The analysts forecast global online language learning market to grow at a CAGR of 10.9% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global online language learning market for 2016-2020. To calculate the market size, it considers the revenue generated through the sales of online language learning products and services. The market scope excludes revenue generated through free sources of services and products.
The following companies are the key players in the global online language learning market: Linguatronics, Pearson ELT, Sanako, and SANS. Other Prominent Vendors in the market are: Edusoft, Houghton Mifflin Harcourt, Mcmillan Education, McGraw-Hill Education, Onwards Learning, OKpanda, Oxford University Press, Rosetta Stone, Sanoma, and Voxy.
Inquire more about Global Online Language Learning Market 2016-2020 report at @ http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=607584
According to the online language learning market report a key growth driver is the demand from the corporate sector. Globalization and expansion into new geographies are increasing cultural diversity and communication patterns. Companies, largely, those involved in textile manufacturing, hospitality, retail and other services, which are heavily reliant on strong workforce, have to dedicate significant time and resources in strengthening their workforce.
The global online language learning market analyst said emerging trend which is boosting market growth is the deployment of language cloud services. The technology-aided learning environment, be it classrooms or workspaces, have facilitated smooth knowledge delivery. The entire ecosystem of storing, managing, and accessing information is fast shifting to the cloud. The adoption of the cloud-based services for language learning is playing an important role in boosting the growth of the global online language learning market. This development is supported in line with the increased Internet access by learners globally.
Order a copy of report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=607584
Global Online Language Learning Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Online language learning consists of digital content and solutions that facilitate the learning of languages through ICT tools and platforms, such as mobile apps, e-Books, games, videos, audio clips, digital software, learning lab equipment, and online tutoring. These tools and avenues are interactive, allow real-time feedback, and enhance learning processes as they involve different formats to impart information. Among the languages spoken globally, English has emerged as the most preferred language to learn followed by Mandarin Chinese.
Further, the report states that one challenge that could hamper market growth is the ever present threat from MOOCs. These open-source solutions allow a large number of learners to enroll in courses free of charge. For instance, Duolingo provides numerous courses on language learning for free to learners. Users in varied industries such as healthcare, automotive, and education are largely using these open sources to leverage their language skills.
RnR Market Research
RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.
Connect with Us:
G+ / Google Plus: https://plus.google.com/104156468549256253075/posts
RSS / Feeds: http://www.rnrmarketresearch.com/feed
P: + 1 888 391 5441