English Proficiency Test Market May Set New Growth Story: British Council, Educational Testing Service, Cambridge Assessment English

The English Proficiency Test Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2027). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

Major Players are:
British Council (United Kingdom), Educational Testing Service (United States), Cambridge Assessment English (United Kingdom), IDP Education (Australia), Duolingo (United States)

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Definition:
The English proficiency test is the examination given after the improved and better understanding of the English language including reading and writing. English is considered as a Foreign Language IELTS and TOEFL is probably considered the best-known and most commonly used English proficiency test. Out of which IELTS is highly recognized by American universities. The market is expecting slow growth with the prevailing economic conditions, but the market is still driven by the student who wants to study abroad.
On 17th July 2019, Pearson India, the digital learning company, launched MePro a feedback-based English language improvement program to aid learners to enhance their English language proficiency. The newly launched training program will provide content and assessment for learning and development of English language skills including speaking, listening, reading, writing, vocabulary, and grammar. The online program will further help in developing accuracy and communication ability, essential for studying abroad, and desired career growth through better employment opportunities.

Market Trends:
Increasing Consumption of Online Platform for English Proficiency Test
More Number of Students are Enrolling for IELTS English Proficiency Test

Market Drivers:
Growing Number of People who Wants to Study in Foreign Countries
Increasing Demand for Proficiency Test for Academic Studies

Years considered for this report:
 Historical Years: 2015-2019
 Base Year: 2019
 Estimated Year: 2020
 Forecast Period: 2020-2027

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Current Scenario Analysis for Decision Framework

Key Strategic Developments in English Proficiency Test Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.

Key Market Features in Global English Proficiency Test Market
The report highlights English Proficiency Test market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in English Proficiency Test market share and annualized growth rate (Y-o-Y) and Periodic CAGR.

Significant Facets concerning the Report:
- English Proficiency Test Market Summary
-Fiscal Effect on Economy
-English Proficiency Test Market Competition
-English Proficiency Test Market Analysis by Application
-Industrial Chain, Down-stream Buyers and Sourcing Strategy
-Distributors/Traders, Marketing Strategy Analysis
-Facets, Market Effect, Diagnosis
-Market Forecast
-The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the English Proficiency Test Market have also been included in the study.

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Extract from Table of Content:
Chapter 01 – Executive Summary
1.1 360 Degree Synopsis
1.2 Market value (US$ million).
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
3.1 Strategies adopted by key market participants and factors that have turned into success.
3.2 Additional viewpoint on global average pricing analysis benchmark, and consumer’s sentiments’ analysis.
Chapter 04 – Covid-19 Crisis Analysis on English Proficiency Test Market
Chapter 05 – Global English Proficiency Test Market - Pricing Analysis
Chapter 06 – English Proficiency Test Market Background
6.1 Macroeconomic factors affecting the English Proficiency Test market
6.2 Explore supply chain and value chain analysis.
6.3 In-depth information about the market dynamics and their consequences.
Chapter 07 -- English Proficiency Test Market Segmentation
Chapter 08 – Key and Emerging Countries Analysis in English Proficiency Test Market
Chapter 09 – English Proficiency Test Market Structure Analysis
Chapter 10 – English Proficiency Test Market Competitive Analysis
10.1 Market Concentration Rate
10.2 Competition Scenario: BCG Matrix [Relative Market Share v/s Revenue Growth Rate]
10.3 Heat Map Analysis
10.4 Comparative Market Share Analysis by Players (2018-2019) Rank, [% Market Share, Market Revenue]
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology

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Key Questions Addressed in the Report
 Who are the top 20 players operating in the English Proficiency Test market?
 What covers the drivers, restraints, opportunities, and challenges in the English Proficiency Test industry?
 What are the growth trends in the market at the segmental and overall market levels?
 Which are the untapped emerging regions in the English Proficiency Test market?
 What are the recent application areas in the market?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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