North America Online Language Learning Market to be Worth $5.7 Billion by 2030
Globalization has brought people and cultures closer. However, to survive and thrive in a global economy, companies must overcome language barriers; hence the global economy is shifting away from the English-speaking world. Furthermore, it is observed that overseas consumers prefer information in their language, and it is estimated that 60% of online consumers hardly or never buy from English-only websites. Nearly 72.4% of customers are more likely to buy products with information in their native language.
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