Global Language Learning Apps Market Projected to Reach $26 Billion by 2030


Posted May 23, 2024 by BhavanaMeti

Explore $26 billion Language Learning Apps Market: Get exclusive insights on key market trends, segments, geographical analysis, & competitive analysis!
 
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.
Opportunities for growth in this market arise from increased investment in the education sector, a growing base of internet and mobile phone users, and the rising preference for multilingual employees among multinational companies. Challenges include ensuring the quality and effectiveness of language learning materials and limited access to high-speed internet or smart devices. Notably, integrating artificial intelligence (AI) and robotics into language learning apps is a significant trend.
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:
One-on-One Learning: Expected to dominate the market in 2023, driven by globalization, the need for personalized learning experiences, cost-effective alternatives to traditional language schools, and the demand for continuous self-improvement and skill development.
Group Learning: Anticipated to register the highest CAGR due to its provision of various teaching methods, personalized education experiences, peer evaluation, and real-time feedback.
By Age Group:
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Last Updated May 23, 2024