Press release
Global Digital English Language Learning Market Outlook 2019 - Babbel, Busuu, Cambridge University Press, Cengage Learning Holdings Ii, Duolingo, Ef Education First, Elsa, Corp, Houghton Mifflin Harcourt, Mcgraw-Hill Education, Mondly
The Industry Report “Digital English Language Learning Market” provides a clear picture of the Current Market Scenario which includes past and estimated future size with respect to value and volume, technological advancement, macro economical and governing factors in the Digital English Language Learning market.Factors such as increasing adoption of the digital education system, implementation of advanced level English curriculum in schools, increasing number of immigrants for higher education are the key factors driving the global Digital English Language Learning market. Also, the Asia-Pacific region is anticipated to provide numerous profitable opportunities for the market players operating in the Digital English Language Learning market in the coming years.
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The reports cover key developments in the Digital English Language Learning market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Digital English Language Learning market are anticipated to lucrative growth opportunities in the future with the rising demand for Digital English Language Learning market in the global market.
Key Players Influencing the Market
• Babbel
• Busuu Ltd
• Cambridge University Press
• Cengage Learning Holdings Ii, Inc
• Duolingo
• Ef Education First
• Elsa, Corp
• Houghton Mifflin Harcourt
• Mcgraw-Hill Education, Inc.
• Mondly
• Macmillan (Springer Nature)
• New Oriental Education & Technology Group
• Oxford University Press
• Pearson Plc
• Rosetta Stone Inc
• Sanako Corporation
• Transparent Language
• Vipkid
• Voxy
• Worddive Ltd
Digital payments in the Middle East are at a breaking point as regulations, culture and technology witness paradigm shifts, opening the door for innovative companies to disrupt the oldest payment ecosystems. More than 80% of brick-and-mortar retail payments and 65% ofDigital English Language Learnings are still made in cash, and smartphone adoption exceeds 100% in several countries. Mobile penetration in the MEA region is on the verge of a new era that is driven by evolving consumer behavior, rapid industrialization, government ambitions, and changing economic condition.
The Global Digital English Language Learning Market was valued at US$ 3,247.4 Mn in 2018 and is anticipated to grow at a CAGR of 15.2% to account for US$ 11,445.6 Mn by 2027.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Digital English Language Learning market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Digital English Language Learning market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Digital English Language Learning market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Digital English Language Learning market in these regions.
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Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Digital English Language Learning Market.
• Key market trends cracking up the growth of the Digital English Language Learning Market.
• Challenges to market growth.
• Key vendors of Digital English Language Learning Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Digital English Language Learning Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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