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Asia Pacific Digital English Language Learning Market is expected to reach US$ 5,974.6 Million by 2027 with CAGR of 17.2%.

07-10-2020 02:01 PM CET | IT, New Media & Software

Press release from: Business Market Insights

Digital English Language Learning Market

Digital English Language Learning Market

The digital English language learningmarket was valued at US$ 1,678.6 Million 2019 and is expected to grow at a CAGR of 17.2% from 2020 to 2027 to reach US$ 5,974.6 Million by 2027.

The digital revolution has changed almost every aspect of society. The astonishing progress of the information and communication technology (ICT) industry has brought a paradigm shift to various business sectors, including the education sector. Digitization has had a major impact on the education sector. The Education Department simplifies the learning process by leveraging the power of technology to simplify the learning process more interactive for students.
Traditionally, English learning has relied solely on human educational skills that are tailored to the tasks and abilities that teachers present to understand different levels of student competence.

The Technology, Media and Telecom sector is a group of industries that includes the majority of companies focused on new technologies. As this industry segment is widespread, it may be convenient to divide TMT into sub-sectors such as hardware, semiconductor, software, media and communications.

The Asia Pacific Digital English Language Learning market is growing along with the Technology, Media and Telecommunications industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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In the current market scenario, an increasing trend among the Asian students to enroll themselves in universities located in the western countries for higher education including post-graduation. Majority of the candidates from Asian countries especially India and China enroll themselves for Test of English as a Foreign Language (TOEFL), International English Language Testing System (IELTS), Graduate Record Examination (GRE), and Test of English for International Communication (TOEIC). The Test of English as a Foreign Language (TOEFL), International English Language Testing System (IELTS) are the tests conducted to asses a non-native candidate’s English fluency level.

Pertaining to the fact that, these examinations and the universities and schools which accept these examination qualified students, require proper English speaking and writing skills. This factor compels the enrolling candidates to opt for English Language Training (ELT) institutes. The burgeoning demand for these competitive exams has led to the establishment of various English Language Training (ELT) institutions across the countries, which in turn has catalyzed the different methods of English learning techniques.

These factors are expected to offer broad growth opportunities in the Technology, Media and Telecommunications industry and this is expected to cause the demand for Digital English Language Learning assays in the market.

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Digital English Language Learning – MARKET SEGMENTATION

Digital English Language Learning Market – By Product Type
• On-Premise
• Cloud

Digital English Language Learning Market – By Business Type
• B2B
• B2C

Digital English Language Learning Market – By End-User
• Academic
• Kindergarten
• Primary Education (till Grade 6)
• Secondary Education (High School)
• Higher Education (above K-12)
• Non-Academic

Digital English Language Learning Market – By Age Group
• Below 5 Years
• 6-11 Years
• 12-16 Years
• 17-30 Years
• Above 30 Years

Digital English Language Learning Market by Country
• South Korea
• Japan
• India
• Taiwan
• Indonesia
• Malaysia
• Thailand
• Vietnam
• Philippines
• Cambodia
• Hong Kong
• Rest of Asia-Pacific

Companies Profiles
• Babbel
• Busuu Ltd.
• Cambridge University Press
• Cengage Learning Holdings II, Inc.
• Duolingo
• EF education first
• ELSA, Corp
• Houghton Mifflin Harcourt
• Macmillan (Springer Nature)
• McGraw-Hill Education, Inc.
• Mondly
• New Oriental Education & Technology Group Inc.
• Oxford University Press
• Pearson Plc
• Rosetta Stone Inc.
• Transparent Language
• VIPKID
• Voxy
• Worddive Ltd

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About Business Market Insights

Based in New York, Business Market Insights is a one-stop destination for in-depth market research reports from various industries including Technology, Media & Telecommunications, Semiconductor & Electronics, Aerospace & Defense, Automotive & Transportation, Biotechnology, Healthcare IT, Manufacturing & Construction, Medical Device, and Chemicals & Materials. The clients include corporate and academic professionals, consulting, research firms, PEVC firms, and professional services firms.

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