A recent report notes that a decline in U.S. foreign language learning could have negative impacts on the U.S. workforce, but new forecasts indicate the demand for online language learning tools could increase thanks to the prevalence of mobile devices.
Technavio analysts forecast the online language learning market in the U.S. to grow by almost 9 percent during the 2017-2021 forecast period, according to the firm’s latest report.
The research study covers the present scenario and growth prospects of the online language learning market in the U.S. for 2017-2021. To calculate the market size, Technavio analysts consider the revenue generated from the sales of foreign language learning products and services provided by online language learning providers.
The widespread penetration of smartphones and mobile devices and increased internet accessibility have boosted the online education system. This has led to the evolution of mobile learning, and consequently, many foreign language learning mobile apps are developed to provide online language courses to end-users.
All these fundamental developments in schools and colleges are encouraging language learning companies to invest in software, which can provide language learning solutions to diverse student population base in the U.S.
Next page: Four factors contributing to the growth of online language learning