PUBLISHER: The Business Research Company | PRODUCT CODE: 1500040
PUBLISHER: The Business Research Company | PRODUCT CODE: 1500040
Digital language learning encompasses the process of acquiring, practicing, and mastering a language using digital tools, platforms, and resources, typically accessed through the internet. This includes online language courses, interactive apps, language learning software, virtual classrooms, and multimedia materials designed to enhance language acquisition and proficiency in a digital environment.
The primary technologies utilized in digital language learning include virtual reality (VR), artificial intelligence (AI), big data analytics, natural language processing (NLP), and other related technologies. Virtual Reality refers to computer-generated simulations that immerse users in interactive, three-dimensional virtual environments. Various language types, such as English, German, Spanish, Mandarin, and others, are supported across different operating systems such as Windows, Android, iOS, and others. Digital language learning tools cater to a diverse range of end-users, including individuals, enterprises, educational institutions, government agencies, and others.
The digital language learning market research report is one of a series of new reports from The Business Research Company that provides digital language learning market statistics, including digital language learning industry global market size, regional shares, competitors with a digital language learning market share, detailed digital language learning market segments, market trends and opportunities, and any further data you may need to thrive in the digital language learning industry. This digital language learning market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The digital language learning market size has grown exponentially in recent years. It will grow from $24.53 billion in 2023 to $29.64 billion in 2024 at a compound annual growth rate (CAGR) of 20.8%. The growth observed during the historic period can be attributed to several factors, including the expansion of internet access, globalization and multilingualism trends, demographic shifts and immigration patterns, as well as reforms in education and adaptations in language curriculum.
The digital language learning market size is expected to see exponential growth in the next few years. It will grow to $64.01 billion in 2028 at a compound annual growth rate (CAGR) of 21.2%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing demand for remote learning solutions, globalization and the need for cross-cultural communication, the trend towards personalized and adaptive learning approaches, integration with education systems, and the rise of mobile learning. Major trends expected during the forecast period include a focus on career advancement and job opportunities, increased personalization and customization of learning experiences, the adoption of adaptive learning technologies, the implementation of gamification and immersive learning techniques, and the promotion of blended learning models.
The digital language learning market is poised for growth, driven by the increasing demand for online education. Online education, which involves delivering educational content and instruction over the internet, is gaining popularity due to its flexibility, accessibility, and the quality of remote learning options it offers. This surge in demand is fueled by technological advancements and evolving learning needs. Digital language learning thrives within the realm of online education, providing learners with access to a wide range of interactive resources, personalized learning experiences, and opportunities for real-time practice and feedback. For example, enrollment in online education platforms such as Coursera Inc., a US-based massive open online course provider, saw a notable increase from 143 million in 2020 to 189 million in 2021, as reported by the World Economic Forum. Consequently, the growing demand for online education is a driving force behind the expansion of the digital language learning market.
Key players in the digital language learning market are channeling their efforts into developing cutting-edge solutions, including advanced language learning applications. These applications are designed to enhance user engagement, personalize learning experiences, and improve language proficiency through innovative features, techniques, and technologies. For instance, Unacademy, an educational technology company based in India, recently introduced a new language learning app to its product lineup. Leveraging Unacademy's robust technology infrastructure and extensive network of educators, the app aims to establish itself as a prominent player in the global language learning industry. This strategic move underscores Unacademy's commitment to expanding its product portfolio and solidifying its presence in the international language learning landscape.
In November 2021, Chegg, Inc., a US-based educational support services company, completed the acquisition of Busuu Online S.L., a Spain-based online learning platform specializing in professional language courses. This acquisition aligns with Chegg's objectives of expanding its business, penetrating international markets, and enhancing its offerings with language learning support for both students and professionals.
Major companies operating in the digital language learning market are Pearson plc, McGraw-Hill Education Holdings LLC, Cambridge University Press, Udemy Inc., Coursera Inc., Duolingo Inc., italki HK Limited, Babbel GmbH, Varsity Tutors, Rosetta Stone Inc., Verbling Inc., edX Inc., Lingoda GmbH, Busuu Limited, Mango Languages a division of HarperCollins Publishers LLC, Oxford University Press, Memrise Limited, Pimsleur Language Programs, Tandem Fundazioa, Yabla Inc., FluentU Inc., Living Language, EF Education First Ltd., Transparent Language Inc., Berlitz Corporation
Asia-Pacific was the largest region in the digital language learning market in 2023. The regions covered in the digital language learning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the digital language learning market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The digital language learning market consists of revenues earned by entities by providing services such as online language courses, language assessment and certification, language assessment services, and virtual tutoring services. The market value includes the value of related goods sold by the service provider or included within the service offering. The digital language learning market also includes sales of products including language exchange platforms, language learning software, language learning websites, language learning apps, and language learning platforms. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Digital Language Learning Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on digital language learning market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for digital language learning ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The digital language learning market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.