Business English Language Training Market by End-user, Learning Method, and Geography - Forecast and Analysis 2023-2027
| Published: May 2023 | Pages: 159 | SKU: IRTNTR44308 |
The Business English Language Training market is estimated to grow at a CAGR of 5.75% between 2022 and 2027, and the size of the market is forecasted to increase by USD 4,581.68 million. The report includes historic market data from 2017 to 2021. It extensively covers market segmentation by end-user, including institutional learners and individual learners. Based on the learning method, the market is segmented into online learning and blended learning. The geographical landscape includes APAC, Europe, North America, South America, and Middle East and Africa. This report also includes an in-depth analysis of drivers, trends, and challenges.
The Business English Language Training (BELT) market is driven by the high demand for vocational English training. Vocational English training includes various forms of English required for different business segments, such as aviation, hospitality, finance, law, medicine, and engineering. Many vendors have introduced various personalized and customized training courses due to the high demand, which varies from one country to another.
Vendors with economies of scale and a large learner base have the required resources to introduce multiple modules of business English language courses, which are delivered using various learning methods. They are expanding their portfolios and charging premium fees to learners. Therefore, the high demand for vocational English training is expected to fuel the growth of the market during the forecast period.
What will be the Size of the Business English Language Training Market During the Forecast Period?
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Who are the Major Business English Language Training Market Vendors?
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
2U Inc. - The company offers business English language training courses that comprise video lessons, reading comprehension activities, grammar explanations and exercises, listening comprehension activities, and speaking practice. Under the degree program segment, the company provides premium online short courses and technical skills-based boot camps through relationships with nonprofit colleges and universities.
BLTi - The company offers business English language training courses through video materials and live interactive sessions for discussion and interpretation. Under the unified segment, the company offers business English training courses for EFL, ESL, and ELT teachers.
The business English language training (BELT) market report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
- Alison
- Berlitz Corp.
- British Council
- Coursera Inc.
- EF Education First Ltd.
- Graham Holdings Co.
- inlingua International Ltd.
- italki HK Ltd.
- IXL Learning Inc.
- Lingoda GmbH
- Memrise Ltd.
- Pearson Plc
- Perfectly Spoken Ltd.
- Preply Inc.
- Talaera LLC
- Target Training GmbH
- TJ Taylor Ltd.
- Udemy Inc
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
Regional Insight
APAC is projected to account for 50% of the global market growth during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
China, Japan, and India are some of the prominent revenue contributors to the growth of the market in APAC owing to factors such as a vast learner base. Many businesses in the region are expanding their presence globally. Hence, they are training their employees in business English to stay competitive in the market. The British Council, Berlitz, and EF Education First are some of the established vendors in the APAC market. They provide multiple modes of business English language training delivery, such as traditional classroom-based learning and innovative blended formats. These factors will drive the growth of the business English language training (BELT) market in APAC.
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Market Segmentation by End-user
Based on end-user, the market is segmented into institutional learners and individual learners. The market share growth by the institutional learners segment will be significant during the forecast period.
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The institutional learners segment was valued at USD 6,753.44 million in 2017 and continued to grow until 2021. The growth of this segment is attributed to factors such as the increasing demand for the globalization of businesses. Due to globalization, many companies are opting for inorganic growth strategies. Many MNCs are making business English language training mandatory to ensure that all employees are technically linguistically competent to communicate with potential clients and the workforce. Employees are expected to be proficient in business English owing to the globalization of businesses, customer services, and business development opportunities. These factors will drive the growth of the institutional segment of the global business English language training (BELT) market during the forecast period.
Business English Language Training Market: Key Trends and Challenges
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Trends
The growing emphasis on virtual training is a key trend in the business English language training (BELT) market. Corporates as well as individual learners, are adopting virtual learning due to the increasing popularity of blended learning solutions. Virtual training involves a combination of online training and ILT and is generally conducted through webinars. In this type of training, learners and trainers can communicate with each other using audio, text, video, and other formats.
Virtual classrooms deliver an interactive and flexible learning environment for learners. For instance, Berlitz Corp. provides various virtual learning solutions for business English language training. Virtual training comprises advanced collaboration technologies. In addition, many vendors provide social collaboration features in virtual training. These factors are expected to support the growth of the market during the forecast period.
Challenge
The advent of open-source materials and courses is challenging the business English language training (BELT) market. Open-source courses are available on various websites and portals. MOOCs generally provide free English training courses, which is increasing their popularity. Some of the major MOOCs are edX and Coursera. For instance, edX offers several micro-credential courses related to business English language learning. It provides English for Doing Business in Asia in collaboration with the Hong Kong University of Science and Technology.
Several vendors provide gamified mobile applications, eBooks, video lectures, and other digital media. Vendors such as Duolingo, Memrise, and Busuu provide business English language training to learners free of cost. These courses cover various levels, from the basic level to the intermediate level. However, the advanced-level courses are not free. Thus, the advent of open-source materials and courses is expected to challenge the growth of the market during the forecast period.
Customer Landscape
The report includes the adoption lifecycle of the market, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on market penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Business English Language Training Market Customer Landscape
COVID-19 Recovery
In 2020, the COVID-19 pandemic had a mixed impact on blended and online learning methods in the global Business English Language Training (BELT) market. Vendors shifted from blended learning models to online learning in 2020. Thus, the pandemic led to an increase in the demand for online language learning, including business English learning. However, as COVID-19 subsided owing to rapid vaccination drives, vendors reopened face-to-face classes.
Segment Overview
The business English language training (BELT) market report forecasts market growth by revenue at global, regional, & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- End-user Outlook (USD Million, 2017 - 2027)
- Institutional learners
- Individual learners
- Learning Method Outlook (USD Million, 2017 - 2027)
- Online learning
- Blended learning
- Region Outlook (USD Million, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Argentina
- Brazil
- Chile
- North America
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Business English Language Training Market Scope |
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Report Coverage |
Details |
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Page number |
159 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.75% |
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Market growth 2023-2027 |
USD 4,581.68 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
5.25 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 50% |
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Key countries |
US, India, Singapore, China, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
2U Inc., Alison, Berlitz Corp., BLTi, British Council, Coursera Inc., EF Education First Ltd., Graham Holdings Co., inlingua International Ltd., italki HK Ltd., IXL Learning Inc., Lingoda GmbH, Memrise Ltd., Pearson Plc, Perfectly Spoken Ltd., Preply Inc., Talaera LLC, Target Training GmbH, TJ Taylor Ltd., and Udemy Inc |
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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 |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Business English Language Training Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2023 and 2027
- Precise estimation of the size of the market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market across APAC, Europe, North America, South America, and Middle East and Africa
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of 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 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global business english language training market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global business english language training market 2017 - 2021 ($ million)
- 4.2 End-user Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
- 4.3 Learning Method Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Learning Method Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
- 6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user
- 6.3 Institutional learners - Market size and forecast 2022-2027
- Exhibit 34: Chart on Institutional learners - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Institutional learners - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Institutional learners - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Institutional learners - Year-over-year growth 2022-2027 (%)
- 6.4 Individual learners - Market size and forecast 2022-2027
- Exhibit 38: Chart on Individual learners - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Individual learners - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Individual learners - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Individual learners - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by End-user
- Exhibit 42: Market opportunity by End-user ($ million)
- Exhibit 43: Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Learning Method
- 7.1 Market segments
- Exhibit 44: Chart on Learning Method - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Learning Method - Market share 2022-2027 (%)
- 7.2 Comparison by Learning Method
- Exhibit 46: Chart on Comparison by Learning Method
- Exhibit 47: Data Table on Comparison by Learning Method
- 7.3 Online learning - Market size and forecast 2022-2027
- Exhibit 48: Chart on Online learning - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Online learning - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Online learning - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Online learning - Year-over-year growth 2022-2027 (%)
- 7.4 Blended learning - Market size and forecast 2022-2027
- Exhibit 52: Chart on Blended learning - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Blended learning - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Blended learning - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Blended learning - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Learning Method
- Exhibit 56: Market opportunity by Learning Method ($ million)
- Exhibit 57: Data Table on Market opportunity by Learning Method ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2022-2027 (%)
- Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 India - Market size and forecast 2022-2027
- Exhibit 83: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 UK - Market size and forecast 2022-2027
- Exhibit 91: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.11 Singapore - Market size and forecast 2022-2027
- Exhibit 95: Chart on Singapore - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Singapore - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Singapore - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Singapore - Year-over-year growth 2022-2027 (%)
- 9.12 China - Market size and forecast 2022-2027
- Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ million)
- Exhibit 104: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 2U Inc.
- Exhibit 111: 2U Inc. - Overview
- Exhibit 112: 2U Inc. - Business segments
- Exhibit 113: 2U Inc. - Key news
- Exhibit 114: 2U Inc. - Key offerings
- Exhibit 115: 2U Inc. - Segment focus
- 12.4 Alison
- Exhibit 116: Alison - Overview
- Exhibit 117: Alison - Product / Service
- Exhibit 118: Alison - Key news
- Exhibit 119: Alison - Key offerings
- 12.5 Berlitz Corp.
- Exhibit 120: Berlitz Corp. - Overview
- Exhibit 121: Berlitz Corp. - Product / Service
- Exhibit 122: Berlitz Corp. - Key offerings
- 12.6 BLTi
- Exhibit 123: BLTi - Overview
- Exhibit 124: BLTi - Product / Service
- Exhibit 125: BLTi - Key offerings
- 12.7 British Council
- Exhibit 126: British Council - Overview
- Exhibit 127: British Council - Product / Service
- Exhibit 128: British Council - Key offerings
- 12.8 Coursera Inc.
- Exhibit 129: Coursera Inc. - Overview
- Exhibit 130: Coursera Inc. - Business segments
- Exhibit 131: Coursera Inc. - Key offerings
- Exhibit 132: Coursera Inc. - Segment focus
- 12.9 EF Education First Ltd.
- Exhibit 133: EF Education First Ltd. - Overview
- Exhibit 134: EF Education First Ltd. - Product / Service
- Exhibit 135: EF Education First Ltd. - Key offerings
- 12.10 inlingua International Ltd.
- Exhibit 136: inlingua International Ltd. - Overview
- Exhibit 137: inlingua International Ltd. - Product / Service
- Exhibit 138: inlingua International Ltd. - Key offerings
- 12.11 italki HK Ltd.
- Exhibit 139: italki HK Ltd. - Overview
- Exhibit 140: italki HK Ltd. - Product / Service
- Exhibit 141: italki HK Ltd. - Key offerings
- 12.12 IXL Learning Inc.
- Exhibit 142: IXL Learning Inc. - Overview
- Exhibit 143: IXL Learning Inc. - Product / Service
- Exhibit 144: IXL Learning Inc. - Key offerings
- 12.13 Lingoda GmbH
- Exhibit 145: Lingoda GmbH - Overview
- Exhibit 146: Lingoda GmbH - Product / Service
- Exhibit 147: Lingoda GmbH - Key offerings
- 12.14 Pearson Plc
- Exhibit 148: Pearson Plc - Overview
- Exhibit 149: Pearson Plc - Business segments
- Exhibit 150: Pearson Plc - Key offerings
- Exhibit 151: Pearson Plc - Segment focus
- 12.15 Perfectly Spoken Ltd.
- Exhibit 152: Perfectly Spoken Ltd. - Overview
- Exhibit 153: Perfectly Spoken Ltd. - Product / Service
- Exhibit 154: Perfectly Spoken Ltd. - Key offerings
- 12.16 TJ Taylor Ltd.
- Exhibit 155: TJ Taylor Ltd. - Overview
- Exhibit 156: TJ Taylor Ltd. - Product / Service
- Exhibit 157: TJ Taylor Ltd. - Key offerings
- 12.17 Udemy Inc
- Exhibit 158: Udemy Inc - Overview
- Exhibit 159: Udemy Inc - Business segments
- Exhibit 160: Udemy Inc - Key offerings
- Exhibit 161: Udemy Inc - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 162: Inclusions checklist
- Exhibit 163: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 164: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 165: Research methodology
- Exhibit 166: Validation techniques employed for market sizing
- Exhibit 167: Information sources
- 13.5 List of abbreviations
- Exhibit 168: List of abbreviations
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.
INFORMATION 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
DATA 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
REPORT 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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business english language training market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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