DUBLIN--(BUSINESS WIRE)--The "Online Language Learning Market in US 2022-2026" report has been added to ResearchAndMarkets.com's offering.
The publisher has been monitoring the online language learning market in the US and it is poised to grow by $ 5.72 bn during 2022-2026, progressing at a CAGR of 19.75% during the forecast period. This report on the online language learning market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
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 influx of immigrants and the incorporation of SMAC (social, mobile, analytics, and cloud) in language learning.
The online language learning market in US analysis includes product and end-user segments.
The online language learning market in us is segmented as below:
By Product
- Course material
- Support
- Apps
By End-user
- Individual learners
- Institutional learners
This study identifies the rise in multilingualism as one of the prime reasons driving the online language learning market growth in US during the next few years.
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.
This report on online language learning market in US covers the following areas:
- Online language learning market sizing
- Online language learning market forecast
- Online language learning market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online language learning market vendors in US that include Babbel GmbH, Berlitz Corp., Duolingo Inc., Mango Languages, McGraw Hill Education Inc., Pearson Plc, Rosetta Stone Ltd., SANS Inc. Software and Network Solutions, Speexx, and Springer-Verlag GmbH. Also, the online language learning market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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.
Commenting on the report, an analyst from the publisher said: 'The latest trend gaining momentum in the market is rise in multilingualism.'
According to the report, one of the major drivers for this market is the influx of immigrants.
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.
Key Topics Covered:
1. Executive Summary
1.1 Market Overview
2. Market Landscape
2.1 Market ecosystem
2.1.1 Parent Market
2.2 Value Chain Analysis
2.2.1 Input
2.2.2 Operations
- Pitching and profiling
- Resourcing and communicating
- Delivery and support
- Connecting and innovating
2.2.3 Marketing and sales
2.2.4 Support activities
2.2.5 Innovations
3. Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
- Estimating growth rates for emerging and high-growth markets
- Estimating growth rates for mature markets
4. Five Forces Analysis
4.1 Five Forces Summary
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
5. Market Segmentation by Product
5.1 Market segments
5.2 Comparison by Product
5.3 Course material - Market size and forecast 2021-2026
5.4 Support - Market size and forecast 2021-2026
5.5 Apps - Market size and forecast 2021-2026
5.6 Market opportunity by Product
6 Market Segmentation by End-user
6.1 Market segments
6.2 Comparison by End-user
6.3 Individual learners - Market size and forecast 2021-2026
6.4 Institutional learners - Market size and forecast 2021-2026
6.5 Market opportunity by Distribution channel
7. Customer landscape
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Influx of immigrants
8.1.2 SMAC (social, mobile, analytics, and cloud) in language learning
8.1.3 Rise in multilingualism
8.2 Market challenges
8.2.1 Competition from providers of MOOC
8.2.2 High cost of implementation
8.2.3 Vendor focus on product differentiation
8.3 Market trends
8.3.1 Increased use of VR
8.3.2 Emphasis on bilingual and multilingual education
8.3.3 Inclusion of analytical tools
9. Vendor Landscape
9.1 Competitive Scenario
9.2 Overview
9.3 Landscape disruption
10. Vendor Analysis
10.1 Vendors covered
10.2 Market positioning of vendors
10.3 Babbel GmbH
10.4 Berlitz Corp.
10.5 Duolingo Inc.
10.6 Mango Languages
10.7 McGraw Hill Education Inc
10.8 Pearson Plc
10.9 Rosetta Stone Ltd.
10.10 SANS Inc. Software and Network Solutions
10.11 Speexx
10.12 Springer-Verlag GmbH
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
11.3 Research Methodology
11.4 List of abbreviations
For more information about this report visit https://www.researchandmarkets.com/r/qs7tqb