Language Instruction in the US
The Language Instruction industry is one of the smallest industries in the education sector. As per capita disposable income increased over the five years to 2018, individuals had more money to spend on discretionary goods and services. Consumers used the added income to develop new talents and increase job skills, such as learning a new language. Additionally, international travel activity has picked up as economic growth accelerated. Standalone language schools contend with strong competition from courses taught at colleges and universities and language instruction software publishers. Over the five years to 2023, industry operators will continue to reap the benefits from increasing per capita disposable income and corporate profit.
Language schools offer language instruction ranging from conversational skills for personal enrichment to intensive training courses for career or educational opportunities. Schools teach foreign languages, sign language and English as a second language. This industry does not include language instruction software.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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