Le Lézard
Classified in: Covid-19 virus
Subject: MRR

Digital English language learning market recorded 15.4% growth between 2021 and 2022; Insights on top countries such as the UK, among others - Technavio


NEW YORK, Feb. 6, 2023 /PRNewswire/ -- The UK is the leading market in Europe and contributes to the top education services among the different countries. The UK Educational Services sector comprises establishments that provide instruction and training in a wide variety of subjects. This instruction and training are provided by specialized establishments, such as schools, colleges, universities, and training centers. In the wake of the pandemic in 2020, most institutions of higher education have shuttered their physical campuses for the academic year and moved their summer sessions online. To know more, Buy the Report!

In the first quarter of 2020, the COVID-19 pandemic led to the imposition of nationwide lockdowns imposed by the governments of several countries. These lockdowns led to the closure of academic institutions and offices. Even after the lockdowns were lifted during the second half of 2020, many offices remained closed to contain the spread of the disease. This, in turn, led to the need to improve the efficiency and productivity of non-academic and academic learners. Therefore, corporates started to spend significantly on professional development training of their existing employees to get a competitive edge. For more insights ? Download a Sample Report!

The UK is one of the top key country contributors to the global digital English language learning market. The market is segmented by type (non-academic learners and academic learners), end-user (non-residential and residential), deployment (on-premise and cloud-based), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The global digital English language learning market is estimated to grow at a CAGR of 16.78% between 2021 and 2026. The size of the market is forecasted to increase by USD 14.37 billion.

The major vendors for the global digital English language learning market include Benesse Holdings Inc., Cambridge University Press, Cengage Learning Holdings II Inc., Chegg Inc., digital publishing AG, EF Education First Ltd., ELSA Co. Ltd., Houghton Mifflin Harcourt Co., inlingua International Ltd., IXL Learning Inc., John Wiley and Sons Inc., New Oriental Education and Technology Group Inc., Oxford University Press, Pearson Plc, Sanako Oy, Transparent Language Inc., Voxy Inc., and WordDive Ltd. To know about the vendor offerings, Request a PDF Sample!

The rise in tourism is notably driving market growth, although factors such as high investments in digital learning infrastructure may impede the market growth.

Gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Related Reports ?

Digital English Language Learning Market 2022-2026: Key Highlights

Digital English Language Learning Market Scope

Report Coverage

Details

Page number

149

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 16.78%

Market growth 2022-2026

USD 14.37 billion

Market structure

Fragmented

YoY growth 2021-2022 (%)

15.4

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 45%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Key companies profiled

Benesse Holdings Inc., Cambridge University Press, Cengage Learning Holdings II Inc., Chegg Inc., digital publishing AG, EF Education First Ltd., ELSA Co. Ltd., Houghton Mifflin Harcourt Co., inlingua International Ltd., IXL Learning Inc., John Wiley and Sons Inc., New Oriental Education and Technology Group Inc., Oxford University Press, Pearson Plc, Sanako Oy, Transparent Language Inc., Voxy Inc., and WordDive Ltd.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio's consumer discretionary market reports

Table of contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by End-user

6 Market Segmentation by Deployment

7 Customer Landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


These press releases may also interest you

25 avr 2024
Ankur Daga, CEO of Angara, a leading online DTC fine jewelry retail brand, has been named the winner of a Gold Stevie® Award in the Best Entrepreneur - Retail category in the 22nd Annual American Business Awards®. Ankur Daga Wins Gold...

25 avr 2024
The report titled "Identity Governance & Administration Market by Component (Services, Solution), Modules (Access Certification & Compliance Control, Access Management, Identity Lifecycle Management), Organization Size, Deployment, Vertical - Global...

25 avr 2024
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of QuidelOrtho Corporation between February 18, 2022 and April 1, 2024, both dates inclusive (the "Class Period") of the important June 11, 2024 lead...

25 avr 2024
Results  For the year ended January 31, 2024, the Company's revenues decreased by $139,027,000 to $578,945,000 compared to $717,972,000 recorded for the year ended January 31, 2023, a decrease of 19.4%. This decrease is mainly explained by the...

25 avr 2024
Lendistry announces today that it has been selected to administer the Entertainment Business Interruption Fund Program (BIF) to support small Los Angeles County businesses serving the entertainment industry. This program, created and funded through...

25 avr 2024
Rocky Mountain Liquor Inc. (the "Company" or "Rocky Mountain"), listed on the TSX Venture Exchange (the "Exchange"), today reported its financial results for the full year and fourth quarter ended December 31, 2023.KEY...



News published on and distributed by: