Online Language Learning Market in the US to Expand at a CAGR of 8.6% to 2021 Due to Rise in Education Industry
The education market in the US has seen the emergence of new pedagogical techniques. Changes in the education policy along with the implementation of Common Core State Standards have necessitated educators in the US to enroll in professional development courses to acquire information and communication technology (ICT) and language skills along with techniques to successfully incorporate emerging educational hardware and software in the learning process.
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The advances in technology have not only increased broadband network but also introduced schemes like bring-your-own-devices (BYOD). These schemes have brought about a change in the education paradigm with the implementation of innovative learning methods such as flipped classrooms, blended learning, simulations, experiential, and inquiry-based learning.
Technavios analysts forecast the online language learning market in the US to grow at a CAGR of 8.6% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of online language learning market in the US for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of foreign language learning products and services provided by online language learning providers. The report does not consider the revenue generated from free sources of online language learning courses.
Technavio's report, Online Language Learning Market in the US 2017-2020, 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.
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Key vendors
Linguatronics
Pearson ELT
Rosetta Stone
Sanako
Other prominent vendors
Edusoft
Houghton Mifflin Harcourt
Macmillan Education
McGraw-Hill Education
OKpanda
Onwards Learning
Oxford University Press
Sanoma
Voxy
Market driver
Significant demand from organizations
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Market challenge
Unavailability of online courses in various languages
For a full, detailed list, view our report
Market trend
Improved adaptive learning feature
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Key questions answered in this report
What will the market size be in 2020 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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