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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the business English language training market and it is poised to grow by USD 26.20 billion during 2020-2024, progressing at a CAGR of almost 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. For a More Detailed Analysis, Get a Free Sample Report Delivered Instantly Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the business English language training market. The market growth in 2020 is likely to increase compared to the market growth in 2019. Frequently Asked Questions: Related Reports on Consumer Discretionary Include: Global Digital English Language Learning Market - Global digital English language learning market is segmented by end-user (non-academic learners and academic learners), deployment (on-premise deployment and cloud-based deployment), and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report Global English Language Training (ELT) Market - Global English language training (ELT) market is segmented by end-user (institutional learners and individual learners) and learning methods (classroom-based, online, and blended). Click Here to Get an Exclusive Free Sample Report Develop Smart Strategies for Your Business: Get a Free Sample Report Now! The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Berlitz Corp., Coursera Inc., edX Inc., EF Education First Ltd., inlingua International Ltd., Language Trainers Corp., Pearson Plc, Rocket Languages Ltd., Rosetta Stone Ltd., and The Linguist Institute Ltd. are some of the major market participants. Although the high demand for vocational English training will offer immense growth opportunities, the advent of open-source materials and courses is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this business English language training market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Business English Language Training Market 2020-2024: Segmentation Business English Language Training Market is segmented as below: Give Your Business a Head Start for 2021: Download Our Free Sample Report Business English Language Training Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The business English language training market report covers the following areas: This study identifies the growing emphasis on virtual training as one of the prime reasons driving the Business English Language Training Market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Subscribe to World-Class Market Intelligence and gain instant access to 17,000+ market research reports and connect with expert analysts Business English Language Training Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by End-user Market Segmentation by Learning method Customer landscape Geographic Landscape Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Answer: Business English Language Training Market to Grow at a CAGR of Almost 10% During 2020-2024 | 40% Growth to Originate From APAC | Technavio