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Cloud Based Language Learning Market

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Title: Cloud Based Language Learning Market


1
Coherent market insightsMarket Research and
Business Consulting Services
https//www.coherentmarketinsights.com/market-insi
ght/cloud-based-language-learning-market-3589
2
Market Overview
  • In cloud-based language learning, resources are
    stored in the cloud and can be accessed from
    mobiles and computers. A cloud-based language
    learning platform facilitates users to access
    information and allows data sharing and
    multi-user collaboration effectively. Growing
    demand for e-learning technology has increased
    the demand for cloud-based solutions. Cloud-based
    solutions offer an ideal environment for a
    virtual classroom to access information
    effectively and easily. The majority of cloud
    computing providers use C-Sharp and JAVA to make
    cloud servers. Hence, the global language market
    is expected to witness a significant shift during
    the forecast period, owing to emergence of
    cloud-as-a-service. As a result of this, many
    businesses have shifted to the cloud, offering
    cloud-based language learning to customers.

3
  • The Global Cloud Based Language Learning Market,
    By Training Type (Education and Corporate), By
    Language (English, Spanish, Chinese, French,
    German, Japanese and Others) and by Region (North
    America, Latin America, Europe, APAC and Middle
    East Africa) - Global Forecast to 2027, is
    expected to be valued at US 566.2 million by
    2027, exhibiting a CAGR of 13.7 during the
    forecast period (2019-2027), as highlighted in a
    report published by Coherent Market Insights.

4
Market Dynamics- Drivers
  • Constant advancements in cloud-based technologies
    are expected to drive growth of the global cloud
    based language learning market during the
    forecast period
  • According to the Telecom Regulatory Authority of
    India (TRAI), a consultation paper on cloud
    computing published in June 2016, cloud computing
    accounted for 33 of IT expenditure globally in
    2015. Various organizations around the world are
    investing heavily in cloud infrastructure since
    it offers various benefits to academics.
    Moreover, it can be used as a personal workspace
    and enhances learning and teaching experiences.
    Cloud-based or Web 2.0 technologies are a vast
    array of free or nearly free, socially oriented,
    and web-based tools such as collaborative,
    generative, documentative, communicative, and
    interactive Web 2.0. Furthermore, Web 2.0 tools
    support collaboration and sharing information
    required for active and social learning. Hence,
    these factors are expected to drive the global
    cloud-based language learning market during the
    forecast period.

5
  • Increasing proliferation of cloud computing
    technology is expected to propel the global cloud
    based language learning market growth over the
    forecast period
  • In the recent past, the education sector has
    started gradually shifting towards digital
    transformation. It has emerged as one of the most
    dynamics industries to adopt advancements in
    telecommunication, technology, networking
    technologies, etc. Language learning is a key
    segment in the education industry and is rapidly
    shifting towards the cloud computing model and
    cloud-based learning solutions, which in turn, is
    expected to become an essential model of language
    learning in the near future. Thus, growing
    proliferation of cloud computing technology is
    expected to support the global market growth over
    the forecast period.

6
  • North America region dominated the global cloud
    based language learning market in 2019,
    accounting for 49.0 share in terms of value,
    followed by Europe and Asia-Pacific, respectively

7
Market Dynamics- Restraints
  • Concerns regarding privacy, security, and
    reliability are expected to hamper the global
    cloud based language learning market growth over
    the forecast period
  • Cloud computing face many challenges regarding
    data privacy protection such as storage, access,
    audit, retention, compliance, destruction, audit,
    and monitoring breaches of different legal
    systems. Privacy concerns in cloud computing is a
    technical as well as legal problem. Moreover,
    security is extremely crucial for some e-learning
    material. In fact, reliability is also concern in
    emerging economies, which adopt cloud computing.
    Thus, these factors are expected to hamper the
    global cloud based language learning market
    growth over the forecast period.

8
  • Lack of viable revenue and monetization model is
    expected to hamper the global cloud based
    language learning market growth during the
    forecast period
  • Although cloud-based language learning offers
    multiple prospects for revenues, there is no
    standard or set viable model for monetization.
    Different cloud computing providers across the
    globe have implemented their own individual
    strategy, which may or may not profit the
    customers. Thus, standard model for revenue and
    monetization is necessary. Therefore, lack of
    viable revenue and monetization model is expected
    to hamper the market growth in the near future.

9
Market Opportunities
  • Advent of cloud-based learning in educational
    sector can present lucrative growth opportunities
  • Cloud computing holds enormous potential to
    transform the education sector. Cloud-based
    textbooks are ideal substitutes for expensive
    university textbooks since the digital content is
    less expensive than printed content. This, in
    turn, allows students from humble economic
    background to gain access to quality learning
    material. There are various companies across the
    globe focused on transforming the educational
    sector. For instance, Pearson Education is moving
    away from being a traditional publishing company
    and is leading the way in transforming education
    digitally. Pearson is developing a cloud-based
    digital platform with a single editorial and
    authoring and content distribution capability.

10
  • Growing eagerness towards learning programing
    languages is expected to provide major business
    opportunities
  • Cloud-based language learning platform overcome
    geographical barriers with students from around
    the world learning/interacting with any teacher.
    Moreover, cloud-based learning offers the best
    content available for the user, which is expected
    to boost the market growth. Cloud technologies
    promote cross-cultural awareness and effective
    peer communication. This, in turn, supports more
    and more people to learn different languages at a
    very small cost.

11
  • Growing eagerness towards learning programing
    languages is expected to provide major business
    opportunities

12
Market Trends
  • Growing importance of gamification
  • In a language learning environment, the success
    of any platform is dependent on its capability to
    engage customers for a long time. Gamification
    makes language a fun learning activity, thereby
    giving it a chance to move away from conventional
    and repetitive language learning methods.
    Furthermore, Memrise offers a fun based language
    learning solution as it aims to make learning a
    playtime activity. Memrise has turned language
    and learning facts into a game where the learner
    grows a colorful garden of memory. So each time
    the user recalls that word, it helps to grow a
    little bit like watering a little flower.

13
  • Social learning as a tool of language learning
  • Social media has become a chief module to connect
    geographically separated employees and
    workforces. Cloud-based learning offers
    collaboration through social media. By social
    learning, learners create discussion and public
    notes related to online assets and view
    up-to-date news feeds of content and activities
    generated by users and follow colleagues of
    interest. For instance, Moodle is a customizable
    and scalable open-source platform that features
    classroom management, built-in course authoring,
    and mobile learning along with social learning.
    It can be used in corporate or business
    applications. However, it is mainly used in
    educational institutions, since it is open-source
    and free to use.

14
Segment Information
  • In global cloud based language learning market by
    training type, corporate sub segment dominated
    the global market in 2019, accounting for 50.4
    share in terms of value.

15
Competitive Section
  • Key players operating in the global cloud based
    language learning market are Sanako Corporation,
    Duolingo, EF Education First Ltd., Linguatronics
    LC, Voxy, Inc., Rosetta Stone Inc., Culture
    Alley, Speexx, SANS Inc., and Lesson Nine GmbH. 

16
Key Developments
  • Major market players are focused on product
    launches, in order to enhance their product
    portfolio. For instance, in September 2019,
    Rosetta Stone Inc., a U.S.-based software
    company, introduced a new language training
    enterprise solution for corporate customers with
    unlimited live tutoring and personalized
    feedback.
  • Key companies in the market are involved in
    product launches, in order to expand their
    product portfolio. For instance, in November
    2017, SANS Inc. introduced new Pronunciation
    Activity Tool, which is part of SANSSpace
    interactive language learning platform.

17
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  • Download PDF Brochure
  • Talk to Analyst
  • https//www.coherentmarketinsights.com/market-insi
    ght/cloud-based-language-learning-market-3589

18
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