Training for the English language is predominant in the global language learning market. This is because the language is essential for various practical applications. However, the rising importance of other languages will also contribute to the market growth. Globalization of businesses and staggering growth of emerging economies have placed few native languages such as Chinese, Japanese and other similar languages on the international map. As a result, prospective candidates seeking job opportunities, away from their domicile, in other nations are expected to be well-versed with the respective native language. This development has triggered the rise in demand for language training courses in Mandarin, English, French, Spanish, and Arabic.
Technavio’s analysts forecast the ELT market in China to grow at a CAGR of 21.93% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the ELT market in China for 2017-2021. To calculate the market size, the report considers the sales and volume of the services market.
Technavio’s report, ELT Market in China 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Berlitz • ChinaEDU • Disney English • EF Education First • iTutorGroup • New Oriental Education & Technology Group • Pearson ELT • Sprout4Future • TAL Education Group • Xueda Education Group •
Market driver • Increased private investment in online English training vendors • For a full, detailed list, view our report
Market challenge • Availability of increasing number of open-source materials • For a full, detailed list, view our report
Market trend • Growing number of ELTs in Tier-2 cities • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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