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Description:Online Language Learning uses technology-aided language learning with an integration of sound, voice interaction, text, video, and animation. It empowers self-paced interactive learning environments that enable learners to achieve learning outcomes without being restricted to place or time. Generally, such environments involve numerous opportunities for participation users and multiple methods for motivating their success. Online language learning often entails high levels of self-directed and reciprocal learning or supporting peer learning.
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China is the largest countries of online language learning in the world in the past few years and it will keep increasing in the next few years. China market took up about 30% of the global market in 2018, while Europe was about 26%, and North America is followed with the share about 16%.
According to this study, over the next five years the Online Language Learning market will register a 17.5% CAGR in terms of revenue, the global market size will reach US$ 18300 million by 2024, from US$ 8140 million in 2019.
This report presents a comprehensive overview, market shares and growth opportunities of Online Language Learning market by product type, application, key companies and key regions.
This study considers the Online Language Learning value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 and forecast to 2024
English
Chinese (Mandarin)
Others
Segmentation by application: breakdown data from 2014 to 2019 and forecast to 2024
Individual Learner
Institutional Learners
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Berlitz Languages
Vipkid
Pearson ELT
Sanako Corporation
51talk
Inlingua International
Rosetta Stone
EF Education First
New Oriental
Wall Street English
iTutorGroup
Babbel
Busuu
Eleutian Technology
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Online Language Learning market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Online Language Learning market by identifying its various subsegments.
Focuses on the key global Online Language Learning players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Online Language Learning with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Online Language Learning submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Table of Content
Chapter One: Scope of the Report
Chapter Two: Executive Summary
Chapter Three: Global Online Language Learning by Players
Chapter Four: Online Language Learning by Regions
Chapter Five: Americas
Chapter Six: APAC
Chapter Seven: Europe
Chapter Eight: Middle East & Africa
Chapter Nine: Market Drivers, Challenges and Trends
Chapter Ten: Global Online Language Learning Market Forecast
Chapter Eleven: Key Players Analysis
Chapter Twelve: Research Findings and Conclusion
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