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Online Language Learning Market

Online Language Learning - Global Market Outlook (2019 -2027)

5.0 (100 reviews)
Published: August 2020 ID: SMRC19846
5.0 (100 reviews)
Published: August 2020 ID: SMRC19846

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Online Language Learning Market is accounted for $8.17 billion in 2019 and is expected to reach $20.37 billion by 2027 growing at a CAGR of 12.1% during the forecast period. Globalization and the increasing need for communication across the borders are propelling the market growth. However, technological risks and duplicitous sources may hamper the growth of the market.

Online language learning is a term referred to as the process of learning a new language. The virtual world is playing an important role in most of the sectors, especially in language learning. Globalization and expansion into new geographies are increasing cultural diversity and communication patterns which demand language learning programs and courses.

Based on the mode, the consumer segment is likely to have a huge demand due to growing adoption of the online language learning apps, availability of short and long term pricing plans, and drop in internet data costs are some of the major factors supporting the growth of this segment.

By geography, the Asia Pacific is estimated to have a lucrative growth due to the factors such as substantial young population looking for better job opportunities, escalating penetration of smartphones, growing digitization of content, government initiatives for national online education networks, and shortage of teachers in rapidly developing countries.

Some of the key players profiled in the Online Language Learning Market include Voxy Inc., Duolingo Inc., EF Education First Ltd., Cengage Learning Inc., McGraw-Hill Education Inc., Sanako Corp., Pearson Plc, Rosetta Stone Inc., Houghton Mifflin Harcourt Co., New Oriental Education and Technology Group Inc., Eleutian Technology, Inlingua International, Wall Street English, iTutorGroup, and Babbel.

Modes Covered:
• Consumer
• Higher Education Department (HED)
• K12
• Non-profit
 
Components Covered:
• Course
• Solution
• Services

Language Types Covered:
• Arabic 
• English 
• French 
• German 
• Italian 
• Japanese 
• Korean 
• Mandarin Chinese 
• Spanish 
• Hindi 
• European Language 

Types Covered:
• Self-paced
• Instructor-led

Pricing Models Covered:
• Freemium
• Subscription

Platforms Covered:
• App-based
• Web-based

Deployment Modes Covered:
• Hybrid
• Private
• Public

Applications Covered:
• Banking
• Consumer Goods
• Energy
• Entertainment
• Financial Services
• Healthcare
• Insurance
• IT and Telecom
• Manufacturing
• Media
• Retail

End Users Covered:
• Corporate 
• Educational Institutes 
• Individuals 
• Government Institution 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary             
              
2 Preface
            
 2.1 Abstract            
 2.2 Stake Holders            
 2.3 Research Scope            
 2.4 Research Methodology            
  2.4.1 Data Mining           
  2.4.2 Data Analysis           
  2.4.3 Data Validation           
  2.4.4 Research Approach           
 2.5 Research Sources            
  2.5.1 Primary Research Sources           
  2.5.2 Secondary Research Sources           
  2.5.3 Assumptions           
              
3 Market Trend Analysis             
 3.1 Introduction            
 3.2 Drivers            
 3.3 Restraints            
 3.4 Opportunities            
 3.5 Threats            
 3.6 Application Analysis            
 3.7 End User Analysis            
 3.8 Emerging Markets            
 3.9 Impact of Covid-19            
              
4 Porters Five Force Analysis             
 4.1 Bargaining power of suppliers            
 4.2 Bargaining power of buyers            
 4.3 Threat of substitutes            
 4.4 Threat of new entrants            
 4.5 Competitive rivalry            
              
5 Global Online Language Learning Market, By Mode             
 5.1 Introduction            
 5.2 Consumer            
 5.3 Higher Education Department (HED)            
 5.4 K12            
 5.5 Non-profit            
              
6 Global Online Language Learning Market, By Component             
 6.1 Introduction            
 6.2 Course            
 6.3 Solution            
  6.3.1 Tutoring           
  6.3.2 Software as a service (SaaS)           
 6.4 Services            
  6.4.1 Support           
  6.4.2 Training           
              
7 Global Online Language Learning Market, By Language Type             
 7.1 Introduction            
 7.2 Arabic            
 7.3 English            
 7.4 French            
 7.5 German            
 7.6 Italian            
 7.7 Japanese            
 7.8 Korean            
 7.9 Mandarin Chinese            
 7.10 Spanish            
 7.11 Hindi            
 7.12 European Language            
              
8 Global Online Language Learning Market, By Type             
 8.1 Introduction            
 8.2 Self-paced            
 8.3 Instructor-led            
              
9 Global Online Language Learning Market, By Pricing Model             
 9.1 Introduction            
 9.2 Freemium            
 9.3 Subscription            
  9.3.1 Annual           
  9.3.2 Monthly           
              
10 Global Online Language Learning Market, By Platform             
 10.1 Introduction            
 10.2 App-based            
 10.3 Web-based            
              
11 Global Online Language Learning Market, By Deployment Mode             
 11.1 Introduction            
 11.2 Hybrid            
 11.3 Private            
 11.4 Public            
              
12 Global Online Language Learning Market, By Application             
 12.1 Introduction            
 12.2 Banking            
 12.3 Consumer Goods            
 12.4 Energy            
 12.5 Entertainment            
 12.6 Financial Services            
 12.7 Healthcare            
 12.8 Insurance            
 12.9 IT and Telecom            
 12.10 Manufacturing            
 12.11 Media            
 12.12 Retail            
              
13 Global Online Language Learning Market, By End User             
 13.1 Introduction            
 13.2 Corporate            
 13.3 Educational Institutes            
 13.4 Individuals            
 13.5 Government Institution            
              
14 Global Online Language Learning Market, By Geography             
 14.1 Introduction            
 14.2 North America            
  14.2.1 US           
  14.2.2 Canada           
  14.2.3 Mexico           
 14.3 Europe            
  14.3.1 Germany           
  14.3.2 UK           
  14.3.3 Italy           
  14.3.4 France           
  14.3.5 Spain           
  14.3.6 Rest of Europe           
 14.4 Asia Pacific            
  14.4.1 Japan           
  14.4.2 China           
  14.4.3 India           
  14.4.4 Australia           
  14.4.5 New Zealand           
  14.4.6 South Korea           
  14.4.7 Rest of Asia Pacific           
 14.5 South America            
  14.5.1 Argentina           
  14.5.2 Brazil           
  14.5.3 Chile           
  14.5.4 Rest of South America           
 14.6 Middle East & Africa            
  14.6.1 Saudi Arabia           
  14.6.2 UAE           
  14.6.3 Qatar           
  14.6.4 South Africa           
  14.6.5 Rest of Middle East & Africa           
              
15 Key Developments             
 15.1 Agreements, Partnerships, Collaborations and Joint Ventures            
 15.2 Acquisitions & Mergers            
 15.3 New Product Launch            
 15.4 Expansions            
 15.5 Other Key Strategies            
              
16 Company Profiling             
 16.1 Voxy Inc.            
 16.2 Duolingo Inc.            
 16.3 EF Education First Ltd.            
 16.4 Cengage Learning Inc.            
 16.5 McGraw-Hill Education Inc.            
 16.6 Sanako Corp.            
 16.7 Pearson Plc            
 16.8 Rosetta Stone Inc.            
 16.9 Houghton Mifflin Harcourt Co.            
 16.10 New Oriental Education and Technology Group Inc.            
 16.11 Eleutian Technology            
 16.12 Inlingua International            
 16.13 Wall Street English            
 16.14 iTutorGroup            
 16.15 Babbel    


List of Tables              
1 Global Online Language Learning Market Outlook, By Region (2018-2027) ($MN)             
2 Global Online Language Learning Market Outlook, By Mode (2018-2027) ($MN)             
3 Global Online Language Learning Market Outlook, By Consumer (2018-2027) ($MN)             
4 Global Online Language Learning Market Outlook, By Higher Education Department (HED) (2018-2027) ($MN)
5 Global Online Language Learning Market Outlook, By K12 (2018-2027) ($MN)             
6 Global Online Language Learning Market Outlook, By Non-profit (2018-2027) ($MN)             
7 Global Online Language Learning Market Outlook, By Component (2018-2027) ($MN)             
8 Global Online Language Learning Market Outlook, By Course (2018-2027) ($MN)             
9 Global Online Language Learning Market Outlook, By Solution (2018-2027) ($MN)             
10 Global Online Language Learning Market Outlook, By Tutoring (2018-2027) ($MN)             
11 Global Online Language Learning Market Outlook, By Software as a service (SaaS) (2018-2027) ($MN)             
12 Global Online Language Learning Market Outlook, By Services (2018-2027) ($MN)             
13 Global Online Language Learning Market Outlook, By Support (2018-2027) ($MN)             
14 Global Online Language Learning Market Outlook, By Training (2018-2027) ($MN)             
15 Global Online Language Learning Market Outlook, By Language Type (2018-2027) ($MN)             
16 Global Online Language Learning Market Outlook, By Arabic (2018-2027) ($MN)             
17 Global Online Language Learning Market Outlook, By English (2018-2027) ($MN)             
18 Global Online Language Learning Market Outlook, By French (2018-2027) ($MN)             
19 Global Online Language Learning Market Outlook, By German (2018-2027) ($MN)             
20 Global Online Language Learning Market Outlook, By Italian (2018-2027) ($MN)             
21 Global Online Language Learning Market Outlook, By Japanese (2018-2027) ($MN)             
22 Global Online Language Learning Market Outlook, By Korean (2018-2027) ($MN)             
23 Global Online Language Learning Market Outlook, By Mandarin Chinese (2018-2027) ($MN)             
24 Global Online Language Learning Market Outlook, By Spanish (2018-2027) ($MN)             
25 Global Online Language Learning Market Outlook, By Hindi (2018-2027) ($MN)             
26 Global Online Language Learning Market Outlook, By European Language (2018-2027) ($MN)             
27 Global Online Language Learning Market Outlook, By Type (2018-2027) ($MN)             
28 Global Online Language Learning Market Outlook, By Self-paced (2018-2027) ($MN)             
29 Global Online Language Learning Market Outlook, By Instructor-led (2018-2027) ($MN)             
30 Global Online Language Learning Market Outlook, By Pricing Model (2018-2027) ($MN)             
31 Global Online Language Learning Market Outlook, By Freemium (2018-2027) ($MN)             
32 Global Online Language Learning Market Outlook, By Subscription (2018-2027) ($MN)             
33 Global Online Language Learning Market Outlook, By Annual (2018-2027) ($MN)             
34 Global Online Language Learning Market Outlook, By Monthly (2018-2027) ($MN)             
35 Global Online Language Learning Market Outlook, By Platform (2018-2027) ($MN)             
36 Global Online Language Learning Market Outlook, By App-based (2018-2027) ($MN)             
37 Global Online Language Learning Market Outlook, By Web-based (2018-2027) ($MN)             
38 Global Online Language Learning Market Outlook, By Deployment Mode (2018-2027) ($MN)             
39 Global Online Language Learning Market Outlook, By Hybrid (2018-2027) ($MN)             
40 Global Online Language Learning Market Outlook, By Private (2018-2027) ($MN)             
41 Global Online Language Learning Market Outlook, By Public (2018-2027) ($MN)             
42 Global Online Language Learning Market Outlook, By Application (2018-2027) ($MN)             
43 Global Online Language Learning Market Outlook, By Banking (2018-2027) ($MN)             
44 Global Online Language Learning Market Outlook, By Consumer Goods (2018-2027) ($MN)             
45 Global Online Language Learning Market Outlook, By Energy (2018-2027) ($MN)             
46 Global Online Language Learning Market Outlook, By Entertainment (2018-2027) ($MN)             
47 Global Online Language Learning Market Outlook, By Financial Services (2018-2027) ($MN)             
48 Global Online Language Learning Market Outlook, By Healthcare (2018-2027) ($MN)             
49 Global Online Language Learning Market Outlook, By Insurance (2018-2027) ($MN)             
50 Global Online Language Learning Market Outlook, By IT and Telecom (2018-2027) ($MN)             
51 Global Online Language Learning Market Outlook, By Manufacturing (2018-2027) ($MN)             
52 Global Online Language Learning Market Outlook, By Media (2018-2027) ($MN)             
53 Global Online Language Learning Market Outlook, By Retail (2018-2027) ($MN)             
54 Global Online Language Learning Market Outlook, By End User (2018-2027) ($MN)             
55 Global Online Language Learning Market Outlook, By Corporate (2018-2027) ($MN)             
56 Global Online Language Learning Market Outlook, By Educational Institutes (2018-2027) ($MN)             
57 Global Online Language Learning Market Outlook, By Individuals (2018-2027) ($MN)             
58 Global Online Language Learning Market Outlook, By Government Institution (2018-2027) ($MN)             
              
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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