Digital English Language Learning Market Trends, Growth Insights, Target Audience, Competitive Landscape, Forecast To 2027

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 Digital English Language Learning market has recently witnessed a significant adoption in Asia Pacific countries such as India, China, and others. The growth in adoption of the Digital English Language Learning is attributed to several factors such as increasing trend of digital education system, increasing number of immigrants for higher education, increasing number of on-site jobes, and others.

Some of the key companies operating in Digital English Language Learning market across the globe include 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 INC, OXFORD UNIVERSITY PRESS, PEARSON PLC, ROSETTA STONE INC, SANAKO CORPORATION, TRANSPARENT LANGUAGE, VIPKID, VOXY, and WORDDIVE LTD among various other leading market players. Several other players are also functioning in the market worldwide, contributing significant revenue shares year on year.

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There has been constant advancements in the Digital English Language Learning. VIPKid announced a strategic partnership with Scholastic in China which would Scholastic in China which would allow thousands of Scholastic titles to be accessible to VIPKid’s learners in China. The stories would be added to the VIPKID’s library collection and would support the company’s proprietary curriculum. VIPKid also launched V+ a comprehensive upgrade and expansion of the company’s curriculum, technology, and global reach. The V+ initiative broadened VIPKid’s education offerings and included six separate product line that would deliver content to PreK-12 students.

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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Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Digital English Language Learning Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global Digital English Language Learning Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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This release was published on openPR.