ELT Market in Europe 2017-2021
About ELT Market
The ELT market in Europe is one of the key segments of the global language learning market. English is spoken by several people worldwide, and ELT programs are gaining rapid momentum across the world owing to the continuous globalization, urbanization, and initiatives by the governments to provide better education and employment opportunities. ELT is provided by several modes of instruction delivery, including classroom learning, blended learning, and online learning. The growing awareness and evolving technologies have leveraged the incorporation of digital methods into the teaching methodologies. Market vendors are offering these online and conventional ELT programs to a wide range of end-users, broadly being classified as institutional and individual learners. Education institutes and corporates are promoting ELT for creating better job opportunities and immersive learning environments for the students, in turn, leading to the overall growth of the market.
Technavio’s analysts forecast the ELT market in Europe to grow at a CAGR of 14.75% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the ELT market in Europe for 2017-2021. To calculate the market size, the report considers the revenue generated ELT
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – ELT Market in Europe 2017-2021
Technavio recognizes the following companies as the key players in the ELT market in Europe: Berlitz, EF Education First, inlingua, and Pearson ELT
Other Prominent Vendors in the market are: Linguaphone, Linguarama, LearnCube, Rosetta Stone, and Sanako
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increased use of game-based learning. The key purpose of introducing game-based learning for conducting English language training is to create interactive and simulating sessions giving them a real picture of using the language in real-time scenarios. In addition, the rewards and points received on winning the games while learning creates a competitive environment for the learners, enabling them to achieve the desired results and defined outcomes. Game-based lectures impart focused knowledge on specific subject matters using interactive solutions, allowing the players to learn by playing the games multiple times until they master it.”
According to the report, one of the major drivers for this market is Rise in ELT franchises. There has been a significant rise in the number of ELT franchises across the world, owing to the increasing demand for learning language among learners. Within the academic segment, the increasing number of student enrollments for universities outside Europe is often directly related to the rising number of students enrolling for learning English languages in these franchises. Students willing to pursue higher education in countries like the US, Canada, the UK, and Australia are expected to undergo and pass language tests, including Graduate Record Examination (GRE), Test of English as a Foreign Language (TOEFL), and International English Language Testing System (IELTS). Students enroll in private ELT franchises or institutions to excel in these exams.
Further, the report states that one of the major factors hindering the growth of this market is Considerable set-up and implementation costs. With the increasing adoption of digital solutions and online delivery of language training, the demand for robust information technology (IT) has also increased considerably. This is, in turn, resulting in educational institutes and corporates spending a significant amount on set-up and implementation. ELT courses are designed to provide a collaborative learning environment with the help of advanced technologies often offered at comparatively higher prices.
Berlitz, EF Education First, inlingua, and Pearson ELT, Linguaphone, Linguarama, LearnCube, Rosetta Stone, and Sanako
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook