Language learning software packages are designed to help content development for language learning programs. The demand for such products is significantly high in APAC, where there is healthy demand for the English language training (ELT) market in both corporate and academic sectors. Apart from the English language, APAC has an active market for foreign languages, such as French, Spanish, and Portuguese. As a result, vendors need to enhance and upgrade their software from time to time.
The software incorporates various features, which enables the creation of course content in multiple formats, such as video, graphics, and audio. Vendors are offering language learning to customers from both the corporate and the education domain. Language learning software enables the development of language course framework in line with industry requirements. For instance, FluentU has English language courses for various industries, such as aviation, hospitality, and finance.
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Technavio's analysts forecast the language learning development software market in APAC to grow at a CAGR of 14.12% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the language learning development software market in APAC for the period 2016-2020. To calculate the market size, it considers the revenue generated through the sales of online language learning software.
The market is divided into the following segments based on segments:
* Corporate
* Academic
Technavio's report, Language Learning Development Software Market in APAC 2016-2020, 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.
Key vendors
* Linguatronics
* Pimsleur
* Rosetta Stone
* Transparent Language
Other prominent vendors
* Houghton Mifflin Harcourt
* OKpanda
* Onwards Learning
* Sanoma
* Voxy
Market driver
* Increase in m-learning
* For a full, detailed list, view our report
Market challenge
* Language learning social networks
* For a full, detailed list, view our report
Market trend
* Penetration of cloud computing
* For a full, detailed list, view our report
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?
Companies Mentioned in this Report: Linguatronics, Pimsleur, Rosetta Stone, Transparent Language, Houghton Mifflin Harcourt, OKpanda, Onwards Learning, Sanoma, Voxy
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New Study: Language Learning Development Software Market In APAC 2016-2020
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Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001