![]() ![]() ![]() Online Language Learning Market, by ProductĦ. Technological Advancements: Big Data and Artificial intelligence to Assist in Design of Customized Contentĥ. Rising internet User Base and Mobile Phone UsersĤ.1.4.1. Regulations Pertaining to Data Security and PrivacyĤ.1.3.1. Rise in Number of Online Language Learning Start-UpsĤ.1.2.2. Globalization and Growing Need for Communication Across BordersĤ.1.1.3. The large share of this regional segment is mainly attributed to the rising number of immigrants in the region, high education expenditure, growing economy, home to the number of large corporations and best educational institutions, and shift of focus from traditional classroom language learning to online mode.Ĥ.1.1.1. ![]() This is attributed to a growing demand for second language learning, need for personalized content, a rising number of enrollments in foreign universities, and the growing trend towards finding better opportunities in foreign countries.Įurope commanded the largest share of the global online language learning market in 2018, followed by North America, Asia-Pacific, Middle East & Africa, and Latin America. On the basis of end-user, the online language learning market for individual learners commanded the largest share of the global market. However, the 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.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 the need for higher-level skills in the workforce, an increasingly diverse student population, globalization, and the demand for lifelong learning. 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 the number of online language learning start-ups. 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. DUBLIN-( BUSINESS WIRE)-The "Online Language Learning Market by Product (Course, Solution, Support), Type (English, French, Spanish, Mandarin, Arabic, Japanese, Italian, German), End (Individual, Corporate, Educational Institution, Government) - Global Forecast to 2025" report has been added to 's offering. ![]()
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