March 28, 2020
Cloud-based Language Learning Market

Cloud-based Language Learning Market Analysis With Top Leading Players and Business Growth Strategies

The worldwide cloud-based language learning market was estimated at US$ 150.8 million in 2018 and is expected to grow by 10.4% over the forecast period. Globally, the tremendous growth of the cloud services market and the penetration of internet-based services are key factors in the growth of the cloud-based language learning market. The cloud services market was projected at more than US$ 360 billion in 2018 and is expected to grow by nearly 12 per cent in the coming years. Easy set-up, lower operating costs, easy resource maintenance, flexibility and other benefits of cloud services have contributed to the growth of the market. Growth in the education sector and the tendency to learn different languages are the other key factors for the growth of the market. The growth of theK-12 sector worldwide will also boost demand for a cloud-based language learning market. We therefore expect a huge increase in the cloud-based language learning market over the estimated period.

The growth of cloud computing services throughout Africa Continent is driving the growth of this region on the global market

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The emergence of blended learning as a norm in the education sector will increase the development of the global market for cloud-based language learning. The increasing use of digital media for content creation and customisation is driving the growth of the education sector.Blended learning is an effective method of receiving content, for it enthuses users and at the same time derives the best from each teaching method. This technique is the best combination on the global market of digital educational media and face-to-face classroom methods.

Some of the major companies profiled in the report include Duolingo, Linguatronics LC, Rosetta Stone Inc., Speexx, Lesson Nine GmbH, Sanako Corporation, SANS Inc., Culture Alley, Voxy Inc., EF Education First Ltd., among others.

In addition, the teaching mode allows instructors to better customize content according to individual user requirements. Blended learning is the most widely adopted module in the language training industry that allows the instructor to control the pace of content delivery according to the capabilities and time constraints of the user. The improved classroom experience with the flexibility of mixed learning content delivery will help transform the global cloud-based language learning market.

We segmented the cloud-based language learning market into education and corporate based on the type of training. In 2018, the corporate segment dominated with revenue share in the same year contributing more than 56 percent. Businesses train their employees with different languages through cloud-based services to improve workforce efficiency is the major reason for segment growth. Growth in business outsourcing in developing economies such as India, Indonesia, the Philippines and others is the other key reason for growth in the segment. Therefore, we assume that the corporate segment is anticipated to see significant growth in the cloud-based language learning market throughout the forecast period.

Geographically, the cloud-based language learning market in North America is now the leading revenue contributor to the global market. The region, home to a number of well-known higher education institutions, is home to a large number of foreign students taking courses in English. The cloud-based language learning market in North America accounted for 50% of the overall market in terms of revenue share in 2016 and is projected to continue to be one of the leading regional market for cloud-based language learning solutions in the coming years.

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