“The Online Language Training Market in APAC study is a comprehensive report with in-depth qualitative and quantitative research evaluating the current scenario and analyzing the growth of USD 13.37 billion and CAGR of 21.92% by segment Product, End-user, and Geography during the forecast period 2020 to 2025”
Furthermore, this report extensively covers the smart home appliances market segmentation by Product (curses, support solutions, apps), End-user (individual learners, institutional learners), and geography (China, India, Rest of APAC). The market report also offers information on several market vendors, including Berlitz Corp., Busuu Ltd., Duolingo Inc., inlingua International Ltd., iTutorGroup, Lesson Nine GmbH, Memrise Ltd., Open Education Global Inc., Rosetta Stone Ltd., and Sanako Oy
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Parent Market Analysis
Technavio categorizes the Online Language Training Market in APAC as a part of the Consumer Discretionary industry within the Diversified Consumer Services industry. Our Technavio research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the forecast year.
Online Language Training Market in APAC: Key Drivers, Trends, and Challenges
Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the smart room heater industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Online Language Training Market Driver in APAC
One of the key factors driving growth in the online language training market in APAC is better employability and education prospects. Mature globalization processes and urbanization in APAC have created better employment opportunities and educational prospects. The number of students appearing for examinations, such as TOEFL and IELTS, is on the rise. Among all the languages, English is primarily used in the conduct of different entrance exams. Students who want to pursue their higher education abroad are required to gain language proficiency in multiple languages. To become a part of the globalized economy, APAC is emphasizing on language learning by its students. Hence, there is a high requirement to learn foreign languages, especially English, among non-native speakers. Within APAC, the trend of bilingual employees is on the rise, especially in middle and senior management positions in corporate organizations. Consequently, fluency in the English language has emerged as a mandatory soft skill sought by most employers. Such trends have underlined the necessity of language-learning programs and courses to be conveyed from academic levels to students. Institutions, while understanding the demand and supply gap for such employees, are training their students to read, write, listen, and speaking in foreign languages.
Key Online Language Training Market Challenge in APAC
The increased threat from open sources will be a major challenge for the market during the forecast period. The providers of online language learning materials and related services are facing a huge threat from open-source solution providers. These sources are becoming popular among learners because such learning materials offer tangible benefits, compared with offering such services via charging a one-off fee or through subscription. Open sources, such as Memrise, provide access to a wide variety of content and learning through various formats, such as games, videos, and audio. Therefore, open-source learning has attracted numerous learners. As these services can be accessed through mobile apps, the learning endeavour can be undertaken anywhere and anytime. Such sources of accessing language learning content also support learners that cannot afford residential programs and paid services. Open-source apps offer features that are on par with the paid language content and services providers. Hence, the growing market acceptance of open sources of language learning is posing an emphatic challenge for vendors in the market.
Online Language Training Market in APAC Value Chain Analysis
Our report provides extensive information on the value chain analysis for the market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Who are the Major Online Language Training Market Vendors in APAC?
Berlitz Corp. - The company offers three different online options Private, Group and On Demand for online language training. Through the languages segment, the company offers various language learning courses such as English, Spanish, Japanese, and Italian, for individual and constitutional learners. Through the adult segment, the company offers various language learning courses to adults through online mediums, private tuitions, and group learning solutions.
The report on Online Language Training Market in APAC analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Berlitz Corp.
- Busuu Ltd.
- Duolingo Inc.
- inlingua International Ltd.
- iTutorGroup
- Lesson Nine GmbH
- Memrise Ltd.
- Open Education Global Inc.
- Rosetta Stone Ltd.
- Sanako Oy
This statistical study of the market encompasses successful business strategies deployed by the key vendors. The market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this the report provides a detailed analysis of several leading Companies.
What are the Revenue-generating Product Segments in the Online Language Training Market in APAC?
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The online language training market share growth in APAC by the courses segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size and actionable market insights on the post-COVID-19 impact on each segment.
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Online Language Training Market Scope in APAC |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 22% |
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Market growth 2021-2025 |
$ 13.37 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
21.43 |
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Regional analysis |
China, India, and Rest of APAC |
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Performing market contribution |
China at 42% |
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Key consumer countries |
China and India |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Berlitz Corp., Busuu Ltd., Duolingo Inc., inlingua International Ltd., iTutorGroup, Lesson Nine GmbH, Memrise Ltd., Open Education Global Inc., Rosetta Stone Ltd., and Sanako Oy |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Online Language Training Market in APAC Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive online language training market growth in APAC during the next five years
- Precise estimation of the market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behaviour
- The growth of the online language training industry in APAC across China, India, and Rest of APAC
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of online language training market vendors in APAC
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