Market Overview:
The global online language learning platform 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 online language learning platforms from individual and institutional learners across the globe. Additionally, the growing popularity of e-learning and m-learning is also contributing to the growth of this market. The global online language learning platform market can be segmented on the basis of type into English, Chinese, European languages, and others. The English segment is expected to hold a major share in this market owing to its widespread use as a business communication tool across different regions worldwide. The Chinese segment is projected to grow at a high rate during the forecast period due to rising demand for Mandarin courses from students and professionals in various countries across Asia Pacific region. On the basis of application,the global online language learning platformmarket can be divided into individual learner and institutional learner segments.
Product Definition:
An online language learning platform is a type of software that enables users to learn a foreign language. It can provide instruction in vocabulary, grammar, pronunciation, and culture. Online language learning platforms can be used for self-study or for taking classes with a tutor. They are often interactive and include exercises and quizzes.
English:
The global English it's usage and growth factor in online language learning platform market size was valued at USD 1.5 billion in 2016. The market is expected to witness significant growth over the forecast period owing to increasing internet penetration, rising number of smartphone users, and rapid development of digital infrastructure across the globe.
Chinese:
The Chinese and it's usage in online language learning platform is a service that helps non-native speakers learn the correct way to use the WeChat app, play games, and get useful information in Chinese. It also provides audio & video lessons for basic conversational skills. The service is provided by native speakers of different languages who are committed to helping others learn their language.
Application Insights:
The individual learner application segment held the largest share of over 60.0% in 2017. This is attributed to the rising preference for online language learning as compared to classroom based training. The individual learner has a choice of enrolling himself/herself in an online course and taking lessons at his/her convenience from a convenient location, be it home or work place. Online courses offered through various media platforms are also available on demand which increases student¢â‚¬â„¢s engagement and participation resulting in higher retention rates which further propels its adoption among individuals seeking proficiency in a foreign language for professional purposes or personal enrichment.
The institutional learner application segment is expected to witness significant growth over the forecast period owing to increasing government initiatives towards global communication skills amongst students as part of their overall education development program, especially during pre-service teacher training programs where foreign languages are employed either implicitly or explicitly for teaching English Language Learners (ELL).
Regional Analysis:
Asia Pacific dominated the global market in 2017. This is attributed to the increasing number of international tourists and business travelers in countries such as China, Japan, South Korea, Singapore, Thailand and India. The growing popularity of online language learning platforms among these regions can be attributed to their affordability and ease of use. Moreover, governments are continuously working toward improving their education systems by including foreign languages as a compulsory subject from kindergarten through high school or even college level programs for international students. This will further drive regional growth over the forecast period.
Growth Factors:
- Increasing demand for online language learning platforms from students and professionals across the globe.
- Proliferation of internet and smart devices, which is aiding in the widespread adoption of online language learning platforms.
- Growing focus on continuous education and professional development among students and professionals worldwide.
- Rising popularity of self-paced learning models for online language courses offered by various providers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Online Language Learning Platform Market Research Report
By Type
English, Chinese, European Language, Others
By Application
Individual Learner, Institutional Learner
By Companies
Berlitz Languages, Vipkid, Pearson ELT, Sanako Corporation, 51talk, Inlingua International, Rosetta Stone, EF Education First, New Oriental, Wall Street English, iTutorGroup, Babbel, Busuu, Eleutian Technology
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Online Language Learning Platform Market Report Segments:
The global Online Language Learning Platform market is segmented on the basis of:
Types
English, Chinese, European Language, Others
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
Individual Learner, Institutional Learner
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:
- Berlitz Languages
- Vipkid
- Pearson ELT
- Sanako Corporation
- 51talk
- Inlingua International
- Rosetta Stone
- EF Education First
- New Oriental
- Wall Street English
- iTutorGroup
- Babbel
- Busuu
- Eleutian Technology
Highlights of The Online Language Learning Platform 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:
- English
- Chinese
- European Language
- Others
- By Application:
- Individual Learner
- Institutional Learner
- 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 Online Language Learning Platform 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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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?
An online language learning platform is a web-based system that helps users learn foreign languages. It typically includes tools for tracking progress, sharing materials, and connecting with other learners.
Some of the major companies in the online language learning platform market are Berlitz Languages, Vipkid, Pearson ELT, Sanako Corporation, 51talk, Inlingua International, Rosetta Stone, EF Education First, New Oriental, Wall Street English, iTutorGroup, Babbel, Busuu, Eleutian Technology.
The online language learning platform market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Online Language Learning Platform 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 Online Language Learning Platform Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Online Language Learning Platform 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 Online Language Learning Platform 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 Online Language Learning Platform Market Size & Forecast, 2018-2028 4.5.1 Online Language Learning Platform Market Size and Y-o-Y Growth 4.5.2 Online Language Learning Platform Market Absolute $ Opportunity
Chapter 5 Global Online Language Learning Platform 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 Online Language Learning Platform Market Size Forecast by Type
5.2.1 English
5.2.2 Chinese
5.2.3 European Language
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Online Language Learning Platform 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 Online Language Learning Platform Market Size Forecast by Applications
6.2.1 Individual Learner
6.2.2 Institutional Learner
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Online Language Learning Platform 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 Online Language Learning Platform 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 Online Language Learning Platform Analysis and Forecast
9.1 Introduction
9.2 North America Online Language Learning Platform 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 Online Language Learning Platform Market Size Forecast by Type
9.6.1 English
9.6.2 Chinese
9.6.3 European Language
9.6.4 Others
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 Online Language Learning Platform Market Size Forecast by Applications
9.10.1 Individual Learner
9.10.2 Institutional Learner
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 Online Language Learning Platform Analysis and Forecast
10.1 Introduction
10.2 Europe Online Language Learning Platform 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 Online Language Learning Platform Market Size Forecast by Type
10.6.1 English
10.6.2 Chinese
10.6.3 European Language
10.6.4 Others
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 Online Language Learning Platform Market Size Forecast by Applications
10.10.1 Individual Learner
10.10.2 Institutional Learner
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 Online Language Learning Platform Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Online Language Learning Platform 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 Online Language Learning Platform Market Size Forecast by Type
11.6.1 English
11.6.2 Chinese
11.6.3 European Language
11.6.4 Others
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 Online Language Learning Platform Market Size Forecast by Applications
11.10.1 Individual Learner
11.10.2 Institutional Learner
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 Online Language Learning Platform Analysis and Forecast
12.1 Introduction
12.2 Latin America Online Language Learning Platform 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 Online Language Learning Platform Market Size Forecast by Type
12.6.1 English
12.6.2 Chinese
12.6.3 European Language
12.6.4 Others
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 Online Language Learning Platform Market Size Forecast by Applications
12.10.1 Individual Learner
12.10.2 Institutional Learner
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) Online Language Learning Platform Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Online Language Learning Platform 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) Online Language Learning Platform Market Size Forecast by Type
13.6.1 English
13.6.2 Chinese
13.6.3 European Language
13.6.4 Others
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) Online Language Learning Platform Market Size Forecast by Applications
13.10.1 Individual Learner
13.10.2 Institutional Learner
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 Online Language Learning Platform Market: Competitive Dashboard
14.2 Global Online Language Learning Platform Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Berlitz Languages
14.3.2 Vipkid
14.3.3 Pearson ELT
14.3.4 Sanako Corporation
14.3.5 51talk
14.3.6 Inlingua International
14.3.7 Rosetta Stone
14.3.8 EF Education First
14.3.9 New Oriental
14.3.10 Wall Street English
14.3.11 iTutorGroup
14.3.12 Babbel
14.3.13 Busuu
14.3.14 Eleutian Technology