Growing Demand of Distant Language Learning and Technology Has Propelled the Growth of the Online Language Learning Platform Market in the APAC Region!
- Himanshu Patni
- August 12, 2023
- AUTOMOTIVE, NEWS
- Online Language Learning Platform Market, Online Language Learning Platform Market share, Online Language Learning Platform Market size, Online Language Learning Platform Marketgrowth, Online Language Learning Platform Markettrends
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Technology has had a significant impact on digital education and has made it easier for learners to access educational content and resources. Technology has enabled the development of online learning platforms, which provide access to educational content and resources from anywhere in the world. These platforms offer a wide range of courses and resources, making it easier for learners to access high-quality education. Moreover, Technology has enabled the development of online learning platforms, which provide access to educational content and resources from anywhere in the world. These platforms offer a wide range of courses and resources, making it easier for learners to access high-quality education.
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The Asia Pacific region has seen significant growth in digital education over the past few years. With advancements in technology and increasing internet connectivity, more and more people can access educational resources online. Online courses and MOOCs (massive open online courses) are becoming more popular in the region. Platforms like Coursera, edX, and Udemy are offering courses in a wide range of subjects, from business and technology to humanities and social sciences. Many of these courses are free or low-cost, making them accessible to many people.
Further, the market for digital language learning in the Asia-Pacific region is predicted to increase from US$ 2.45 billion in 2018 to US$ 8.89 billion by 2027, with a compound annual growth rate of 15.7% from 2018 to 2027. Education is a sector that is experiencing rapid digitalization in both developed and developing countries, particularly in China, India, and Brazil, where there is a high demand for digital education. Many schools in China, South Korea, Australia, and China are aiming to prepare their students for success in a digitally transforming world. This digitalization of education is driving the growth of digital language learning in developing countries like China, Japan, and India. India, in particular, has a booming digital education sector that is expected to create a significant market in the coming years. As a result, the expansion of digitalization in the education sector is projected to fuel the expansion of the digital language learning market.
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Based on learning mode, the market is segmented into self-learning apps, applications, and tutoring. Amongst these, the self-learning apps segment dominated the market in 2021. This is because the self-learning apps segment of the online language learning platform market has experienced significant growth in recent years due to the increasing demand for convenient and flexible language learning options. These apps offer a range of features, including interactive exercises, personalized learning paths, and AI-powered language practice, to help learners improve their language skills at their own pace and convenience.
By end-users, the market is bifurcated into individual and institutional learners. Among these, individual learners captured the majority share of the online language learning platform market in 2021. The individual learners segment of the online language learning platform market refers to language learners who use online language learning platforms to improve their language skills on their own, without being affiliated with an educational institution or organization. This segment has seen significant growth in recent years, as more and more people seek convenient and flexible ways to learn a new language.
Global Online Language Learning Platform Market Segmentation
Market Insight, by Learning Mode
· Self-Learning Apps
· Applications
· Tutoring
Market Insights, by End-Users
· Individual Learners
· Institutional Learners
Market Insights, by Age-Group
· <18 years
· 18 – 20 years
· >18 years
Market Insight, by Region
· North America
o U.S.
o Canada
o Rest of North America
· Europe
o Germany
o UK
o Netherlands
o France
o Norway
o Switzerland
o Denmark
o Rest of Europe
· APAC
o China
o Japan
o India
o South Korea
o Rest of APAC
· Rest of the World
Top Company Profiles
· Cengage Learning India Pvt. Ltd.
· Babbel GmbH
· Benesse Holdings Inc.
· Busuu Ltd.
· Duolingo Inc.
· Educational Testing Service
· EF Education First Ltd.
· Enux Education Ltd.
· Houghton Mifflin Harcourt Co.
· Inlingua International Ltd.
