#Language #Learning #Applications #Apps #Market #Surpasses #USD
Dallas, Texas, Aug. 15, 2022 (GLOBE NEWSWIRE) — The size and revenue share of the global language learning market is forecast to grow at a CAGR of over 22.8% between 2022 and 2029, valued at US$18.2 billion in 2022 and is expected to exceed USD 32.5 billion by 2029.
That global Market for language learning applications is expanding due to the low cost and convenience it offers. Online language learning programs are less expensive than those offered offline. Other benefits of online learning include easy registration, live chats and forums, quick feedback on quizzes and tests, and self-paced lessons. As a result, the benefits of online language learning and its affordable cost are expected to fuel the expansion of the global online language learning market over the projected period.
For example, a free subscription to Sanako Connect was made available in March 2020 by Sanako Corporation, a new distance learning option for schools. Using a laptop, Chromebook, or iPad, students and teachers can join sessions from anywhere with Sanako Connect. The platform also enables voice and text-based communication capabilities for teachers and students.
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The language learning applications industry is evolving rapidly as a result of economic globalization and consumer acceptance of low-cost, technology-based products. In addition, increasing internet and mobile phone usage and the propensity of international companies to employ bilingual staff offer development prospects for participants in the online language learning industry.
During the planned period, artificial intelligence (AI) in language learning will be a challenge for the online language learning industry. Compared to traditional language learning techniques, the use of AI in language learning shortens the time it takes to learn a language. Online Language…
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