Business English Language Training Market Size to Grow by USD 7.20 billion| Dominant Players Include Berlitz Corp., Coursera Inc., and edX LLC. among others| 17,000+ Technavio Research Reports

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NEW YORK, July 5, 2022 /PRNewswire/ -- The "Business English Language Training Market by End-user and Geography  - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

Technavio has announced its latest market research report titled
 Business English Language Training Market by End-user, Learning Method, and Geography - Forecast and Analysis 2022-2026
Technavio has announced its latest market research report titled Business English Language Training Market by End-user, Learning Method, and Geography - Forecast and Analysis 2022-2026

The potential growth difference for the business English language training market between 2021 and 2026 is USD 7.20 billion, according to the latest market analysis report by Technavio. The report also claims the market to record an accelerating growth momentum at a CAGR of 9.76% during the projected period. The analysts at Technavio have categorized 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.

To get the exact yearly growth variance and the Y-O-Y growth rate along with the market scope, Read Sample Report.

Vendor Landscape

  • 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.  To make the most of the opportunities and recover from post pandemic 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. The competitive scenario provided in the report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Top Companies Mentioned with their Offerings

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Some other dominant players covered in this report are:

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  • Want to Know more about the key product offerings from other contributing vendors, Request for Sample

Key Market Dynamics:

  • 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.

  • 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.

For additional insights on other key market dynamics, Fetch this Sample Report Copy

Market Segment Highlights

The business English language training market report is segmented by End-user (Institutional learners and Individual learners) and Geography (APAC, Europe, North America, South America, and Middle East and Africa).

Regional Growth Analysis

  • APAC will be the leading region with 46% of the market's growth 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.

Revenue-generating Segment Highlights

The institutional learners segment accounted for the largest business English language training market share in 2021. The global business English language training market by institutional learners is expected to experience steady growth during the forecast period.

The prominent 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.

Download Sample Report for actionable insights into the accurate prediction of the contribution of all the segments.

Related Reports:

Digital English Language Learning Market in APAC by End-user, Deployment, and Geography - Forecast and Analysis 2021-2025

English Language Training Market in China by End-user and Learning Methods - Forecast and Analysis 2021-2025

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

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 future consumer dynamics, market condition analysis for forecast period.

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.

Key Topics Covered:

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2021

  • 3.4 Market outlook: Forecast for 2021-2026

4 Five Forces Analysis

  • 4.1 Five forces summary

  • 4.2 Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • 4.5 Threat of substitutes

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by End-user

  • 5.1 Market segments

  • 5.2 Comparison by End-user

  • 5.3 Institutional learners - Market size and forecast 2021-2026

  • 5.4 Individual learners - Market size and forecast 2021-2026

  • 5.5 Market opportunity by End-user

6 Market Segmentation by Learning Method

  • 6.1 Market segments

  • 6.2 Comparison by Learning Method

  • 6.3 Online learning - Market size and forecast 2021-2026

  • 6.4 Blended learning - Market size and forecast 2021-2026

  • 6.5 Market opportunity by Learning Method

7 Customer Landscape

  • 7.1 Customer landscape overview

8 Geographic Landscape

  • 8.1 Geographic segmentation

  • 8.2 Geographic comparison

  • 8.3 APAC - Market size and forecast 2021-2026

  • 8.4 Europe - Market size and forecast 2021-2026

  • 8.5 North America - Market size and forecast 2021-2026

  • 8.6 South America - Market size and forecast 2021-2026

  • 8.7 Middle East and Africa - Market size and forecast 2021-2026

  • 8.8 China - Market size and forecast 2021-2026

  • 8.9 US - Market size and forecast 2021-2026

  • 8.10 India - Market size and forecast 2021-2026

  • 8.11 UK - Market size and forecast 2021-2026

  • 8.12 Japan - Market size and forecast 2021-2026

  • 8.13 Market opportunity by geography

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers

  • 9.2 Market challenges

  • 9.3 Impact of drivers and challenges

  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview

  • 10.2 Vendor landscape

  • 10.3 Landscape disruption

  • 10.4 Industry risks

11 Vendor Analysis

  • 11.1 Vendors covered

  • 11.2 Market positioning of vendors

  • 11.3 Alison

  • 11.4 Berlitz Corp.

  • 11.5 Coursera Inc.

  • 11.6 edX LLC.

  • 11.7 EF Education First Ltd.

  • 11.8 inlingua International Ltd.

  • 11.9 Language Trainers Corp.

  • 11.10 Pearson Plc

  • 11.11 Rosetta Stone Ltd.

  • 11.12 The Linguist Institute Ltd.

12 Appendix

  • 12.1 Scope of the report

  • 12.2 Inclusions and exclusions checklist

  • 12.3 Currency conversion rates for US$

  • 12.4 Research methodology

  • 12.5 List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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