The corporate online language learning market in Europe was valued at USD 954 million in 2016 and is expected to reach USD 1390 million by 2020, says Technavio.
Technavio has announced its latest market research report on the corporate online language learning market to its education technology portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like Berlitz, Linguaphone, Linguarama, and Sanako.
According to Jhansi Mary, a lead analyst for education technology research at Technavio, “Companies in Europe are extending their workspaces to improve collaboration pertaining to project and task management among teams locally and globally. To bridge the social and cultural gaps, corporates are investing increasingly language learning programs and online language learning to ease the learning process for learners and trainers.”
Language learning helps corporations achieve business development, improve customer service, and accelerate sales. Language learning also helps them collaborate with foreign clients while fostering stronger relationships, especially with large corporations.
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Demand for digital learning
Digital learning involves interactive and engaging methods through audio, videos, presentations, online courses, mobile apps, and e-books. It helps in better assimilation and absorption of information, allows personalization of lessons, and tracking individual performances, which enhances the learning process.
Deployment of learning analytics
The use of learning analytics is on the rise, especially among providers of foreign language courses. The adoption of analytics can help garner crucial data of specific learners of a particular course. Simultaneously, they can delve into identifying the key areas where the course of study materials is ineffective. Some of the leading vendors in the market are focusing on integrating adaptive learning technology in language learning courses.
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This market study includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This research report also provides a detailed analysis of key drivers, challenges, and opportunities influencing the market’s growth.
A more detailed analysis is available in the Technavio report titled, ‘Corporate Online Language Leaning Market in Europe’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Corporate M-learning Market 2016-2020
- Global Corporate E-learning Market 2016-2020
- Corporate Training Market in Europe 2016-2020
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