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
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.
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
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