Digital English Language Learning Market Analysis, Trends, and Scope 2023 to 2030
Digital English Language Learning Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 4.22 Billion |
Market Size by 2030 | US$ 15.03 Billion |
Global CAGR (2022 - 2030) | 17.2% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Key Player Analysis:
The digital English language learning market analysis is based on the annual performances of major players such as EF EDUCATION FIRST; ELSA, Corp.; Houghton Mifflin Harcourt Co; MACMILLAN; OXFORD UNIVERSITY PRESS; Pearson Plc; Sanako Corporation; Babbel GmbH; Transparent Language; Vipkid; CAMBRIDGE UNIVERSITY PRESS; Voxy; Chegg Inc; Duolingo Inc; INLINGUA INTERNATIONAL LTD.; Berlitz Corporation; and IXL Learning. Several other key market players were analyzed to get a holistic view of the market and its ecosystem.
Recent Developments:
The digital English language learning market report emphasizes the key factors bolstering the market and prominent players' developments. Market players focus on inorganic and organic strategies for their business growth. As per company press releases, below are a few recent key developments:
- In July 2023, Berlitz turned to Microsoft, specifically to Azure AI Speech and its pronunciation assessment capabilities. With this technology, Berlitz can deliver the fastest, most effective way to learn a new language, but with the added flexibility to allow Berlits to reach more learners.
- In March 2021, personalized learning products developer IXL Learning acquired Rosetta Stone, a technology-based language education platform.