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Business English Language Training Market by End-user, Learning Method, and Geography - Forecast and Analysis 2022-2026

  • Published: May 2022
  • Pages: 149
  • SKU: IRTNTR44308
Technavio

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Based on Technavio's market sizing methodology, the business English language training market size is predicted to surge to USD 7.20 billion from 2021 to 2026 at a CAGR of 9.76%.

This business English language training market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The business English language training market report also offers information on several market vendors, including Alison, Berlitz Corp., British Council, Coursera Inc., edX LLC., EF Education First Ltd., Hello-Hello LLC, inlingua International Ltd., Innovative Language Learning LLC, italki HK Ltd., Language Trainers Corp., Lingoda GmbH, Memrise Ltd., Pearson Plc, Rosetta Stone Ltd., Sanako Oy, Talaera LLC, The Linguist Institute Ltd., Udemy Inc., and WordDive Ltd. among others.

This report extensively covers business English language training market segmentation by the following:

  • End-user - Institutional learners and Individual learners
  • Learning Method - Online learning and Blended learning
  • Geography - APAC, Europe, North America, South America, and Middle East and Africa

What will the Business English Language Training Market Size be During the Forecast Period?

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Who are the Major Business English Language Training Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alison
  • Berlitz Corp.
  • British Council
  • Coursera Inc.
  • edX LLC.
  • EF Education First Ltd.
  • Hello-Hello LLC
  • inlingua International Ltd.
  • Innovative Language Learning LLC
  • italki HK Ltd.
  • Language Trainers Corp.
  • Lingoda GmbH
  • Memrise Ltd.
  • Pearson Plc
  • Rosetta Stone Ltd.
  • Sanako Oy
  • Talaera LLC
  • The Linguist Institute Ltd.
  • Udemy Inc.
  • WordDive Ltd.

 

This statistical study of the business English language training market encompasses successful business strategies deployed by the key vendors. The business English language training market is fragmented and the vendors are deploying growth strategies such as launching campaigns globally to train individual learners to compete in the market.

Product Insights and News

  • alison.com - The company offers free learning platforms for education and skills training.

  • alison.com - Through the business English language training segment the company offers business English language training through online courses such as Effective Business Communication, English for Business and Entrepreneurship and others.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The business English language training market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Business English Language Training Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the business English language training market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Business English Language Training Market?

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46% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for business English language training in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The vast learner base in China, Japan, and India will facilitate the business English language training market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 disrupted business activities in countries such as India, Bangladesh, and Pakistan, which adversely affected regional market growth in H1 2020. However, the regional market rebounded in 2020 with the adoption of online training methods. The lockdown forced the offline language learning centers to shut down to control the spread of the disease. This gave rise to the adoption of online language learning courses, including business English language training across the region. Thus, there was a large number of enrolments of new users in online business English learning courses in March 2020. 

Business English Language Training Market: Key Drivers, Trends, and Challenges

The high demand for vocational English training is notably driving the business English language training market growth, although factors such as the advent of open-source materials and courses may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the business English language training industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Business English Language Training Market Driver

One of the key factors driving the business English language training market is the high demand for vocational English training. Vocational English training generally deals with various forms of English spoken in different business segments such as aviation, hospitality, finance, law, medicine, and engineering. For instance, Pearson Plc offers vocational English courses that are tailored to the specific needs of the workplace. The company provides vocational English training in either face-to-face or online modes of learning. Some of the vocational English training courses offered by the company include English for banking and finance, English for construction, English for information technology, English for the oil industry, and English for nursing. Due to the increase in the demand for these specialized forms of business English, many vendors operating in the market have introduced various personalized and customized training courses. This has created a substantial revenue-generation opportunity as, with limited marginal costs addition, vendors are able to expand their portfolios and charge premium fees to learners for their differentiated course offerings.

Key Business English Language Training Market Trend

The growing emphasis on virtual training is a business English language training market trend that is expected to have a positive impact in the coming years. Owing to the growing popularity of blended learning solutions in the global business English language learning market, corporate organizations, as well as individual learners, have started adopting virtual learning. Virtual training includes a combination of online training and ILT. Virtual training is generally conducted through webinars. Through virtual training, both the learner and the trainer can synchronously communicate with each other using elements such as audio, text, and videos. Virtual classrooms provide an interactive and flexible learning environment to learners, wherein the instructions are given over live sessions on the Internet. Many vendors also provide social collaboration features in virtual training.

Key Business English Language Training Market Challenge

The advent of open-source materials and courses will be a major challenge for the business English language training market during the forecast period. These free courses include various websites, portals, and vendors that offer free business English language training. In addition to this, the advent of MOOCs is further fueling the growth of open-source courses and materials, thereby hindering the growth of the global business English language training market. MOOCs generally provide free English training courses to learners. Hence, their popularity over standard business English language training courses that come with high prices is expected. Some major MOOCs are edX, Coursera, and others. edX, for instance, provides several micro-credential courses related to business English language learning.

This business English language training market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global business English language training market as a part of the global education services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the business English language training market during the forecast period.

What are the Revenue-generating End-user Segments in the Business English Language Training Market?

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The business English language training market share growth by the institutional learners segment will be significant during the forecast period. The global business English language training market by institutional learners is expected to experience steady growth during the forecast period. The major factor driving the growth of the market is the increasing demand for the globalization of businesses. As a result, many corporate organizations are increasingly training their employees to be proficient in business English.

This report provides an accurate prediction of the contribution of all the segments to the growth of the business English language training market size and actionable market insights on post COVID-19 impact on each segment.

 

Business English Language Training Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.76%

Market growth 2022-2026

$ 7.20 billion

Market structure

Fragmented

YoY growth (%)

8.6

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 46%

Key consumer countries

US, China, India, Japan, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alison, Berlitz Corp., British Council, Coursera Inc., edX LLC., EF Education First Ltd., Hello-Hello LLC, inlingua International Ltd., Innovative Language Learning LLC, italki HK Ltd., Language Trainers Corp., Lingoda GmbH, Memrise Ltd., Pearson Plc, Rosetta Stone Ltd., Sanako Oy, Talaera LLC, The Linguist Institute Ltd., Udemy Inc., and WordDive Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Business English Language Training Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive business English language training market growth during the next five years
  • Precise estimation of the business English language training market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the business English language training industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of business English language training market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Learning Method
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 25: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 27: Chart on Comparison by End-user
      • Exhibit 28: Data Table on Comparison by End-user
    • 5.3 Institutional learners - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Institutional learners - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on Institutional learners - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on Institutional learners - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Institutional learners - Year-over-year growth 2021-2026 (%)
    • 5.4 Individual learners - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Individual learners - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Individual learners - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Individual learners - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Individual learners - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by End-user
      • Exhibit 37: Market opportunity by End-user ($ million)

    6 Market Segmentation by Learning Method

    • 6.1 Market segments
      • Exhibit 38: Chart on Learning Method - Market share 2021-2026 (%)
      • Exhibit 39: Data Table on Learning Method - Market share 2021-2026 (%)
    • 6.2 Comparison by Learning Method
      • Exhibit 40: Chart on Comparison by Learning Method
      • Exhibit 41: Data Table on Comparison by Learning Method
    • 6.3 Online learning - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Online learning - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on Online learning - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on Online learning - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Online learning - Year-over-year growth 2021-2026 (%)
    • 6.4 Blended learning - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Blended learning - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Blended learning - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Blended learning - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Blended learning - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by Learning Method
      • Exhibit 50: Market opportunity by Learning Method ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 52: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 54: Chart on Geographic comparison
      • Exhibit 55: Data Table on Geographic comparison
    • 8.3 APAC - Market size and forecast 2021-2026
      • Exhibit 56: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 57: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 58: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 59: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.4 Europe - Market size and forecast 2021-2026
      • Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.5 North America - Market size and forecast 2021-2026
      • Exhibit 64: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 65: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 66: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.6 South America - Market size and forecast 2021-2026
      • Exhibit 68: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 70: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.8 China - Market size and forecast 2021-2026
      • Exhibit 76: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 77: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 78: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.9 US - Market size and forecast 2021-2026
      • Exhibit 80: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 81: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 82: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.10 India - Market size and forecast 2021-2026
      • Exhibit 84: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 85: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 86: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 8.11 UK - Market size and forecast 2021-2026
      • Exhibit 88: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 89: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 90: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.12 Japan - Market size and forecast 2021-2026
      • Exhibit 92: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 93: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 94: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 96: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 97: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 99: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 100: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 101: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 102: Matrix on vendor position and classification
            • 11.3 Alison
              • Exhibit 103: Alison - Overview
              • Exhibit 104: Alison - Product / Service
              • Exhibit 105: Alison - Key news
              • Exhibit 106: Alison - Key offerings
            • 11.4 Berlitz Corp.
              • Exhibit 107: Berlitz Corp. - Overview
              • Exhibit 108: Berlitz Corp. - Product / Service
              • Exhibit 109: Berlitz Corp. - Key offerings
            • 11.5 Coursera Inc.
              • Exhibit 110: Coursera Inc. - Overview
              • Exhibit 111: Coursera Inc. - Business segments
              • Exhibit 112: Coursera Inc. - Key news
              • Exhibit 113: Coursera Inc. - Key offerings
              • Exhibit 114: Coursera Inc. - Segment focus
            • 11.6 edX LLC.
              • Exhibit 115: edX LLC. - Overview
              • Exhibit 116: edX LLC. - Product / Service
              • Exhibit 117: edX LLC. - Key offerings
            • 11.7 EF Education First Ltd.
              • Exhibit 118: EF Education First Ltd. - Overview
              • Exhibit 119: EF Education First Ltd. - Product / Service
              • Exhibit 120: EF Education First Ltd. - Key offerings
            • 11.8 inlingua International Ltd.
              • Exhibit 121: inlingua International Ltd. - Overview
              • Exhibit 122: inlingua International Ltd. - Product / Service
              • Exhibit 123: inlingua International Ltd. - Key offerings
            • 11.9 Language Trainers Corp.
              • Exhibit 124: Language Trainers Corp. - Overview
              • Exhibit 125: Language Trainers Corp. - Product / Service
              • Exhibit 126: Language Trainers Corp. - Key offerings
            • 11.10 Pearson Plc
              • Exhibit 127: Pearson Plc - Overview
              • Exhibit 128: Pearson Plc - Business segments
              • Exhibit 129: Pearson Plc - Key offerings
              • Exhibit 130: Pearson Plc - Segment focus
            • 11.11 Rosetta Stone Ltd.
              • Exhibit 131: Rosetta Stone Ltd. - Overview
              • Exhibit 132: Rosetta Stone Ltd. - Business segments
              • Exhibit 133: Rosetta Stone Ltd. - Key offerings
              • Exhibit 134: Rosetta Stone Ltd. - Segment focus
            • 11.12 The Linguist Institute Ltd.
              • Exhibit 135: The Linguist Institute Ltd. - Overview
              • Exhibit 136: The Linguist Institute Ltd. - Product / Service
              • Exhibit 137: The Linguist Institute Ltd. - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 138: Inclusions checklist
                • Exhibit 139: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 140: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 141: Research methodology
                • Exhibit 142: Validation techniques employed for market sizing
                • Exhibit 143: Information sources
              • 12.5 List of abbreviations
                • Exhibit 144: List of abbreviations
              • The global education services market is at a crossroads with the positive impact of technological advances such as online education, the implementation of AR and VR in teaching methods, and the use of interactive whiteboards. On the other hand, data and security issues and low digital literacy rates are having a negative impact on the growth of the market. The combined impact of these factors will lead to high growth in the global education services market.
                • education: Includes technical education, language learning, test preparation services, tutoring services, makerspaces, vocational training, and distance learning courses and certifications
                  • emphasis on mobile learning: The increasing use of smartphones is encouraging education service providers to introduce mobile learning modules. Mobile learning has several advantages, such as flexibility and convenience. Therefore, users can schedule and complete the course/training according to their convenience. Mobile learning is also an experience of personalized learning as users can take training as per their requirements.
                    • digital literacy rates: Educational hardware and software have not been realized in tandem with the availability of trained staff in educational institutions. Institutions find it difficult to integrate technology into business processes. This is because of the inability of the faculty and administrators to understand applications and optimal use. The deployment of these applications alone by colleges and universities is not enough.

                      Research Framework

                      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                      TechnavioINFORMATION SOURCES

                      Primary sources

                      • Manufacturers and suppliers
                      • Channel partners
                      • Industry experts
                      • Strategic decision makers

                      Secondary sources

                      • Industry journals and periodicals
                      • Government data
                      • Financial reports of key industry players
                      • Historical data
                      • Press releases
                      Technavio

                      TechnavioDATA ANALYSIS

                      Data Synthesis

                      • Collation of data
                      • Estimation of key figures
                      • Analysis of derived insights

                      Data Validation

                      • Triangulation with data models
                      • Reference against proprietary databases
                      • Corroboration with industry experts
                      Technavio

                      TechnavioREPORT WRITING

                      Qualitative

                      • Market drivers
                      • Market challenges
                      • Market trends
                      • Five forces analysis

                      Quantitative

                      • Market size and forecast
                      • Market segmentation
                      • Geographical insights
                      • Competitive landscape
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                      The business english language training market market growth will increase by $$ 7.20 bn during 2023-2026.
                      The business english language training market market is expected to grow at a CAGR of 9.76% during 2023-2026.
                      Technavio has segmented the business english language training market market by end-user (Institutional learners and Individual learners) and geography (APAC, Europe, North America, South America, Middle East and Africa, APAC, Europe, North America, South America, and Middle East and Africa).
                      Alison, Berlitz Corp., British Council, Coursera Inc., edX LLC., EF Education First Ltd., Hello-Hello LLC, inlingua International Ltd., Innovative Language Learning LLC, italki HK Ltd., Language Trainers Corp., Lingoda GmbH, Memrise Ltd., Pearson Plc, Rosetta Stone Ltd., Sanako Oy, Talaera LLC, The Linguist Institute Ltd., Udemy Inc., WordDive Ltd. are a few of the key vendors in the business english language training market market.
                      APAC will register the highest growth rate of 46% among the other regions. Therefore, the business english language training market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
                      The key factors driving the business english language training market market growth are:
                      • high demand for vocational English training
                      • Growing emphasis on virtual training
                      The business english language training market market vendors should focus on grabbing business opportunities from the institutional learners segment as it accounted for the largest market share in the base year.
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