Uploaded on Sep 10, 2024
The e-learning market is growing rapidly and enabling individuals from different regions to stay connected and learn different courses through the Internet. Flexibility in learning, low cost, easy accessibility, growing investments in digital learning activities, and high effectiveness of animated learning are some factors favoring market growth.
Online Language Learning Market Trend to Reach $44.9 Billion by 2031
Online Language
Learning Market
Global Forecast to - 2031
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Key Segmentations – Option 1
Age Group
• 40 Years
Trends
• Flexible Pricing Structure
• Introduction of Wearable
Technologies
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Market Growth – Option 2
2031
Market Size of
44.9 Billion
According to Meticulous
Research®, the global
Online Language Learning
Market is projected to grow
CAGR of 19.5% from $12.5 billion in 2023 to
$44.9 billion by 2031,
registering a CAGR of 19.5%
during the forecast period
2022 2024–2031.
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Key Vendors
1 6
Babbel GmbH Rosetta Stone LLC
2 7
Duolingo, Inc. Open Education LLC
3 Top 10 8 New Oriental Education & ELSA Corp.
Vendors Technology Group Inc.
4 9
Enux Education Limited Berlitz Corporation
5 10
Mango Languages McGraw Hill LLC
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Regional Analysis
EUROPE
NORTH AMERICA
30.5% l 6.6%
35.6% l 5.8%
• Asia-Pacific
• Europe
ASIA-PACIFIC
• North America
• Middle East & Africa 28.7% l 8.6%
• Latin America
LATIN AMERICA
MIDDLE EAST & AFRICA
3.4% l 8.3%
1.9% l 7.7%
MARKET SHARE% 2023e CAGR% (2022–2031)
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