Global English Language Learning Market Analysis, Application, and Forecast to 2029
Bharat Book Bureau Provides the Trending Market Research Report on “English Language Learning Market by Methodology (Blended, Offline, Online), Learning Mode, Age Group, End User (Individual Learners, Educational Institutes, Government Bodies, Corporate Learners), and Geography—Global Forecast to 2029” under the Services Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.
The global English Language Learning Market is expected to reach $69.62 billion by 2029, at a CAGR of 9.5% during the forecast period of 2022–2029.
The growth of this market is attributed to the increasing importance of English in business & professional areas, increasing investments in start-ups & small companies teaching English, and the minimum cost of English language learning apps. However, reluctance to accept English as a primary communication tool in some countries may restrain the growth of this market. The rising spending on the education sector and transnational education (TNE) is expected to create market growth opportunities. However, the lack of trained professionals to teach English is a major challenge for the players operating in the English language learning market.
Based on methodology, in 2022, the blended learning segment is expected to account for the largest share of the English language learning market. The growth of this segment is attributed to the increasing need for personalized learning for students, increasing demand for personalized learning, the rise in the adoption of advanced offline & online learning systems, the ability to manage to learn at individuals' own pace, and flexibility. However, the online learning segment is projected to register the highest CAGR during the forecast period due to the increasing budget allocations and investments for E-learning programs and the emergence of new online learning platforms after the COVID-19 pandemic.
Based on learning mode, in 2022, the tutoring segment is expected to account for the largest share of the English language learning market. The large market share of this segment is attributed to the growing investment in e-learning tools and technologies to enhance the teaching experience and the increasing demand for cost-effective programs to address the knowledge gap in students. However, the self-learning apps and applications segment is projected to register the highest CAGR during the forecast period due to the increasing consumer acceptance of low-cost technology-based products, increasing digitalization of educational content, need for scalable, flexible, and customizable solutions for language learning.
Based on age group, in 2022, the Based on end user, in 2022, the individual learners segment is estimated to account for the largest share of the English language learning market. The rising adoption of smart devices coupled with faster internet penetration, the increasing need for transmission of live content on the internet for better brand engagement and student reach, and the surging social media platforms are expected to drive segment growth in the coming years. In addition, the high number of established language learning sites and consistent launch of mobile apps at reasonable prices by key players contribute to the segment's high growth.
Based on geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. In 2022, Asia-Pacific is expected to account for the largest share of the global English language learning market and is expected to grow at the highest CAGR during the forecast period. The large market share of this region is attributed to the rapid technology adoption across various end-use industries, various schemes launched for supporting the digitization in education, high demand for multilingual professionals, government initiatives to strengthen national education networks, growing need to improve communication across borders, and increasing access to language learning platforms.
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Last Update : Oct 14, 2022 1:05 AM
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