Garner Insights

Online Language Training Market Set to Grow at a CAGR of 18.97% During 2018-2023

One trend in the market is embedded analytical features. During the early stages of online language learning market, most vendors focused on entering this market by converting traditional learning content into digital format. As the next stage of development, to ensure learners have access to the appropriate content and to provide individualized learning, vendors began to embed analytics into language learning solutions.

 

Pune, India -- (SBWIRE) -- 08/20/2018 -- Summary:
Latest Research Report on Global Online Language Training Market Added by Garner Insights which covers Market Overview, Future Economic Impact, Competition by Manufacturers, Supply (Production), & Consumption Analysis

The Online Language Training Market research study relies upon a combination of primary as well as secondary research. Online language learning is the process of acquiring proficiency in different languages by using the digital medium. Online language learning enables learners to acquire language skills with the assistance of software tools, games, interactive learning methods, entertainment learning, and apps. Language learning during the past couple of years has gained momentum. Among numerous languages spoken worldwide, English has emerged as the most preferred language to learn, after the Chinese Mandarin. With the advent of the internet, ICT tools are being used to provide learning content in digital formats.

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The report also profiles some of the major players functioning in the Global Online Language Training Market, on the basis of various factors such as the company overview, revenue, product offering (s), key development (s), business strategies, Porter's five forces analysis, and SWOT analysis.

Key players
Some of the major players profiled in this report include Berlitz Languages, Linguatronics, Pearson ELT, Sanako, SANS, Dexway, Houghton Mifflin Harcourt, Live Lingua, Macmillan Education

Market Scenario:

One driver in the market is the rise in online language learning start-ups. There has been an increase in the number of start-ups entering the online language learning space, attracting a new cohort of language learners globally. Factors, such as increased capital inflows coupled with the surge in demand for language education have contributed to the emergence of start-ups in the online language learning market. High investments from various venture capitalists have led to the establishment of these start-ups in the market. To thrive in the language learning market and gain a competitive edge, these start-ups must continuously adopt new technologies and upgrade their product and service offerings.

Further, the report states that one challenge in the market is high cost of implementation. Online language learning courses are used by educational institutions and language learning centers that require a collaborative learning environment. While larger institutes can afford to invest in e-learning and m-learning programs, and training facilities, such as interactive whiteboards, PCs, and mobile devices for students, smaller institutions cannot, deterring their use. In addition, individual coursework that incorporates small audio clips come with an expensive price tag. Although the subscription cost for these courses is affordable, costs involved in procuring hardware, software, and setting up language labs are high. This will pose a challenge to the global online language learning market during the forecast period.

Online Language Training Market Segmentation By Types And Application:  

By Types: English, Mandarin, Spanish, Arabic, Others

By Applications: Individual learners, Institutional learners

Regional analysis
Based on geographies Online Language Training market has been analyzed as:
United States, Europe, China, Japan, Southeast Asia, India, Central & South America

The main points which are answered and covered in this Report are-

What will be the total Online Language Trainingmarket size in the coming years till 2021?
What will be the key factors which will be overall affecting the industry?
What are the various challenges addressed?
Which are the major companies included?

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Following Sections to show the Online Language Training Market showcase
Section 1: Industry: Overview, Development of Market Segment, Upstream, Downstream and Cost Analysis
Section 2: Industry Environment: Policy, Economics, Sociology, and Technology
Section 3: Supply (Production), Consumption, Export, Import by Region (2012-2017)
Section 4: Industrial Chain, Sourcing Strategy and Downstream Buyers
Section 5: Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis
Continued…

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About Garner Insights.com
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the Online Language Training market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.