Asia-Pacific Online Language Learning Market to Surge, Projected to Reach $22.5 Billion by 2030
The Asia-Pacific Online Language Learning Market is projected to reach $22.5 billion by 2030, at a CAGR of 23.6% during the forecast period 2023–2030. The growth of this market is driven by the increasing importance of English in business and professional areas, globalization and the growing need for communication across borders, and the growing e-learning market. The increasing spending on education and the rising penetration of the Internet and smartphone user base is expected to create market growth opportunities.
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