Dublin, Nov. 01, 2018 (GLOBE NEWSWIRE) -- 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.
The report covers the present scenario and the growth prospects of the online language learning market. Online language learning is the process of learning languages through digital mediums such as software and mobile apps that have access to the Internet. To calculate the market size, the report considers the revenue generated from the retail sales of online language learning solutions across the globe. The report also includes a discussion of the key vendors operating in this market.
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 M O O C's is a major challenge faced by the global online language learning market.
Key questions answered in this report
Key vendors
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: MARKET SEGMENTATION BY LANGUAGE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/7g5v47/global_online?w=12
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