Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

LONDON--(BUSINESS WIRE)--The global online language learning market is expected to post a CAGR close to 18% during the period 2019-2023, according to the latest market research report by Technavio. Cost benefits of online language learning programs are the key criteria fostering their popularity over conventional offline language learning programs. Costs associated with classroom space, equipment, and other physical amenities do not apply to online language learning programs. Moreover, with the rapid digital penetration globally, online language learning apps and software are easily accessible. Furthermore, advantages like easy registration, flexibility of timings, customized learning materials, live chats and forums, immediate feedback on quizzes and tests, and self-paced learning are the holistic benefits of online language learning courses over offline learning.

LONDON--(BUSINESS WIRE)--The global artificial intelligence (AI) market in BFSI sector is expected to post a CAGR of more than 32% during the period 2019-2023, according to the latest market research report by Technavio. A key factor driving the growth of the global artificial intelligence (AI) market size in BFSI sector is the push toward autonomous banking. Automation has become one of the most prioritized digital transformation strategies for banks. Financial institutions are increasingly focusing on developing more self-driving finance solutions owing to increased customer expectations for personalized services and rewards. Therefore, banks and credit unions are integrating AI and big data analytics to understand customer behavior.

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

The artificial intelligence platforms market size is poised to grow by USD 6.95 billion during the period 2019-2023, according to the latest market research report by Technavio. This press release features multimedia. Technavio has announced its latest market research report titled global artificial intelligence platforms market 2019-2023. Governments across the world are increasingly promoting AI technology through investments in R&D and by developing education programs to train the workforce with AI skills, which can support businesses across industries. Retail, BFSI, and manufacturing are a few of the major industries that are increasing their investments in AI to automate business functions.