Online Language Learning Market, by Learning Mode (Self-learning Apps and Applications, Tutoring), Age Group (Less than 18 Years, 18-20 years, 21-30 years), Language (English, French, Spanish), End User, and Geography-Global Forecast to 2029

Online Language Learning Market, by Learning Mode (Self-learning Apps and Applications, Tutoring), Age Group (<18 Years, 18-20 years, 21-30 years), Language (English, French, Spanish), End User, and Geography —Global Forecast to 2029

Online Language Learning Market By Learning Mode (Self-learning Apps and Applications, Tutoring), Age Group (<18 Years, 18-20 years, 21-30 years), Language (English, French, Spanish), End User, and Geography - Global Forecast to 2029

The research report titled, ‘Online Language Learning Market By Learning Mode (Self-learning Apps and Applications, Tutoring), Age Group (<18 Years, 18-20 years, 21-30 years), Language (English, French, Spanish), End User, and Geography - Global Forecast to 2029”, provides an in-depth analysis of the global online language learning market across five major geographies and emphasizes on the current market size, market shares, recent developments, and forecast till 2029. This market is expected to register a CAGR of 20.3% during the forecast period 2022–2029 to reach $31.81 billion.

The growth of this market is driven by globalization and the growing need for cross-border communication, the growing e-learning market, and the penetration of artificial intelligence in e-learning. However, data security and privacy concerns are expected to restrain this market's growth. The increasing spending on the education sector, the rising internet and smartphone user base, and the increasing preference for a multilingual workforce by multinational companies are expected to provide significant growth opportunities for stakeholders in this market.

However, the high implementation cost is expected to pose a major challenge to the growth of this market. The flexible pricing structure and introduction of wearable technologies are some of the major trends in this market.

The global online language learning market is segmented by learning mode, age group, language, end user, and geography. The study also evaluates industry competitors and analyzes the market at regional and country levels.

Based on learning mode, the global online language learning market is segmented into self-learning apps and applications and tutoring. The self-learning apps and applications segment is slated to register the highest CAGR during the forecast period. The fast growth of this market is attributed to the wide usage of apps and applications on mobile phones, tablets, and computer users. Additionally, the rapid development of technologies enabled language learning apps to integrate different media, such as texts, pictures, animation, audio, and video, to create multimedia instructional materials and increase students’ interest in studying

Based on age group, the global online language learning market is segmented into <18 years, 18–20 years, 21–30 years, 31–40 years, and >40 years. The 18–20 years segment is slated to register the highest CAGR during the forecast period. This segment's fast growth is attributed to enhanced student performance across the curriculum and improved cognitive function through online language learning, including greater academic achievement and cognitive development for 18–20 years age children.

Based on language, the global online language learning market is segmented into English, French, Spanish, Mandarin, German, Italian, Arabic, Japanese, Korean, and other languages. The Mandarin segment is slated to register the highest CAGR during the forecast period. The fast growth of this segment is attributed to the increasing number of foreign companies settling in China and the rapidly changing global trade and economic scenario. Languages such as Mandarin are becoming strategically important internationally.

Based on end user, the global online language learning market is segmented into individual learners, educational institutes, government bodies, and corporate learners. The educational institutes are further segmented into K-12 and higher education. The individual learners segment is slated to register the highest CAGR during the forecast period. The fast growth of this market is mainly attributed due to the growing usage of mobile phones and rising Internet penetration in urban as well as rural areas, leading to increased access to language learning apps.

Based on geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is slated to register the highest CAGR during the forecast period. The fast growth of this region is attributed to the growing government focus on the education sector, the high adoption of digital technologies in educational facilities, and high education expenditure in the region. In addition, rapidly developing economies, various schemes launched for supporting digitization in education, and increasing disposable income leading to the penetration of the Internet contributes to the high growth of the online language learning market in the region.

The key players operating in the global online language learning market are Rosetta Stone LTD. (U.S.), Berlitz Corporation (U.S.), Memrise Inc. (U.K.), inlingua International Ltd. (Switzerland), Sanako Corporation (Finland), Duolingo Inc. (U.S.), Babbel GmbH (Germany), Busuu Online S.L. (Spain), Transparent Language, Inc. (U.S.), Open Education LLC (U.S.), Cambridge University Press (U.K.), New Oriental Education & Technology Group Inc. (China), Houghton Mifflin Harcourt Company (U.S.), McGraw-Hill Education, Inc. (U.S.), Linguistica 360, Inc. (U.S.), Mondly Languages (Romania), ELSA Corp. (U.S.), FluentU (China), and Mango Languages (U.S.).

Key Questions Answered in the Report:

Which are the high-growth market segments in terms of learning mode, age group, language, and end user?
What was the historical market for the global online language learning market?
What are the market forecasts and estimates for the period 2022–2029?
What are the major drivers, restraints, opportunities, and challenges in the global online language learning market?
Who are the major players, and what percentage shares do they hold in the global online language learning market?
How is the competitive landscape in the global online language learning market?
What are the recent developments in the global online language learning market?
What are the different strategies adopted by the major players in the global online language learning market?
What are the key geographic trends, and which are the high-growth countries?

Scope of the Report

Online Language Learning Market, by Learning Mode

Self-learning Apps and Applications
Tutoring
One-on-one Learning
Group Learning

Online Language Learning Market, by Age Group

<18 Years
18–20 Years
21–30 Years
31–40 Years
>40 Years

Online Language Learning Market, by Language

English
French
Spanish
Mandarin
Japanese
German
Italian
Arabic
Korean
Other Languages

Online Language Learning Market, by End User

Individual Learners
Educational Institutes
K–12
Higher Education
Government Bodies
Corporate Learners

Online Language Learning Market, by Geography

North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Indonesia
Australia & New Zealand
Taiwan
Hong Kong
Singapore
Malaysia
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
Italy
U.K.
Spain
Russia
Poland
Netherlands
Sweden
Belgium
Austria
Switzerland
Finland
Norway
Turkey
Ireland
Luxembourg
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Saudi Arabia
UAE
Rest of the Middle East & Africa

Online Language Learning Market Report Summary

Report Metrics	Details
Years Considered	2020 - 2029
Base Year	2021
Forecast Period	2022-2029
Page Count	311
Units Referenced	Value (USD Million)
Segments/Key Topics	Market by Learning Mode, Market by Age Group, Market by Language, Market by End User, Market by Geography
Regions Covered	North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
Key Companies Mentioned	Rosetta Stone LTD. (U.S.), Berlitz Corporation (U.S.), Memrise Inc. (U.K.), inlingua International Ltd. (Switzerland), Sanako Corporation (Finland), Duolingo Inc. (U.S.), Babbel GmbH (Germany), Busuu Online S.L. (Spain), Transparent Language, Inc. (U.S.), Open Education LLC (U.S.), Cambridge University Press (U.K.), New Oriental Education & Technology Group Inc. (China), Houghton Mifflin Harcourt Company (U.S.), McGraw-Hill Education, Inc. (U.S.), Linguistica 360, Inc. (U.S.), Mondly Languages (Romania), ELSA Corp. (U.S.), FluentU (China), and Mango Languages (U.S.).

FAQs About the Report

What is the value of revenue generated from the global online language learning market? At what rate is their demand expected to grow for the next 5–7 years?

The online language learning market is slated to register a CAGR of 20.3% to reach $31.81 billion during the forecast period 2022–2029.

Which type of segment showcases high growth opportunities for the market for online language learning players?

In 2022, the self-learning apps and applications segment is expected to account for the largest share of the online language learning market.

What are the key factors driving the growth of the global online language learning market? What are the major opportunities for existing market players and new entrants in the market?

The growth of this market is attributed to globalization and the growing need for cross-border communication, the growing E-learning market, and the penetration of artificial intelligence in E-learning. The increasing spending on the education sector, the rising Internet and smartphone user base, and the increasing preference for a multilingual workforce by multinational companies are expected to create significant growth opportunities for the players operating in this market.

Who are the prominent players in the online language learning market?

The key players operating in the online language learning market are Rosetta Stone LTD. (U.S.), Berlitz Corporation (U.S.), Memrise Limited (U.K.), inlingua International Ltd. (Switzerland), Sanako Oy (Finland), Duolingo, Inc. (U.S.), Babbel GmbH (Germany), Busuu Ltd (U.K.), Transparent Language, Inc. (U.S.), Open Education LLC (U.S.), Cambridge University Press & Assessment (U.K.), New Oriental Education & Technology Group Inc. (China), Houghton Mifflin Harcourt (U.S.), McGraw Hill (U.S.), Linguistica 360 (U.S.), Mondly Languages (Romania), ELSA Corp. (U.S.), FluentU (China), and Mango Languages (U.S.).

Which regions/countries are expected to witness significant demand for online language learning market in the coming years?

Asia-Pacific dominates the global online language learning market, and additionally, Asia-Pacific is expected to grow at the highest growth rate over the coming years.

Sample - Online Language Learning Market - Global Opportunity Analysis And Industry Forecast (2022-2029).pdf