Online Language Tutoring Market - Global Opportunity Analysis and Industry

1. Online Market to be Worth $12.7 Billion by 2030 Language Tutoring

2. Global Online Language Tutoring Market – 2024-2031 Meticulous Research®, a renowned global market research firm, has released a study named ‘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.’ As per the recent report by Meticulous Research®, the global market for online language tutoring is projected to expand at a compound annual growth rate (CAGR) of 20.2% between 2023 and 2030, reaching $12.7 billion by 2030. This growth is fuelled by rising demand for tailored learning, the expansion of e-learning, and the affordability of online language tutoring applications. Nonetheless, concerns regarding data security and privacy could impede market growth. The increasing demand for interacting with native speakers for conversational practice and cultural immersion, along with the expanding internet and mobile phone user populations, present growth prospects in the market. However, significant hurdles include the scarcity of proficient language instructors and restricted availability of high-speed internet and smart devices. Furthermore, notable trends involve the integration of artificial intelligence and adaptive learning, as well as the inclusion of gamification elements within online tutoring sessions. The worldwide online language tutoring market is divided into categories such as learning mode, age group, language, and end user. Additionally, the report assesses competitors within the industry and scrutinizes market dynamics at both regional and national levels. Based on learning mode, the online language tutoring market is categorized into two segments: one-on-one learning and group learning. In 2023, the one-on-one learning segment is anticipated to dominate the market. This dominance is attributed to the increasing demand for personalized learning experiences tailored to individual learning paces, as well as learners' emphasis on continuous self-improvement and skill development. However, the group learning segment is expected to exhibit a higher compound annual growth rate (CAGR) during the forecast period. This growth is driven by the benefits of group learning, such as exposure to diverse teaching methods and cultural insights, as well as the real-time feedback provided through in-person interactions. Based on age group, the online language tutoring market is segmented into age groups including <18 years, 18–20 years, 21–30 years, 31–40 years, and >40 years. In 2023, the <18 years segment is expected to hold the largest share of the market. This is primarily due to the growing adoption of digital tools in schools, increased interest in language learning among young students, a rise in smartphone usage, the popularity of educational apps for kids, the emergence of interactive language learning games online, and the expansion of e- learning platforms. However, the 18–20 years segment is forecasted to demonstrate the highest compound annual growth rate (CAGR) during the projected period. This growth is Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

3. Global Online Language Tutoring Market – 2024-2031 driven by factors such as the proliferation of language exchange programs, a preference for interactive learning experiences, and expanded opportunities for higher education. Based on language, the online language tutoring market is categorized into various languages including English, French, Spanish, Mandarin, German, Italian, Arabic, Japanese, Korean, and others. In 2023, the English segment is anticipated to hold the largest market share. This dominance is attributed to the increasing global population of English language learners, the growing emphasis on English education in schools and institutions, its crucial role in professional settings, and the rising investments in startups and smaller enterprises offering English language instruction. However, the Mandarin segment is expected to exhibit the highest compound annual growth rate (CAGR) during the forecast period. This growth is driven by the significant demand for Mandarin learning due to its economic and cultural importance, as well as the expanding business opportunities in China. Based on end user, the online language tutoring market is divided into segments comprising individual learners, educational institutes, government bodies, and corporate learners. In 2023, the individual learners’ segment is predicted to dominate the market. This dominance is linked to the growing utilization of smart devices and internet accessibility, the emergence of new online learning platforms post-COVID-19, the increasing popularity of self-learning applications, the widespread use of social media platforms, and students' inclination towards learning at their own pace and convenience. Furthermore, this segment is expected to exhibit the highest compound annual growth rate (CAGR) during the forecast period. Based on geography, the online language tutoring market is segmented into regions including North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is poised to hold the largest share of the market. This dominance is attributed to the escalating need for language proficiency in professional settings and cross-border collaborations, the high demand for professionals proficient in multiple languages, the uptake of self-learning apps in corporate training initiatives and language institutions, the increasing preference for flexible and accessible language learning options, and the growing popularity of English language programs in the region. Additionally, Asia- Pacific is anticipated to exhibit the highest compound annual growth rate (CAGR) during the forecast period. Key Players: Major players in the online language tutoring market include Verbalplanet (U.K.), Pearson plc (U.K.), Berlitz Corporation (U.S.), Lesson Nine GmbH (Babble) ST Tech Inc. (SkimaTalk), 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.), Magic Ears Technology Co., Ltd (China), Kesson Group Inc. (Skooli) (Canada), iTutorGroup (China), Cambly Inc. (U.S.), Starkid Limited (Hong Kong), Lingoda GmbH (Germany), Small Bridge Inc. (Cafetalk) (Tokyo), Ambow Education Holding Ltd. (U.S.), Beijing Club Z! Inc. (U.S.), Revolution Prep. (U.S.), Live Lingua (U.S.), Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

4. Global Online Language Tutoring Market – 2024-2031 Protostar Education (Hong Kong), TutorMe (U.S.), mYngle BV (Netherlands), Qkids Teacher (China), Vedantu Innovations Private Limited (India), and Cambridge University Press (U.K.). Download @ https://www.meticulousresearch.com/pressrelease/925/online-language- tutoring-market-2030 Sample Report Here Key Questions Answered in the Report: What are the market segments experiencing significant growth in terms of learning mode, age group, language, and end user? • What was the past market size of the online language tutoring industry? • What are the projected market forecasts and estimations for the period spanning from 2023 to 2030? • What are the primary factors fueling growth, limiting growth, presenting opportunities, posing challenges, and shaping trends within the online language tutoring industry? • Which companies are the key players and what proportions of the online language tutoring market do they control? • What does the competitive scenario look like within the online language tutoring market? • What are the latest advancements or updates observed in the online language tutoring market? • What strategies are being employed by key players in the online language tutoring market? • What are the notable geographical patterns, and which countries or regions are experiencing substantial growth within the online language tutoring market? • Which local newcomers are emerging in the global online language tutoring market, and how do they stack up against established competitors? • Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous- research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com