50 Most Spoken Languages in the World

In This Article:

In this article, we will be covering the 50 most spoken languages in the world. If you want to skip our analysis, you can go directly to the 20 Most Spoken Languages in the World.

Learning New Languages

In a world so connected, language is the key to communication between people. Approximately 7,118 living languages are spoken by the 8 billion people on the planet. Some of them, especially English and Mandarin Chinese, have gained an institutional status globally whilst others are spoken in communities and are recognized as stable languages.

Languages are vectors of thoughts, a means to preserve culture and a tool to understand and learn. Learning new languages for trade, travel, education, military strategies, and religious purposes has been a norm throughout history. In today’s world, while all of the above reasons are still valid, career advancement and personal enrichment have become reasons to learn new languages. This has presented an avenue for companies like Duolingo Inc. (NASDAQ:DUOL), Coursera Inc. (NYSE:COUR) and Meta Platforms Inc. (NASDAQ:META) to expand into and provide platforms for people to learn new languages from the ease of their homes. Real-time translation tools have allowed organizations to expand into international markets by maintaining cross-lingual communication.

Duolingo Inc. (NASDAQ:DUOL) is an industrial leader in the arena of developing interactive tools to teach languages with courses in over 40 languages and 500 million registered users. The company has a freemium business model with free access to the basic features its platform offers. On September 6, Duolingo Inc. (NASDAQ:DUOL) launched a new gamified tool for users to learn all 3 Japanese writing systems. Earlier this year, Duolingo Inc. (NASDAQ:DUOL) introduced ‘Duolingo Max’ in collaboration with OpenAI leveraging the use of artificial intelligence to provide personalized language lessons.

Coursera Inc. (NYSE:COUR) is an online learning platform that offers professional degrees and courses, online, to anyone, anywhere in the world. It also provides comprehensive courses by professors from leading universities to learn new languages. The platform has courses for over 40 languages. On July 27, the company reported earnings for the fiscal second quarter of 2023 in which it generated a revenue of $153.70 million, up 23.20% year over year.

The Machine Translation Industry: An Analysis

Machine translation is the use of artificial intelligence to translate speech and text from one language to another. According to a report by Global Market Insights published in August 2023, the machine translation market was valued at $982.2 million in 2022. The industry is expected to grow at a compound annual growth rate of 22.8% and reach $7.57 billion by 2032.