The digital language learning market size has grown exponentially in recent years. It will grow from $24.53 billion in 2023 to $29.64 billion in 2024 at a compound annual growth rate (CAGR) of 20.8%. The growth observed during the historic period can be attributed to several factors, including the expansion of internet access, globalization and multilingualism trends, demographic shifts and immigration patterns, as well as reforms in education and adaptations in language curriculum.
The digital language learning market size is expected to see exponential growth in the next few years. It will grow to $64.01 billion in 2028 at a compound annual growth rate (CAGR) of 21.2%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing demand for remote learning solutions, globalization and the need for cross-cultural communication, the trend towards personalized and adaptive learning approaches, integration with education systems, and the rise of mobile learning. Major trends expected during the forecast period include a focus on career advancement and job opportunities, increased personalization and customization of learning experiences, the adoption of adaptive learning technologies, the implementation of gamification and immersive learning techniques, and the promotion of blended learning models.
The digital language learning market is poised for growth, driven by the increasing demand for online education. Online education, which involves delivering educational content and instruction over the internet, is gaining popularity due to its flexibility, accessibility, and the quality of remote learning options it offers. This surge in demand is fueled by technological advancements and evolving learning needs. Digital language learning thrives within the realm of online education, providing learners with access to a wide range of interactive resources, personalized learning experiences, and opportunities for real-time practice and feedback. For example, enrollment in online education platforms such as Coursera Inc., a US-based massive open online course provider, saw a notable increase from 143 million in 2020 to 189 million in 2021, as reported by the World Economic Forum. Consequently, the growing demand for online education is a driving force behind the expansion of the digital language learning market.
Key players in the digital language learning market are channeling their efforts into developing cutting-edge solutions, including advanced language learning applications. These applications are designed to enhance user engagement, personalize learning experiences, and improve language proficiency through innovative features, techniques, and technologies. For instance, Unacademy, an educational technology company based in India, recently introduced a new language learning app to its product lineup. Leveraging Unacademy's robust technology infrastructure and extensive network of educators, the app aims to establish itself as a prominent player in the global language learning industry. This strategic move underscores Unacademy's commitment to expanding its product portfolio and solidifying its presence in the international language learning landscape.
In November 2021, Chegg, Inc., a US-based educational support services company, completed the acquisition of Busuu Online S.L., a Spain-based online learning platform specializing in professional language courses. This acquisition aligns with Chegg's objectives of expanding its business, penetrating international markets, and enhancing its offerings with language learning support for both students and professionals.
Major companies operating in the digital language learning market are Pearson plc, McGraw-Hill Education Holdings LLC, Cambridge University Press, Udemy Inc., Coursera Inc., Duolingo Inc., italki HK Limited, Babbel GmbH, Varsity Tutors, Rosetta Stone Inc., Verbling Inc., edX Inc., Lingoda GmbH, Busuu Limited, Mango Languages a division of HarperCollins Publishers LLC, Oxford University Press, Memrise Limited, Pimsleur Language Programs, Tandem Fundazioa, Yabla Inc., FluentU Inc., Living Language, EF Education First Ltd., Transparent Language Inc., Berlitz Corporation.
Asia-Pacific was the largest region in the digital language learning market in 2023. The regions covered in the digital language learning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the digital language learning market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Digital language learning encompasses the process of acquiring, practicing, and mastering a language using digital tools, platforms, and resources, typically accessed through the internet. This includes online language courses, interactive apps, language learning software, virtual classrooms, and multimedia materials designed to enhance language acquisition and proficiency in a digital environment.
The primary technologies utilized in digital language learning include virtual reality (VR), artificial intelligence (AI), big data analytics, natural language processing (NLP), and other related technologies. Virtual Reality refers to computer-generated simulations that immerse users in interactive, three-dimensional virtual environments. Various language types, such as English, German, Spanish, Mandarin, and others, are supported across different operating systems such as Windows, Android, iOS, and others. Digital language learning tools cater to a diverse range of end-users, including individuals, enterprises, educational institutions, government agencies, and others.
The digital language learning market research report is one of a series of new reports that provides digital language learning market statistics, including digital language learning industry global market size, regional shares, competitors with a digital language learning market share, detailed digital language learning market segments, market trends and opportunities, and any further data you may need to thrive in the digital language learning industry. This digital language learning market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The digital language learning market consists of revenues earned by entities by providing services such as online language courses, language assessment and certification, language assessment services, and virtual tutoring services. The market value includes the value of related goods sold by the service provider or included within the service offering. The digital language learning market also includes sales of products including language exchange platforms, language learning software, language learning websites, language learning apps, and language learning platforms. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The digital language learning market size is expected to see exponential growth in the next few years. It will grow to $64.01 billion in 2028 at a compound annual growth rate (CAGR) of 21.2%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing demand for remote learning solutions, globalization and the need for cross-cultural communication, the trend towards personalized and adaptive learning approaches, integration with education systems, and the rise of mobile learning. Major trends expected during the forecast period include a focus on career advancement and job opportunities, increased personalization and customization of learning experiences, the adoption of adaptive learning technologies, the implementation of gamification and immersive learning techniques, and the promotion of blended learning models.
The digital language learning market is poised for growth, driven by the increasing demand for online education. Online education, which involves delivering educational content and instruction over the internet, is gaining popularity due to its flexibility, accessibility, and the quality of remote learning options it offers. This surge in demand is fueled by technological advancements and evolving learning needs. Digital language learning thrives within the realm of online education, providing learners with access to a wide range of interactive resources, personalized learning experiences, and opportunities for real-time practice and feedback. For example, enrollment in online education platforms such as Coursera Inc., a US-based massive open online course provider, saw a notable increase from 143 million in 2020 to 189 million in 2021, as reported by the World Economic Forum. Consequently, the growing demand for online education is a driving force behind the expansion of the digital language learning market.
Key players in the digital language learning market are channeling their efforts into developing cutting-edge solutions, including advanced language learning applications. These applications are designed to enhance user engagement, personalize learning experiences, and improve language proficiency through innovative features, techniques, and technologies. For instance, Unacademy, an educational technology company based in India, recently introduced a new language learning app to its product lineup. Leveraging Unacademy's robust technology infrastructure and extensive network of educators, the app aims to establish itself as a prominent player in the global language learning industry. This strategic move underscores Unacademy's commitment to expanding its product portfolio and solidifying its presence in the international language learning landscape.
In November 2021, Chegg, Inc., a US-based educational support services company, completed the acquisition of Busuu Online S.L., a Spain-based online learning platform specializing in professional language courses. This acquisition aligns with Chegg's objectives of expanding its business, penetrating international markets, and enhancing its offerings with language learning support for both students and professionals.
Major companies operating in the digital language learning market are Pearson plc, McGraw-Hill Education Holdings LLC, Cambridge University Press, Udemy Inc., Coursera Inc., Duolingo Inc., italki HK Limited, Babbel GmbH, Varsity Tutors, Rosetta Stone Inc., Verbling Inc., edX Inc., Lingoda GmbH, Busuu Limited, Mango Languages a division of HarperCollins Publishers LLC, Oxford University Press, Memrise Limited, Pimsleur Language Programs, Tandem Fundazioa, Yabla Inc., FluentU Inc., Living Language, EF Education First Ltd., Transparent Language Inc., Berlitz Corporation.
Asia-Pacific was the largest region in the digital language learning market in 2023. The regions covered in the digital language learning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the digital language learning market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Digital language learning encompasses the process of acquiring, practicing, and mastering a language using digital tools, platforms, and resources, typically accessed through the internet. This includes online language courses, interactive apps, language learning software, virtual classrooms, and multimedia materials designed to enhance language acquisition and proficiency in a digital environment.
The primary technologies utilized in digital language learning include virtual reality (VR), artificial intelligence (AI), big data analytics, natural language processing (NLP), and other related technologies. Virtual Reality refers to computer-generated simulations that immerse users in interactive, three-dimensional virtual environments. Various language types, such as English, German, Spanish, Mandarin, and others, are supported across different operating systems such as Windows, Android, iOS, and others. Digital language learning tools cater to a diverse range of end-users, including individuals, enterprises, educational institutions, government agencies, and others.
The digital language learning market research report is one of a series of new reports that provides digital language learning market statistics, including digital language learning industry global market size, regional shares, competitors with a digital language learning market share, detailed digital language learning market segments, market trends and opportunities, and any further data you may need to thrive in the digital language learning industry. This digital language learning market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The digital language learning market consists of revenues earned by entities by providing services such as online language courses, language assessment and certification, language assessment services, and virtual tutoring services. The market value includes the value of related goods sold by the service provider or included within the service offering. The digital language learning market also includes sales of products including language exchange platforms, language learning software, language learning websites, language learning apps, and language learning platforms. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Digital Language Learning Market Characteristics3. Digital Language Learning Market Trends and Strategies32. Global Digital Language Learning Market Competitive Benchmarking33. Global Digital Language Learning Market Competitive Dashboard34. Key Mergers and Acquisitions in the Digital Language Learning Market
4. Digital Language Learning Market - Macro Economic Scenario
5. Global Digital Language Learning Market Size and Growth
6. Digital Language Learning Market Segmentation
7. Digital Language Learning Market Regional and Country Analysis
8. Asia-Pacific Digital Language Learning Market
9. China Digital Language Learning Market
10. India Digital Language Learning Market
11. Japan Digital Language Learning Market
12. Australia Digital Language Learning Market
13. Indonesia Digital Language Learning Market
14. South Korea Digital Language Learning Market
15. Western Europe Digital Language Learning Market
16. UK Digital Language Learning Market
17. Germany Digital Language Learning Market
18. France Digital Language Learning Market
19. Italy Digital Language Learning Market
20. Spain Digital Language Learning Market
21. Eastern Europe Digital Language Learning Market
22. Russia Digital Language Learning Market
23. North America Digital Language Learning Market
24. USA Digital Language Learning Market
25. Canada Digital Language Learning Market
26. South America Digital Language Learning Market
27. Brazil Digital Language Learning Market
28. Middle East Digital Language Learning Market
29. Africa Digital Language Learning Market
30. Digital Language Learning Market Competitive Landscape and Company Profiles
31. Digital Language Learning Market Other Major and Innovative Companies
35. Digital Language Learning Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Digital Language Learning Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on digital language learning market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for digital language learning ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The digital language learning market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Technology: Virtual Reality(VR); Artificial Intelligence; Big Data Analytics; Natural Language Processing; Other Technologies2) by Language Type: English; German; Spanish; Mandarin; Other Languages
3) by Operating System: Windows; Android; iOS; Other Operating Systems
4) by End-User: Individuals; Enterprises; Educational Institutions; Government Agencies; Other End Users
Key Companies Mentioned: Pearson plc; McGraw-Hill Education Holdings LLC; Cambridge University Press; Udemy Inc.; Coursera Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Pearson plc
- McGraw-Hill Education Holdings LLC
- Cambridge University Press
- Udemy Inc.
- Coursera Inc.
- Duolingo Inc.
- italki HK Limited
- Babbel GmbH
- Varsity Tutors
- Rosetta Stone Inc.
- Verbling Inc.
- edX Inc.
- Lingoda GmbH
- Busuu Limited
- Mango Languages a division of HarperCollins Publishers LLC
- Oxford University Press
- Memrise Limited
- Pimsleur Language Programs
- Tandem Fundazioa
- Yabla Inc.
- FluentU Inc.
- Living Language
- EF Education First Ltd.
- Transparent Language Inc.
- Berlitz Corporation
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | June 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 29.64 Billion |
Forecasted Market Value ( USD | $ 64.01 Billion |
Compound Annual Growth Rate | 21.2% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |