Digital English Language Learning Market - Detailed Analysis of Current and Future Industry Figures till 2027 | Babbel, Busuu, Cambridge University Press, Cengage, Duolingo, Ef Education First, Elsa, Houghton Mifflin Harcourt, Mcgraw-Hill Education, Mondl

“Digital English Language Learning Industry Report″ is a direct appreciation by The Insight Partners of the market potential. The report intends to provide accurate and meaningful insights, both quantitative as well as qualitative of Digital English Language Learning Market.

An increasing trend among the Asia Pacific students to enroll themselves in universities located in the western countries for higher education is driving the global digital English language market. Majority of the candidates from Asian countries especially India and China enroll themselves for Tests such as English as a Foreign Language (TOEFL), International English Language Testing System (IELTS), Graduate Record Examination (GRE), and Test of English for International Communication (TOEIC). The Test of English as a Foreign Language (TOEFL), International English Language Testing System (IELTS) are the tests conducted to assess a non-native candidate’s English fluency level.

The 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.

In developed countries such as the U.S. and the UK, the digital education system has gained immense popularity as the students in schools, universities and other institutions are much more aware of the technologies. However, in the Asia Pacific and MEA countries, students lag in relation to awareness of technology-driven learning.

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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

• ClassPass
• Fitbit, Inc.
• FitnessOnDemand
• Les Mills International Ltd.
• Peerfit, Inc.
• Peloton Interactive, Inc.
• Sworkit
• Wellbeats, Inc.
• Wexer
• Zwift, Inc.

The “Global Digital English Language Learning Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of Digital English Language Learning market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global Digital English Language Learning market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Digital English Language Learning market players and offers key trends and opportunities in the market.

The global Digital English Language Learning market is segmented on the basis of streaming type, session type, device type, revenue model, end user. On the basis of streaming type, the market is segmented as live, on demand. On the basis of session type, the market is segmented as group, solo. On the basis of device type, the market is segmented as smart TV, smartphones, laptops, desktops, and tablets, others. On the basis of revenue model, the market is segmented as subscription, advertisement, hybrid. On the basis of end user, the market is segmented as professional gyms, sports institutes, others.

Besides this, the report analyzes factors affecting Digital English Language Learning market from both demand and supply side and further evaluates market dynamics affecting 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 considered in the Global Digital English Language Learning Market report.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Digital English Language Learning market based on the type and application. It also provides market size and forecast till 2027 for overall Digital English Language Learning market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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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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This release was published on openPR.