PUBLISHER: Value Market Research | PRODUCT CODE: 1392274
PUBLISHER: Value Market Research | PRODUCT CODE: 1392274
The global demand for English Language Training Market is presumed to reach the market size of nearly USD 117.85 BN by 2030 from USD 78.5 BN in 2022 with a CAGR of 5.21% under the study period 2023 - 2030.
English language training (ELT) refers to educational programs and courses designed to teach individuals the English language. These training programs cater to individuals of diverse backgrounds and proficiency levels, aiming to enhance their speaking, listening, reading, and writing English proficiency.
The English language training (ELT) market experiences growth driven by diverse factors. The global demand for English proficiency, stemming from its status as a universal language for communication, fuels the market as individuals seek to improve their skills for academic, professional, and personal purposes. Career advancement in multinational companies, academic requirements for studying abroad, and immigration to English-speaking countries are significant motivators for ELT enrollment. The online learning platforms accessibility and flexibility have revolutionized ELT, attracting learners worldwide. Corporate training programs also contribute to market growth as companies invest in enhancing employees' communication skills for global business interactions. Government initiatives promoting English language learning, coupled with the expanding middle-class population in emerging economies aspiring for better opportunities, further stimulate the market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of english language training. The growth and trends of english language training industry provide a holistic approach to this study.
This section of the english language training market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the English Language Training market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the English Language Training market include Pearson ELT, New Channel International, Wall Street English, iTutorGroup, Vipkid, Inlingua International, McGraw-Hill Education, Berlitz Languages, Rosetta Stone, 51talk, Houghton Mifflin Harcourt, New Oriental, AEON, EF Education First, Meten English, Voxy, Global Education (GEDU), and others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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