English Language Learning Market Expected to Reach 71.59 Billion by 2029 | Berlitz Languages, EF Education First, Sanako Corporation, Inlingua, Mifflin Harcourt, Pearson ELT Houghton

English language learning is the process of developing fluency in the language. The need for studying the English language is growing rapidly given that there are 7.75 billion people on the earth and yet only about 1.5 billion of them speak it. There are benefits to learning English for both individuals and corporations. People can benefit from numerous chances, such as those in school, jobs, and travel, by learning English. The ability of businesses to penetrate international markets is increased by having larger and more diverse personnel.

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The market for English language instruction is projected to develop at a CAGR of 9.7% by 2029 when it will be worth $ 71.59 billion. The main causes of this increase are the demand for online courses, increased disposable incomes, and the growing usage of mobile devices for English study. The availability of free language applications and government initiatives to promote English language learning are both contributing to the market's growth. Learning English is increasingly necessary to take advantage of a variety of opportunities and assist organisations in benefiting from a diverse workforce.

The English language learning industry includes three different types of learning methods: digital, through books, and in-person. They are the most popular digital English language learning options owing to their availability and price. Digital choices for learning the English language, such as online courses, applications, and software, allow learners to easily access information whenever and wherever they desire. Students now have the option to learn at their own pace thanks to technological improvements. Students can monitor their progress and adjust their study plans as necessary with the help of the feedback and progress-tracking features provided by digital English language learning programmes.

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Based on application, the English Language Learning Market is segmented into Teens and Kids, Adults, Business, Education, and Tests. The Education and Business categories are predicted to increase at the highest pace among these throughout the forecast period due to the growing acceptance of digital English language learning solutions in educational institutions, corporate organisations, and other commercial businesses.

Additionally, students now have access to a more dynamic and immersive learning environment thanks to the advent of English language learning programmes based on virtual reality, which makes learning the language simpler and more efficient.
North America is expected to dominate the region's English language learning sector in terms of revenue because there are so many businesses offering English language learning solutions in countries like the United States and Canada. A significant impact on the market expansion is also anticipated from the region's expanding adoption of English language learning solutions by businesses and educational institutions.

Rosetta Stone, a well-known supplier of English language learning solutions, acquired Lexia Learning Systems in January 2018, a creator of reading programmes for kindergarten through grade 12. Lexia Learning Systems has already established itself as one of the leading providers of reading solutions in North America, thus it is hoped that this acquisition will help Rosetta Stone establish a solid foundation in the market. The foremost provider of English language learning solutions, Cambridge English Language Assessment, unveiled the Cambridge Assessment English Network in March 2018. (CAEN).

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