Meticulous Research®—a leading global market research
company, published a research report titled, ‘South
East Asia English Language Learning Market by Methodology (Blended
Learning, Online Learning), Learning Mode, Age Group, End User (Individual
Learners, Educational Institutes, Corporate Learners), and Country - Forecast
to 2030.’
According to this latest publication from Meticulous Research®,
the South East Asia English Language Learning Market is projected to reach $5.5
billion by 2030, at a CAGR of 10% from 2023 to 2030. The growth of this market
is driven by globalization and the growing need for cross-border communication
and the rising demand for English language in business and professional areas.
Furthermore, increasing spending on the education sector and growing
preferences for multilingual employees by multinational companies are expected
to create opportunities for market growth.
However, the reluctance to accept English as a primary
language for communication in some countries restrains the growth of this
market. Additionally, the lack of trained professionals to teach the English
language is a major challenge for players in this market.
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The high adoption of artificial intelligence (AI) in
e-learning is a prominent trend in the South East Asia English language
learning market.
The South East Asia English language learning market is
segmented by methodology, learning mode, age group, and end user. The study
also evaluates industry competitors and analyses the market at the country
level.
Based on methodology, the South East Asia English language
learning market is segmented into blended learning, offline learning, and
online learning. In 2023, the blended learning segment is expected to account
for the largest share of the South East Asia English language learning market.
The increasing demand for online and hybrid learning courses, the rising
adoption of blended learning in professional training, and the increasing
demand for personalized learning are driving the growth of this segment.
However, the online learning segment is projected to register the highest CAGR
during the forecast period due to the increasing adoption of digitalization in
the education sector, the rising penetration of smartphones, the emergence of
new online learning platforms, and the growing demand for e-learning.
Based on learning mode, the South East Asia English language
learning market is segmented into self-learning apps and tutoring. The tutoring
segment is further segmented into one-on-one learning and group learning. In
2023, the tutoring segment is expected to account for the largest share of the
South East Asia English language learning market. The growth of this segment is
driven by the rising adoption of personalized and flexible English language
learning platforms, rising demand for cost-effective programs for corporates
and businesses, and increasing adoption of e-learning apps. However, the
self-learning apps segment is projected to register the highest CAGR during the
forecast period due to the increasing demand for language learning apps, the
rising preference for self-paced learning, and technological advancements that
enable the creation of media-based language learning materials, such as texts,
pictures, animation, audio, and video to enhance student engagement.
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Based on age group, the South East Asia English language
learning market is segmented into <18 years, 18–20 years, 21–30 years, 31–40
years, and >40 years. In 2023, the <18 years segment is expected to
account for the largest share of the South East Asia English language learning
market. The increasing demand for children’s learning apps, the growing demand
for various language learning courses, the rising number of English learners,
and the growing number of student immigrants for higher education are expected
to drive the segment growth in the coming years. However, the 18–20 years
segment is projected to register the highest CAGR during the forecast period
due to the growing need to enhance employability and competitiveness in job
opportunities, the growing demand for deeper engagement with diverse cultures,
history, and arts, as well as an increasing demand for enriching study abroad
experiences.
Based on end user, the South East Asia English language
learning market is segmented into individual learners, educational institutes,
government bodies, and corporate learners. In 2023, the individual learner’s
segment is estimated to account for the largest share of the South East Asia
English language learning market. The growth of this segment is driven by the
increasing number of English language learning sites, free language apps,
rising use of social media platforms, and increasing smartphone users. The
segment is also projected to register the highest CAGR during the forecast
period.
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Based on country, the South East Asia English language
learning market is segmented into Indonesia, Vietnam, Thailand, Malaysia,
Singapore, Philippines, and the Rest of South East Asia. In 2023, Indonesia is
expected to account for the largest share of the South East Asia English
language learning market. The large market share of Indonesia is mainly
attributed to the growing demand for language learning apps in the country,
increasing government initiatives for adopting eBooks, rising investments in
English language learning start-ups and small companies, and rising need for
cost-effective programs that address the knowledge gap in students. The market
in Indonesia is also projected to register the highest CAGR during the forecast
period.
Key Players:
The key players operating in the South East Asia English
language learning market include Duolingo Inc. (U.S.), Berlitz Corporation
(U.S.), Busuu Ltd (U.K.), Babbel 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),
Cambridge University Press (U.K.), New Oriental Education & Technology
Group Inc. (China), Houghton Mifflin Harcourt Company (U.S.), McGraw-Hill Education,
Inc. (U.S.), Sanako Corporation (Finland), Transparent Language, Inc. (U.S.),
and Open Education LLC (U.S.).
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Key questions answered in the report-
Which are the high-growth market segments based on
methodology, learning mode, age group, and end user?
What was the historical market for South East Asia English
language learning market?
What are the market forecasts and estimates for 2023–2030?
What are the major drivers, restraints, opportunities,
challenges, and trends in the South East Asia English language learning market?
Who are the major players in the South East Asia English
language learning market, and what are their market shares?
What is the competitive landscape in the South East Asia
English language learning market?
What are the recent developments in the South East Asia
English language learning market?
What strategies are adopted by the major players in the
South East Asia English language learning market?
What are the key geographic trends, and which are the
high-growth countries?
Who are the local emerging players in the South East Asia
English language learning market, and how do they compete with the other
players?
Related Research Report
English Language Learning Market by Methodology
(Blended Learning, Offline Learning, Online Learning), Learning Mode, Age
Group, End User (Individual Learners, Educational Institutes, Government
Bodies, Corporate Learners), and Geography - Global Forecast to 2030…https://www.meticulousresearch.com/product/english-language-learning-market-5127/?utm_source=pr&utm_medium=social&utm_campaign=product&utm_content=16-10-2023
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