Market Overview:
The global corporate online language learning market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for language learning among employees working in multinational corporations (MNCs). Additionally, the growing trend of using cloud-based platforms for corporate online language learning is also contributing to the growth of this market. On-premise platforms are currently dominating the global corporate online language learning market, followed by cloud-based platforms. However, cloud-based platforms are expected to witness higher growth during the forecast period as they offer several advantages over on-premise platforms such as lower costs and easy accessibility from anywhere at any time. Small enterprises account for a major share of the global corporate online language learning market owing to their growing need for employee training and development programs. Large enterprises are also increasingly adopting these solutions owing to their benefits such as improved communication and collaboration among employees located in different parts of the world.
Product Definition:
Corporate online language learning is a type of eLearning that is specifically designed for employees of businesses and organizations. It can be used to teach new languages, or to improve the language skills of employees who are already proficient in a language. Corporate online language learning has many benefits for businesses and organizations. It can help employees communicate more effectively with customers or clients from other countries, it can improve productivity by allowing employees to work on projects together from different locations, and it can help create a more globalized workforce.
On-premise:
On-premise L2/L3 solution is a software implementation that takes place entirely within the organization's data center. It has been around for many years and was the original form of language learning software. However, with technological advancements it has now evolved into an online platform as well. The growth factor in this market is due to factors such as security & privacy concerns, high cost of deployment and lack of scalability when compared to cloud platforms among others.
Cloud Platforms:
Cloud platforms are virtual spaces where applications, data and services are hosted. It is a platform that provides shared resources which can be used by multiple users from different locations to access information. The technology helps in saving time and money for the enterprises as they do not have to invest in maintaining server hardware or software along with paying only for the usage of resources that they use.
Application Insights:
The large enterprises segment dominated the global corporate online language learning market in 2017. This can be attributed to factors such as availability of resources, infrastructure and dedicated personnel. Furthermore, large enterprises have a global presence; therefore they offer opportunities for employees to work on projects in different countries and develop cross-cultural skills through interaction with local staff. The small enterprise segment is expected to witness significant growth over the forecast period owing to increasing demand from SMEs for efficient management of their business operations through effective communication with overseas clients and partners. Moreover, small businesses are increasingly adopting technology-based solutions that enable them communicate effectively across all channels including face-to-face meetings and phone calls by efficiently managing their business operations using digital tools such as CRM systems, ecommerce platforms etc., which further supports the growth of this application segment over the forecast period.
Regional Analysis:
North America dominated the global corporate online language learning market in 2017. This can be attributed to the presence of a large number of players offering various services and solutions for effective communication across cultures and languages. Moreover, companies are focusing on developing their employee skills through different online courses offered by providers such as Lynda, Inc., or Udemy.com so that they can compete better in the global market place thereby driving regional growth.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing demand from SMEs (Small & Medium Enterprises) for efficient communication with customers and suppliers worldwide thus enabling them to compete globally; whereas large enterprises are increasingly adopting these platforms due to growing globalization requirements thereby fueling regional growth opportunities for Corporate Online Language Learning (COLL).
Growth Factors:
- Increasing demand for language learning courses from corporate employees owing to globalization and the increasing number of business opportunities across different countries
- The growing trend of online/virtual learning among corporate employees, which is driving the demand for Corporate Online Language Learning courses
- The increasing focus on employee training and development by organizations as a means to improve productivity and competitiveness
- The rising popularity of e-learning platforms and tools that offer flexibility and convenience in terms of time, place, pace, etc., making it an ideal mode for language learning
- Growing awareness about the benefits of Corporate Online Language Learning courses among businesses as well as employees
Scope Of The Report
Report Attributes
Report Details
Report Title
Corporate Online Language Learning Market Research Report
By Type
On-premise, Cloud Platforms
By Application
Small Enterprises, Large Enterprises
By Companies
Pearson, Rosetta Stone, Berlitz, EF Education First, Linguatronics, Cactus Worldwide, inlingua International, Learnship Networks, Voxy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Corporate Online Language Learning Market Report Segments:
The global Corporate Online Language Learning market is segmented on the basis of:
Types
On-premise, Cloud Platforms
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small Enterprises, Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pearson
- Rosetta Stone
- Berlitz
- EF Education First
- Linguatronics
- Cactus Worldwide
- inlingua International
- Learnship Networks
- Voxy
Highlights of The Corporate Online Language Learning Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premise
- Cloud Platforms
- By Application:
- Small Enterprises
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Corporate Online Language Learning Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Corporate online language learning (COLL) is a type of online course that helps employees learn a new language in the workplace. The courses are typically designed to help employees communicate more effectively with customers and co-workers in their target language.
Some of the major players in the corporate online language learning market are Pearson, Rosetta Stone, Berlitz, EF Education First, Linguatronics, Cactus Worldwide, inlingua International, Learnship Networks, Voxy.
The corporate online language learning market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Corporate Online Language Learning Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Corporate Online Language Learning Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Corporate Online Language Learning Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Corporate Online Language Learning Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Corporate Online Language Learning Market Size & Forecast, 2020-2028
4.5.1 Corporate Online Language Learning Market Size and Y-o-Y Growth
4.5.2 Corporate Online Language Learning Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud Platforms
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small Enterprises
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Corporate Online Language Learning Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Corporate Online Language Learning Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud Platforms
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small Enterprises
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud Platforms
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small Enterprises
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud Platforms
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small Enterprises
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud Platforms
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small Enterprises
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud Platforms
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small Enterprises
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Corporate Online Language Learning Market: Competitive Dashboard
14.2 Global Corporate Online Language Learning Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pearson
14.3.2 Rosetta Stone
14.3.3 Berlitz
14.3.4 EF Education First
14.3.5 Linguatronics
14.3.6 Cactus Worldwide
14.3.7 inlingua International
14.3.8 Learnship Networks
14.3.9 Voxy
