Press release
Online Language Learning Market Worth USD 26.100 Billion by the end of 2025
In 2018, the global Online Language Learning market size was 8140 million US$ and it is expected to reach 26100 million US$ by the end of 2025, with a CAGR of 18.1% during 2019-2025.
Based on our recent survey, we have several different scenarios about the Online Language Learning YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 11540 million in 2019. The market size of Online Language Learning will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
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Online Language Learning uses technology-aided language learning with an integration of sound, voice interaction, text, video, and animation. It empowers self-paced interactive learning environments that enable learners to achieve learning outcomes without being restricted to place or time. Generally, such environments involve numerous opportunities for participation users and multiple methods for motivating their success. Online language learning often entails high levels of self-directed and reciprocal learning or supporting peer learning.
China is the largest countries of online language learning in the world in the past few years and it will keep increasing in the next few years. China market took up about 30% of the global market in 2018, while Europe was about 26%, and North America is followed with the share about 16%.
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Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global Online Language Learning market, covering important regions, viz, North America, Europe, China, Japan, Southeast Asia, India and Central & South America. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2026.
The following players are covered in this report:
o Berlitz Languages
o Vipkid
o Pearson ELT
o Sanako Corporation
o 51talk
o Inlingua International
o Rosetta Stone
o EF Education First
o New Oriental
o Wall Street English
o iTutorGroup
o Babbel
o Busuu
o Eleutian Technology
Online Language Learning Breakdown Data by Type
o English
o Chinese (Mandarin)
o European Language
o Others
Online Language Learning Breakdown Data by Application
o Individual Learner
o Institutional Learners
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