1h Free Analyst Time
The online language learning market is forecasted to grow by USD 42.10 bn during 2023-2028, accelerating at a CAGR of 19.73% during the forecast period. The report on the online language learning market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the cost benefits and flexibility of online language learning, emphasis on language learning by the corporate sector, and increasing enrollment of foreign students.
The online language learning market is segmented as below:
By End-user
- Courses
- Solutions
- Apps
By Language
- English
- Mandarin
- Spanish
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the online language learning market covers the following areas:
- Online language learning market sizing
- Online language learning market forecast
- Online language learning market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Language
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global online language learning market: Babbel GmbH, Berlitz Corp., Cengage Learning Inc., Chegg Inc., Duolingo Inc., Educational Testing Service, edX LLC, EF Education First Ltd., Enux Education Ltd., Houghton Mifflin Harcourt Co., inlingua International Ltd., iTutorGroup Inc., IXL Learning Inc., McGraw Hill LLC, Sanako Oy, Think and Learn Pvt. Ltd., uFaber Edutech Pvt. Ltd., University of Oxford, Voxy Inc., and New Oriental Education and Technology Group Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is artificial intelligence in language learning.'
According to the report, one of the major drivers for this market is the cost benefits and flexibility of online language learning.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Babbel GmbH
- Berlitz Corp.
- Cengage Learning Inc.
- Chegg Inc.
- Duolingo Inc.
- Educational Testing Service
- edX LLC
- EF Education First Ltd.
- Enux Education Ltd.
- Houghton Mifflin Harcourt Co.
- inlingua International Ltd.
- iTutorGroup Inc.
- IXL Learning Inc.
- McGraw Hill LLC
- Sanako Oy
- Think and Learn Pvt. Ltd.
- uFaber Edutech Pvt. Ltd.
- University of Oxford
- Voxy Inc.
- New Oriental Education and Technology Group Inc.