Online Language Learning Market in the US 2018-2022| Increased Use of VR to Boost Demand| Technavio
LONDON--(BUSINESS WIRE)--Oct 4, 2018-- analysts forecast the online language learning market in the US to grow at a CAGR of close to 9% during the forecast period, according to their latest market research report.
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Technavio analysts forecast the online language learning market in the US to grow at a CAGR of close to 9% by 2022. (Graphic: Business Wire)
The increased use of VR is one of the major trends being witnessed in the . The use of mobile apps has made language learning more convenient. New apps are being designed with the use of VR. Such apps place a person, virtually, in a situation where he or she needs to use a language. The use of VR in online language learning is gaining popularity due to its effectiveness and the student engagement it provides.
According to Technavio analysts, one of the key factors contributing to the growth of the online language learning market in the US is the SMAC in language learning:
Online language learning market in the US: Adoption of SMAC in language learning
Learning has evolved over time with the advent of new technologies. The emergence of the internet and online learning has enabled educators to adopt new and effective ways to deliver content, which is encouraging tutors to use SMAC tools for online language learning.
According to a senior analyst at Technavio for research on education technology, “The adoption of SMAC has helped vendors to provide effective content according to user preferences and use analytical tools. Likewise, cloud technology is trending globally. The adoption of cloud in online language learning will reduce the storage cost for vendors, enhance security, and help them to increase customer base by providing a wide choice of content.”
Online language learning market in the US: Segmentation analysis
The online language learning market in the US research report provides market segmentation by product (course material, support, and Apps), by end-user (individual learners and institutional learners), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Of the three major products, course material, support, and Apps, the course material segment held the largest market share in 2017, contributing close to 46% of the market. This product segment will dominate the global market throughout the forecast period.
The Americas held the largest share of the market in 2017, accounting for close to 47% share. It was followed by EMEA and APAC respectively. Although APAC held the smallest share of the market, it is expected to witness the maximum increase in its market share over the forecast period owing to the presence of a large patient pool and improvements in hospital infrastructure in the region.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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CONTACT: Technavio Research
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KEYWORD: UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: EDUCATION UNIVERSITY OTHER EDUCATION TECHNOLOGY INTERNET TRAINING
SOURCE: Technavio Research
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PUB: 10/04/2018 10:19 AM/DISC: 10/04/2018 10:19 AM