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The Online English Learning Platform Market Report 2023 report provides the latest industry data and future industry trends.The forecast market information, SWOT analysis, market scenario, and feasibility study are the vital aspects analyzed in this report. The worldwide market for English language learning, assessed at US$21.3 billion in 2022 but predicted to reach US$70.7 billion by 2029, is expected to expand at a CAGR of 16.3% over the study period of 2023 to 2029 in the altered post-COVID-19 business environment.
The low cost of English language learning applications, the rising demand for English in business and professional fields, and rising expenditures in start-ups and small English-teaching businesses are all factors influencing the development of this market. Opportunities for market expansion are anticipated to result from rising expenditure on the education industry and international education (TNE). In addition, e-learning and robot and artificial intelligence (AI) technology are significant trends in the worldwide English language learning industry. The lack of qualified teachers of English, however, poses a significant problem for the market's participants.
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Some of the key players profiled in the study are VIPkid, Cambly, 51Talk, DaDa, Etalk, FluentU, Memrise, British Council, Coursera, Break Into English, Podia and other Prominent players.
China Online Education Group Announces Guidance Update BEIJING, July 20, 2021 China Online Education Group (“51Talk,” or the“Company”) (NYSE: COE), a leading online education platform in China with core expertise in English education, announced today that the Company expects its net revenues for the second quarter of 2021 to be between RMB575 million and RMB580 million, compared with the guidance of between RMB597 million and RMB603 million provided on May 17, 2021.
VIPKid is entering a new stage, and an exciting one at that! The company is launching a global platform that officially opens up English language classes to students around the world. The global platform will provide an international learning experience for students everywhere. Teachers will have the chance to refer new students to the platform and help VIPKid grow our student base globally. Our goal is to create more opportunities for the VIPKid teacher community.
Competition is an important issue in any market research analysis . With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Online English Learning Platform market. The major and emerging players of the Online English Learning Platform Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors . This will help players familiarize themselves with the movements of their toughest competitors in the Online English Learning Platform market.
The segmental analysis section of the report includes a thorough research study on key type and application segments of the Online English Learning Platform market.
Online English Learning Platform Market ( By Type )
Exams Use
Business Use
Everyday Use
Others
Online English Learning Platform Market ( By Application )
Adults
Children
Companies
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Important years considered in the Online English Learning Platform study:
Historical year – 2017-2023; Base year – 2023; Forecast period ** – 2023 to 2029 [** unless otherwise stated]
If opting for the Global version of Online English Learning Platform Market; then the below country analysis would be included:
– North America (the USA, Canada, and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland, and the Rest of Europe)
– Asia-Pacific ( Asia-Pacific (APAC) region is expected to account for the largest share of the global online language learning market in 2022. The large share of the Asia-Pacific market is attributed to the growing government focus on the education sector, the high adoption of digital technologies in educational facilities, and high education expenditure in the region. In addition, rapidly developing economies, various schemes launched for supporting digitization in education, and increasing disposable income leading to the penetration of the Internet contributes to the high growth of the online language learning market in Asia-Pacific. )
– South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)
– the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Reasons to Procure this Report:
(A) The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.
(B) The report provides Online English Learning Platform market revenues at the worldwide, regional, and country levels with a complete analysis to 2029 permitting companies to analyze their market share and analyze projections, and find new markets to aim for.
(C) The research includes the Online English Learning Platform market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.
(D) Online English Learning Platform market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.
(E) This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.
(F) The study helps evaluate Online English Learning Platform business predictions by region, key countries, and top companies' information to channel their investments.
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What is new in 2023?
– Major developments that can change the business landscape as well as market forecasts.
– Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
– Coverage of new market players and change in the market share of existing players of the Online English Learning Platform market.
– Updated financial information and product portfolios of players operating in the Online English Learning Platform market.
– Updated market developments of the profiled players.
– Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customer's business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Online English Learning Platform.
20% Customization of this Report:
-20% customization.
-Five Countries can be added as per your choice.
-Five Companies can added as per your choice.
-customization upto 40 hours.
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