Digital language learning Market Projected to reach US$ 3.20 Bn by the year 2027 | Busuu, Babbel, Fluenz, Lingoda, Living Language

Europe digital language learning market in is expected to grow from US$ 1.28 Bn in 2018 to US$ 3.20 Bn by the year 2027. This represents a CAGR of 11.0% from the year 2018 to 2027.

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The major manufacturers covered in this report: Busuu, Ltd, Babbel, Fluenz, Lingoda GmbH, Living Language (Penguin Random House, LLC, Pearson PLC, Preply, Inc., Rosetta Stone, Inc., Verbling, Inc., and Yabla, Inc.

The education sector is transforming exponentially on the back of various initiatives undertaken by governments and private organizations to deliver digitally enhanced performance. Governments of various countries such have initiated the digital education schemes in the past years, which has helped these countries to boost their English education systems. The Council of Europe supports several programs for supporting foreign language learning in the region. For instance, the council initiated a project that facilitates teachers, as well as other educators, to prepare children to positively face the challenges of a linguistically and culturally diverse world. It offers them with learning and teaching strategies and resources which take existing linguistic collections into account to develop the linguistic as well as intercultural capabilities of learners and educators. A strong focus of the government towards implementation of digital learning programs is expected to create opportunities for the players operating in the market to gain a strong customer base and achieve a competitive position in the digital language learning market.

Scope of the report:

This research evaluates micro-markets and takes a closer look at the different growth trends, future prospects and regulations that will regulate the industry in the coming years. Researchers have also included a few top performers in the sector to calculate their industry shares and core competencies. The research explains technological developments in the sector along with upcoming areas of the industry that might potentially attract massive investments.

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In developed countries, such as the US and the UK, the digital education system has gained immense popularity as the students in schools, universities, and other institutions are completely aware of the technologies. However, in APAC and SAM countries, students lack the awareness of technology-driven learning. Several schools, universities, and coaching institutions are implementing digital technologies in their classes. As the digital educational platform developers are constantly upgrading their technologies to offer robust solutions, the adopters in APAC are continuously upgrading their technology infrastructure. The innovative cloud-based educational apps, websites, and other services are expected to create a significant market for digital education, including digital language learning solutions. The adoption of the digital solution by educational institutions is expected to drive the growth of digital language learning market.

The Europe digital language learning market is fragmented with the presence of several companies, and the competitive dynamics in the market is expected to change during the upcoming years. Digital language learning market is a highly competitive market with the presence of some major global market players as well as tire two companies. The presence of a large number of players in the digital language learning market creates challenges for companies operating in the market to gain a significant market share of the digital language learning market.

Most important Language Type of Digital language learning covered in this report are:
o English
o German
o Spanish
o Mandarin
o Others

Most important Deployment Type of Digital language learning covered in this report are:
o On-Premise
o Cloud

Key points from Table of Content:
1.Introduction

2. Key Takeaways

3. Research Methodology

4. Europe Digital Language Learning Market Landscape

5. Europe Digital Language Learning Market - Key Industry Dynamics

6. Europe Digital Language Learning Market - Market Analysis

7. Europe Digital Language Learning Market Revenue And Forecasts To 2027 - Language Type

8. Europe Digital Language Learning Market - By Deployment Type

9. Europe Digital Language Learning Market Analysis - By Business Type

10. Europe Digital Language Learning Market Analysis - By End User

11. Europe Digital Language Learning Market- Country Analysis

12. Digital Language Learning Market - Industry Landscape

13. Company Profiles

14. Appendix

1. Scope of the study:

o The report conducts a detailed analysis of the evolving market dynamics
o It gives a holistic view of various drivers and restraints operating in the market
o The forecast spans 6 years and predicts the prospective progress of the sector
o It categorizes the prominent product segments and their future growth scenario
o The market insights derived after a thorough investigation of the industrial segments and subsegments enable readers make informed decisions.

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