Market Overview:
The Global Business English Language Training Market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for business English language training from institutional and individual learners across the globe. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into blended learning and online learning. Blended learning accounted for a larger share of the global business English language training market in 2017 owing to its advantages such as improved learner engagement and increased retention rates over traditional classroom-based instruction methods. However, online learning is expected to grow at a higher CAGR during the forecast period due to its growing popularity among corporate learners owing to its flexibility and convenience offered over other modes of instruction such as blended learning or instructor-led training (ILT). On the basis of application, institutional learners accounted for a larger share of global business English language training spending in 2017; however, individual learners are expected register higher growth rates during 2018–2030 due their growing preference for self-paced/flexible modes of instruction that cater specifically to their needs.
Product Definition:
Business English is a form of English that is specific to the business world. It includes terms and phrases that are commonly used in business contexts, as well as more formal language that is often used in written communications. Business English Language Training can help employees better understand the language that is used in their workplace, which can improve communication and collaboration. Additionally, knowing how to effectively communicate in a business setting can be helpful when seeking jobs or promotions.
Blended Learning:
Blended learning in the business English language training market is a combination of online and offline teaching methods. It's an innovative concept which has been accepted by many educationists across the world. The key drivers for this technology are ease of access, flexibility, cost-effectiveness and convenience it offers to people. In addition to these factors, blended learning also helps develop creativity in students as they get involved with new projects that interest them.
Online Learning:
The global online learning and it’s usage in business English language training market size was valued at USD 2.72 billion in 2017. It is anticipated to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing internet penetration, rising use of mobile devices for accessing information, and rapid development of digital infrastructure across the globe.
Application Insights:
The institutional learners segment held the largest share of over 60.0% in 2017. The growth can be attributed to the rising number of institutions offering English language courses, which is further driving demand for EFL learning solutions. For instance, according to a study conducted by EF Education First Inc., there are currently around 1,500 accredited universities and colleges in America that offer degrees and diplomas in Business English. Similarly, according to data published by the British Council, there are over 1 million students who enroll every year for Business English courses at UK's institutes and universities which amounts to nearly 15% of total student population studying abroad through Erasmus+. These factors indicate a significant potential market for global business english language training providers across North America and Europe regions.
Regional Analysis:
The global market is segmented into North America, Europe, Asia Pacific and Middle East & Africa. The North American regional market dominated the overall industry in 2017 and will continue to be so over the forecast period. This can be attributed to increasing foreign direct investments in teaching language programs by companies such asPearson Education; addition of new centers; and rise in online learning platforms.
Asia Pacific is expected to register significant growth over the forecast period owing to rising awareness about advantages of BBE among corporate entities operating within this region.
Growth Factors:
- Increasing demand for Business English Language Training from corporate sector as employees need to communicate with foreign clients and partners.
- Rapid globalization and liberalization of business practices across the world has created a greater demand for Business English Language Training.
- Proliferation of technology has made it easier for people to learn new languages remotely, thus driving the growth of the Business English Language Training market.
- The increasing number of expatriates and immigrants who need to learn Business English in order to work in foreign countries is also propelling the growth of this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Business English Language Training Market Research Report
By Type
Blended Learning, Online Learning
By Application
Institutional Learners, Individual Learners
By Companies
Berlitz, EF EducationFirst, inlingua, PearsonELt, RosettAstone, Sanako
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Business English Language Training Market Report Segments:
The global Business English Language Training market is segmented on the basis of:
Types
Blended Learning, Online Learning
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Institutional Learners, Individual Learners
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Berlitz
- EF EducationFirst
- inlingua
- PearsonELt
- RosettAstone
- Sanako
Highlights of The Business English Language Training Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Blended Learning
- Online Learning
- By Application:
- Institutional Learners
- Individual Learners
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Business English Language Training Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Business English Language Training is a course that helps students improve their spoken and written English skills for work or study.
Some of the key players operating in the business english language training market are Berlitz, EF EducationFirst, inlingua, PearsonELt, RosettAstone, Sanako.
The business english language training market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Business English Language Training Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Business English Language Training Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Business English Language Training Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Business English Language Training Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Business English Language Training Market Size & Forecast, 2018-2028
4.5.1 Business English Language Training Market Size and Y-o-Y Growth
4.5.2 Business English Language Training Market Absolute $ Opportunity
Chapter 5 Global Business English Language Training Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Business English Language Training Market Size Forecast by Type
5.2.1 Blended Learning
5.2.2 Online Learning
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Business English Language Training Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Business English Language Training Market Size Forecast by Applications
6.2.1 Institutional Learners
6.2.2 Individual Learners
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Business English Language Training Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Business English Language Training Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Business English Language Training Analysis and Forecast
9.1 Introduction
9.2 North America Business English Language Training Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Business English Language Training Market Size Forecast by Type
9.6.1 Blended Learning
9.6.2 Online Learning
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Business English Language Training Market Size Forecast by Applications
9.10.1 Institutional Learners
9.10.2 Individual Learners
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Business English Language Training Analysis and Forecast
10.1 Introduction
10.2 Europe Business English Language Training Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Business English Language Training Market Size Forecast by Type
10.6.1 Blended Learning
10.6.2 Online Learning
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Business English Language Training Market Size Forecast by Applications
10.10.1 Institutional Learners
10.10.2 Individual Learners
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Business English Language Training Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Business English Language Training Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Business English Language Training Market Size Forecast by Type
11.6.1 Blended Learning
11.6.2 Online Learning
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Business English Language Training Market Size Forecast by Applications
11.10.1 Institutional Learners
11.10.2 Individual Learners
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Business English Language Training Analysis and Forecast
12.1 Introduction
12.2 Latin America Business English Language Training Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Business English Language Training Market Size Forecast by Type
12.6.1 Blended Learning
12.6.2 Online Learning
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Business English Language Training Market Size Forecast by Applications
12.10.1 Institutional Learners
12.10.2 Individual Learners
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Business English Language Training Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Business English Language Training Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Business English Language Training Market Size Forecast by Type
13.6.1 Blended Learning
13.6.2 Online Learning
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Business English Language Training Market Size Forecast by Applications
13.10.1 Institutional Learners
13.10.2 Individual Learners
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Business English Language Training Market: Competitive Dashboard
14.2 Global Business English Language Training Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Berlitz
14.3.2 EF EducationFirst
14.3.3 inlingua
14.3.4 PearsonELt
14.3.5 RosettAstone
14.3.6 Sanako
