Press release
ELT Market In Europe to grow at a CAGR of 12.06% during the period 2016-2020
"The Report ELT Market in Europe 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"Description
About the ELT Market in Europe
ELT programs are gaining momentum because of globalization, urbanization, and the desire for better education and employment opportunities. Most of the ELT providers employ traditional classroom teaching methods. English language has become a medium of communication between students and organizations. People also pursue ELT programs to prepare for various tests, for personal development, and to enhance business-related skills. This has prompted many students to opt for an English language course as a part of their education, thereby contributing to the growth of the market.
The rate of enrollment in English language courses is high among non-native speakers who are migrating to countries where English is the native language. The migration mandates them to take tests such as TOEFL and IELTS, which analyze proficiency in English. Many businesses are also providing English courses as a part of their corporate training program. Hence, ELT has gained equal prominence in both the education and corporate sectors.
Technavios analysts forecast the ELT Market in Europe to grow at a CAGR of 12.06% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the ELT market in Europe for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of ELT in Europe. The report does not include revenue generated from the aftermarket service of the product.
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The market is divided into the following segments based on countries:
France
Germany
Technavio's report, ELT Market in Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Berlitz
Linguagrama
Linguaphone
Pearson ELT
Other prominent vendors
Education First
Inlingua
LearnCube
Rosetta Stone
Sanako
SANS
Transparent Language
Fluenz
Market driver
Resilient demand for English language at regional level
For a full, detailed list, view our report
Market challenge
Intense competition from open sources
For a full, detailed list, view our report
Market trend
Increased implementation of language cloud services
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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