According to a new
market research report “English Language Learning Market by Methodology (Offline Learning, Online
Learning, Blended Learning), End User (Individual, Education, Government,
Corporate Learners) - Global Forecast to 2027”, published by Meticulous Research®, the
English Language Learning Market is expected to grow at a CAGR of 6.2% from
2020 to reach $54.9 billion by 2027.
Download Free
Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5127?utm_source=blog&utm_medium=social&utm_campaign=Product&utm_content=22-02-2022
English language
learning solutions include various methodologies, such as offline learning,
online learning, and blended learning. 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 the main driving factors. Furthermore, factors such as
increasing investments in the education sector and transnational education
represent high-growth opportunities for players operating in this market during
the forecast period. However, factor such as data security & privacy
concerns is expected to hinder the growth of this market to some extent.
Across the globe,
technological advances have made the provision and management of English
language learning more accessible. New technologies, such as the IoT, cloud
computing, mobile Internet, and wearable gadgets, have resulted in the
proliferation of English online language learning products and applications.
Recent developments, such as the advent of social networking platforms, voice
recognition, and computer video cameras, have further expanded the potential of
technology to enhance language learning.
Due to the coherent
benefits of these technologies, modernization of English and other foreign
language learning has been the major focus of many companies, which has paved
the way for online language learning platforms. Following this, neural network
capabilities were utilized together with AI language education platforms to
revolutionize education for students and teachers as well as the enterprise
sector. AI algorithms have the potential to advance E-learning in every field.
In language learning, AI personalizes teachings and lessons to each learner,
reducing the time, cost, and frustration involved in completing online or
app-based courses. The integration of AI helps in developing customized English
language learning solutions and tracking the learners’ progress. Also, it helps
in integrating data from different sources and customizing it for learners.
Further, the introduction of wearable technology to learn languages is one of
the key trends expected to gain traction in the corporate English language
learning market.
Key questions answered
in the report-
- Which are
the high growth market segments in terms of methodology, end-user, and
region/countries?
- What was the
historical market for English language learning across the globe?
- What are the
market forecasts and estimates for the period 2020-2027?
- What are the
major drivers, restraints, opportunities, and trends in the global English
language learning market?
- Who are the
major players in the English language learning market?
- How is the
competitive landscape and who are the market leaders in the global English
language learning market?
- 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 regions/countries?
Have Any Query? Speak
to Analyst at
Impact of COVID-19 on
the English Language Learning Market
The COVID-19 pandemic
has significantly impacted the adoption of E-learning platforms. As most
schools, colleges, and education institutes are closed, the focus on remote
learning platforms has increased. Also, online E-learning platforms are turning
out to be a big success in education, especially in schools and higher
education, by increasing retention of information through virtual learning.
Therefore, the adoption of online E-learning platforms, including English
language learning platforms, is experiencing high growth and will continue to
grow in the future.
Citing the high
potential of this market, key players & governments are actively working to
improve their online English language learning platforms. For instance:
• In August 2020,
Rosetta Stone Inc. (U.S.) launched Rosetta Stone English for improving
speaking, listening, and grammar for academic success. The company believed,
due to the lack of blended programs, Rosetta Stone English could be made
available to schools and educators to reach their Emergent Bilinguals during
the pandemic. This program helps educators track and get detailed insight into
students’ performance, whether learning is done in the classroom or remotely.
• The Ministry of
Education in the U.K. has been working to increase the translation of COVID-19
materials and ensure that immigrant and refugee service centers also have
access to ongoing learning materials.
However, the pandemic
has led to decreased offline English language learning as schools are being
operated online and by using blended learning.
Order Complete
Report https://www.meticulousresearch.com/Checkout/73019114?utm_source=blog&utm_medium=social&utm_campaign=Product&utm_content=22-02-2022
The overall English
language learning market is primarily segmented by methodology (offline
learning, online learning, blended learning), end user (individual learners,
educational institutions, government institutes, corporate learners) and
geography. The study also evaluates industry competitors and analyzes their
market share at the global and regional level.
On the basis of
methodology, the blended learning segment commanded the largest share of the
overall English language learning market in 2020. The largest share of this
segment is mainly attributed to its fact that this method is time &
location independent. Moreover, the increasing need for personalized learning
for students, rising importance for effective learning methodology, ability to
manage learning at individuals’ own pace, and flexibility supported the largest
share. However, due to the emergence of new technologies and improvement in
digital tools and techniques available online, the online segment is gaining
traction in coming years.
Based on end user, the
overall English language learning (ELL) market is categorized into individual
learners, corporate learners, education institutes, and government
institutions. In 2020, the individual learners segment accounted for the largest
share of the overall English Language Learning Market. Factors contributing to
the large share of this segment include the increasing number of smartphone
users, increasing K-12 settings & penetration of online learning, and the
emergence of the coronavirus pandemic.
On the basis of
geography, in 2020, Asia-Pacific region dominated the global English language
learning market. The factors driving the growth of the Asia-Pacific English
language learning market are growing government focus towards the education
sector, high adoption of digital technologies in educational facilities, high
education expenditure, rapidly developing economies, various schemes launched
for supporting the digitization in education, and increasing disposable income
leading to the penetration of the Internet.
The report also
includes extensive assessment of the product portfolio, geographic analysis,
and key strategic developments adopted by leading market participants in the
industry over the past few years. The English Language Learning Market has
witnessed number of partnerships and new product launches & approvals in
the recent years.
The key players
operating in the overall English language learning market are 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-HillEducation, Inc.
(U.S.), Lesson Nine GmbH (Germany), and ELSA Corp. (U.S.) among others.
TOP 10 COMPANIES IN ENGLISH LANGUAGE LEARNING MARKET
Scope of the Report:
English Language
Learning Market, by Methodology
- Blended
Learning
- Offline
Learning
- Online
Learning
English Language
Learning Market, by End User
- Individual
Learners
- Education
Institutions
- Government
Institutions
- Corporate
Learners
English Language
Learning Market, by Geography
- Asia Pacific
- China
- Japan
- South Korea
- India
- Indonesia
- Australia
- Rest of
APAC (RoAPAC)
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of
Europe (RoE)
- North
America
- U.S.
- Canada
- Mexico
- Middle East
& Africa
- Saudi
Arabia
- Rest of
Middle East & Africa
- Latin
America
- Brazil
- Rest of
Latin America
Download Free
Sample Report Now @
No comments:
Post a Comment