Digital English Language Learning Market to reach $ 14.69 bn by 2024, EF Education First, Cengage Learning Inc., and Pearson

  Digital English Language Learning Market to reach $ 14.69 bn by 2024, EF
  Education First, Cengage Learning Inc., and Pearson Plc., emerge as Key
  Contributors to growth | Technavio

Business Wire

LONDON -- October 13, 2020

Technavio has been monitoring the Digital English Language Learning Market and
it is poised to grow by USD 14.69 bn during 2020-2024, progressing at a CAGR
of over 20% during the forecast period. The report offers an up-to-date
analysis regarding the current market scenario, latest trends and drivers, and
the overall market environment.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20201013005194/en/

Technavio has announced its latest market research report titled Global
Digital English Language Learning Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global
Digital English Language Learning Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various
industries, the immediate impact of the outbreak is varied. While a few
industries will register a drop in demand, numerous others will continue to
remain unscathed and show promising growth opportunities. Technavio’s in-depth
research has all your needs covered as our research reports include all
foreseeable market scenarios, including pre- & post-COVID-19 analysis.
Download a Free Sample Report on COVID-19

Frequently Asked Questions:

  * What are the major trends in the market?
    Emphasis on bilingual and multilingual education is a major trend driving
    the growth of the market.
  * At what rate is the market projected to grow?
    The year-over-year growth for 2020 is estimated at 19.81% and the
    incremental growth of the market is anticipated to be $ 14.69 bn.
  * Who are the top players in the market?
    EF Education First, Cengage Learning Inc., Oxford University Press, and
    Pearson Plc., are some of the major market participants.
  * What is the key market driver?
    The adoption of English as a global language is one of the major factors
    driving the market.
  * How big is the APAC market?
    The APAC region will contribute 48% of the market share.

     

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports
                         and get the third for free.

                    View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will accelerate
during the forecast period. EF Education First, Cengage Learning Inc., Oxford
University Press, and Pearson Plc are some of the major market participants.
The adoption of English as a global language will offer immense growth
opportunities. To make most of the opportunities, market vendors should focus
more on the growth prospects in the fast-growing segments, while maintaining
their positions in the slow-growing segments.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports
                         and get the third for free.

                    View market snapshot before purchasing

Technavio's custom research reports offer detailed insights on the impact of
COVID-19 at an industry level, a regional level, and subsequent supply chain
operations. This customized report will also help clients keep up with new
product launches in direct & indirect COVID-19 related markets, upcoming
vaccines and pipeline analysis, and significant developments in vendor
operations and government regulations.

Digital English Language Learning Market 2020-2024: Segmentation

Digital English Language Learning Market is segmented as below:

  * End-user

       * Non-Academic Learners
       * Academic Learners

  * Deployment

       * On-premise Deployment
       * Cloud-based Deployment

  * Geographic Landscape

       * APAC
       * Europe
       * MEA
       * North America
       * South America

To learn more about the global trends impacting the future of market research,
download a free sample:
https://www.technavio.com/talk-to-us?report=IRTNTR40437

Digital English Language Learning Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study,
synthesis, and summation of data from multiple sources. The digital English
language learning market report covers the following areas:

  * Digital English Language Learning Market Size
  * Digital English Language Learning Market Trends
  * Digital English Language Learning Market Industry Analysis

This study identifies emphasis on bilingual and multilingual education as one
of the prime reasons driving the market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and
pessimistic) considering the impact of COVID-19. Technavio’s in-depth research
has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market
research reports. Technavio's SUBSCRIPTION platform

Digital English Language Learning Market 2020-2024: Key Highlights

  * CAGR of the market during the forecast period 2020-2024
  * Detailed information on factors that will assist Digital English Language
    Learning Market growth during the next five years
  * Estimation of the Digital English Language Learning Market size and its
    contribution to the parent market
  * Predictions on upcoming trends and changes in consumer behavior
  * The growth of the Digital English Language Learning Market
  * Analysis of the market’s competitive landscape and detailed information on
    vendors
  * Comprehensive details of factors that will challenge the growth of Digital
    English Language Learning Market vendors

Table of Contents:

Executive Summary

  * Market Overview

Market Landscape

  * Market ecosystem
  * Value chain analysis

Market Sizing

  * Market definition
  * Market segment analysis
  * Market size 2019
  * Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  * Five Forces Summary
  * Bargaining power of buyers
  * Bargaining power of suppliers
  * Threat of new entrants
  * Threat of substitutes
  * Threat of rivalry
  * Market condition

Market Segmentation by End-user

  * Market segments
  * Comparison by End-user placement
  * Non-academic learners - Market size and forecast 2019-2024
  * Academic learners - Market size and forecast 2019-2024
  * Market opportunity by End-user

Market Segmentation by Deployment

  * Market segments
  * Comparison by Deployment placement
  * On-premise deployment - Market size and forecast 2019-2024
  * cloud-based deployment - Market size and forecast 2019-2024
  * Market opportunity by Deployment

Customer Landscape

  * Overview

Geographic Landscape

  * Geographic segmentation
  * Geographic comparison
  * APAC - Market size and forecast 2019-2024
  * Europe - Market size and forecast 2019-2024
  * North America - Market size and forecast 2019-2024
  * South America - Market size and forecast 2019-2024
  * MEA - Market size and forecast 2019-2024
  * Key leading countries
  * Market opportunity by geography

Drivers, Challenges, and Trends

  * Market drivers
  * Volume driver - Demand led growth
  * Volume driver - Supply led growth
  * Volume driver - External factors
  * Volume driver - Demand shift in adjacent markets
  * Price driver - Inflation
  * Price driver - Shift from lower to higher-priced units
  * Market challenges
  * Market trends

Vendor Landscape

  * Overview

Vendor landscape

  * Landscape disruption
  * Vendor Analysis
  * Vendors covered
  * Market positioning of vendors
  * Cambridge University Press
  * Cengage Learning, Inc.
  * EF Education First
  * Houghton Mifflin Harcourt Co.
  * McGraw-Hill Education, Inc.
  * New Oriental Education and Technology Group Inc.
  * Oxford University Press
  * Pearson Plc
  * Rosetta Stone, Inc.
  * Sanako Corp.

Appendix

  * Scope of the report
  * Currency conversion rates for US$
  * Research methodology
  * 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 consists of more than 17,000
reports and counting, covering 800 technologies, spanning across 50 countries.
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.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20201013005194/en/

Contact:

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Source Article