Online Language Tutoring Market to be Worth $12.7 Billion by 2030
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Online
Language Tutoring Market to be Worth $12.7 Billion by 2030
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Meticulous
Research®— leading global market research company, published a research
report titled, ‘Online Language Tutoring Market by Learning Mode
(One-on-one, Group), Age Group (<18 Years, 18–20 Years), Language, End User
(Individual Learners, Educational Institutes, Government Bodies, Corporate
Learners), and Geography - Global Forecast to 2030.’
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Free Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5691
According to
this latest publication from Meticulous Research®, the global online
language tutoring market is expected to grow at a CAGR of 20.2% from 2023 to
reach $12.7 billion by 2030. The growth of this market is driven by the
increasing need for personalized learning experiences, the growth in
e-learning, and the minimal costs of online language tutoring apps. However,
data security & privacy concerns may restrain the growth of this market.
Learners’
growing need to access native speakers for conversational practice and
cultural exchange and growing internet and mobile phone user bases are
expected to create market growth opportunities. However, the lack of trained
professionals to teach languages and limited access to high-speed
internet/smart devices are major challenges for the players operating in this
market. Additionally, the integration of AI and adaptive learning and the
incorporation of gamification elements in online tutoring sessions are
prominent trends in the global online language tutoring market.
The global
online language tutoring market is segmented based on learning mode, age
group, language, and end user. The study also evaluates industry competitors
and analyzes the market at the regional and country levels.
Based on
learning mode, the online language tutoring market is segmented into
one-on-one learning and group learning. In 2023, the one-on-one learning
segment is expected to account for the major share of the online language
tutoring market. The segment’s large share is attributed to learners’ growing
need for one-to-one online tutoring for maximum engagement, comprehension, and
skill improvement, the need for highly personalized learning experiences
tailored to individuals’ learning pace, the growing focus on specific learning
objectives, and learners’ emphasis on continuous self-improvement and skill
development. However, the group learning segment is projected to register the
higher CAGR during the forecast period due to the benefits of group learning for
language learners, such as exposure to various teaching and learning methods,
cultural insights, context, and real-world application of languages, and the
need for real-time feedback on pronunciation, grammar, and language usage with
in-person interactions.
Based on
age group, the online language tutoring market is segmented into
<18 years, 18–20 years, 21–30 years, 31–40 years, and >40 years. In
2023, the <18 years segment is expected to account for the largest share of
the online language tutoring market. The segment’s large share is attributed
to the increasing digitization of public schools, the rising number of
language learners, a significant increase in smartphone users, the increasing
demand for kids’ learning apps, the rising popularity of online interactive
games for language learning, and the proliferation of e-learning platforms.
However, the 18–20 years segment is projected to register the highest CAGR
during the forecast period due to the increasing number of language exchange
programs, the growing preference for interactive and engaging learning
experiences, and expanding opportunities for higher education.
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Based on
language, the online language tutoring market is broadly segmented
into English, French, Spanish, Mandarin, German, Italian, Arabic, Japanese,
Korean, and other languages. In 2023, the English segment is expected to
account for the largest share of the online language tutoring market. The
segment’s large market share is attributed to the growing number of English
language learners worldwide, the increasing emphasis on learning English in
schools and educational institutions, the high importance of English in
business & professional areas, and the increasing investments in start-ups
and small companies teaching English. However, the Mandarin segment is
projected to register the highest CAGR during the forecast period due to the
high demand for learning Mandarin due to its economic and cultural
significance and the growing business opportunities in China.
Based on
end user, the online language tutoring market is segmented into
individual learners, educational institutes, government bodies, and corporate
learners. In 2023, the individual learners segment is expected to account for
the largest share of the online language tutoring market. The segment’s large
share is attributed to the rising adoption of smart devices, coupled with
increasing internet penetration, the emergence of new online learning
platforms after the COVID-19 pandemic, the rising adoption of self-learning
apps, the surging use of social media platforms, and students’ preference for
learning at their own pace and flexibility. The segment is also projected to
register the highest CAGR during the forecast period.
Based on
geography, the online language tutoring market is segmented into North
America, Asia-Pacific, Europe, Latin America, and the Middle East &
Africa. In 2023, Asia-Pacific is expected to account for the largest share of
the online language tutoring market. The large market share of this region is
attributed to the increasing demand for language skills for work and
collaborations across borders, the high demand for multilingual professionals,
the rising adoption of self-learning apps in corporate training programs and
language institutes, the increasing demand for flexible and convenient
language learning-tutoring options, and the growing popularity of English
learning programs in the region. Asia-Pacific is also projected to register
the highest CAGR during the forecast period.
Key
Players:
The key
players operating in the online language tutoring market are Berlitz
Corporation (U.S.), Lesson Nine GmbH (Babble) (Germany), EF Education First
(Switzerland),
Preply Inc. (U.S.), italki HK Limited (China), Rosetta Stone, Inc. (U.S.),
Varsity Tutors (U.S.), Rype, Inc. (U.S.), Verbling, Inc. (U.S.), Pearson plc
(U.K.), Verbalplanet (U.K.), Kesson Group Inc. (Skooli) (Canada),
iTutorGroup (China), Cambly Inc. (U.S.), ST Tech Inc. (SkimaTalk) (Japan),
Starkid Limited (Hong Kong), Lingoda GmbH (Germany), Small Bridge Inc.
(Cafetalk) (Tokyo), Ambow Education Holding Ltd. (U.S.), Beijing Magic Ears
Technology Co., Ltd (China), Club Z! Inc. (U.S.), Revolution Prep. (U.S.),
Live Lingua (U.S.), Protostar Education (Hong Kong), mYngle BV (Netherlands),
Qkids Teacher (China), Vedantu Innovations Private Limited (India), TutorMe
(U.S.), and Cambridge University Press (U.K.).
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Key
Questions Answered in the Report:
Which are
the high-growth market segments based on learning mode, age group, language,
and end user?
What was the historical market size for the
online language tutoring market?
What are the market forecasts and estimates
for the period 2023–2030?
What are the major drivers, restraints,
opportunities, challenges, and trends in the online language tutoring market?
Who are the major players, and what shares do
they hold in the online language tutoring market?
How is the competitive landscape in the
online language tutoring market?
What are the recent developments in the
online language tutoring market?
What are the strategies adopted by major
players operating in the online language tutoring market?
What are the key geographic trends, and which
are the high-growth countries/regions?
Who are the local emerging players in the
global online language tutoring market, and how do they compete with the other
players?
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