How big is the global enrichment industry?
Global Private Tutoring Market to Reach $290.8 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Private Tutoring estimated at US$146.1 Billion in the year 2022, is projected to reach a revised size of US$290.8 Billion by 2030, growing at a CAGR of 9% over the period 2022-2030. Blended, one of the segments analyzed in the report, is projected to record 4.8% CAR and reach US$94.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Online segment is readjusted to a revised 11.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $26.1 Billion, While China is Forecast to Grow at 11.6% CAGR
The Private Tutoring market in the U.S. is estimated at US$26.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$89.2 Billion by the year 2030 trailing a CAGR of 11.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.
The above are excerpts from Global Industry Analysts, Inc. (Jan 2023) Private Tutoring World Market Report
Global English Language Learning Market to Reach $70.7 Billion by 2030
In the changed post COVID-19 business landscape, the global market for English Language Learning estimated at US$21.3 Billion in the year 2022, is projected to reach a revised size of US$70.7 Billion by 2030, growing at a CAGR of 16.2% over the analysis period 2022-2030. Offline, one of the segments analyzed in the report, is projected to record 14.8% CAGR and reach US$40.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Online segment is readjusted to a revised 16.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.6 Billion, While China is Forecast to Grow at 20.6% CAGR
The English Language Learning market in the U.S. is estimated at US$5.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$17.9 Billion by the year 2030 trailing a CAGR of 20.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.5% and 13.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.5% CAGR.
What is the estimated value of the Global Market for English Language Learning?
The Global Market for English Language Learning was estimated to be valued at $21.3 Billion in 2022.
What is the growth rate of the Global Market for English Language Learning?
The growth rate of the Global Market for English Language Learning is 16.2%, with an estimated value of $70.7 Billion by 2030.
What is the forecasted size of the Global Market for English Language Learning?
The Global Market for English Language Learning is estimated to be worth $70.7 Billion by 2030.
The above are excerpts from Global Industry Analysts, Inc. (March 2023) English Language Learning – Global Strategic Business Report
In the changed post COVID-19 business landscape, the global market for Private Tutoring estimated at US$146.1 Billion in the year 2022, is projected to reach a revised size of US$290.8 Billion by 2030, growing at a CAGR of 9% over the period 2022-2030. Blended, one of the segments analyzed in the report, is projected to record 4.8% CAR and reach US$94.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Online segment is readjusted to a revised 11.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $26.1 Billion, While China is Forecast to Grow at 11.6% CAGR
The Private Tutoring market in the U.S. is estimated at US$26.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$89.2 Billion by the year 2030 trailing a CAGR of 11.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.
The above are excerpts from Global Industry Analysts, Inc. (Jan 2023) Private Tutoring World Market Report
Global English Language Learning Market to Reach $70.7 Billion by 2030
In the changed post COVID-19 business landscape, the global market for English Language Learning estimated at US$21.3 Billion in the year 2022, is projected to reach a revised size of US$70.7 Billion by 2030, growing at a CAGR of 16.2% over the analysis period 2022-2030. Offline, one of the segments analyzed in the report, is projected to record 14.8% CAGR and reach US$40.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Online segment is readjusted to a revised 16.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.6 Billion, While China is Forecast to Grow at 20.6% CAGR
The English Language Learning market in the U.S. is estimated at US$5.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$17.9 Billion by the year 2030 trailing a CAGR of 20.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.5% and 13.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.5% CAGR.
What is the estimated value of the Global Market for English Language Learning?
The Global Market for English Language Learning was estimated to be valued at $21.3 Billion in 2022.
What is the growth rate of the Global Market for English Language Learning?
The growth rate of the Global Market for English Language Learning is 16.2%, with an estimated value of $70.7 Billion by 2030.
What is the forecasted size of the Global Market for English Language Learning?
The Global Market for English Language Learning is estimated to be worth $70.7 Billion by 2030.
The above are excerpts from Global Industry Analysts, Inc. (March 2023) English Language Learning – Global Strategic Business Report
- The I Can Read story
- How big is the global enrichment industry?
- Why franchise an I Can Read centre?
- What are the types of franchise models available?
- What makes a successful franchisee?
- Franchise support
- Teacher recruitment process
- Testimonials
- What makes a good location?
- Who are my customers?
- Next steps