DUBLIN--(BUSINESS WIRE)--The "English Language Learning Market by Methodology, Learning Mode, Age Group, End User, and Geography - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.
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.
Key questions answered in the report:
- Which are the high-growth market segments in terms of methodology, learning mode, age group, end user, and countries?
- What is the historical market for English language learning across the globe?
- What are the market forecasts and estimates from 2022-2029?
- What are the major drivers, restraints, and opportunities in the global English language learning market?
- Who are the major players in the global English language learning market, and what shares of the market do they hold?
- Who are the major players in various countries, and what shares of the market do they hold?
- How is the competitive landscape?
- What are the recent developments in the global English language learning market?
- What are the different strategies adopted by the major players in the global English language learning market?
- What are the geographical trends and high-growth countries?
- Who are the local emerging players in the global English language learning market and how do they compete with the other players?
Companies Mentioned
- Cambridge University Press (U.K.)
- New Oriental Education & Technology Group Inc. (China)
- Houghton Mifflin Harcourt Company (U.S.)
- McGraw-Hill Education Inc. (U.S.)
- Duolingo Inc. (U.S.)
- Berlitz Corporation (U.S.)
- Busuu Online S.L. (Spain)
- Babble GMBH (Germany)
- Linguistica 360 Inc. (U.S.)
- Mondly (Romania)
- ELSA Corp. (U.S.)
- FluentU (A part of Enux Education Limited) (China)
- Memrise Inc. (U.K.)
- Mango Languages (U.S.)
- Rosetta Stone Ltd. (A part of IXL Learning Inc.) (U.S.)
- Inlingua International Ltd. (Switzerland)
- Sanako Corporation (Finland)
- Transparent Language Inc. (U.S.)
- Open Education LLC (U.S.)
Scope of the Report:
English language learning Market, by Methodology
- Blended Learning
- Offline Learning
- Online Learning
English language learning Market, by Learning Mode
- Self-learning Apps and Applications
- Tutoring
- One-on-One Learning
- Group Learning
English language learning Market, by Age Group
- < 18 Years
- 18-20 years
- 21-30 years
- 31-40 years
- >40 years
English language learning Market, by End User
- Individual Learners
- Educational Institutes
- K-12
- Higher Education
- Government Bodies
- Corporate Learners
English language learning Market, by Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Rest of Middle East & Africa
For more information about this report visit https://www.researchandmarkets.com/r/ry6qqp
