On the basis of end user, the online language learning market for individual learners commanded the largest share of the global market. The study also evaluates industry competitors and analyzes the market at a regional and country level.Ĭourses segment is estimated to command the largest share of global online language learning market in 2019 and it is expected to continue its dominance during the forecast period, mainly due to need for higher level skills in the workforce, an increasingly diverse student population, globalization, and the demand for lifelong learning. The global online language learning market study presents historical market data in terms of values (20), estimated current data (2019), and forecasts for 2025-by product (courses, solutions, and support), by type (English, French, Spanish, Mandarian Chinese, German, Italian, Arabic, Japanese, Korean, and Other language), end user (individual learners, corporate learners, educational institutions, and government institutions), and geography. However, high cost of implementation and regulations pertaining to data security and privacy are the key factors expected to hinder the adoption of online language learning products. In addition, rising internet user base and mobile phone users and emerging economies offer growth opportunities for the players operating in this market. Moreover, technological advancements, flexible pricing structure, and growing competition are the major trends in this market. The growth in online language learning market is mainly attributed to globalization and growing need for communication across borders, growing E-learning market, and rise in number of online language learning start-ups. Succeeding an extensive secondary and primary research and in-depth analysis of the market scenario, the report carries out the key industry drivers, restraints, challenges, and opportunities.
The global online language learning market is expected to grow at a CAGR of 13.1% from 2019 to reach $10.5 billion by 2025. Online Language Learning Market by Product (Course, Solution, Support), Type (English, French, Spanish, Mandarin, Arabic, Japanese, Italian, German), End (Individual, Corporate, Educational Institution, Government Institution)- Global Forecast to 2025 Online Language Learning Market by Product (Course, Solution, Support), Type (English, French, Spanish, Mandarin, Arabic, Japanese, Italian, German), End (Individual, Corporate, Educational Institution, Government Institution) - Global Forecast to 2025
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