Meticulous research®– a leading global market research firm, published a research report titled “English Language Learning Market by methodology (mixed, offline, online), learning mode, age group, end-users (individual learners, educational institutes, government agencies, corporate learners) and geography – global projections to 2029”.
According to this latest publication from Meticulous Research®the globe English learning market is expected to grow at a CAGR of 9.5% from 2022–2029 to reach $69.62 billion by 2029. The ever-increasing importance of English in business and professional fields, increasing investment in startups and small businesses that teach English, and the minimal cost of English language learning apps are some of the key drivers behind the growth of this market. However, the reluctance to accept English as the primary means of communication in some countries may inhibit the growth of this market.
The rising spending on education sector and transnational education (TNE) is expected to create market growth opportunities. However, the lack of trained professionals to teach English is a major challenge for players operating in this market. Additionally, artificial intelligence (AI) and robotic technology and e-learning are major trends in the global English language learning market.
The global English language learning market is segmented on the basis of methodology, learning mode, age group and end-user. The study also evaluates industry competitors and analyzes the market at country level.
Based on the methodology, The English language learning market is segmented into blended learning, offline learning and online learning. In 2022, the blended learning segment is expected to have the largest share of the English language learning market. The increasing demand for personalized learning, the increasing adoption of advanced offline and online learning systems for students and professionals, the increasing importance…
source_link https://www.digitaljournal.com/pr/english-language-learning-market-to-be-worth-69-62-billion-by-2029-meticulous-research