About Language Learning Development Software Market in APAC
Language learning software packages are designed to help content development for language learning programs. The demand for such products is significantly high in APAC, where there is healthy demand for the English language training (ELT) market in both corporate and academic sectors. Apart from the English language, APAC has an active market for foreign languages, such as French, Spanish, and Portuguese. As a result, vendors need to enhance and upgrade their software from time to time.
The software incorporates various features, which enables the creation of course content in multiple formats, such as video, graphics, and audio. Vendors are offering language learning to customers from both the corporate and the education domain. Language learning software enables the development of language course framework in line with industry requirements. For instance, FluentU has English language courses for various industries, such as aviation, hospitality, and finance.
Technavio’s analysts forecast the language learning development software market in APAC to grow at a CAGR of 14.12% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the language learning development software market in APAC for the period 2016-2020. To calculate the market size, it considers the revenue generated through the sales of online language learning software.
The market is divided into the following segments based on segments:
Technavio Announces the Publication of its Research Report – Language Learning Development Software Market in APAC 2016-2020
Technavio recognizes the following companies as the key players in the Language Learning Development Software Market in APAC: Linguatronics, Pimsleur, Rosetta Stone, and Transparent Language.
Other Prominent Vendors in the market are: Houghton Mifflin Harcourt, OKpanda, Onwards Learning, Sanoma, and Voxy.
Commenting on the report, an analyst from Technavio’s team said: “The providers of foreign language learning software are shifting to cloud-based platforms in a bid to tap heavy benefits. Such technology can help vendors offer a wide range of products and services to a large number of customers. Further, the use of cloud technologies helps users to reduce spending in terms of maintaining technology infrastructure, enable automatic software updates, streamline processes, increase collaboration, and achieve better control over documents.”
According to the report, the widespread use of consumer electronics and technologies, such as smartphones, tablets, and laptops, has widened the use of the mobile Internet in academia and in the corporate world. In addition, many companies have adopted bring your own device (BYOD) policies to enhance productivity and to boost workforce flexibility. Such technology-driven developments have enhanced the scope of m-learning.
Further, the report states that language learning has expanded beyond mobile apps and classroom programs. The wide array of training content and conducive learning environments offered by social networking sites are affecting the market share of vendors that offer products and services for a fee.
Linguatronics, Pimsleur, Rosetta Stone, Transparent Language, Houghton Mifflin Harcourt, OKpanda, Onwards Learning, Sanoma, Voxy.