The potential growth difference for the business English language training market between 2021 and 2026 is USD 7.20 billion, according to the latest market analysis report by Technavio. The report also claims the market to record an accelerating growth momentum at a CAGR of 9.76% during the projected period. The analysts at Technavio have categorized the global business English language training market as a part of the global education services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the business English language training market during the forecast period.
To get the exact yearly growth variance and the Y-O-Y growth rate along with the market scope, Read Sample Report.
Vendor Landscape
- The business English language training market is fragmented and the vendors are deploying growth strategies such as launching campaigns globally to train individual learners to compete in the market. To make the most of the opportunities and recover from post pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
- The business English language training market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. The competitive scenario provided in the report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Top Companies Mentioned with their Offerings
·
- Berlitz Corp.: The company offers customized programs business English language training through face to face and online.
- Coursera Inc.: The company offers various online courses on business English language training such as business english for non native speakers specialization, business English and others.
- edX LLC.: The company offers online course under the name of English for business networking
- EF Education First Ltd.: The company offers online courses include fully independent self study programs for business English language training.
- inlingua International Ltd.:The company offers high quality language training for business English language training.
Some other dominant players covered in this report are:
·
- Alison
- British Council
- Innovative Language Learning LLC
- Hello-Hello LLC
- italki HK Ltd.
- Language Trainers Corp.
- Lingoda GmbH
- Memrise Ltd.
- Pearson Plc
- Rosetta Stone Ltd.
- Sanako Oy
- Talaera LLC
- The Linguist Institute Ltd.
- Udemy Inc.
- WordDive Ltd.
- Want to Know more about the key product offerings from other contributing vendors, Request for Sample
Key Market Dynamics:
- Market Trend: The growing emphasis on virtual training is a business English language training market trend that is expected to have a positive impact in the coming years.
- Market Challenge: The advent of open-source materials and courses will be a major challenge for the business English language training market during the forecast period.
For additional insights on other key market dynamics, Fetch this Sample Report Copy
Market Segment Highlights
The business English language training market report is segmented by End-user (Institutional learners and Individual learners) and Geography (APAC, Europe, North America, South America, and Middle East and Africa).
Regional Growth Analysis
- APAC will be the leading region with 46% of the market's growth during the forecast period.
- China, India, and Japan are the key markets for business English language training in APAC. Market growth in this region will be faster than the growth of the market in other regions.
- The vast learner base in China, Japan, and India will facilitate the business English language training market growth in APAC over the forecast period.
Revenue-generating Segment Highlights
The institutional learners segment accounted for the largest business English language training market share in 2021. The global business English language training market by institutional learners is expected to experience steady growth during the forecast period.
The prominent factor driving the growth of the market is the increasing demand for the globalization of businesses. As a result, many corporate organizations are increasingly training their employees to be proficient in business English.
Download Sample Report for actionable insights into the accurate prediction of the contribution of all the segments.
Related Reports:
Digital English Language Learning Market in APAC by End-user, Deployment, and Geography - Forecast and Analysis 2021-2025
English Language Training Market in China by End-user and Learning Methods - Forecast and Analysis 2021-2025
Business English Language Training Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.76% |
Market growth 2022-2026 |
$ 7.20 billion |
Market structure |
Fragmented |
YoY growth (%) |
8.6 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 46% |
Key consumer countries |
US, China, India, Japan, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Alison, Berlitz Corp., British Council, Coursera Inc., edX LLC., EF Education First Ltd., Hello-Hello LLC, inlingua International Ltd., Innovative Language Learning LLC, italki HK Ltd., Language Trainers Corp., Lingoda GmbH, Memrise Ltd., Pearson Plc, Rosetta Stone Ltd., Sanako Oy, Talaera LLC, The Linguist Institute Ltd., Udemy 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 future consumer dynamics, market condition analysis for 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. |
Key Topics Covered:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Learning Method
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 25: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 26: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 27: Chart on Comparison by End-user
- Exhibit 28: Data Table on Comparison by End-user
- 5.3 Institutional learners - Market size and forecast 2021-2026
- Exhibit 29: Chart on Institutional learners - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Data Table on Institutional learners - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Chart on Institutional learners - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Institutional learners - Year-over-year growth 2021-2026 (%)
- 5.4 Individual learners - Market size and forecast 2021-2026
- Exhibit 33: Chart on Individual learners - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Data Table on Individual learners - Market size and forecast 2021-2026 ($ million)
- Exhibit 35: Chart on Individual learners - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Individual learners - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by End-user
- Exhibit 37: Market opportunity by End-user ($ million)
6 Market Segmentation by Learning Method
- 6.1 Market segments
- Exhibit 38: Chart on Learning Method - Market share 2021-2026 (%)
- Exhibit 39: Data Table on Learning Method - Market share 2021-2026 (%)
- 6.2 Comparison by Learning Method
- Exhibit 40: Chart on Comparison by Learning Method
- Exhibit 41: Data Table on Comparison by Learning Method
- 6.3 Online learning - Market size and forecast 2021-2026
- Exhibit 42: Chart on Online learning - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on Online learning - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on Online learning - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Online learning - Year-over-year growth 2021-2026 (%)
- 6.4 Blended learning - Market size and forecast 2021-2026
- Exhibit 46: Chart on Blended learning - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Blended learning - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Blended learning - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Blended learning - Year-over-year growth 2021-2026 (%)
- 6.5 Market opportunity by Learning Method
- Exhibit 50: Market opportunity by Learning Method ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 52: Chart on Market share by geography 2021-2026 (%)
- Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 54: Chart on Geographic comparison
- Exhibit 55: Data Table on Geographic comparison
- 8.3 APAC - Market size and forecast 2021-2026
- Exhibit 56: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 57: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 58: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 59: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 8.4 Europe - Market size and forecast 2021-2026
- Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 8.5 North America - Market size and forecast 2021-2026
- Exhibit 64: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 65: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 66: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 67: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 8.6 South America - Market size and forecast 2021-2026
- Exhibit 68: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 69: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 70: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 8.8 China - Market size and forecast 2021-2026
- Exhibit 76: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 77: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 78: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on China - Year-over-year growth 2021-2026 (%)
- 8.9 US - Market size and forecast 2021-2026
- Exhibit 80: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 81: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 82: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on US - Year-over-year growth 2021-2026 (%)
- 8.10 India - Market size and forecast 2021-2026
- Exhibit 84: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 85: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 86: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on India - Year-over-year growth 2021-2026 (%)
- 8.11 UK - Market size and forecast 2021-2026
- Exhibit 88: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 89: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 90: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 8.12 Japan - Market size and forecast 2021-2026
- Exhibit 92: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 93: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 94: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 8.13 Market opportunity by geography
- Exhibit 96: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.3 Impact of drivers and challenges
- Exhibit 97: Impact of drivers and challenges in 2021 and 2026
10 Vendor Landscape
- 10.2 Vendor landscape
- Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 99: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 100: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 101: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 102: Matrix on vendor position and classification
- 11.3 Alison
- Exhibit 103: Alison - Overview
- Exhibit 104: Alison - Product / Service
- Exhibit 105: Alison - Key news
- Exhibit 106: Alison - Key offerings
- 11.4 Berlitz Corp.
- Exhibit 107: Berlitz Corp. - Overview
- Exhibit 108: Berlitz Corp. - Product / Service
- Exhibit 109: Berlitz Corp. - Key offerings
- 11.5 Coursera Inc.
- Exhibit 110: Coursera Inc. - Overview
- Exhibit 111: Coursera Inc. - Business segments
- Exhibit 112: Coursera Inc. - Key news
- Exhibit 113: Coursera Inc. - Key offerings
- Exhibit 114: Coursera Inc. - Segment focus
- 11.6 edX LLC.
- Exhibit 115: edX LLC. - Overview
- Exhibit 116: edX LLC. - Product / Service
- Exhibit 117: edX LLC. - Key offerings
- 11.7 EF Education First Ltd.
- Exhibit 118: EF Education First Ltd. - Overview
- Exhibit 119: EF Education First Ltd. - Product / Service
- Exhibit 120: EF Education First Ltd. - Key offerings
- 11.8 inlingua International Ltd.
- Exhibit 121: inlingua International Ltd. - Overview
- Exhibit 122: inlingua International Ltd. - Product / Service
- Exhibit 123: inlingua International Ltd. - Key offerings
- 11.9 Language Trainers Corp.
- Exhibit 124: Language Trainers Corp. - Overview
- Exhibit 125: Language Trainers Corp. - Product / Service
- Exhibit 126: Language Trainers Corp. - Key offerings
- 11.10 Pearson Plc
- Exhibit 127: Pearson Plc - Overview
- Exhibit 128: Pearson Plc - Business segments
- Exhibit 129: Pearson Plc - Key offerings
- Exhibit 130: Pearson Plc - Segment focus
- 11.11 Rosetta Stone Ltd.
- Exhibit 131: Rosetta Stone Ltd. - Overview
- Exhibit 132: Rosetta Stone Ltd. - Business segments
- Exhibit 133: Rosetta Stone Ltd. - Key offerings
- Exhibit 134: Rosetta Stone Ltd. - Segment focus
- 11.12 The Linguist Institute Ltd.
- Exhibit 135: The Linguist Institute Ltd. - Overview
- Exhibit 136: The Linguist Institute Ltd. - Product / Service
- Exhibit 137: The Linguist Institute Ltd. - Key offerings
12 Appendix
- 12.2 Inclusions and exclusions checklist
- Exhibit 138: Inclusions checklist
- Exhibit 139: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 140: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 141: Research methodology
- Exhibit 142: Validation techniques employed for market sizing
- Exhibit 143: Information sources
- 12.5 List of abbreviations
- Exhibit 144: List of abbreviations
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