Growth of $29.96 Billion in Online Language Learning Market Size – Industry Analysis, Market Trends, Market Growth, Opportunities

0

NEW YORK, July 15, 2022 /PRNewswire/ — The latest market analysis report titled Online Language Learning Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026 was recently added to the Technavio catalog. Online language learning is a process of learning languages ​​through digital media such as software and mobile applications that have access to the Internet. Technavio analysts have classified the global online language learning market as part of the global education services market. The report predicts that the market will witness an acceleration in growth at a CAGR of 18.77%. 45% of the market growth will come from APAC during the forecast period with China and India emerge as the largest revenue-generating economies. The emergence of Asia as a global manufacturing and service hub will facilitate the growth of the online language learning market in the APAC region during the forecast period. In terms of the most revenue-generating segment, the course segment held the largest online language learning market share during the projected period.

Technavio has announced its latest market research report titled Online Language Learning Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

For market share contribution based on segments and regional opportunities, See the PDF example

Online Language Learning Market Vendor Landscape

  • The market is fragmented and the degree of fragmentation will accelerate over the forecast period and the vendors are deploying organic and inorganic growth strategies to compete in the market.

  • Competitors should focus on differentiating their product offerings with unique value propositions to strengthen their market presence.

  • Market sellers also need to take advantage of existing growth prospects in fast-growing segments, while maintaining their positions in slow-growing segments.

  • Major market players are adopting strategic developments to increase their market share across the globe.

The major players in the online language learning market are:

  • Babbel GmbH:

  • Benesse Holdings Inc.

  • Busuu Ltd.

  • Cengage Learning Inc.

  • Duolingo Inc.

  • Educational Testing Service

  • EF Education First Ltd.

  • Enux Education Ltd.

  • Houghton Mifflin Harcourt Co.

  • inlingua International Ltd.

  • IXL Learning Inc.

  • Linguarama International Ltd.

  • Linguatronics LC

  • McGraw Hill Education Inc.

  • New Oriental Education and Technology Group Inc.

  • Oxford University Hurry

  • Pearson Plc

  • Sanako Oy

  • Think and Learn Pvt. ltd.

  • Voxy inc.

You want to know more about the main suppliers and their strategic initiatives, Sample request

Scope of the online language learning market

Technavio presents a detailed picture of the market through the study, synthesis and summation of data from several sources. The Online Language Learning Market report covers the following areas:

Online Language Learning Market FAQs

  • What is the latest market trend that is taking the market by storm?

  • What are some of the most influential market drivers, restraints and opportunities (DRO)?

  • What are the historical and forecast revenue values ​​and CAGR percentage?

  • What strategic initiatives will influence the competitive scenarios and define the growth potential of the market?

  • Which regions and segments will generate massive revenue and emerge as market leaders in the coming years?

  • Who are the major market share contributors and their latest organizational restructuring plans?

Do you have more questions? ? Have all your questions answered while you Download your sample report copy

Related reports:

U.S. Online Language Learning Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

APAC Digital English Language Learning Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Digital English Learning Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

Europe Business Online Language Learning Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Scope of the online language learning market

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 18.77%

Market Growth 2022-2026

$29.96 billion

Market structure

Fragmented

Annual growth (%)

17.67

Regional analysis

APAC, Europe, North America, South America, Middle East and Africa

Successful market contribution

APAC at 45%

Main consumer countries

United States, China, India, United Kingdom and Spain

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Babbel GmbH, Benesse Holdings Inc., Busuu Ltd., Cengage Learning Inc., Duolingo Inc., Educational Testing Service, EF Education First Ltd., Enux Education Ltd., Houghton Mifflin Harcourt Co., inlingua International Ltd., IXL Learning Inc . ., Linguarama International Ltd., Linguatronics LC, McGraw Hill Education Inc., New Oriental Education and Technology Group Inc., Oxford University Press, Pearson Plc, Sanako Oy, Think and Learn Pvt. Ltd., and Voxy Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents:

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Language

6 Market Segmentation by Product

7 Customer Landscape

8 Geographic landscape

9 drivers, challenges and trends

10 Supplier Landscape

11 Vendor Analysis

12 Appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Quote

Quote

Show original content to download multimedia:https://www.prnewswire.com/news-releases/usd-29-96-billion-growth-in-online-language-learning-market-size—industry-analysis-market-trends-market-growth- opportunities—technavio-301586787.html

SOURCETechnavio

Share.

Comments are closed.