Cloud Based Language Learning Market expanding at a promising CAGR of 12.8% from 2017 to 2025 The global market for cloud-based language learning features a highly fragmented vendor landscape and only few companies, including Rosetta Stone, Inc, Sanako Corporation, EF Education First, and Linguatronics LC have been able to establish themselves as leaders, observes Transparency Market Research (TMR) in a recent report. A large number of local players, with well-established businesses in their regional territories but a limited presence on the global front, are located across key regional markets and account for a sizeable share of revenues. Companies operating amid stiff competition in the global cloud-based language learning market are focusing on providing innovative web services, developing applications for users, and providing learning tools that are tailored to the specific needs of learners. Moreover, as a part of this strategy, companies are engaging in various strategic partnerships, mergers and acquisitions, expanding their businesses through new service additions and geographical presence. Request Sample- https://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=16370 Transparency Market Research estimates that the global cloud-based language learning market will exhibit a promising 12.8% CAGR from 2017 to 2025, rising from a valuation of US$146.3 mn in 2016 to US$427.5 mn by 2025. North America to Continue to Account for Massive Chunk in Global Revenue On the basis of language, the market for cloud-based language learning chiefly caters to learning solutions for languages such as English, Spanish, Chinese, French, German, Japanese, Italian, and Russian. Of these, the segment of English learning is expected to emerge as the primary adopter of cloud-based language learning solutions in the near future. This can be chiefly attributed to the rising inclination of making English as the preferred language in academics and business sectors due to globalization. Enquiry Before Buying- https://www.transparencymarketresearch.com/sample/sample.php? flag=EB&rep_id=16370 In terms of geography, the North America market for cloud-based language learning is presently the leading contributor of revenue to the global market. The region, home to several famed higher education institutes, leads on account of the vast number of foreign students that take up English learning courses. The North America market for cloud-based language learning accounted for a 50% of the global market in terms of revenue contribution in 2016 and is expected to remain one of the leading regional market for cloud-based language learning solutions in the next few years as well. Rising Proliferation of Cloud Computing Technology to Remain Key Growth Factor The education industry is rapidly evolving in its journey towards digital transformation. It has emerged as one of the most dynamic industries to embrace the vast advancements in technology, telecommunications, and networking technologies, using them to benefit a number of areas, including global reach and efficiency of content delivery. Cloud computing, owing to its several cost and flexibility benefits, is estimated to be at the core of the education industry’s ongoing digital transformation in the next few years.
Get COVID-19 Analysis- https://www.transparencymarketresearch.com/sample/sample.php? flag=covid19&rep_id=16370 Language learning, a key segment of the education industry, is also increasingly shifting towards the cloud computing model and cloud-based language learning solutions are expected to become an important mode of learning languages in the next few years. The rising proliferation of the cloud computing technology, especially in emerging economies across regions such as Asia Pacific, will remain the key driver of the adoption of cloud-based language learning solutions. More Trending Reports by Transparency Market Research – Intelligent Virtual Assistant Market: The use of speech recognition tools has been steadily rising in several networking applications notably in financial services, retail sector, and healthcare industry. Providers of text-to-speech (TTS) software have reaped significant revenue gains from the demand for intelligent virtual assistant for wireless devices and consumer electronics for reading text content in websites. The intelligent virtual assistant market is projected to reach US$ 50.9 Bn by 2030. Cloud Workload Protection Platform [CWPP] Market: cloud workload protection platform (CWPP) is used for passing workloads among various cloud environments safely. It is mandatory that the entire workload must be functional in order to run the cloud-based application smoothly without posing any security threats. As a result, cloud workload protection platform (CWPP) and workload protection providers are radically different from desktop application security providers. About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Rohit Bhisey Transparency Market Research 90 Sate Street, Suite 700, Albany, NY 12207 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com/