Online Language Subscription Courses Market - 44% of Growth to Originate from APAC| Individual Learners Segment to be Significant for Revenue Generation | 17000+ Technavio Reports

NEW YORK, Feb. 17, 2022 /PRNewswire/ -- The online language subscription courses market size is expected to increase by USD 3.14 billion from 2020 to 2025, registering a CAGR of 15.04%, according to the latest research report from Technavio. 44% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for online language subscription courses in APAC. Market growth in APAC will be faster than the growth of the market in other regions. Growing business relations between India and Hispanic countries in South and Central America will facilitate the online language subscription courses market growth in APAC over the forecast period.

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The online language subscription courses market covers the following areas:

• Online Language Subscription Courses Market Sizing
• Online Language Subscription Courses Market Forecast
• Online Language Subscription Courses Market Analysis

Online language subscription courses market - Drivers & Challenges

The report on the online language subscription courses market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The market players also significantly leverage external market drivers such as growing preference for MALL to achieve growth opportunities. However, factors such as the popularity of MOOCs among corporates will challenge the growth of the market participants. The online language subscription courses market analysis report also provides detailed information on the upcoming trends that will influence market growth.

Online language subscription courses market - Segmentation Analysis & Revenue Generating Segment
The Online Language Subscription Courses Market is segmented by End-user (Individual learners and Institutional learners), Type (English, Mandarin, Spanish, and Others), and Geography (APAC, Europe, North America, South America, and MEA).

The individual learner segment by end-users will be significant for revenue-generating. Several individual learners have a keen interest in learning foreign languages for better career growth. Individuals with multilingual skills can bridge the communication gap between two different cultures and are, hence, in high demand from corporate individuals. The rising demand for bilingual and multilingual, skilled personnel in companies that operate in several countries and the interest of millennials across the world to learn foreign languages to grow in their careers are expected to increase the number of individual enrollments in online language learning courses during the forecast period.

Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the online language subscription courses market size.

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Companies Mentioned

The online language subscription courses market is fragmented and the vendors are deploying growth strategies such as developing innovative online language courses by integrating advanced technologies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including: 

• Cambium Intermediate Holdings LLC
• Duolingo Inc.
• Enux Education Ltd.
• Houghton Mifflin Harcourt Co.
• italki HK Ltd.
• Language Trainers Corp.
• Pearson Plc
• Rocket Languages Ltd.
• Sanako Oy
• The Linguist Institute Ltd.

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Key Topics Covered:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• Individual learners - Market size and forecast 2020-2025
• Institutional learners - Market size and forecast 2020-2025
• Market opportunity by End-user

Market Segmentation by Type

• Market segments
• Comparison by Type
• English - Market size and forecast 2020-2025
• Mandarin - Market size and forecast 2020-2025
• Spanish - Market size and forecast 2020-2025
• Others - Market size and forecast 2020-2025
• Market opportunity by Type

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Impact of COVID-19 on market and recovery from pandemic
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Cambium Intermediate Holdings LLC
• Duolingo Inc.
• Enux Education Ltd.
• Houghton Mifflin Harcourt Co.
• italki HK Ltd.
• Language Trainers Corp.
• Pearson Plc
• Rocket Languages Ltd.
• Sanako Oy
• The Linguist Institute Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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