IBISWorld’s Foreign Language Training Software procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Foreign Language Training Software to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Foreign Language Training Software - Recent Price Trend

During the three years to 2017, the price of foreign language training software has been decreasing at an estimated annualized rate of 0.6%. Prices have fallen primarily due to increasing competition, especially from new vendors offering freeware. However, rising demand and input costs have stabilized the decline in price, resulting in low price volatility.The largest factor contributing to...

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Foreign Language Training Software - Total Cost of Ownership

The total cost of ownership for foreign language training software is low. Buyers should expect to spend less than 50.0% of the benchmark price in annual additional fees. Low total cost of ownership benefits buyers by reducing the risk that they will incur unexpected costs. Consequently, buyers can budget for purchases more easily.Total cost of ownership is typically low for both the SaaP and...

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About this Report

This report is intended to assist buyers of foreign language training software. Foreign language training software is offered for a range of skill levels and can include auditory, visual, oral or other multimedia instruction. The software can focus only on reading, writing or speaking a foreign language, or it can offer training in all three. Language training software is available for desktop, browser-based or mobile application use. Typical buyers in this market include consumers, businesses, government agencies and educational institutions. This report excludes language schools and translation services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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