LONDON– (BUSINESS WIRE) -#ConsumerApparel–The global language learning games market size is poised to grow by 2.28 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of close to 25
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The market is driven by growth in the adoption of 3D language learning games. In addition, the rise in access to digital platforms is expected to boost the growth of language learning games market.
Vendors in the market are increasingly focusing on R&D activities to improve their product offerings. This is mainly due to increased competition and growing customer demand for innovative products. Thus, companies are investing heavily in innovating the product interface. This has resulted in the emergence of 3D language learning games that offer advantages such as enhanced control over normal games, realistic interface, high quality graphics, and high level of engagement with users. Thus, the adoption of 3D language learning games is increasing, which will fuel the growth of language learning games market during the forecast period.
Online language learning games are gaining immense traction two to the access customers have to digital platforms. This has become possible mainly because of the increasing penetration of smartphones and the Internet across the world. Access to digital products Thus, the rise in access to digital platforms is expected to boost the growth of the market.
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The report includes detailed profiles of leading companies and prominent vendors of the market:
- Hasbro Inc.
- Duolingo Inc.
- Early Lingo
- Mark Media Corp
- MindSnacks Inc.
- NetDragon Websoft Holdings Ltd.
Market Segmentation by End-Users:
The language learning games market can be broadly categorized into the following segments:
Key Regions for Language Learning Games Market:
Featuring a breakdown of region-wise market shares until 2019.
- North America
- South America
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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