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Korean Language Learning Market Share

Report ID: GMI9597
Published Date: May 2024
Report Format: PDF

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Korean Language Learning Market Share

Ewha Womans University Language Education Institute (LEI) offers comprehensive and immersive language programs. LEI offers a wide range of Korean language courses that cater to various proficiency levels, from beginners to advanced learners, emphasizing both linguistic skills and cultural understanding. These courses are designed to meet the needs of international students, expatriates, and professionals seeking to acquire or improve their Korean language proficiency for academic, personal, or professional reasons.

Duolingo, a global language learning platform, offers a user-friendly, gamified solution that appeals to a broad demographic, from young learners to adults. It offers a mobile app and website that provide interactive Korean lessons. The curriculum is designed to cater to beginners and intermediate learners, covering a wide range of topics from basic vocabulary and grammar to more complex sentences & dialogs. Duolingo's competitive scenario in the market is bolstered by its extensive product portfolio including language courses, podcasts, stories, and interactive exercises that enhance listening, reading & speaking skills. The company's freemium model, offering free access to courses with the option of a premium subscription for an ad-free experience and additional features, positions it as an accessible option for learners worldwide.

Players operating in the global Korean language learning industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. The market players also heavily invest in research & development to introduce innovative and technologically advanced solutions.

Korean Language Learning Market Companies

Some of the major players operating in the global Korean language learning industry are:

Duolingo
Ewha Womans University Language Education Institute
Hanyang University
Rosetta Stone LLC.
SNU Language Education Institute (Seoul National University)
Visang Education Inc
Yonsei University Korean Language Institute

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for korean language learning crossed USD 5.5 billion in 2023 and is expected to register over 20% CAGR from 2024-2032 owing to the growing trend toward Korean language proficiency, educational institutions and language learning centers worldwide.

Korean language learning industry from the online learning segment held over 60% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to growing acceptance of e-learning solutions in corporate training programs and educational institutions.

Asia Pacific industry held over 50% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the proliferation of online and mobile learning platforms in the region.

Ewha Womans University Language Education Institute, Hanyang University, Rosetta Stone LLC., SNU Language Education Institute (Seoul National University), Visang Education Inc, and Yonsei University Korean Language Institute, are some of the major Korean language learning companies worldwide.