What Is The Definition Of The Global English Language Training (ELT) Market?
English language training (ELT) refers to the activity and industry of teaching English to speakers of other languages. It encompasses various approaches, techniques, and methods involved in teaching English to individuals who use it as a second or foreign language.
English Language Training (ELT) Global Market Report 2024 provides data on the global english language training (elt) market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The English Language Training (ELT) market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Is The Market Size And Growth Rate Of The Global English Language Training (ELT) Market Projected?
The English language training (ELT) market size has grown strongly in recent years. It will grow from $78.73 billion in 2023 to $83.55 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to globalization and international communication, education and career opportunities, the need for effective cross-cultural communication, the surge in popularity of online English language courses, and the rise in internet penetration. The English language training (ELT) market size is expected to see strong growth in the next few years. It will grow to $107.93 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to the growing significance of English, the rising number of students opting to study abroad, increasing globalization, the increasing use of digital platforms and tools, growing demand for a skilled workforce. Major trends in the forecast period include the adoption of technology-enhanced language learning methods, integration of artificial intelligence (AI) and machine learning, product innovation, and public and private investments in digital education infrastructure.
What Are The Primary Growth Drivers In The English Language Training (ELT) Market?
The growing significance of English is poised to drive the growth of the English language training (ELT) market in the coming years. English, as a globally dominant language in business, education, and media, continues to see increasing demand for proficiency. Language training programs play a crucial role in developing communication skills necessary for effective English usage, encompassing speaking, listening, reading, and writing exercises. For example, Preply's analysis in November 2023 highlighted significant interest in learning English across various countries, indicating a growing recognition of English's importance. This trend illustrates how the rising global significance of English is fueling demand for ELT programs, driving market expansion and catering to diverse linguistic needs.
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What Is The Segmentation Of The Global English Language Training (ELT) Market?
The english language training (ELT) market covered in this report is segmented –
1) By Product Type: English For Academic Purposes, English As A Foreign Language, English For Speakers Of Other Languages, English As An Additional Language, English As A Second Language, English For Specific Purposes
2) By Learning Method: Classroom, Online, Blended
3) By Application: Educational And Tests, Businesses, Kids And Teens, Adults
What Emerging Trends Are Shaping The English Language Training (ELT) Market Landscape?
Companies in the English language training (ELT) market are developing solutions like gamified English learning products to make language acquisition more engaging and interactive. These products incorporate gaming elements into educational tools or platforms to teach English skills. For example, in March 2023, Duolingo, a US-based educational technology company, launched Duolingo ABC, a gamified app aimed at children in India. Targeted at kids aged 3–8 years, Duolingo ABC offers over 700 lessons on the alphabet, phonics, and sight words in an engaging format. The app's nine levels allow children to learn at their own pace, expanding Duolingo’s reach to young learners in markets with high demand for English education.
Which Region Has The Fastest Expansion In The English Language Training (ELT) Market?
Asia-Pacific was the largest region in the English language learning market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the english language training (ELT) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
