Press release
Online Language Learning Market Size & Forecast
Online Language Learning Market Size
As per the report, the online language learning market size has grown exponentially in recent years. It will grow from $15.85 billion in 2023 to $19 billion in 2024 at a compound annual growth rate (CAGR) of 20%. The online language learning market size is expected to see exponential growth in the next few years. It will grow to $39.42 billion in 2028 at a compound annual growth rate (CAGR) of 20.1%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=15429&type=smp
International Student Boom Boosts Online Language Learning Market
The increasing number of international students is expected to propel the online language learning market going forward. International students are individuals who travel from their home countries to study at educational institutions located in foreign countries. The combination of academic excellence, career opportunities, cultural enrichment, and global networking makes studying abroad an attractive option for an increasing number of international students. Online language learning provides international students flexibility, convenience, and effectiveness in improving language skills and integrating into their host country's educational environment. For instance, in November 2022, according to the Institute of International Education (IIE), a US-based organization that focuses on international students, 948,519 international students from over 200 different locations were enrolled in U.S. higher education institutions during the academic year 2021-2022, marking a 4% growth compared to the preceding academic year. Therefore, the increasing number of international students is driving the development of the online language-learning market.
AI-Powered Language Learning Innovations Transforming Online Language Education
Major companies operating in online language learning are focusing on technological advancements such as AI-powered language learning to enhance the effectiveness and personalization of their platforms. AI-powered language learning involves using artificial intelligence technologies to improve and personalize the language learning experience. For instance, in November 2023, Busuu, a UK-based developer of a language learning platform, launched Vocabulary Trainer to enhance the learning experience for its users. Vocabulary Trainer comprises over 1,000 lessons created by expert linguists and is enhanced with machine learning technology. This tool offers personalized study plans and speech practice to help learners improve their vocabulary effectively. The Vocabulary Trainer utilizes intelligent spaced repetition and a decay metric to optimize long-term memorization, adapting in real-time to each learner's vocabulary strengths and weaknesses for a tailored language learning experience.
The online language learning market covered in this report is segmented -
1) By Language: English, Mandarin, Spanish, Other Languages
2) By Language Proficiency Level: Beginner, Intermediate, Advanced
3) By Learning Mode: Self-Learning Apps And Applications, Tutoring
4) By Application: Individual Learners, Institutional Learners
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=15429&type=discount
Major companies operating in the online language learning market are Pearson plc, New Oriental Education and Technology Group Inc., VIPKid, McGraw-Hill Education, Berlitz Corporation, Houghton Mifflin Harcourt, IXL Learning Inc., Tandem, Chegg Inc., Duolingo Inc., Babbel, iTutorGroup, Rosetta Stone Inc., Cambly Inc., Busuu, Open English LLC, Voxy Inc., EF Education First Ltd., Lingokids, HelloTalk, Sanako Corporation, italki, Oxford University Press, FluentU, Wall Street English
Contents of the report:
1. Executive Summary
2. Online Language Learning Market Report Structure
3. Online Language Learning Market Trends And Strategies
4. Online Language Learning Market - Macro Economic Scenario
5. Online Language Learning Market Size And Growth
…..
27. Online Language Learning Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/online-language-learning-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Online Language Learning Market Size & Forecast here
News-ID: 3564848 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Learn
Learn to Live Recovery Kickball Tournament
Kick It For Recovery is an event organized to raise awareness about addiction support, the fentanyl crisis, and to raise funds for scholarships for regional recovery and sober living programs. This event is dedicated to honoring the life of Mike Reitzell.
The inaugural Mike Reitzell Memorial Kickball Tournament will be held on August 27th, 2022 in Smithton, Illinois. All proceeds from this Kick It For Recovery event and the Mike Reitzell…
Learn to Live Recovery Opens
Attention treatment professionals, medication professionals, case management professionals, and friends! Learn to Live Recovery is accepting inquiries for our waitlist.
For treatment professionals or community members who are interested, we are doing tours of our facility by appointment. We can do one at a time for in-person or virtual for out of town folks.
If you have a client or patient that you believe fits our program,…
Crypto is Redefining Art — Learn More
Art, over the years, has been a prominent form of expression that reflects one’s opinions and ideologies through a creative channel. With time and technology, it has evolved to a great extent. Today, Crypto Art is booming! Creators like Olzup are redefining the arena of crypto art.
Crypto art is getting more and more attention with every passing day. Recently, a digital art work was sold for a staggering $69 million…
Appu Series - Watch. Learn. Grow.
The memory of those with the gift of sight is graphic. Why not incorporate that in learning is Appu Series’ take.
We all know what a picture is worth. Appu Series cashes in on a repository of images. All serving the purpose of education and riveting entertainment.
What cannot be sketched out on a blackboard or delivered through an hour of lecture can be squeezed into a few minutes of visuals, audios…
Top Reasons to Learn SAS Training
SAS software has substantiated itself as the market head in giving another age of business knowledge software and administrations that makes genuine venture insight. The SAS Institute is the world's biggest secretly held software organization. It is likewise the main merchant that totally incorporates driving data warehousing, examination and customary BI applications, to make knowledge from huge measures of data. Isn't that great!
SAS has a vast part to play…
Learn Details of Global Gibberellins
Gibberellins Report by Material, Application, and Geography – Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).
The report firstly introduced the Gibberellins basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials…
