Europe Corporate Language Learning Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Business Type (Business-to -Business, Business-to-Customer); Language Type (English, Mandarin, Spanish, German, Others), and Countries
Market Introduction
The corporate language learning market in Europe is propelled by factors such as rising globalization, employee development, and the advent of new technologies. Several companies are recognizing the significance of having multilingual employees across different business lines and functions, which is boosting the corporate language learning market. The acquisition of multilingual employees in an organization delivers numerous benefits in terms of international growth, including enhanced customer service, general business growth, and business development.
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Market Overview and Dynamics
The Europe corporate language learning market was valued at US$ 266.7 million in 2019 and is projected to reach US$ 749.6 million by 2027; it is expected to grow at a CAGR of 14.1% from 2020 to 2027. Companies are investing in language learning to increase the productivity of their employees. In corporate world, communication is an essential factor for national as well as international business operations; however, international operations create barriers concerning diverse languages. Miscommunication can directly impact a company’s profitability and expansion. Also, unsuccessful communication with a client could lead to the end of a business-client relationship. Additionally, miscarried communication with key partners or suppliers may have severe strategic and financial problems.
Language learning has been a vital part of international businesses. Enterprises in the UK are focusing on prioritizing language learning owing to Brexit. Enterprises are seeking to work with global suppliers and clientele potentially. The companies in the UK are aiming to attain a stable base in a changing political climate. Language learning is an important factor, as lack of language skills would result in losing a competitive edge. Thus, as an integral part of company’s global expansion, language learning programs help their employees better engage with customers, suppliers, and other stakeholders in the native language, resulting in enhanced conversations and productive outcomes. Therefore, to keep up globalization, several organizations in the European region are including second language learning programs in their key company strategies, which is propelling the growth of corporate language learning market.
Key Market Segments
Based on business type, the Europe corporate language learning market is bifurcated into business-to-business and business-to-customer. Based on learning type, Europe corporate language learning market is segmented into English, Mandarin, Spanish, German, and Others.
Major Sources and Companies Listed
The market for corporate language learning is fragmented, and it is expected that the level of fragmentation would increase during the forecast period. Some of the key players profiled in the corporate language learning market research study include Berlitz Corporation, Busuu Ltd, EF Education First, fluenz, inlingua International Ltd., Learnlight, Lesson Nine GmbH, Lingoda GMBH, Memrise Limited, and Rosetta Stone Ltd.
Reasons to buy report
- To understand the Europe Corporate Language Learning Market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead of the race by comprehending the ever-changing competitive landscape for the Europe Corporate Language Learning Market
- To efficiently plan M&A and partnership deals in the Europe Corporate Language Learning Market by identifying market segments with the most promising probable sales
- To help take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments of the Europe Corporate Language Learning Market
- To obtain revenue forecast for market by various segments from 2020 to 2027 in Europe
EUROPE CORPORATE LANGUAGE LEARNING MARKET SEGMENTATION
Europe Corporate Language Learning Market– by Business Type
- Business-to –Business
- Business-to-Customer
Europe Corporate Language Learning Market– by Language Type
- English
- Mandarin
- Spanish
- German
- Others
Company Profiles:
- Berlitz Corporation
- Busuu Ltd
- EF Education First
- Fluenz
- inlingua International Ltd.
- Learnlight
- Lesson Nine GmbH
- Lingoda GMBH
- Memrise Limited
- Rosetta Stone Ltd
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Corporate Language Learning Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Corporate Language Learning - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising demand for innovative and effective learning programs among corporates
5.1.2 Increasing cross-border trade
5.2 Market Restraints
5.2.1 Lack of investment in language learning by SMEs
5.3 Market Opportunities
5.3.1 Self-paced language learning
5.4 Future Trends
5.4.1 Virtual and blended learning
5.5 Impact Analysis of Drivers and Restraints
6. Corporate Language Learning – Europe Market Analysis
6.1 Corporate Language Learning Market Overview
6.2 Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning- Top 5 Players
7. Corporate Language Learning Market Analysis – By Business Type
7.1 Overview
7.2 Corporate Language Learning Market, By Business Type (2019 and 2027)
7.3 Business-to-Business
7.3.1 Overview
7.3.2 Business-to-Business: Corporate Language Learning Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Business-to-Customer
7.4.1 Overview
7.4.2 Business-to-Customer: Corporate Language Learning Market– Revenue and Forecast to 2027 (US$ Million)
8. Corporate Language Learning Market Analysis – By Language Type
8.1 Overview
8.2 Corporate Language Learning Market, By Language Type (2019 and 2027)
8.3 English
8.3.1 Overview
8.3.2 English: Corporate Language Learning Market– Revenue and Forecast to 2027 (US$ Million)
8.4 Mandarin
8.4.1 Overview
8.4.2 Mandarin: Corporate Language Learning Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Spanish
8.5.1 Overview
8.5.2 Spanish: Corporate Language Learning Market – Revenue and Forecast to 2027 (US$ Million)
8.6 German
8.6.1 Overview
8.6.2 German: Corporate Language Learning Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Corporate Language Learning Market – Revenue and Forecast to 2027 (US$ Million)
9. Corporate Language Learning Market – Geographic Analysis
9.1.1 Europe: Corporate Language Learning Market, by Key Country
9.1.1.1 Germany: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.1.1 Germany: Corporate Language Learning Market, by Business Type
9.1.1.1.2 Germany: Corporate Language Learning Market, by Language Type
9.1.1.2 UK: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.2.1 UK: Corporate Language Learning Market, by Business Type
9.1.1.2.2 UK: Corporate Language Learning Market, by Language Type
9.1.1.3 France: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.3.1 France: Corporate Language Learning Market, by Business Type
9.1.1.3.2 France: Corporate Language Learning Market, by Language Type
9.1.1.4 Italy: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.4.1 Italy: Corporate Language Learning Market, by Business Type
9.1.1.4.2 Italy: Corporate Language Learning Market, by Language Type
9.1.1.5 Russia: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.5.1 Russia: Corporate Language Learning Market, by Business Type
9.1.1.5.2 Russia: Corporate Language Learning Market, by Language Type
9.1.1.6 Rest of Europe: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.1.6.1 Rest of Europe: Corporate Language Learning Market, by Business Type
9.1.1.6.2 Rest of Europe: Corporate Language Learning Market, by Language Type
10. Europe Corporate Language Learning Market - COVID-19 Impact Analysis
10.1 Overview
10.1.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Corporate Language Learning Market-Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
12. Company Profiles
12.1 Berlitz Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 fluenz
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 INLINGUA INTERNATIONAL LTD.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 LINGODA GMBH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 LEARNLIGHT
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 LESSON NINE GMBH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 MEMRISE INC.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 ROSETTA STONE INC.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 BUSUU LTD.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 EF EDUCATION FIRST
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. Germany: Corporate Language Learning Market, by Business Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. Germany: Corporate Language Learning Market, by Language Type –Revenue and Forecast to 2027 (US$ Million)
Table 4. UK: Corporate Language Learning Market, by Business Type –Revenue and Forecast to 2027 (US$ Million)
Table 5. UK: Corporate Language Learning Market, by Language Type –Revenue and Forecast to 2027 (US$ Million)
Table 6. France: Corporate Language Learning Market, by Business Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. France: Corporate Language Learning Market, by Language Type –Revenue and Forecast to 2027 (US$ Million)
Table 8. Italy: Corporate Language Learning Market, by Business Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Italy: Corporate Language Learning Market, by Language Type –Revenue and Forecast to 2027 (US$ Million)
Table 10. Russia: Corporate Language Learning Market, by Business Type –Revenue and Forecast to 2027 (US$ Million)
Table 11. Russia: Corporate Language Learning Market, by Language Type –Revenue and Forecast to 2027 (US$ Million)
Table 12. Rest of Europe: Corporate Language Learning Market, by Business Type –Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of Europe: Corporate Language Learning Market, by Language Type –Revenue and Forecast to 2027 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Corporate Language Learning Market Segmentation
Figure 2. Corporate Language Learning Market Segmentation – By Countries
Figure 3. Europe Corporate Language Learning Market Overview
Figure 4. Europe Corporate Language Learning Market – Business Type Analysis
Figure 5. Europe Corporate Language Learning Market – Language Type Analysis
Figure 6. Europe Corporate Language Learning Market – Country Analysis
Figure 7. Europe: PEST Analysis
Figure 8. Corporate Language Learning Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. Corporate Language Learning Market Impact Analysis of Drivers and Restraints
Figure 11. Europe: Corporate Language Learning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Corporate Language Learning Market Revenue Share, by Business Type (2019 and 2027)
Figure 13. Business-to-Business: Corporate Language Learning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Business-to-Customer: Corporate Language Learning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Corporate Language Learning Market Revenue Share, by Language Type (2019 and 2027)
Figure 16. English: Corporate Language Learning Market– Revenue and Forecast to 2027 (US$ Million)
Figure 17. Mandarin: Corporate Language Learning Market– Revenue and Forecast to 2027 (US$ Million)
Figure 18. Spanish: Corporate Language Learning Market– Revenue and Forecast to 2027 (US$ Million)
Figure 19. German: Corporate Language Learning Market– Revenue and Forecast to 2027 (US$ Million)
Figure 20. Others: Corporate Language Learning Market– Revenue and Forecast to 2027 (US$ Million)
Figure 21. Europe: Corporate Language Learning Market Revenue Share, by Key Country (2019 and 2027)
Figure 22. Germany: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. UK: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 24. France: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. Italy: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 26. Russia: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Rest of Europe: Corporate Language Learning Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Impact of COVID-19 Pandemic in Europe Country Markets
The List of Companies - Europe Corporate Language Learning Market
- BERLITZ CORPORATION
- FLUENZ
- INLINGUA INTERNATIONAL LTD.
- LINGODA GMBH
- LEARNLIGHT
- LESSON NINE GMBH
- ROSETTA STONE INC
- BUSUU LTD.
- EF EDUCATION FIRST
- MEMRISE INC
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the corporate language learning market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to market.