Published on 29 Feb 2024 on Insider Monkey via Yahoo Finance
In this article, we will look at 18 of the easiest languages for English speakers to learn. We will also analyze the online language-learning market and key players in the language-learning industry. If you want to skip our detailed analysis, you can directly go to 5 of the Easiest Languages for English Speakers to Learn.
Online Language Learning Market
According to a report by Kings Research, the global online language-learning market was valued at $15.26 billion in 2022. The market is expected to grow at a compound annual growth rate of 13.74% to reach $41.63 by 2030. Some factors driving growth in the online language-learning industry include increased demand for cross-border communications, globalization trends, and an expanding e-learning industry. Moreover, regarding employability, language learning has emerged as an in-demand skill. Potential employers, especially multinational companies, prefer multilingual employees as it benefits the organization and increases the prospects of a diverse customer base. According to a survey conducted by Ipsos Public Affairs for the American Council on the Teaching of Foreign Languages, 9 out of 10 employers in the US seek employees proficient in multiple languages. In addition, this trend toward multilingualism is expected to rise in the coming years. The survey also found that Spanish, Chinese, and French languages are particularly in demand. You can also look at the Top 20 Languages with the Hardest Grammar for English Speakers and the 16 Easiest Languages for Spanish Speakers to Learn.