Global Language Learning Apps Market Projected to Reach $26 Billion by 2030
Meticulous Research®—a leading global market research company, published a research report titled, ‘Language Learning Apps Market by Offering, Learning Mode (One-on-one, Group), Age Group, Language, End User (Individual Learners, Educational Institutes, Government Bodies, Corporate Learners), and Geography - Global Forecast to 2030’.
According to a recent publication by Meticulous Research®, the global Language Learning Apps Market is projected to grow at a compound annual growth rate (CAGR) of 21.2% from 2023 to 2030, reaching $26 billion by 2030. This growth is driven by the expanding e-learning market, increasing globalization, the rising need for cross-border communication, and the affordability of language learning apps. However, the market's growth may be constrained by the lack of a comprehensive platform.
The global language learning apps market is categorized by offering, learning mode, age group, and end user. The study also assesses industry competitors and analyzes the market at the country level.
Market Segments:
By Offering:
Online Courses and Apps: This segment is expected to hold the largest share in 2023, driven by the demand for certificates recognized by institutions, the need for accessible educational content, cost-effective courses, and government support for online education.
Tutoring: Predicted to register the highest CAGR, driven by the need for one-on-one online tutoring, personalized learning experiences, and the inclusion of cultural insights and real-world language applications.
By Learning Mode:
By Age Group:
<18 Years: Estimated to account for the largest market share in 2023, driven by the digitization of schools, the increase in language learners, smartphone users, and the popularity of interactive learning games.
18–20 Years: Projected to have the highest CAGR due to language exchange programs, interactive learning preferences, higher education opportunities, and cognitive development needs.
By Language:
English: Expected to dominate the market in 2023, driven by the global emphasis on English in education and business, and investments in startups teaching English.
Mandarin: Predicted to have the highest CAGR, fueled by its economic and cultural significance and business opportunities in China.
By End User:
Individual Learners: Expected to hold the largest share and highest CAGR, driven by smart device adoption, internet penetration, self-learning app usage, social media, and free language learning apps.
Key Players:
Prominent companies in the market include Duolingo Inc. (U.S.), Memrise Inc. (U.K.), Busuu Ltd (U.K.), Berlitz Corporation (U.S.), Mango Languages (U.S.), Pimsleur (U.S.), Rosetta Stone, Inc. (U.S.), HelloTalk (Hong Kong), Inlingua International Ltd. (France), Lesson Nine GmbH (Babbel) (Germany), PlanB Labs OÜ (Drops) (Estonia), Transparent Language, Inc. (U.S.), Open Education LLC (U.S.), Linguistica 360, Inc. (U.S.), Mondly (Romania), FluentU (U.S.), Lingvist Technologies OÜ (Estonia), Beelinguapp UG (Germany), ELSA Corp. (U.S.), FALOU APP (Brazil), Lang-8 Inc. (HiNative) (Japan), Tripod Technology GmbH (Tandem) (Germany), and Lingualift (U.K.).
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https://www.linkedin.com/company/meticulous-research Global Language Learning Apps Market Projected to Reach $26 Billion by 2030
Meticulous Research®—a leading global market research company, published a research report titled, ‘Language Learning Apps Market by Offering, Learning Mode (One-on-one, Group), Age Group, Language, End User (Individual Learners, Educational Institutes, Government Bodies, Corporate Learners), and Geography - Global Forecast to 2030’.
According to a recent publication by Meticulous Research®, the global Language Learning Apps Market is projected to grow at a compound annual growth rate (CAGR) of 21.2% from 2023 to 2030, reaching $26 billion by 2030. This growth is driven by the expanding e-learning market, increasing globalization, the rising need for cross-border communication, and the affordability of language learning apps. However, the market's growth may be constrained by the lack of a comprehensive platform.
The global language learning apps market is categorized by offering, learning mode, age group, and end user. The study also assesses industry competitors and analyzes the market at the country level.
Market Segments:
By Offering:
Online Courses and Apps: This segment is expected to hold the largest share in 2023, driven by the demand for certificates recognized by institutions, the need for accessible educational content, cost-effective courses, and government support for online education.
Tutoring: Predicted to register the highest CAGR, driven by the need for one-on-one online tutoring, personalized learning experiences, and the inclusion of cultural insights and real-world language applications.
By Learning Mode:
By Age Group:
<18 Years: Estimated to account for the largest market share in 2023, driven by the digitization of schools, the increase in language learners, smartphone users, and the popularity of interactive learning games.
18–20 Years: Projected to have the highest CAGR due to language exchange programs, interactive learning preferences, higher education opportunities, and cognitive development needs.
By Language:
English: Expected to dominate the market in 2023, driven by the global emphasis on English in education and business, and investments in startups teaching English.
Mandarin: Predicted to have the highest CAGR, fueled by its economic and cultural significance and business opportunities in China.
By End User:
Individual Learners: Expected to hold the largest share and highest CAGR, driven by smart device adoption, internet penetration, self-learning app usage, social media, and free language learning apps.
Key Players:
Prominent companies in the market include Duolingo Inc. (U.S.), Memrise Inc. (U.K.), Busuu Ltd (U.K.), Berlitz Corporation (U.S.), Mango Languages (U.S.), Pimsleur (U.S.), Rosetta Stone, Inc. (U.S.), HelloTalk (Hong Kong), Inlingua International Ltd. (France), Lesson Nine GmbH (Babbel) (Germany), PlanB Labs OÜ (Drops) (Estonia), Transparent Language, Inc. (U.S.), Open Education LLC (U.S.), Linguistica 360, Inc. (U.S.), Mondly (Romania), FluentU (U.S.), Lingvist Technologies OÜ (Estonia), Beelinguapp UG (Germany), ELSA Corp. (U.S.), FALOU APP (Brazil), Lang-8 Inc. (HiNative) (Japan), Tripod Technology GmbH (Tandem) (Germany), and Lingualift (U.K.).
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5658
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
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