Global Business English Language Training Market 2018-2022
About Business English Language Training
This report covers the present scenario and the growth prospects of the global business English language training market for 2018-2022. To calculate the market size, the report considers the revenue generated by business English course providers globally.
Technavio’s analysts forecast the global business english language training market to grow at a CAGR of 19.26% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global business english language training market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Business English Language Training Market 2018-2022
Technavio recognizes the following companies as the key players in the global business english language training market: Berlitz, EF Education First, Inlingua, Pearson ELT, Rosetta Stone, and Sanako.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing emphasis on virtual training. The growing emphasis on virtual training will drive the growth of the business English language training market. Due to the growing popularity of blended learning solutions, corporate organizations and individual learners are opting for virtual learning.”
According to the report, one driver in the market is high demand for vocational English training. Vocational English training consists of specialized forms of English language training. This training provides detail on various forms of English spoken in different business segments such as the aviation, hospitality, finance, law, medicine, and engineering.
Further, the report states that one challenge in the market is advent of open source materials and courses. One of the major factors hindering the growth of the market is the advent of open source business English training courses. These free courses include various websites, portals, and vendors that offer free business English language training.
Berlitz, EF Education First, Inlingua, Pearson ELT, Rosetta Stone, and Sanako.