Meticulous Research®—a leading global market research company, published a research report titled, ‘Language Learning Apps Market by Offering, Learning Mode (One-on-one, Group), Age Group, Language, End User (Individual Learners, Educational Institutes, Government Bodies, Corporate Learners), and Geography - Global Forecast to 2030’.
According to the latest report by Meticulous Research®, the global Language Learning Apps Market is projected to grow at a CAGR of 21.2% from 2023 to 2030, reaching $26 billion by 2030. This growth is driven by the expanding e-learning market, globalization, increasing demand for cross-border communication, and the cost-effectiveness of language learning apps. However, the lack of a comprehensive platform may hinder market growth.
Opportunities arise from increased spending in the education sector, a rising number of internet and mobile phone users, and the growing preference for multilingual employees by multinational companies. Nonetheless, challenges include ensuring the quality and effectiveness of learning materials, and limited access to high-speed internet or smart devices. The integration of AI and robot technology is a notable trend in the language learning apps market.
The market is segmented by offering, learning mode, age group, and end user. By offering, it is divided into online courses and apps, tutoring, and software as a service (SaaS). In 2023, the online courses and apps segment is expected to hold the largest market share, driven by the need for recognized certificates, access to educational content from anywhere, and government support for digital education. However, the tutoring segment is anticipated to register the highest CAGR due to the increasing demand for personalized learning experiences.
Based on learning mode, the market is segmented into one-on-one and group learning. The one-on-one learning segment is expected to dominate in 2023, driven by the need for personalized experiences and cost-effective alternatives to traditional language schools. However, the group learning segment is projected to grow at the highest CAGR due to its benefits in providing various teaching methods, real-time feedback, and peer evaluation.
The market is categorized by age group into 40 years. The