Analysis and Forecasts by Language Type (English, German, Spanish, Mandarin, and Others); Deployment Type (On-Premise and Cloud); Business Type (Business-to-Business and Business-to-Customer); End-User (Academic and Non-Academic)
No. of Pages:100
Report Code:
TIPRE00006483
Category:
Technology, Media and Telecommunications
Europe digital language learning market is expected to grow from US$ 1.28 Bn in 2018 to US$ 3.20 Bn by the year 2027. This represents a CAGR of 11.0% from the year 2018 to 2027.
Education is one of the promising sectors for the rapid evolution of digitalization in developed and developing countries. The digitalization in the education sector is a key factor in driving digital language learning in different countries. Digitalized language learning involves several techniques to enhance students’ ability to learn, speak, and write other languages. A few of such techniques include online courses, online examination, digital textbooks, and animation. Digitalized education has modernized the educational sector in various countries, and several others developing countries are in the process of adopting this trend to prepare their students to meet the standards of the education and corporate sectors in western countries. The digital language learning market is gaining pace on the back of the rising digitalization in the education sector. Some of the major educational institutions have partnered with the digital language learning solution provider to offer a better learning experience to its students. Therefore, the growing popularity of digital learning solutions across schools, universities, and colleges is expected to drive the growth of digital language learning market in the current market scenario.
Currently, Germany is dominating in the Europe digital language learning market owing to the high penetration of digitization and the growing number of international students in the country. Factors such as growing digitization of education and rising demand for advanced language learning solutions are contributing substantially towards the growth of the digital language learning market in Europe. The figure given below highlights the revenue share of the rest of Europe in the Europe digital language learning market in the forecast period:
EUROPE DIGITAL LANGUAGE LEARNING MARKET - SEGMENTATION
Europe Digital Language Learning Market by Language Type
English
German
Spanish
Mandarin
Others
Europe Digital language learning Market by Deployment Type
On-Premise
Cloud
Europe Digital language learning Market by Business Type
Business-to-Business
Business-to-Customer
Europe Digital language learning Market by End-User
Academic
Non-Academic
Europe Digital language learning Market by Country
Germany
UK
France
Italy
Russia
Rest of Europe
Companies Mentioned
Busuu, Ltd
Babbel
Fluenz
Lingoda GmbH
Living Language (Penguin Random House, LLC)
Pearson PLC
Preply, Inc.
Rosetta Stone, Inc
Verbling, Inc.
Yabla, Inc.
Europe Digital language learning Market Strategic Insights
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Europe Digital language learning Market Segmentation Analysis
Europe Digital language learning Market Report Highlights
Europe Digital language learning Report Scope
Report Attribute
Details
Market size in 2018
US$ 1.28 Billion
Market Size by 2027
US$ 3.20 Billion
CAGR (2018 - 2027)
11.0%
Historical Data
2016-2017
Forecast period
2019-2027
Segments Covered
By Language Type
English
German
Spanish
Mandarin
By Deployment Type
On-Premise
Cloud
By Business Type
Business-to-Business
Business-to-Customer
By End-User
Academic
Non-Academic
Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Market leaders and key company profiles
Busuu, Ltd
Babbel
Fluenz
Lingoda GmbH
Living Language (Penguin Random House, LLC)
Pearson PLC
Preply, Inc.
Rosetta Stone, Inc.
Verbling, Inc.
Yabla, Inc
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Europe Digital language learning Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
How big is the Europe Digital language learning Market?
The Europe Digital language learning Market is valued at US$ 1.28 Billion in 2018, it is projected to reach US$ 3.20 Billion by 2027.
What is the CAGR for Europe Digital language learning Market by (2018 - 2027)?
As per our report Europe Digital language learning Market, the market size is valued at US$ 1.28 Billion in 2018, projecting it to reach US$ 3.20 Billion by 2027. This translates to a CAGR of approximately 11.0% during the forecast period.
What segments are covered in this report?
The Europe Digital language learning Market report typically cover these key segments-
Language Type (English, German, Spanish, Mandarin)
Deployment Type (On-Premise, Cloud)
Business Type (Business-to-Business, Business-to-Customer)
End-User (Academic, Non-Academic)
What is the historic period, base year, and forecast period taken for Europe Digital language learning Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Digital language learning Market report:
Historic Period : 2016-2017
Base Year : 2018
Forecast Period : 2019-2027
Who are the major players in Europe Digital language learning Market?
The Europe Digital language learning Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Busuu, Ltd
Babbel
Fluenz
Lingoda GmbH
Living Language (Penguin Random House, LLC)
Pearson PLC
Preply, Inc.
Rosetta Stone, Inc.
Verbling, Inc.
Yabla, Inc
Who should buy this report?
The Europe Digital language learning Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Europe Digital language learning Market value chain can benefit from the information contained in a comprehensive market report.
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