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ELT Market In Europe to grow at a CAGR of 12.06% during the period 2016-2020.

Press release   •   Jul 05, 2016 08:25 EDT

About the ELT Market in Europe

ELT programs are gaining momentum because of globalization, urbanization, and the desire for better education and employment opportunities. Most of the ELT providers employ traditional classroom teaching methods. English language has become a medium of communication between students and organizations. People also pursue ELT programs to prepare for various tests, for personal development, and to enhance business-related skills. This has prompted many students to opt for an English language course as a part of their education, thereby contributing to the growth of the market.

The rate of enrollment in English language courses is high among non-native speakers who are migrating to countries where English is the native language. The migration mandates them to take tests such as TOEFL and IELTS, which analyze proficiency in English. Many businesses are also providing English courses as a part of their corporate training program. Hence, ELT has gained equal prominence in both the education and corporate sectors.

Technavios analysts forecast the ELT Market in Europe to grow at a CAGR of 12.06% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the ELT market in Europe for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of ELT in Europe. The report does not include revenue generated from the aftermarket service of the product.

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The market is divided into the following segments based on countries:

France

Germany

Technavio's report, ELT Market in Europe 2016-2020, 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

Linguagrama

Linguaphone

Pearson ELT

Other prominent vendors

Education First

Inlingua

LearnCube

Rosetta Stone

Sanako

SANS

Transparent Language

Fluenz

Market driver

Resilient demand for English language at regional level

For a full, detailed list, view our report

Market challenge

Intense competition from open sources

For a full, detailed list, view our report

Market trend

Increased implementation of language cloud services

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 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?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?