Global Online Language Subscription Courses Market 2018-2022
About Online Language Subscription Courses
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.
Technavio’s analysts forecast the global online language subscription courses market to grow at a CAGR of 18.75% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global online language subscription courses market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Online Language Subscription Courses Market 2018-2022
Technavio recognizes the following companies as the key players in the global online language subscription courses market: Babbel, Berlitz Languages, LINGUATRONICS, Pearson ELT (Pearson), and Rosetta Stone.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is deployment of cloud-based services. The online language courses market research report identifies the growing deployment of cloud-based services that will drive the growth of the market throughout the forecast period. Owing to the increasing adoption of technology-aided tools and techniques, course providers are efficiently delivering knowledge to a wide audience.”
According to the report, one driver in the market is increase in m-learning of languages. Due to the advent of digital learning, the education market along with the language learning market will acquire major market shares. The appeal of language learning courses is increased using an appropriate blend of different media that is presented in various appealing ways.
Further, the report states that one challenge in the market is growth in MOOCs. The increase in number of MOOCs coupled with the rising number of professionals who develop content for MOOCs is posing as a threat for the online language subscription courses market.