English is a language that can be globally used and very well understood. Thus, to have better communication and sustain an individual position in this competitive world, English language learning solutions are essential. In its latest publication on English Language Learning Market, Meticulous Researchanalyses that the global market is expected to grow at a CAGR of 6.2% from 2020 to 2027 to reach $54.92 billion.
Factors such as the penetration of artificial intelligence in e-learning, the rising importance of the English language for business and professional reasons, increased investments for English language learning start-ups and small companies, and affordable English language learning applications are majorly driving the global English language learning market. Also, transnational education and increasing spending on the education sector provide opportunities for the growth of the market.
To provide efficient analysis, Meticulous Researchhas segmented this market by methodology (offline/classroom-based learning, online learning, and blended learning), end user (individual learners, education institutions, government institutions, and corporate learners), and geography (Asia-Pacific, Europe, North America, the Middle East & Africa, and Latin America).
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Scope of the Report:
English Language Learning Market, by Methodology
- Offline/Classroom-based Learning
- Online Learning
- Blended Learning
English Language Learning Market, by End-User
- Individual Learners
- Education Institutions
- Government Institutions
- Corporate Learners
English Language Learning Market, by Geography
- Asia Pacific
- South Korea
- Rest of APAC (RoAPAC)
- Rest of Europe (RoE)
- North America
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
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In 2020, geographically, Asia-Pacific is projected to command the largest share of the global English language learningmarket, closely followed by Europe and North America. Increasing education spending, rising awareness of advanced learning solutions, and increasing government focus on effective learning through various schemes supports the growth of the European market.
On the basis of methodology, the online learning segment is growing at the fastest rate during the forecast period. Globalization, urbanization, and the desire for better education and employment opportunities drive this market’s growth. With the advent of the Internet, information and communications technology (ICT) tools are being used to provide learning content in digital formats.
In 2020, based on end user, the individual learners segment is projected to command the largest share of the global English language learning market. The growing accessibility of the Internet, increased mobile phone user base, and learners’ focus on self-development are the key factors driving the growth of the English language learning market for individual learners.
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The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence on some of the key players in this market, including Cambridge University Press (U.K.), Rosetta Stone Inc. (U.S.), Sanako Corporation (Finland), Duolingo Inc. (U.S.), Transparent Language, Inc. (U.S.), Busuu, Ltd. (U.K.), New Oriental Education & Technology Group Inc. (China), Houghton Mifflin Harcourt (U.S.), Memrise Inc. (U.K.), McGraw-Hill Education, Inc. (U.S.), Lesson Nine GmbH (Germany), and ELSA Corp. (U.S.)
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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
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