Corporate Online Language Learning Market in US 2017-2021
About CORPORATE ONLINE LANGUAGE LEARNING
Language learning through online mode requires organizations to include several software solutions that facilitate the creation, management, and delivery of language training. It comprises online language learning content, content delivery platforms, such as LMS, computing hardware, apps, content authoring tools, digital libraries, and other digital software. The online platform is interactive, allows real-time feedback, and enhances learning processes as these involve different formats.
Technavio’s analysts forecast the corporate online language learning market in the US to grow at a CAGR of 16.23% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the corporate online language learning market in the US for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of the digital foreign language learning products and services provided by the language learning institutions and online language learning service providers.
Technavio's report, Corporate Online Language Learning Market in the US 2017-2021, 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.
Technavio Announces the Publication of its Research Report – Corporate Online Language Learning Market in the US 2017-2021
Technavio recognizes the following companies as the key players in the corporate online language learning market in the US: EF Education First, Linguatronics, Pearson, and Rosetta Stone.
Other Prominent Vendors in the market are: Berlitz, Cactus Worldwide, inlingua International, Learnship Networks, and Voxy.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is language learning through wearable technology. Wearable technologies, such as HoloLens, fitness trackers, smart watches, and smart glasses are dynamically changing the scenario of how consumers are served. The providers of these technologies are rapidly updating features to improve the product quality and their suitability for varied purposes. These devices have applications in the language learning market and are assisting learners to learn languages in an advanced manner. They capture information on a real-time basis and track user interaction with the device against various parameters.”
According to the report, one of the major drivers for this market is deployment of analytics. Analytics-embedded foreign language learning programs are increasingly available for academic and non-academic learners. Analytics is a powerful tool for vendors as it can collect information pertaining to various aspects of learner interaction with the program. The online language learning methodology results in the creation of several trails, which are captured by these analytical tools. With the help of relevant granular information, vendors are applying adaptive learning and creating specific content that aligns with the learner's requirements.
Further, the report states that one of the major factors hindering the growth of this market is ineffective MDM implementation. Enterprise mobility management (EMM) is the primary concern among organizations in order to build and run an online workplace environment. Any organization that intends to promote an online workplace culture must have strong EMM policies in place. It will ensure secure use of mobile devices, such as tablets, by the employees and increasing productivity while being connected to other employees 24/7. An EMM strategy includes elements of mobile information management (MIM), mobile application management (MAM), and mobile device management (MDM). MAM is deployed to control users’ access to varied applications, MDM is used for administering mobile device usage, and MIM ensures data security by encrypting sensitive information and controls data access applications.
EF Education First, Linguatronics, Pearson, and Rosetta Stone. Other Prominent Vendors in the market are: Berlitz, Cactus Worldwide, inlingua International, Learnship Networks, and Voxy.
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