Global Cloud Based Language Learning Market Research 2021 Focusing on Key Compan
Posted by Fred Williams on April 7th, 2021
Cloud-based language learning solutions have significantly evolved in a very brief time since their introduction sometime less than a decade ago. This nascent market has witnessed impressive growth across several regional markets with well-established cloud and networking infrastructure and continues to embark upon an impressive growth path across many emerging economies across regions such as Asia Pacific. Factors central to cloud computing, such as less operational cost, immense flexibility, easy setup and maintenance of resources, and centralized data storage, allowing access to data anytime, anywhere, have been the key encouragement for language learning companies to switch to cloud from conventional networking models.
In the next few years, cloud-based language learning solutions are expected to become the de facto standard of the language learning industry. Transparency Market Research estimates that the global cloud-based language learning market was worth US6.3 mn in 2016. The market is expected to reach US7.5 mn by 2025, expanding at a promising CAGR of 12.8% from 2017 to 2025.
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About the AuthorFred Williams
Joined: May 7th, 2020
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