South East Asia English Language Learning Market to be Worth $5.5 Billion by 2030

Meticulous Research®-a leading global market research company, published a research report titled, 'South East Asia English Language Learning Market by Methodology (Blended Learning, Online Learning), Learning Mode, Age Group, End User (Individual Learners, Educational Institutes, Corporate Learners), and Country - Forecast to 2030.'

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According to this latest publication from Meticulous Research®, the South East Asia English Language Learning Market is projected to reach $5.5 billion by 2030, at a CAGR of 10% from 2023 to 2030. The growth of this market is driven by globalization and the growing need for cross-border communication and the rising demand for English language in business and professional areas. Furthermore, increasing spending on the education sector and growing preferences for multilingual employees by multinational companies are expected to create opportunities for market growth.

However, the reluctance to accept English as a primary language for communication in some countries restrains the growth of this market. Additionally, the lack of trained professionals to teach the English language is a major challenge for players in this market.

The high adoption of artificial intelligence (AI) in e-learning is a prominent trend in the South East Asia English language learning market.

The South East Asia English language learning market is segmented by methodology, learning mode, age group, and end user. The study also evaluates industry competitors and analyses the market at the country level.

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Based on methodology, the South East Asia English language learning market is segmented into blended learning, offline learning, and online learning. In 2023, the blended learning segment is expected to account for the largest share of the South East Asia English language learning market. The increasing demand for online and hybrid learning courses, the rising adoption of blended learning in professional training, and the increasing demand for personalized learning are driving the growth of this segment. However, the online learning segment is projected to register the highest CAGR during the forecast period due to the increasing adoption of digitalization in the education sector, the rising penetration of smartphones, the emergence of new online learning platforms, and the growing demand for e-learning.

Based on learning mode, the South East Asia English language learning market is segmented into self-learning apps and tutoring. The tutoring segment is further segmented into one-on-one learning and group learning. In 2023, the tutoring segment is expected to account for the largest share of the South East Asia English language learning market. The growth of this segment is driven by the rising adoption of personalized and flexible English language learning platforms, rising demand for cost-effective programs for corporates and businesses, and increasing adoption of e-learning apps. However, the self-learning apps segment is projected to register the highest CAGR during the forecast period due to the increasing demand for language learning apps, the rising preference for self-paced learning, and technological advancements that enable the creation of media-based language learning materials, such as texts, pictures, animation, audio, and video to enhance student engagement.

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Based on age group, the South East Asia English language learning market is segmented into 40 years. In 2023, the

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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

This release was published on openPR.