South East Asia English Language Learning Market to be Worth $5.5 Billion by 203

South Language Learning Market to be Worth $5.5 Billion by 2030 East Asia English

South East Asia English Language Learning Market 2023-2030 Meticulous Research , a premier global market research firm, has unveiled its latest report titled "South East Asia English Language Learning Market by Methodology (Blended Learning, Online Learning), Learning Mode, Age Group, End User (Individual Learners, Educational Institutes, Corporate Learners), and Country - Forecast to 2030." According to this report, the South East Asia English Language Learning Market is poised to attain a value of $5.5 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 10% from 2023 to 2030. This growth is propelled by the forces of globalization, which necessitate cross- border communication, as well as the increasing demand for English language proficiency in various professional domains. Additionally, augmented expenditure in the education sector and the preference for multilingual personnel by multinational corporations are foreseen to fuel market expansion. Nevertheless, the market faces impediments such as the reluctance in some countries to embrace English as the primary means of communication and the dearth of adequately trained professionals to impart English language skills, posing significant challenges for market players. A notable trend in the South East Asia English language learning market is the extensive adoption of artificial intelligence (AI) in e-learning. The market segmentation encompasses methodology, learning mode, age group, and end user, with a comprehensive analysis extending to industry rivals and country-specific dynamics. Methodology-wise, the market is categorized into blended learning, offline learning, and online learning. Blended learning is anticipated to dominate the market share in 2023, driven by escalating demand for online and hybrid learning, particularly in professional training contexts. However, online learning is expected to witness the highest CAGR owing to factors like digitalization in education, smartphone proliferation, emergence of new online platforms, and escalating demand for e-learning. Page 1 of 3 Meticulous Research| sales@meticulousresearch.com

South East Asia English Language Learning Market 2023-2030 Regarding learning modes, the market is classified into self-learning apps and tutoring, further bifurcated into one-on-one and group tutoring. The tutoring segment is projected to command the largest share in 2023, propelled by the uptake of personalized and flexible learning platforms. Conversely, the self-learning apps segment is forecasted to register the highest CAGR, driven by burgeoning demand for language apps and the preference for self-paced learning. Age-wise segmentation includes <18 years, 18 20 years, 21 30 years, 31 40 years, and >40 years. The <18 years segment is anticipated to hold the largest share in 2023, driven by various factors including the proliferation of children's learning apps and the influx of student immigrants pursuing higher education. However, the 18 20 years segment is poised to witness the highest CAGR, fueled by the need to enhance employability, cultural engagement, and enriching study abroad experiences. End user segmentation encompasses individual learners, educational institutes, government bodies, and corporate learners. The individual learners segment is estimated to dominate in 2023 and is expected to register the highest CAGR, driven by factors like the availability of language learning sites, free language apps, and increasing smartphone usage. Geographically, Indonesia is predicted to lead the South East Asia English language learning market in 2023, owing to factors like growing demand for language learning apps, government initiatives promoting eBooks, and investments in English language learning startups. Indonesia is also expected to exhibit the highest CAGR during the forecast period. Key players in this market include Duolingo Inc., Berlitz Corporation, Busuu Ltd, Babbel GmbH, Linguistica 360, Inc., Mondly, ELSA Corp., FluentU, Memrise Inc., Mango Languages, Rosetta Stone Ltd., Inlingua International Ltd., Cambridge University Press, New Oriental Education & Technology Group Inc., Houghton Mifflin Harcourt Company, McGraw-Hill Education, Inc., Sanako Corporation, Transparent Language, Inc., and Open Education LLC. Page 2 of 3 Meticulous Research| sales@meticulousresearch.com

South East Asia English Language Learning Market 2023-2030 Download @ https://www.meticulousresearch.com/download-sample- report/cp_id=5677 Sample Report Here Key questions answered in the report- Which are the high-growth market segments based on methodology, learning mode, age group, and end user? What was the historical market for South East Asia English language learning market? What are the market forecasts and estimates for 2023 2030? What are the major drivers, restraints, opportunities, challenges, and trends in the South East Asia English language learning market? Who are the major players in the South East Asia English language learning market, and what are their market shares? What is the competitive landscape in the South East Asia English language learning market? What are the recent developments in the South East Asia English language learning market? What strategies are adopted by the major players in the South East Asia English language learning market? What are the key geographic trends, and which are the high-growth countries? Who are the local emerging players in the South East Asia English language learning market, and how do they compete with the other players? Contact Meticulous Email- sales@meticulousresearch.com Contact Connect with us on research Us: Research Sales- +1-646-781-8004 LinkedIn- https://www.linkedin.com/company/meticulous- Page 3 of 3 Meticulous Research| sales@meticulousresearch.com