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Europe English Language Learning Market to be Worth $13 Billion by 2030

03-08-2024 01:49 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Meticulous Research®

Meticulous Research®-a leading global market research company, published a research report titled, 'Europe English Language Learning Market by Methodology (Blended Learning, Offline 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 Europe English language learning market is expected to grow at a CAGR of 8.7% from 2023-2030 to reach $13 billion by 2030. The growth of this market is driven by the growing importance of English in business & professional areas, increasing investments in start-ups and small companies teaching English, and the minimal cost of English language learning apps. Reluctance to accept English as a primary communication tool may restrain the growth of this market. The growing preference for multilingual employees by multinational companies is expected to create market growth opportunities. However, the lack of trained professionals to teach English language is a major challenge for the players operating in this market.

Additionally, artificial intelligence (AI) & robot technology, and e-learning are major trends in the global English language learning market.

The Europe English language learning market is segmented based on 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 Europe English language learning market is segmented into blended learning, offline learning, and online learning. In 2023, the blended learning segment is estimated to account for the largest share of the Europe English Language Learning market. The growing adoption of advanced offline & online learning systems for students and working professionals, the rising importance of effective learning methodology, 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.

Based on learning mode, the Europe English Language learning market is segmented into self-learning apps and applications and tutoring. The tutoring segment is further segmented into one-on-one learning and group learning. In 2023, the tutoring segment is estimated to account for the largest share of the Europe English language learning market. The growth of this segment is driven by the growing need for real-time feedback on pronunciation, grammar, and language usage, with the convenience of in-person interaction and the increasing need for personalized and flexible language education experiences. However, the self-learning apps and applications segment is projected to register the highest CAGR during the forecast period.

Based on age group, the Europe 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.

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