recession.
Alice Albright, the chief executive of the GPE, told The National that a three-point plan could reverse not only the damage of the pandemic but also the growing problem of hundreds of millions of children losing out on schooling. “One is to help countries invest in distance learning, two is to help train more teachers and three is to help countries reopen schools safely,” she said. “We are campaigning to get children back into school because one of the things
As the coronavirus pandemic continues, it’s financial impact on American colleges and universities is now estimated to substantially exceed $120 billion. That’s according to a recent letter from the American Council of Education (ACE) and dozens of other organizations representing the nation’s two- and four year colleges.
The letter was sent to House of Representative leaders as the House considers another financial relief package that would provide additional stimulus checks and unemployment benefits to individual Americans, along with more money for small businesses, the states, Covid-19 interventions, and education as the economy continues to struggle to recover from the effects of the pandemic. House Democrats have just this week proposed a revised Heroes Act containing a $2.2 trillion coronavirus relief package that includes many provisions from its original
$1 Billion to Education Milestone Coincides with Lottery’s 15th Anniversary
LAS VEGAS and ATLANTA, Sept. 28, 2020 /PRNewswire/ — Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) congratulates the Oklahoma Lottery (or the “Lottery”) on surpassing the $1 billion in contributions to the Oklahoma Education Lottery Trust Fund maximizing revenue for public education in the state. The $1 billion milestone coincides with the Oklahoma Lottery’s 15th Anniversary, giving the state cause to celebrate. The Oklahoma Lottery is one of the youngest in the U.S. and has partnered with Scientific Games on all of its games and technology since the Lottery’s inception in 2005.
“When voters approved the Oklahoma Lottery in 2004, they did so with the promise of increased funding for education. Today we celebrate an accomplishment that has helped countless Oklahoma
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CHICAGO, Sept. 25, 2020 (PR Newswire Europe via COMTEX) —
CHICAGO, Sept. 25, 2020 /PRNewswire/ — According to market research report on “Higher Education Marketby Component (Solutions and Services), Solution (Student Information Management System, Content Collaboration, Data Security and Compliance, Campus Management), Deployment Type, Vertical, and Region – Global Forecast to 2025”, published by MarketsandMarkets(TM), the Higher Education Market size is expected to grow from USD 13.7 billion in 2020 to USD 35.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period. A growing number of higher education enrollments, increasing use of advanced technologies and collaborations between enterprises and institutions are the major drivers for the growth of the market.
Browseand in-depth TOC on”Higher Education Market”204 – Tables54- Figures196- Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=192416446
Solutions segment to hold a
CHICAGO, Sept. 25, 2020 /PRNewswire/ — According to market research report on “Higher Education Market by Component (Solutions and Services), Solution (Student Information Management System, Content Collaboration, Data Security and Compliance, Campus Management), Deployment Type, Vertical, and Region – Global Forecast to 2025″, published by MarketsandMarkets, the Higher Education Market size is expected to grow from USD 13.7 billion in 2020 to USD 35.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period. A growing number of higher education enrollments, increasing use of advanced technologies and collaborations between enterprises and institutions are the major drivers for the growth of the market.
Browse and in-depth TOC on “Higher Education Market”
204 – Tables
54 – Figures
Download PDF Brochure @https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=192416446
Solutions segment to hold a larger market size during the forecast period
Higher education solutions are
At last month’s board meeting, Tulsa Public Schools forecast a potential funding crisis next year if school districts don’t receive more support. Tulsa Chief Innovation Officer Andrea Castaneda said it’s unsustainable to cover costs for both brick-and-mortar schools and a virtual academy.
Oklahoma City Public Schools gave a similar outlook. Superintendent Sean McDaniel said the district’s $17 million allocation from the Coronavirus Aid, Relief and Economic Security Act (CARES Act) didn’t cover all COVID-related expenses.
“We’re going to be in dire straits if we don’t continue to get funding,” McDaniel said at an August press conference. “In no way does the CARES (Act) money or any other stimulus money that’s come to us balance us.”
The $2.2 trillion stimulus bill allocated $160 million to Oklahoma schools and nearly $40 million to Gov. Kevin Stitt to support education.
It remains unclear whether the U.S. Congress will pass a second iteration of
A Wall Street Journal/NBC News poll released Sunday showed Democratic presidential nominee Joe Biden leading President Trump by 8 percentage points, 51 percent to 43 percent, among registered voters — the same margin the poll showed in February, before COVID-19, the economic swoon, the anti-racism protests following George Floyd’s death, and all the other craziness of 2020.
“Simply put: In 2020, the fundamentals of our country have been shaken to our core, while the fundamentals of the election have not,” said Democratic pollster Jeff Horwitt, who conducted the survey with Republican Bill McInturff. NBC’s Chuck Todd made a smiler point on Sunday’s Meet the Press.
But one thing has changed: money. Biden and the Democratic National Committee entered September with $466 million in the bank, a cash advantage of $141 million over Trump and the Republican National Committee’s $325 million, The New York Times reported Sunday night,