Language Learning Games Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2020-2024

The language learning games market size has the potential to grow by USD 3.32 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by end-user (kids and adults) and geography (North America, Europe, APAC, MEA, and South America). Also, the report analyzes the market's competitive landscape. It offers information on several market vendors, including Duolingo Inc., Early Lingo, Hasbro Inc., Lofty Sky Entertainment, MindSnacks Inc., NetDragon Websoft Holdings Ltd., Overpass Ltd., Rosetta Stone Ltd., Three Flip Studios, and Top Line Solutions Pte. Ltd.

Market Overview

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Market Competitive Analysis

The market is fragmented. Duolingo Inc., Early Lingo, and Hasbro Inc. are some of the major market participants. Although the outbreak of COVID -19 globally will offer immense growth opportunities, the security concerns for Internet-based products will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this language learning games market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and provides information on the products offered by various companies. Moreover, this language learning games market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

• Duolingo Inc.
• Early Lingo
• Hasbro Inc.
• Lofty Sky Entertainment
• MindSnacks Inc.
• NetDragon Websoft Holdings Ltd.
• Overpass Ltd.
• Rosetta Stone Ltd.
• Three Flip Studios
• Top Line Solutions Pte. Ltd.

Language Learning Games Market: Segmentation by Geography

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North America was the largest language learning games market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Consumers in the region are exhibiting strong demand for interactive and innovative language learning games, such as 3D language learning games. The demand for multilingual language learning games is also increasing in the region. These factors will significantly drive language learning games market growth in this region over the forecast period.

29% of the market's growth will originate from North America during the forecast period. The US is the critical market for language learning games in North America. Market growth in this region will be slower than the growth of the market in APAC, MEA, and South America.

Language Learning Games Market: Segmentation by End-user

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Most of the international schools across the world are mandating the inclusion of language learning sessions in their curriculum. Certain schools are considering the addition of language learning sessions as a part of extracurricular activities. The increasing number of international schools across the world is fueling the need for language learning for kids. As a result, the segment will account for the highest language learning games market share over the forecast period as well. This report provides an accurate prediction of the contribution of all the segments to the growth of the language learning games market size.

Market growth in this segment will be faster than the growth of the market in the adult segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the language learning games market size.

Language Learning Games Market: Key Drivers and Trends

The rising consumer demand for innovative products and the growing competition in the market is compelling vendors to increase their R&D efforts to offer better products. Vendors are also focusing on differentiating themselves by investing in innovative product interfaces. Such consistent efforts by vendors led to the development of advanced features in language learning games, such as a 3D interface. Several vendors are offering language learning games with an interactive 3D environment filled with many selectable, collectible objects. The increasing purchasing power and disposable income across the world is also fueling the adoption of such 3D enabled language learning games among consumers. The rise in the adoption of 3D language learning games is one of the key drivers that will boost language learning market growth over the forecast period.

Key language learning games market trends such as the introduction of multilingual language learning games will also influence market growth. There is an increasing consumer preference towards the adoption of language learning games that will help them learn multiple languages. Multilingual language learning games help users save time and money by eliminating the need to switch among applications. They also eliminate the need to install many apps for different languages. To capitalize on this trend, vendors in the market are introducing language learning games that feature multilingual training through a single platform. Vendors are also extending the availability of these games for operating systems such as Android, iOS, and Windows. As a result of these factors, the global language learning games market will register a CAGR of over 28% during 2020-2024.

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Language Learning Games Market: Key Highlights of the Report for 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive language learning games market growth during the next five years
• Precise estimation of the language learning games market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the language learning games market industry across North America, Europe, APAC, MEA, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of language learning games market vendors

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