Language Training Market in India 2017-2021
About Language Training
Language training has emerged as one of the key skills among the students and teachers in India as it provides an added advantage to both, the qualifications as well as the salaries. Indians have realized the importance of adding at least one foreign language in their children's curriculum. With the rapid outsourcing and industrialization, India has become a hub for many foreign companies.
Technavio’s analysts forecast the language training market in India to grow at a CAGR of 18.54% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the language training market in India for 2017-2021. To calculate the market size, the report considers revenues generated by language training companies and centers in India by delivering language training services.
Technavio's report, Language Training Market in India 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 – Language Training Market in India 2017-2021
Technavio recognizes the following companies as the key players in the language training market in India: British Council, Cambridge Institute, Duolingo, inlingua, and Rosetta Stone.
Other Prominent Vendors in the market are: Alliance Francaise de, Berlitz Corporation, EF Education First, Linguatronics, Macmillan Education, Max Mueller Bhavan, MosaLingua, Pearson ELT, and Voxy.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is wearable gadgets and IoT in learning. Wearable smartwatches and gadgets are trending in the language learning market in India. India is expected to become a prominent market for wearable technology in the long run.”
According to the report, one driver in the market is increased outsourcing of services to India. India is one of the key outsourcing countries for many companies that belong to ICT and automotive sectors. This has led to a significant rise in the number of BPOs and service delivery centers, generating employment opportunities across the country. Though in India, English is the medium of learning in most schools, many graduates hailing from Tier 2 and Tier 3 cities lack fluency of the language.
Further, the report states that one challenge in the market isInefficiency and lack of language trainers. The lack of language specialists, particularly in German, French, Japanese, and Korean languages, has caught the language learning market in a fix. Most language learning centers are located in Tier 1 cities. Even in these cities, not all centers are well equipped with highly skilled and trained faculty and infrastructural setup. There is no stringent regulation for minimum content and training quality standards.
British Council, Cambridge Institute, Duolingo, inlingua, and Rosetta Stone.Other Prominent Vendors in the market are: Alliance Francaise de, Berlitz Corporation, EF Education First, Linguatronics, Macmillan Education, Max Mueller Bhavan, MosaLingua, Pearson ELT, and Voxy.
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