Redding, California, March 18, 2021 (GLOBE NEWSWIRE) — According to a new market research report “English Language Learning Market by Methodology (Offline Learning, Online Learning, Blended Learning), End User (Individual, Education, Government, Corporate Learners) – Global Forecast to 2027”, published by Meticulous Research®, the English Language Learning Market is expected to grow at a CAGR of 6.2% from 2020 to reach $54.9 billion by 2027.
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English language learning solutions include various methodologies, such as offline learning, online learning, and blended learning. Penetration of artificial intelligence in e-learning, the rising importance of the English language for business and professional reasons, increased investments for English language learning start-ups and small companies, and affordable English language learning applications are the main driving factors. Furthermore, factors such as increasing investments in the education sector and transnational education represent high-growth opportunities for players operating in this market during the forecast period. However, factor such as data security & privacy concerns is expected to hinder the growth of this market to some extent.
Across the globe, technological advances have made the provision and management of English language learning more accessible. New technologies, such as the IoT, cloud…