PUBLISHER: Acute Market Reports | PRODUCT CODE: 1130009
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1130009
Cloud-Based Language Learning Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Rising Cloud- based Services Market to Boost the Growth of Cloud- based Language Learning Market
The cloud- based language learning market worldwide is set to grow with a CAGR of 10.4% during the estimation period from 2022 to 2030, starting from US$ 10.4% of 182.1 Mn in 2021. Growing education industry and rising cloud- based services penetration worldwide to enhance the demand for the market. Increasing investments by corporates for the training of their employees is also one of the key factors for the market growth. The benefits of cloud- based language learning such as flexibility, less cost, easy setup and others are helping the market growth. As a consequence, we expect that the market will show huge growth over the forecast period.
English Segment to Continue Leading the Market
The market by language is segmented into English, Spanish, Chinese, French, German, Japanese and others (Italian, Russian, etc.). In 2020, English language has its dominance with contribution of around 25% in the same year. As English is the most spoken language worldwide and widely adopted at educational institutes and corporates. Rising adoption of English language in the Asian countries such as India, Indonesia and others due to growing outsourcing work will also led the segment growth. Therefore, we expect that the English segment will continue its dominance throughout the forecast period.
The Asia Pacific will be the Fastest Growing Region
In 2021, North America dominates the market. North America contributed to around 35% of the revenue share in the same year. North America has its dominance owing to more number of students came for higher studies. On the other hand, we presume that the Asia Pacific will show the fastest growth during the forecast period. Developing economies of the Asia Pacific such as India and China will be the major contributor owing to growing adoption of digital learning methods in the countries. Rising digitization and government spending will also boost the market in the region. Consequently, we expect that the Asia Pacific will be the fastest-growing region during the forecast period. The growth of cloud computing services throughout Africa Continent is driving the growth of this region on the global market.
Some of the prominent players operating in the cloud- based language learning market: Duolingo, Linguatronics LC, Rosetta Stone Inc., Speexx, Lesson Nine GmbH, Sanako Corporation, SANS Inc., Culture Alley, Voxy Inc., EF Education First Ltd. Among others.
Historical & Forecast Period:
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. Key data point that enables the estimation of Cloud-Based Language Learning market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the Cloud-Based Language Learning market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
- Research Period: 2020-2030
- Base Year: 2021
- Forecast Period: 2022-2030
- Historical Year: 2020
- Unit: USD Million
Segmentation
Language
- English
- Spanish
- Chinese
- French
- German
- Japanese
- Others ( Italian, Russian, etc.)
Training Type
- Education
- Corporate
Region Segment (2020-2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
- Pre COVID-19 situation
- Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Cloud-Based Language Learning market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Cloud-Based Language Learning market?
- Which is the largest regional market for Cloud-Based Language Learning market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Cloud-Based Language Learning market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Cloud-Based Language Learning market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Cloud-Based Language Learning Market
- 2.2. Global Cloud-Based Language Learning Market, By Language, 2021 (US$ Million)
- 2.3. Global Cloud-Based Language Learning Market, By Training Type, 2021 (US$ Million)
- 2.4. Global Cloud-Based Language Learning Market, By Geography, 2021 (US$ Million)
- 2.5. Impact of Covid 19
- 2.6. Attractive Investment Proposition by Geography, 2021
- 2.7. Competitive Analysis
- 2.7.1. Market Positioning of Key Cloud-Based Language Learning Market Vendors
- 2.7.2. Strategies Adopted by Cloud-Based Language Learning Market Vendors
- 2.7.3. Key Industry Strategies
3. Cloud-Based Language Learning Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Cloud-Based Language Learning Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Cloud-Based Language Learning Market: By Language, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. English
- 4.3.2. Spanish
- 4.3.3. Chinese
- 4.3.4. French
- 4.3.5. German
- 4.3.6. Japanese
- 4.3.7. Others ( Italian, Russian, etc.)
5. Cloud-Based Language Learning Market: By Training Type, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Education
- 5.3.2. Corporate
6. North America Cloud-Based Language Learning Market, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Cloud-Based Language Learning Market: By Language, 2020-2030, USD (Million)
- 6.3. Cloud-Based Language Learning Market: By Training Type, 2020-2030, USD (Million)
- 6.4.Cloud-Based Language Learning Market: By Region, 2020-2030, USD (Million)
- 6.4.1.North America
- 6.4.1.1. U.S.
- 6.4.1.2. Canada
- 6.4.1.3. Rest of North America
- 6.4.1.North America
7. UK and European Union Cloud-Based Language Learning Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Cloud-Based Language Learning Market: By Language, 2020-2030, USD (Million)
- 7.3. Cloud-Based Language Learning Market: By Training Type, 2020-2030, USD (Million)
- 7.4.Cloud-Based Language Learning Market: By Region, 2020-2030, USD (Million)
- 7.4.1.UK and European Union
- 7.4.1.1. UK
- 7.4.1.2. Germany
- 7.4.1.3. Spain
- 7.4.1.4. Italy
- 7.4.1.5. France
- 7.4.1.6. Rest of Europe
- 7.4.1.UK and European Union
8. Asia Pacific Cloud-Based Language Learning Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Cloud-Based Language Learning Market: By Language, 2020-2030, USD (Million)
- 8.3. Cloud-Based Language Learning Market: By Training Type, 2020-2030, USD (Million)
- 8.4.Cloud-Based Language Learning Market: By Region, 2020-2030, USD (Million)
- 8.4.1.Asia Pacific
- 8.4.1.1. China
- 8.4.1.2. Japan
- 8.4.1.3. India
- 8.4.1.4. Australia
- 8.4.1.5. South Korea
- 8.4.1.6. Rest of Asia Pacific
- 8.4.1.Asia Pacific
9. Latin America Cloud-Based Language Learning Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Cloud-Based Language Learning Market: By Language, 2020-2030, USD (Million)
- 9.3. Cloud-Based Language Learning Market: By Training Type, 2020-2030, USD (Million)
- 9.4.Cloud-Based Language Learning Market: By Region, 2020-2030, USD (Million)
- 9.4.1.Latin America
- 9.4.1.1. Brazil
- 9.4.1.2. Mexico
- 9.4.1.3. Rest of Latin America
- 9.4.1.Latin America
10. Middle East and Africa Cloud-Based Language Learning Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Cloud-Based Language Learning Market: By Language, 2020-2030, USD (Million)
- 10.3. Cloud-Based Language Learning Market: By Training Type, 2020-2030, USD (Million)
- 10.4.Cloud-Based Language Learning Market: By Region, 2020-2030, USD (Million)
- 10.4.1.Middle East and Africa
- 10.4.1.1. GCC
- 10.4.1.2. Africa
- 10.4.1.3. Rest of Middle East and Africa
- 10.4.1.Middle East and Africa
11. Company Profile
- 11.1. Duolingo
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Portfolio
- 11.1.4. Strategic Initiatives
- 11.2. Linguatronics LC
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Portfolio
- 11.2.4. Strategic Initiatives
- 11.3. Rosetta Stone, Inc.
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Portfolio
- 11.3.4. Strategic Initiatives
- 11.4. Speexx
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Portfolio
- 11.4.4. Strategic Initiatives
- 11.5. Lesson Nine GmbH
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Portfolio
- 11.5.4. Strategic Initiatives
- 11.6. Sanako Corporation
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Portfolio
- 11.6.4. Strategic Initiatives
- 11.7. SANS Inc.
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Portfolio
- 11.7.4. Strategic Initiatives
- 11.8. Culture Alley
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Portfolio
- 11.8.4. Strategic Initiatives
- 11.9. Voxy Inc.
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Portfolio
- 11.9.4. Strategic Initiatives
- 11.10. EF Education First Ltd.0.
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Portfolio
- 11.10.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Cloud-Based Language Learning Market By Language, 2020-2030, USD (Million)
- TABLE 2 Global Cloud-Based Language Learning Market By Training Type, 2020-2030, USD (Million)
- TABLE 3 North America Cloud-Based Language Learning Market By Language, 2020-2030, USD (Million)
- TABLE 4 North America Cloud-Based Language Learning Market By Training Type, 2020-2030, USD (Million)
- TABLE 5 UK and European Union Cloud-Based Language Learning Market By Language, 2020-2030, USD (Million)
- TABLE 6 UK and European Union Cloud-Based Language Learning Market By Training Type, 2020-2030, USD (Million)
- TABLE 7 Asia Pacific Cloud-Based Language Learning Market By Language, 2020-2030, USD (Million)
- TABLE 8 Asia Pacific Cloud-Based Language Learning Market By Training Type, 2020-2030, USD (Million)
- TABLE 9 Latin America Cloud-Based Language Learning Market By Language, 2020-2030, USD (Million)
- TABLE 10 Latin America Cloud-Based Language Learning Market By Training Type, 2020-2030, USD (Million)
- TABLE 11 Middle East and Africa Cloud-Based Language Learning Market By Language, 2020-2030, USD (Million)
- TABLE 12 Middle East and Africa Cloud-Based Language Learning Market By Training Type, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Cloud-Based Language Learning Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Cloud-Based Language Learning Market: Quality Assurance
- FIG. 5 Global Cloud-Based Language Learning Market, By Language, 2021
- FIG. 6 Global Cloud-Based Language Learning Market, By Training Type, 2021
- FIG. 7 Global Cloud-Based Language Learning Market, By Geography, 2021
- FIG. 8 Global Cloud-Based Language Learning Market, By Language, 2021 Vs 2030, %
- FIG. 9 Global Cloud-Based Language Learning Market, By Training Type, 2021 Vs 2030, %
- FIG. 10 U.S. Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 11 Canada Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 12 Rest of North America Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 13 UK Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 14 Germany Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 15 Spain Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 16 Italy Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 17 France Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 18 Rest of Europe Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 19 China Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 20 Japan Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 21 India Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 22 Australia Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 23 South Korea Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 24 Rest of Asia Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 25 Brazil Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 26 Mexico Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 27 Rest of Latin America Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 28 GCC Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 29 Africa Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
- FIG. 30 Rest of Middle East and Africa Cloud-Based Language Learning Market (US$ Million), 2020 - 2030
