English Proficiency Test Market Shaping from Growth to Value: British Council, Educational Testing Service, Cambridge Assessment English
According to HTF Market Intelligence, the Global English Proficiency Test market to witness a CAGR of 12.79% during forecast period of 2023-2028. The market is segmented by Global English Proficiency Test Market Breakdown by Application (Graduates/ Undergraduates, Employers, Others) by Type (IELTS, TOEFL, CAE, CPE, Others) by Learning (Blended Learning, Online Learning, Classroom Learning) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The English Proficiency Test market size is estimated to increase by USD 2105.72 Million at a CAGR of 12.79% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 1987.86 Million.
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The English proficiency test market refers to the industry that provides assessment services for measuring individuals' ability to communicate effectively in the English language. These tests evaluate different aspects of language skills, such as reading, writing, speaking, and listening. The market includes various types of English proficiency tests, such as standardized tests like TOEFL, IELTS, and TOEIC, as well as other language proficiency tests designed for specific purposes, such as business English, academic English, or legal English. The English proficiency test market serves a wide range of users, including students, job seekers, professionals, and immigrants, who require evidence of their English language proficiency for educational, employment, or immigration purposes.
English Proficiency Test market - Key Segment Analysis
The market share growth by the IELTS segment will be significant during the forecast period. The segment is driven by the Growing Number of People who wants to Study in Foreign Countries.
English Proficiency Test market - Competition Analysis
The global English Proficiency Test market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are British Council (United Kingdom), Educational Testing Service (United States), Cambridge Assessment English (United Kingdom), IDP Education (Australia), Duolingo (United States), Inlingua International Ltd. (Switzerland), McGraw-Hill Education (United States), Pearson ELT (United Kingdom), SANAKO (Finland), Berlitz Corporation (United States), EF Education First, Transparent Language, Inc., Prometric.
English Proficiency Test market - Geographical Outlook
Asia Pacific will provide maximum growth opportunities in English Proficiency Test market. According to our research, the region will account for 37.3% of the global market growth during the forecast period. The market in Asia Pacific is driven by Major Hindrance to the English Proficiency Test Market due to the Prevailing Regulatory Standards in the Prevailing Economic Situation.
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What key data is demonstrated in this English Proficiency Test market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the English Proficiency Test market between 2023 and 2028
- Precise estimation of the size of the English Proficiency Test market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle Eastand Africa; further broken down by major country within region.
- Thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of English Proficiency Test market players
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Some Extracts from Table of Content
Some Extracts from Table of Content
- Overview of English Proficiency Test Market
- Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
- Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
- English Proficiency Test Size (USD & Sales Volume) Comparison by Type (2017-2028)
- English Proficiency Test Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
- English Proficiency Test Size (Value & Volume) Comparison by Region (2017-2028)
- Market Capacity, Production, Export-Import by Region (2017-2022E)
- English Proficiency Test Market Sales, Revenue and Growth Rate (2017-2028)
- Competitive Situation and Trends
- Market Positioning and Share Analysis (2020-2022E)
- Suppliers High-Performance Operational Base Distribution
- Analyse competitors, Profiles, Sales Area, Product Category
- English Proficiency Test Cost Analysis
- Marketing Strategy Analysis
- Research Conclusions
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