Global Online Language Learning Market Report (2017-2021) by Language, Product and End-User - Berlitz Languages, Linguatronics, Pearson ELT, Sanako, SANS are Dominating

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Apr 13, 2018, 09:30 ET

DUBLIN, April 13, 2018 /PRNewswire/ --

The "Global Online Language Learning Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.

Global online language learning market to grow at a CAGR of 18.97% during the period 2017-2021.

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.

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.

The report 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.

Key Vendors

Berlitz Languages
Linguatronics
Pearson ELT
Sanako
SANS Inc.

Other Prominent Vendors

Dexway
Houghton Mifflin Harcourt
Live Lingua
Macmillan Education
Rosetta Stone

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Introduction

5. Market Landscape

6. Market Segmentation by Language

7. Market Segmentation by Product

8. Market Segmentation by End-User

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/6vtpxq/global_online?w=5

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SOURCE Research and Markets