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Language Learning Games Market Report Overview
The global language learning games market size is anticipated to be worth USD 995.84 million in 2022 & the market is projected to touch USD 15,175.31 million in 2031 with a CAGR of 30.22% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Language learning games are softwares that help in learning a new language. New languages are very difficult to learn, however learning them can be made fun and easy with the help of such learning games. Certain techniques and special strategies are implemented in such language learning games and they are used by many people.
Digitalization is increasing in all of the industries. This has resulted in increased usages of many gadgets like phones and laptops. These are considered as the latest trends in market.
Language learning games can be easily installed due to the rapid growth of 3G and 4G. Critical thinking and other beneficial skills can be developed using these games. These are considered as the factors driving the language learning games market share.
COVID-19 impact: Increase in Leisure Time During Pandemic Decreased Market Growth
The pandemic of COVID-19, created a lot of barriers for many industries across the globe. Problems in transportation and mobility presented itself during this time. But the online industries and markets were not affected due to the pandemic. Language learning games were in high demand during the pandemic.
When people had to stay at their homes forcefully, they had a lot of leisure time in which people attempted to learn new skills. Learning a new language increased making way to an increase in the demand for language learning games. Hence there was a considerable growth in the market during the pandemic.
LATEST TRENDS
"Growing Popularity of Digital Games Among Children to Increase Market Growth"
After the pandemic hit the world, digitalization became a very common phenomenon. Everything started becoming digital including education. This increased the use of gadgets like smart phones, laptops, computers and tablets.
Along with increase in usage of such digital gadgets the popularity of digital games among the younger generation has also increased. Learning a new language in the form of a game involves a lot of fun aspects. This is the major reason that has attracted a lot of youngsters towards this game. This is one of the noticeable developments happening in the market.
Language Learning Games Market SEGMENTATION
By Type:
The market can be divided on the basis of type as follows:
English, German, French, Chinese, Japanese, Spanish, and, Others. The English segment is expected to hold the dominant market share through 2031.
By Application:
Classification based on application is as follows:
Kids, and, adults. Kids segment is predicted to dominate the market through 2031.
DRIVING FACTORS
"Rapid Coverage of 3G and 4G Networks to Amplify Market Growth"
3G and 4G networks are rapidly growing and increasing their coverage. Availability of quick networks and easy internet connections is another factor amplifying the market growth. Easy understandability of instructions provided by these game softwares is also helping the learners quickly grasp different languages.
These language learning games are developed in such a way that they provide a personalized experience to each and every user. In certain softwares there are tutors who help the learners understand and learn the language better. A lot of aspects like pronunciations, spelling, vocabulary and spellings are also covered. All of these factors are bound o bring vast market opportunities in the market.
"Development of Critical Thinking and Problem-Solving Skills to Develop Market"
Along with helping people learn a new and distant language these softwares and games are very helpful in developing some very important skills like critical thinking and problem solving. This factor is aiding the language learning games market growth.
With such games the learners can easily make out game logics, and causations. Assertion and reasoning skills are also developed. Student engagement and high motivation along with situational learning are a few other benefits of using these language learning games.
RESTRAINING FACTOR
"Increasing Addiction and Screen Time to Decrease Market Growth"
Even though these games provide a great opportunity to learn different languages with reasonable amount of ease they have a few drawbacks as well. One such disadvantage of using these games is that they can lead to addictions. This can hamper the language learning market share.
Learners are exposed to a lot of screen time. It can also lead to the decrease in productivity of the users. All games are not well developed and most of them are mere distractions rather than helping learners learn a new language. All of these factors have brought down the demand for the market.
Language Learning Games Market Regional Insights
"North America to Dominate the Market Growth During the Forecast Period"
The North American region is seen to dominate the market in terms of the shares held. Games have a lot of scope in many countries. Children and youngsters form the main consumers of this market. Technology and digitalization have also contributed in the market growth.
Implementation of a few technologies like coding and artificial intelligence help in developing the language learning games market. Increasing number of game developers coming from this region is the main reason for the domination of North America in this market.
Key Industry Players
"Leading Players adopt Acquisition Strategies to Stay Competitive "
Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position in the recent days. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market. Key market players have adopted unique strategies to flourish in the market.
LIST OF TOP LANGUAGE LEARNING GAMES COMPANIES
- IXL Learning (U.S.)
- Go Kids, Inc. (Canda)
- Rosetta Stone Ltd (U.S.)
- Memrise (U.K.)
- Duolingo (U.S.)
- SignSchool Technologies LLC (U.S.)
- Lesson Nine GmbH (Babbel) (Germany)
- HelloTalk (Hong Kong)
- JumpStart Games, Inc (U.S.).
- INNOVATIVE Language Learning (Japan)
- MindSnacks (U.S.)
- SMARTSTUDY (South Korea)
- GeekSLP (U.K.)
- DOMOsoft (Germany)
Report Coverage
The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 995.84 Million in 2022 |
Market Size Value By |
US$ 15175.31 Million by 2031 |
Growth Rate |
CAGR of 30.22% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the language learning games market expected to touch by 2031?
The language learning games market projected and estimated to touch USD 15,175.31 million in 2031 during the forecast period.
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What CAGR is the language learning games market expected to exhibit by 2031?
The language learning games market is expected to exhibit a CAGR of 30.22% by 2031.
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Which are the driving factors of the language learning games market?
Language learning games can be easily installed due to the rapid growth of 3G and 4G. Critical thinking and other beneficial skills can be developed using these games. These are considered as the factors driving the language learning games market share
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Which are the top companies operating in the language learning games market?
IXL Learning, Go Kids, Inc., and, Rosetta Stone Ltdare some of the top companies operating in the language learning games market.