APAC Language Learning Development Software Sector to Post 14.12% CAGR to 2020, Says Infiniti Research in Report Available at MarketPublishers.com
13 May 2016 • by Natalie Aster
LONDON – The demand for language learning software packages is extremely high in the Asia-Pacific region, where the demand for English language training (ELT) is on the rise from both academic and business circles. Besides English, the Asia-Pacific region has an active market for the Spanish, French and Portuguese languages. Consequently, vendors are required to implement improvements and upgrades to their software at times. The software includes different features, which allows for the creation of course content in versatile formats like graphics, video and audio. Language learning software facilitates the language course framework development in response to industry requirements.
The APAC market for language learning development software is likely to register 14.12% CAGR through 2020. The growth is expected to be driven by the expanded mobile learning, enhancements in language learning programmes, brighter education and employability prospects, and product bundling. Amid the key trends, seen in the domain, one can name the cloud computing penetration, language learning gamification and a slew of analytical applications. However, the availability of manifold social networks for language learners, elevated threat from open sources, a dearth of courses in diverse languages, and a lack of native speakers could hinder the sector’s development.
Rosetta Stone, Linguatronics, Pimsleur, Transparent Language, OKpanda, Houghton Mifflin Harcourt, Sanoma, Onwards Learning, and Voxy, among others, are the dominant market participants.
Comprehensive report “Language Learning Development Software Market In APAC 2016-2020” drawn up by Infiniti Research provides an all-encompassing evaluation of the market on a regional level with a focus on China, Japan and South Korea. The report provides market sizing, analysing the revenue generated through the sales of this kind of software. The study offers market segmentation by end-use sector; detailed country-level market analyses are available, too. It canvasses the competitive scenario and gives a comprehensive review of the leading vendors. The report also casts light on the key trends in the industry, covers the factors propelling and hindering the sector’s expansion, and also identifies the challenges faced by the numerous market participants. The report explores the growth prospects of the region’s language learning development software marketplace up to 2020.
More reports elaborated by this publisher can be found at Infiniti Research page.