The business English language training market is poised to grow by $ 26.20 bn during 2020-2024, progressing at a CAGR of almost 10% during the forecast period.
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Technavio has announced its latest market research report titled Global Business English Language Training Market 2020-2024 (Graphic: Business Wire)
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The report on the business English language training market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the high demand for vocational English training.
The business English language training market analysis includes end-user segment, learning method segment and geography landscape. This study identifies the growing emphasis on virtual training as one of the prime reasons driving the business English language training market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The business English language training market covers the following areas:
Business English Language Training Market Sizing
Business English Language Training Market Forecast
Business English Language Training Market Analysis
Companies Mentioned
- Berlitz Corp.
- Coursera Inc.
- edX Inc.
- EF Education First Ltd.
- inlingua International Ltd.
- Language Trainers Corp.
- Pearson Plc
- Rocket Languages Ltd.
- Rosetta Stone Ltd.
- The Linguist Institute Ltd.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Institutional learners – Market size and forecast 2019-2024
- Individual learners – Market size and forecast 2019-2024
- Market opportunity by End-user
Market Segmentation by Learning method
- Market segments
- Comparison by Learning method
- Blended learning – Market size and forecast 2019-2024
- Online learning – Market size and forecast 2019-2024
- Market opportunity by Learning method
Customer landscape
- Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Impact of COVID-19 pandemic on the segment
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Berlitz Corp.
- Coursera Inc.
- edX Inc.
- EF Education First Ltd.
- inlingua International Ltd.
- Language Trainers Corp.
- Pearson Plc
- Rocket Languages Ltd.
- Rosetta Stone Ltd.
- The Linguist Institute Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201222005269/en/