Language Learning Top Key Players Analysis: Duolingo Inc, Rosetta Stone, Berlitz Corporation, Memrise Inc., Sanako Corporation, Inlingua International Ltd., Babbel, Busuu Ltd, iTutor Group and More
According to a comprehensive study by Intellectual Market Insights Research, the global Language Learning Market size was valued at USD 36.79 Billion in 2021 and is projected to reach USD 187.54 Billion by 2028.
Language Learning Market Size, Share & Trends Analysis Report by Language Type, by Services, by End-User, Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2028.
Growing at a CAGR of 18.76% from 2021 to 2028.
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Headquarters: Berlin, Germany
About Us: Babbel GmbH, operating as Babbel, is a German subscription-based language learning software and e-learning platform, available in various languages since January 2008. Babbel is a premium, subscription-based language learning app for the web, iOS, and Android. Babbel currently offers 15 different languages from seven display languages (German, English (US + UK), French, Spanish, Brazilian Portuguese, Italian and Swedish)
The company had nearly 680 employees and had revenue of $217.71 Million.
Headquarters: Princeton, New Jersey
About Us: Berlitz Corporation is a language education and leadership training company based in Princeton, New Jersey. The company was founded in 1878 by Maximilian Berlitz in Providence, Rhode Island in the United States. Berlitz Corporation is owned by “Berlitz Holdings”, a company established through a 100% investment by ILSC Holdings LP, with more than 547 company-owned and franchised locations in more than 70 countries.
The company had nearly 18,000 employees and had revenue of $1.3 Billion.
Headquarters: London, United Kingdom
About Us: Busuu is a language learning platform on the web, iOS, and Android that allows users to interact with native speakers. Busuu was founded in May 2008 by Bernhard Niesner and Adrian Hilti. The company launched a free version of its website and opened its first office in Madrid. In 2009, Premium membership was introduced to access all platform features; in 2010, the first Busuu mobile app was launched.
The company had nearly 100 employees and had revenue of $45 Million.
Headquarters: Pittsburgh, Pennsylvania, United States
About Us: Duolingo is an American educational technology company that produces learning apps and provides language certification. The platform was founded in 2011 by Luis von Ahn and Severin Hacker and has since grown to become one of the most popular language-learning apps in the world.
The company had nearly 600 employees and had revenue of $369 Million.
Headquarters: Lucerne, Switzerland
About Us: EF Education First is an international education company that specializes in language training, educational travel, academic degree programs, and cultural exchange. The company was founded in 1965 by Bertil Hult in the Swedish university town of Lund. The company is privately held by the Hult family.
The company had nearly 52,000 employees and had revenue of $40.0 Billion.
About Us: inlingua International AG is a language school network founded in 1968 and based in Bern (Switzerland). It is an umbrella organization for the affiliated, legally independent language centers, which operate under a license agreement. In addition to monitoring its own brand, inlingua International AG also operates its own publishing house for teaching materials.
The company had nearly 1,500 employees and had revenue of $441.3 Billion.
Headquarters: Jericho, New York
About Us: iTutor also known as iTutor.com, is an online educational company that provides online tutoring and teaching services for K-12 students. Their learning management system delivers personalized learning services by state-certified educators, who work in conjunction with teachers in local school districts.
The company had nearly 750 employees and had revenue of $158.5 Million.
Headquarters: London, United Kingdom
About Us: Memrise is a British language platform that uses spaced repetition of flashcards to increase the rate of learning, combined with a GPT3-powered "AI-Language partner" that allows learners to practice human-like conversations, which Memrise believes can help learners to overcome the "confidence gap" in language acquisition. It is based in London, UK.
The company had nearly 75 employees and had revenue of $24.5 Million.
Headquarters: Arlington, Virginia, United States
About Us: Rosetta Stone Inc. is an American education technology software company that develops language, literacy, and brain-fitness software. Best known for its language-learning products, in 2013, the company expanded beyond language into education technology with its acquisitions of Livemocha, Lexia Learning, Fit Brains, and Tell Me More. In 2021, it became a subsidiary of IXL Learning.
The company had nearly 1375 employees and had revenue of $182.7 Million.
Headquarters: Munich, Germany
About Us: Speexx is the benchmark for excellence in digital on-the-job professional development. We use groundbreaking AI technology and a global network of top coaches to help large organizations everywhere to bring out the best in their people – with digital language training, skills assessment, and business coaching.
The company had nearly 1800 employees and had revenue of $51.1 Million.
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