Global English Language Training (ELT) Market by Products, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 –2026
The global English language training (ELT) market, is expected to reach a considerable value, expanding at a CAGR of around 19% during the forecast period 2020–2026. The major reasons for the growth of this market are adoption of the language in many countries as its first language, the increasing use of English as a language in business communications, and the need to find a common language which will keep the world interconnected. Other factors such as advancement in technology, growing adoption of online education, and increasing demand for English grammar classes, are anticipated to have a positive impact in the growth of its market.
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English language training (ELT), as the name implies is the teaching of English as a language, to people who wants to learn and explore this language. After mandarin Chinese, English is the most spoken language in the world. It is being spoken, and written in more than 80 countries of the world. The language was popularized by the British, when they colonized many countries including Australia, India, Canada, and South Africa. English, is the most effective language for communication, as it understood, by many people. The rise in number of bilingual speakers, around the world is expected to have a massive impact in the growth of the market.
Market Trends, Drivers, Restraints, and Opportunities:
- The rise of emerging economies especially India, is a driving factor for the growth of the global English language training (ELT) market.
- Globalization of businesses around the world, is anticipated to have a positive impact in the growth of the market.
- Adoption of English, in many countries as its first language, is a reason behind the growth of the market.
- The increasing use of English as a language in business and corporate communications, is anticipated to be a driving factor, for the growth of the market.
- Advancement in technology in the education sector, is expected to be a reason behind the growth of the market.
- The growing adoption of online education, is expected to have a positive impact in the growth of the market.
- Rise in number of bilingual speakers, around the world is expected, to drive the English language market.
- Surge in number of students opting to choose English for their professional degrees, is expected to have a positive impact in the growth of the market.
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Competitive Landscape:
The companies which operate in the global English language training (ELT) market, are quite a few in number. Some of them are
- Oxford University Press
- Linguatronics
- SANS
- OKpanda
- Rosetta Stone
- Voxy
- EF Education First
- Pearson Plc
- Sanoma
- Edusoft
- Cengage Learning, Inc.
The market leaders are looking for various strategies such as partnerships, acquisitions, mergers, and product development to continue their market dominance.
The Global English Language Training (ELT) Market has been segmented on the basis of
Products:
- English for Academic Purposes (EAP)
- English as a Foreign Language (EFL)
- English for Speakers of Other Languages (ESOL) / English as an Additional Language (EAL)
- English as a Second Language (ESL)
- English for Specific (or Vocational) Purposes (ESP)
Applications:
- White-collar Workers
- Students
- Others
Regions:
- Europe
- North America
- Middle East and Africa
- Latin America
- Asia Pacific
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Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- English Language Training (ELT) Market Overview
- Global English Language Training (ELT) Market Analysis and Forecast by Type
- Global English Language Training (ELT) Market Analysis and Forecast by Application
- Global English Language Training (ELT) Market Analysis and Forecast by Sales Channel
- Global English Language Training (ELT) Market Analysis and Forecast by Region
- North English Language Training (ELT) Market Analysis and Forecast
- Latin English Language Training (ELT) Market Analysis and Forecast
- Europe English Language Training (ELT) Market Analysis and Forecast
- Asia Pacific English Language Training (ELT) Market Analysis and Forecast
- Middle East & Africa English Language Training (ELT) Market Analysis and Forecast
- Competition Landscape
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