DUBLIN--(BUSINESS WIRE)--The "Global Language Learning Market - Analysis By Language Type (English, German, French, Chinese, Others), Learning Mode (Offline, Online), Learning Method, End Users, By Region, By Country: Market Size, Insights, Competition, Covid-19 Impact and Forecast (2023-2028)" report has been added to ResearchAndMarkets.com's offering.
Global Language Learning market was valued at USD 40.22 Billion in 2021 and is expected to grow at a CAGR of 10.6% during the forecast period of 2023-2028.
The language learning market is expanding as a result of globalisation, which has increased the demand for international communication, the rise of the e-learning industry, and the increasing use of artificial intelligence in e-learning.
Also, the significant market potential for leading participants is anticipated as a result of rising education investment, an increase in internet and smartphone usage, and multinational corporations' growing desire for hiring multilingual workers.
Additionally, the quick development of technology also made it possible for language learning applications to combine various media, including texts, images, animation, audio, and video, to provide multimedia educational materials and spur students' enthusiasm for learning.
Asia Pacific is the fastest-growing region in the Global Language Learning Market. The government's increased emphasis on the education industry, high adoption of digital technology in educational facilities, and the region's high education spending are all factors attributing towards the fastest growth of this segment.
Furthermore, the region's quickly growing economies, numerous initiatives to boost education digitization, rising disposable income, and Internet penetration all contribute to the market of language learning rapid expansion.
The report tracks competitive developments, strategies, mergers and acquisitions and new product development.
The companies analysed in the report include
- Duolingo
- Babbel
- New Oriental Education and Technology Group
- Benesse Holdings
- McGraw Hill Education
- Houghton Mifflin Harcourt
- Busuu
- Tandem
- Memrise
- Mondly
Key Topics Covered:
1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Strategic Recommendations
3. Global Language Learning Market: Historic and Forecast (2018-2028)
3.1 Impact Analysis of Macro Economic Factors on Language Learning Market
3.2 Global Language Learning Market: Dashboard
3.3 Global Language Learning Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
3.4 Impact of COVID-19 on Language Learning Market
3.5 Global Language Learning Market Segmentation : By Language Type
3.5.1 Global Language Learning Market, By Language Type Overview
3.5.2 Global Language Learning Market Size, By English, By Value, 2018H-2028F (USD Billion & CAGR)
3.5.3 Global Language Learning Market Size, By German, By Value, 2018H-2028F (USD Billion & CAGR)
3.5.4 Global Language Learning Market Size, By French, By Value, 2018H-2028F (USD Billion & CAGR)
3.5.5 Global Language Learning Market Size, By Chinese, By Value, 2018H-2028F (USD Billion & CAGR)
3.5.6 Global Language Learning Market Size, By Other Languages, By Value, 2018H-2028F (USD Billion & CAGR)
3.6 Global Language Learning Market Segmentation : By Learning Method
3.6.1 Global Language Learning Market, By Learning Method Overview
3.6.2 Global Language Learning Market Size, By Digital Self-Tutoring, By Value, 2018H-2028F (USD Billion & CAGR)
3.6.3 Global Language Learning Market Size, By Live Learning, By Value, 2018H-2028F (USD Billion & CAGR)
3.6.4 Global Language Learning Market Size, By Language Travel, By Value, 2018H-2028F (USD Billion & CAGR)
3.7 Global Language Learning Market Segmentation : By Learning Mode
3.7.1 Global Language Learning Market, By Learning Mode Overview
3.7.2 Global Language Learning Market Size, By Offline, By Value, 2018H-2028F (USD Billion & CAGR)
3.7.3 Global Language Learning Market Size, By Online, By Value, 2018H-2028F (USD Billion & CAGR)
3.8 Global Language Learning Market Segmentation : By End Users
3.8.1 Global Language Learning Market, By End Users Overview
3.8.2 Global Language Learning Market Size, By Individual Learners, By Value, 2018H-2028F (USD Billion & CAGR)
3.8.3 Global Language Learning Market Size, By Institutions & Organizations, By Value, 2018H-2028F (USD Billion & CAGR)
4. Global Language Learning Market, Region Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. Americas Language Learning Market: Historic and Forecast (2018-2028)
5.1 Americas Language Learning Market: Snapshot
5.2 Americas Language Learning Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
5.3 Americas Language Learning Market: Key Factors
6. Europe Language Learning Market: Historic and Forecast (2018-2028)
6.1 Europe Language Learning Market: Snapshot
6.2 Europe Language Learning Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
6.3 Europe Language Learning Market: Key Factors
7. Asia Pacific Language Learning Market: Historic and Forecast (2018-2028)
7.1 Asia Pacific Language Learning Market: Snapshot
7.2 Asia Pacific Language Learning Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
7.3 Asia Pacific Language Learning Market: Key Factors
8. Middle East & Africa Language Learning Market: Historic and Forecast (2018-2028)
8.1 Middle East & Africa Language Learning Market: Snapshot
8.2 Middle East & Africa Language Learning Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
8.3 Middle East & Africa Language Learning Market: Key Factors
9. Market Dynamics
9.1 Impact assessment of Market Dynamics on Global Language Learning Market
9.2 Drivers
9.3 Restraints
10. Industry Ecosystem Analysis
10.1 Macro-Economic Factor Assessment
10.2 Value Chain Analysis
10.3 Porter's Five Forces Model
11. Competitive Positioning
11.1 Companies' Product Positioning
11.2 Market Position Matrix
11.3 Market Share Analysis of Language Learning Market
11.4 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/cdtntm-language?w=4
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