English Language Learning Market to be Worth $91.1Billion by 2031 - Exclusive Report by Meticulous Research®
1 day ago
REDDING, Calif., Dec. 3, 2024 /PRNewswire/ -- According to a new market research report titled, 'English Language Learning Market Size, Share, Forecast, & Trends Analysis Methodology (Blended, Offline, Online), Learning Mode, Age Group, End User (Individual Learners, Educational Institutes, Government Bodies, Corporate Learners)—Global Forecast to 2031.
The English Language Learning market is expected to reach $91.1 billion by 2031, at a CAGR of 10.6% from 2024 to 2031.
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English is a lingua franca, or a common language, that enables people who do not share a dialect to communicate. Learning English helps individuals build trust with colleagues and clients, improve international relationships, enhance their skill set, command a higher salary, and foster cultural understanding. Proficiency in English also enhances a person's skill set, making them more competitive in the global job market. It often leads to higher salaries, as employers value employees who can effectively communicate with international clients and partners.
Moreover, learning English promotes cultural understanding, allowing individuals to appreciate and engage with diverse perspectives, which is essential for strengthening international relationships in an increasingly interconnected world.
The growth of this market is driven by the rising importance of English in business & professional areas, increasing investments in start-ups & small companies teaching English, and the minimal 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 increasing spending on the education sector and transnational education (TNE) is expected to create market growth opportunities. However, the shortage of trained professionals to teach English is a major challenge for the players operating in this market.
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Additionally, artificial intelligence (AI) & robot technology and e-learning are major trends in the global English language learning market.
English Language Learning Industry Overview: Latest Developments from Key Industry Players
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The English language learning market is segmented based on methodology (blended learning, offline learning, online learning), learning mode (self-learning apps and applications, tutoring (one-on-one learning, group learning), age group (40 years), end user (individual learners, educational institutes (k-12, higher education), government bodies, corporate learners), and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.
Based on methodology, the global English language learning market is segmented into blended learning, offline learning, and online learning. In 2024, the blended learning segment is estimated to account for the largest share of the English language learning market. This segment's large market share is attributed to the increasing need for personalized learning for students, the rising importance of effective learning methodology, the increasing demand for personalized learning, the rise in the adoption of advanced offline & online learning systems for students and working professionals, the ability to manage to learn at individuals' own pace, and flexibility. However, the online learning segment is projected to register the highest CAGR during the forecast period.
Based on learning mode, the global English language learning market is segmented into self-learning apps and applications and tutoring. The tutoring segment is further segmented into one-on-one learning and group learning. In 2024, the tutoring segment is estimated to account for the largest share of the English language learning market. This segment's large market share is attributed to the increasing need for personalized and flexible one-to-one language learning experiences, growing investment in e-learning tools and technologies to enhance the teaching experience, and the increasing demand for cost-effective programs to address the knowledge gap in students. However, the self-learning apps and applications segment is projected to register the highest CAGR during the forecast period.
Based on age group, the global English language learning market is segmented into 40 years. In 2024, the ...
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