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Cloud-Based Language Learning Market Report Scope & Overview:

The Cloud-Based Language Learning Market is anticipated to develop at a CAGR of 14.62% from 2023 to 2030, from a value of USD 292.1 million in 2022 to USD 870.19 million in 2030.

Cloud-based language learning refers to the delivery of language learning content and resources over the Internet through platforms and applications based on the cloud. This innovative approach offers numerous advantages, including flexibility, scalability, and accessibility. Learners can now access language courses and materials at any time and from any location with an internet connection. The widespread use of mobile devices and high-speed internet has further facilitated the expansion of cloud-based language learning. Learners can now engage with language content on their smartphones, tablets, or computers, making language learning more convenient and appealing to a broader audience. This includes students, professionals, and lifelong learners who can now easily fit language learning into their busy schedules. One of the key benefits of cloud-based language learning platforms is their ability to leverage advanced technologies such as artificial intelligence and machine learning. These cutting-edge technologies enable personalized learning experiences. AI-powered algorithms examine learner behavior and data to generate customized content, monitor progress, and provide feedback. This level of personalization enhances the efficiency and effectiveness of language learning, allowing learners to focus on areas where they need the most improvement.

Cloud-Based Language Learning Market Revenue Analysis

Market Dynamics

Drivers

  • Increasing demand for multilingual skills has emerged

The increasing demand for multilingual skills has emerged as a prominent trend in the global job market and various facets of contemporary life. With the world becoming more interconnected, businesses and organizations are expanding their operations on an international scale, resulting in heightened interactions with diverse language-speaking communities. Consequently, there is a pressing need for professionals who possess the ability to communicate effectively in multiple languages. Industries such as international business, tourism, hospitality, healthcare, diplomacy, and customer service are actively seeking individuals with multilingual skills, recognizing their immense value and potential.

  • Accessibility and convenience play pivotal roles in driving the growth of the cloud-based language learning market.

  • Increasing demand for technology-enabled tools that can enhance user engagement, motivation, and collaboration.

Restrains

  • The market growth is anticipated to be limited due to a lack of awareness regarding the cloud-based learning system.

Opportunities

  • Surge in demand for online education

The surge in demand for online education has brought about a significant transformation in the global education sector. With the ever-increasing accessibility of the internet and continuous technological advancements, the way people access and interact with educational content has been revolutionized. Online education provides a flexible and easily accessible learning environment that caters to individuals of all ages and backgrounds. The convenience of learning from the comfort of one's own home or any location with an internet connection has greatly expanded the scope of education, demolished geographical barriers, and fostered inclusivity in the learning process.

Challenges

  • Diversity of Languages and Localization

  • Infrastructure and accessibility to the Internet    

Impact of the Russia-Ukraine

Geopolitical conflicts can lead to economic instability in affected regions. If Ukraine's economy suffers due to the war, it may impact the purchasing power of Ukrainian customers and businesses, potentially reducing demand for language learning services. A conflict zone can lead to a talent drain as skilled professionals may leave the affected region to seek stability elsewhere. Language learning companies based in Ukraine may lose key employees, impacting their ability to innovate and grow. Companies operating in regions with geopolitical conflicts may need to invest more in cybersecurity to protect user data and intellectual property. This can increase operating costs. If the conflict leads to shifts in global trade or geopolitical alliances, it could impact the market dynamics for cloud-based language learning companies. New regulations or trade restrictions could affect their ability to expand into certain markets. The COVID-19 pandemic accelerated the adoption of remote learning, including cloud-based language learning platforms. If the war disrupts traditional education systems in Ukraine and neighboring countries, it could lead to increased demand for online language learning solutions. Geopolitical instability can affect investment climates in the affected regions. Language learning startups may find it more challenging to attract investment or secure partnerships during times of uncertainty.

Impact of Recession 

During a recession, individuals and organizations may become more cost-conscious. Cloud-based language learning platforms often offer more affordable options compared to traditional language classes or in-person tutoring. As a result, there could be an increased demand for these services as people seek cost-effective ways to acquire new skills. Recessions often lead to layoffs and job insecurity. This can prompt individuals to invest in their education and skill development to make themselves more marketable. Cloud-based language learning platforms offer the flexibility of remote learning, making it easier for individuals to acquire new language skills while job hunting or preparing for career changes. Many businesses rely on cloud-based language learning platforms to provide language training to their employees. During a recession, companies may prioritize training and upskilling their existing workforce to improve productivity and competitiveness. This can lead to increased demand for corporate licenses and subscriptions for language learning platforms. In a recession, companies in the cloud-based language learning market may face increased competition as more players enter the market to meet the growing demand for online education. This competition can drive innovation, leading to the development of new features, better user experiences, and more competitive pricing. For startups in the language learning space, accessing capital during a recession can be more challenging. Investors may be more risk-averse, and venture capital funding may become scarcer. This could impact the ability of startups to grow and compete. The global nature of the cloud-based language learning market means it is influenced by the economic conditions of various countries. Recessions in major markets can affect the demand for language learning services, particularly if international travel and business activity decline.

Key Market Segmentation

By Language

  • English

  • Spanish

  • Chinese

  • French

  • German

  • Japanese

  • Others

By Training Type

  • Education

  • Corporate

By End-User

  • K12

  • Higher Education

  • Vocational Training

  • Corporate Training

  • Others

Cloud-Based Language Learning Market Segmentation Analysis

The segment of higher education institutions is projected to make the largest contribution to the global market in the forecast period. These institutions are now providing online post-graduate and certification courses. The market growth is expected to be driven by the rising adoption of educational hardware such as Interactive Whiteboards (IWBs), projectors, and tablets. This trend of digitization will enable higher education institutions to remain up-to-date. It is anticipated that the higher education institutions segment will account for over 58% of the total market share.

Regional Analysis 

The North American market dominates the industry, accounting for approximately 33.8% of the total revenue share. This dominance can be attributed to the influx of a large number of students seeking higher education opportunities in North America. However, anticipate that the Asia Pacific region will experience the most rapid growth in the coming years. This growth will primarily be driven by the developing economies of India and China, where there is a significant increase in the adoption of digital learning methods. Additionally, the region will benefit from the rising trend of digitization and increased government spending, which will further boost the market. As a result, we expect the Asia Pacific region to be the fastest-growing market during the forecast period. Furthermore, the growth of cloud computing services across the African continent is also contributing to the expansion of this region in the global market.

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Key Players:

The major market players are Rosetta Stone Inc., Duolingo, EF Education First Ltd., Sanako Corporation, Voxy, Inc., Lesson Nine GmbH., Culture Alley, Speexx, SANS Inc., Linguatronics LC, and others in the final report.

Rosetta Stone Inc-Company Financial Analysis

Company Landscape Analysis

Recent development

Duolingo, the recipient of the prestigious 2022 CNET Editor’s Choice award, has revolutionized the process of learning a new language, making it both enjoyable and remarkably stress-free. Recently, Duolingo unveiled an exciting new redesign, specifically crafted to enhance the experience of language acquisition. Curious to explore its potential, I had the opportunity to test-drive the app's fresh appearance prior to its official launch.

In September 2019, the primary focus of major market players was to introduce new products in order to expand their product offerings. As an illustration, Rosetta Stone Inc., a prominent U.S. software company, launched a novel language training enterprise solution tailored for corporate customers. This comprehensive solution encompassed unlimited live tutoring sessions and personalized feedback, catering to the specific needs of businesses.

Cloud-Based Language Learning Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 292.1 mn
Market Size by 2030  US$ 870.19 mn
CAGR   CAGR of 14.62 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Language (English, Spanish, Chinese, French, German, Japanese, Others)
• By Training Type (Education, Corporate)
• By End-User (K12, Higher Education, Vocational Training, Corporate Training, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Rosetta Stone Inc., Duolingo, EF Education First Ltd., Sanako Corporation, Voxy, Inc., Lesson Nine GmbH., Culture Alley, Speexx, SANS Inc., Linguatronics LC
Key Drivers • Increasing demand for multilingual skills has emerged
• Accessibility and convenience play pivotal roles in driving the growth of the cloud-based language learning market.
• Increasing demand for technology-enabled tools that can enhance user engagement, motivation, and collaboration
Market Restraints • The market growth is anticipated to be limited due to a lack of awareness regarding the cloud-based learning system.

 

Frequently Asked Questions

Ans: The market is expected to grow to USD 870.19 Million by the forecast period of 2030.

The major players are Rosetta Stone Inc., Duolingo, EF Education First Ltd., Sanako Corporation, Voxy, Inc., Lesson Nine GmbH., Culture Alley, Speexx, SANS Inc., Linguatronics LC, and others in final report.

 

Ans. The CAGR of the Cloud-Based Language Learning Market for the forecast period 2022-2030 is 14.62%.

 

Ans: There are three segments are covered Cloud-Based Language Learning Market in this By Language, By Training Type, By End-User.

Ans: Yes, you can buy reports in bulk quantity as per your requirements. Check Here for more details.

 

Table of Contents

1.Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Cloud Based Language Learning Market, By Language
8.1 English
8.2 Spanish
8.3 Chinese
8.4 French
8.5 German
8.6 Japanese
8.7 Others

9. Cloud Based Language Learning Market, By Training Type
9.1 Education
9.2 Corporate

10. Cloud Based Language Learning Market, By End-User
10.1 K12
10.2 Higher Education
10.3 Vocational Training
10.4 Corporate Training
10.5 Others

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Cloud Based Language Learning Market By Country
11.2.2 North America Cloud Based Language Learning Market By Language
11.2.3 North America Cloud Based Language Learning Market By Training Type
11.2.4 North America Cloud Based Language Learning Market By End-User
11.2.5 USA
11.2.5.1 USA Cloud Based Language Learning Market By Language
11.2.5.2 USA Cloud Based Language Learning Market By Training Type
11.2.5.3 USA Cloud Based Language Learning Market By End-User
11.2.6 Canada
11.2.6.1 Canada Cloud Based Language Learning Market By Language
11.2.6.2 Canada Cloud Based Language Learning Market By Training Type
11.2.6.3 Canada Cloud Based Language Learning Market By End-User
11.2.7 Mexico
11.2.7.1 Mexico Cloud Based Language Learning Market By Language
11.2.7.2 Mexico Cloud Based Language Learning Market By Training Type
11.2.7.3 Mexico Cloud Based Language Learning Market By End-User
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Cloud Based Language Learning Market By Country
11.3.1.2 Eastern Europe Cloud Based Language Learning Market By Language
11.3.1.3 Eastern Europe Cloud Based Language Learning Market By Training Type
11.3.1.4 Eastern Europe Cloud Based Language Learning Market By End-User
11.3.1.5 Poland
11.3.1.5.1 Poland Cloud Based Language Learning Market By Language
11.3.1.5.2 Poland Cloud Based Language Learning Market By Training Type
11.3.1.5.3 Poland Cloud Based Language Learning Market By End-User
11.3.1.6 Romania
11.3.1.6.1 Romania Cloud Based Language Learning Market By Language
11.3.1.6.2 Romania Cloud Based Language Learning Market By Training Type
11.3.1.6.4 Romania Cloud Based Language Learning Market By End-User
11.3.1.7 Turkey
11.3.1.7.1 Turkey Cloud Based Language Learning Market By Language
11.3.1.7.2 Turkey Cloud Based Language Learning Market By Training Type
11.3.1.7.3 Turkey Cloud Based Language Learning Market By End-User
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Cloud Based Language Learning Market By Language
11.3.1.8.2 Rest of Eastern Europe Cloud Based Language Learning Market By Training Type
11.3.1.8.3 Rest of Eastern Europe Cloud Based Language Learning Market By End-User
11.3.2 Western Europe
11.3.2.1 Western Europe Cloud Based Language Learning Market By Language
11.3.2.2 Western Europe Cloud Based Language Learning Market By Training Type
11.3.2.3 Western Europe Cloud Based Language Learning Market By End-User
11.3.2.4 Germany
11.3.2.4.1 Germany Cloud Based Language Learning Market By Language
11.3.2.4.2 Germany Cloud Based Language Learning Market By Training Type
11.3.2.4.3 Germany Cloud Based Language Learning Market By End-User
11.3.2.5 France
11.3.2.5.1 France Cloud Based Language Learning Market By Language
11.3.2.5.2 France Cloud Based Language Learning Market By Training Type
11.3.2.5.3 France Cloud Based Language Learning Market By End-User
11.3.2.6 UK
11.3.2.6.1 UK Cloud Based Language Learning Market By Language
11.3.2.6.2 UK Cloud Based Language Learning Market By Training Type
11.3.2.6.3 UK Cloud Based Language Learning Market By End-User
11.3.2.7 Italy
11.3.2.7.1 Italy Cloud Based Language Learning Market By Language
11.3.2.7.2 Italy Cloud Based Language Learning Market By Training Type
11.3.2.7.3 Italy Cloud Based Language Learning Market By End-User
11.3.2.8 Spain
11.3.2.8.1 Spain Cloud Based Language Learning Market By Language
11.3.2.8.2 Spain Cloud Based Language Learning Market By Training Type
11.3.2.8.3 Spain Cloud Based Language Learning Market By End-User
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Cloud Based Language Learning Market By Language
11.3.2.9.2 Netherlands Cloud Based Language Learning Market By Training Type
11.3.2.9.3 Netherlands Cloud Based Language Learning Market By End-User
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Cloud Based Language Learning Market By Language
11.3.2.10.2 Switzerland Cloud Based Language Learning Market By Training Type
11.3.2.10.3 Switzerland Cloud Based Language Learning Market By End-User
11.3.2.11.1 Austria
11.3.2.11.2 Austria Cloud Based Language Learning Market By Language
11.3.2.11.3 Austria Cloud Based Language Learning Market By Training Type
11.3.2.11.4 Austria Cloud Based Language Learning Market By End-User
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Cloud Based Language Learning Market By Language
11.3.2.12.2 Rest of Western Europe Cloud Based Language Learning Market By Training Type
11.3.2.12.3 Rest of Western Europe Cloud Based Language Learning Market By End-User
11.4 Asia-Pacific
11.4.1 Asia-Pacific Cloud Based Language Learning Market By Country
11.4.2 Asia-Pacific Cloud Based Language Learning Market By Language
11.4.3 Asia-Pacific Cloud Based Language Learning Market By Training Type
11.4.4 Asia-Pacific Cloud Based Language Learning Market By End-User
11.4.5 China
11.4.5.1 China Cloud Based Language Learning Market By Language
11.4.5.2 China Cloud Based Language Learning Market By Training Type
11.4.5.3 China Cloud Based Language Learning Market By End-User
11.4.6 India
11.4.6.1 India Cloud Based Language Learning Market By Language
11.4.6.2 India Cloud Based Language Learning Market By Training Type
11.4.6.3 India Cloud Based Language Learning Market By End-User
11.4.7 Japan
11.4.7.1 Japan Cloud Based Language Learning Market By Language
11.4.7.2 Japan Cloud Based Language Learning Market By Training Type
11.4.7.3 Japan Cloud Based Language Learning Market By End-User
11.4.8 South Korea
11.4.8.1 South Korea Cloud Based Language Learning Market By Language
11.4.8.2 South Korea Cloud Based Language Learning Market By Training Type
11.4.8.3 South Korea Cloud Based Language Learning Market By End-User
11.4.9 Vietnam
11.4.9.1 Vietnam Cloud Based Language Learning Market By Language
11.4.9.2 Vietnam Cloud Based Language Learning Market By Training Type
11.4.9.3 Vietnam Cloud Based Language Learning Market By End-User
11.4.10 Singapore
11.4.10.1 Singapore Cloud Based Language Learning Market By Language
11.4.10.2 Singapore Cloud Based Language Learning Market By Training Type
11.4.10.3 Singapore Cloud Based Language Learning Market By End-User
11.4.11 Australia
11.4.11.1 Australia Cloud Based Language Learning Market By Language
11.4.11.2 Australia Cloud Based Language Learning Market By Training Type
11.4.11.3 Australia Cloud Based Language Learning Market By End-User
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Cloud Based Language Learning Market By Language
11.4.12.2 Rest of Asia-Pacific Cloud Based Language Learning Market By Training Type
11.4.12.3 Rest of Asia-Pacific Cloud Based Language Learning Market By End-User
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Cloud Based Language Learning Market By Country
11.5.1.2 Middle East Cloud Based Language Learning Market By Language
11.5.1.3 Middle East Cloud Based Language Learning Market By Training Type
11.5.1.4 Middle East Cloud Based Language Learning Market By End-User
11.5.1.5 UAE
11.5.1.5.1 UAE Cloud Based Language Learning Market By Language
11.5.1.5.2 UAE Cloud Based Language Learning Market By Training Type
11.5.1.5.3 UAE Cloud Based Language Learning Market By End-User
11.5.1.6 Egypt
11.5.1.6.1 Egypt Cloud Based Language Learning Market By Language
11.5.1.6.2 Egypt Cloud Based Language Learning Market By Training Type
11.5.1.6.3 Egypt Cloud Based Language Learning Market By End-User
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Cloud Based Language Learning Market By Language
11.5.1.7.2 Saudi Arabia Cloud Based Language Learning Market By Training Type
11.5.1.7.3 Saudi Arabia Cloud Based Language Learning Market By End-User
11.5.1.8 Qatar
11.5.1.8.1 Qatar Cloud Based Language Learning Market By Language
11.5.1.8.2 Qatar Cloud Based Language Learning Market By Training Type
11.5.1.8.3 Qatar Cloud Based Language Learning Market By End-User
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Cloud Based Language Learning Market By Language
11.5.1.9.2 Rest of Middle East Cloud Based Language Learning Market By Training Type
11.5.1.9.3 Rest of Middle East Cloud Based Language Learning Market By End-User
11.5.2 Africa
11.5.2.1 Africa Cloud Based Language Learning Market By Country
11.5.2.2 Africa Cloud Based Language Learning Market By Language
11.5.2.3 Africa Cloud Based Language Learning Market By Training Type
11.5.2.4 Africa Cloud Based Language Learning Market By End-User
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Cloud Based Language Learning Market By Language
11.5.2.5.2 Nigeria Cloud Based Language Learning Market By Training Type
11.5.2.5.3 Nigeria Cloud Based Language Learning Market By End-User
11.5.2.6 South Africa
11.5.2.6.1 South Africa Cloud Based Language Learning Market By Language
11.5.2.6.2 South Africa Cloud Based Language Learning Market By Training Type
11.5.2.6.3 South Africa Cloud Based Language Learning Market By End-User
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Cloud Based Language Learning Market By Language
11.5.2.7.2 Rest of Africa Cloud Based Language Learning Market By Training Type
11.5.2.7.3 Rest of Africa Cloud Based Language Learning Market By End-User
11.6 Latin America
11.6.1 Latin America Cloud Based Language Learning Market By Country
11.6.2 Latin America Cloud Based Language Learning Market By Language
11.6.3 Latin America Cloud Based Language Learning Market By Training Type
11.6.4 Latin America Cloud Based Language Learning Market By End-User
11.6.5 Brazil
11.6.5.1 Brazil Cloud Based Language Learning Market By Language
11.6.5.2 Brazil Cloud Based Language Learning Market By Training Type
11.6.5.3 Brazil Cloud Based Language Learning Market By End-User
11.6.6 Argentina
11.6.6.1 Argentina Cloud Based Language Learning Market By Language
11.6.6.2 Argentina Cloud Based Language Learning Market By Training Type
11.6.6.3 Argentina Cloud Based Language Learning Market By End-User
11.6.7 Colombia
11.6.7.1 Colombia America Cloud Based Language Learning Market By Language
11.6.7.2 Colombia America Cloud Based Language Learning Market By Training Type
11.6.7.3 Colombia America Cloud Based Language Learning Market By End-User
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Cloud Based Language Learning Market By Language
11.6.8.2 Rest of Latin America Cloud Based Language Learning Market By Training Type
11.6.8.3 Rest of Latin America Cloud Based Language Learning Market By End-User

12 Company profile
12.1 Rosetta Stone Inc.
12.1.1 Company Overview
12.1.2 Financials
12.1.3 Speed/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Duolingo
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Speed/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 EF Education First Ltd.
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Speed/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Sanako Corporation
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Speed/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Voxy, Inc.
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Speed/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Lesson Nine GmbH
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Speed/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Culture Alley
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Speed/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 SANS Inc
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Speed/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Speexx
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Speed/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Linguatronics LC
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Speed/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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Data Bank Validation

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