NEW YORK, Jan. 3, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global online language learning market size is estimated to grow by USD 81.55 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 27.5% during the forecast period. Cost benefits and flexibility of online language learning is driving market growth, with a trend towards artificial intelligence in language learning. However, threat from open sources poses a challenge. Key market players include Babbel GmbH, Berlitz Corp., Cengage Learning Inc., Chegg Inc., Duolingo Inc., Educational Testing Service, edX LLC, EF Education First Ltd., Enux Education Ltd., Houghton Mifflin Harcourt Co., inlingua International Ltd., iTutorGroup Inc., IXL Learning Inc., McGraw Hill LLC, New Oriental Education and Technology Group Inc., Sanako, Think and Learn Pvt. Ltd., uFaber, University of Oxford, and Voxy Inc..
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