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Global Online Language Learning Market 2019-2023: Market to Grow at a CAGR of 17.89% - Artificial intelligence (AI) in Language Learning Gaining Momentum - ResearchAndMarkets.com

November 1, 2018 GMT

DUBLIN--(BUSINESS WIRE)--Nov 1, 2018--The “Global Online Language Learning Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The Global Online Language Learning Market to grow at a CAGR of 17.89% during the period 2019-2023.

Global Online Language Learning Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. Online language learning is the process of learning languages through digital mediums such as software and mobile apps that have access to the Internet. The report includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the retail sales of online language learning solutions across the globe.

One trend affecting this market is the artificial intelligence (AI) in language learning. It has been found that the adoption of AI in language learning comparatively reduces the time taken in learning a language when compared with traditional methods of language learning.

According to the report, one driver influencing this market is the cost benefits of online language learning. The cost benefits of online language learning are low owing to minimum requirements such as necessary software and hardware to register and complete the course assignments, which will drive the growth of the market.

Further, the report states that one challenge affecting this market is the threat from open sources. The easy availability of open sources and freeware such as MOOC’s is a major challenge faced by the global online language learning market.

Market Dynamics

Key vendors

Key Topics Covered:

01: Executive Summary

02: Scope Of The Report

03: Market Landscape

04: Market Sizing

05: Five Forces Analysis

06: Market Segmentation By Product

07: Customer Landscape

08: Geographic Landscape

09: Market Segmentation By Language

10: Decision Framework

11: Drivers And Challenges

12: Market Trends

13: Vendor Landscape

14: Vendor Analysis

15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/sb79sg/global_online?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181101005452/en/

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SOURCE: Research and Markets

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PUB: 11/01/2018 05:03 AM/DISC: 11/01/2018 05:03 AM

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