English Proficiency Test Market was valued at USD 1703.40 Million in 2021, and is expected to reach USD 3235.55 Million by 2029, exhibiting a CAGR of 8.35% during the forecast period (2022-2029)
English Proficiency Test Market Overview:
This study’s purpose is to give an overview of the English Proficiency Test Market as well as extensive market segmentation based on segments, and geography. The report includes vital information on the market positions of the major English Proficiency Test companies, as well as notable industry trends and prospects.
The report also focuses on the leading industry players in the Global English Proficiency Test market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information. This research looks into English Proficiency Test Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This study examines the whole English Proficiency Test Market Size from a worldwide standpoint, evaluating historical data and forecasts.
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English Proficiency Test Market Scope:
The report also focuses on the leading industry players in the Global English Proficiency Test market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information.
English Proficiency Test Market Segmentation:
Based on Type, the English Proficiency Test market is segmented into IELTS, TOEFL, and Others. IELTS segment held the largest market share of 47.1% in 2021. The International English Language Testing System (IELTS) is a well-known English language test for work, study, and migration. The exam measures a candidate’s English language aptitude in four areas: listening, reading, writing, and speaking. Candidates can also select between the Academic and General Training versions of the exam.IELTS scores are accepted as evidence of candidates’ English language competency by thousands of the world’s most prestigious institutions and colleges.
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English Proficiency Test Market Key Players:
Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the English Proficiency Test market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide English Proficiency Test industry.
• Berlitz Corporation
• EF Education First
• Pearson ELT
• Talk English International, Inc.
• ETS
• New Oriental Education & Technology Group Inc.
• British Council
• McGraw Hill Education
• Transparent Language
• Wall Street English
• Cambridge Assessment English
• Voxy
• Global Education Group Inc.
• Houghton Mifflin Harcourt
• Sanako Corporation
• Inlingua International
• Vipkid
• New Channel International Education Group
Regional Analysis:
The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the English Proficiency Test market in these regions.
COVID-19 Impact Analysis on English Proficiency Test Market:
As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19’s impact on the English Proficiency Test market and will help you build your business in compliance with the new industry standards.
Key Questions Answered in the English Proficiency Test Market Report are:
- What will be the CAGR of the English Proficiency Test market during the forecast period?
- Which segment emerged as the leading segment in the English Proficiency Test market?
- Which are the prominent players in the English Proficiency Test market?
- What will be the English Proficiency Test market size by 2027?
- Which company held the largest share in the English Proficiency Test market?
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