Corporate Online Language Learning Market Size, Share, Trends, Analysis and Forecasts To 2021
Market Research analysts forecast the online language learning market in Europe to grow at a CAGR of 9.31% during the period 2017-2021.
The following companies as the key players in the corporate language learning market: Berlitz, Linguaphone, Linguarama, and Sanako
Other Prominent Vendors in the market are: Education First, Fluenz, inlingua, LearnCube, Rosetta Stone, and SANS
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Commenting on the report, an analyst from Reports team said: Language learning through these applications has brought portability and flexibility in learning and accessing the content from any location at any given time. The situation is complemented with the rise in the adoption of smartphones in workplaces. Through this, employees are empowered to learn outside the classrooms in a self-paced manner. They can complete their learning targets while managing their office workload. Therefore, the provision of mobile devices to learners has facilitated the growth of the market.
According to the report, language learning through digital mode provides flexibility in terms of accessing information and completing courses. It has proven to be advantageous not only to students and institutions, but also to faculty members and mentors. The emergence of smartphones, tablets, and other devices has paved the way for mobile-based accessibility of language courses. The content for these devices are developed in text, audio, and video formats. Vendors have introduced language learning games to improve grammar, vocabulary, reading comprehension, pronunciation, spelling, and listening capabilities. For instance, games are offered by Digital Dialects, Scholastic Teachers, Transparent Language, and LanguageGain to make language learning fun and engaging for learners. All these methods support learning-on-the-go for employees and students.
Further, the report states that language training vendors are facing increased threats from open-source providers. These sources are being adopted by a large number of users as they provide the courses free of charge. Open sources such as Duolingo provide numerous courses on language learning for free to learners. It also provides access to a wide variety of content and learning through various ways such as games, video, and audio. Users in varied industries such as healthcare, automotive, and e-commerce are largely using these open sources to leverage their language skills.
About Corporate Online Language Learning in Europe
The prospects of better education and employment opportunities are driving the enrolment of students in language learning programs. In the corporate sector, language learning programs are an integral part of employee training. Expertise in multiple languages is a significant asset to any enterprise irrespective of the sector it operates in. Inclusion of technology helps organizations to enhance their existing learning programs and provide flexible learning space to employees at a minimal additional expenditure. As corporates are increasingly emphasizing on e-learning, traditional language learning providers are focusing on digitization of their learning environment to match their capabilities with the learning and development strategies of enterprises.
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Covered in this report
The report covers the present scenario and the growth prospects of the online language learning market in Europe for 2017-2021. To calculate the market size, the report considers the revenue generated from online language learning solutions in Europe.
Corporate Online Language Learning Market in Europe 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.
Key vendors
Berlitz
Linguaphone
Linguarama
Sanako
Other prominent vendors
Education First
Fluenz
Inlingua
LearnCube
Rosetta Stone
SANS
Market driver
Increased trade with emerging economies
For a full, detailed list, view our report
Market challenge
Uneven pace of digitization
For a full, detailed list, view our report
Market trend
Rise in use of mobile devices
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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