The global demand for English Proficiency Test Market is presumed to reach the market size of nearly USD 5541.94 MN by 2028 from USD 1924.61 MN in 2021 with a CAGR of 15.97% under the study period 2022 - 2028.
The English Proficiency Test is a test conducted to check the English language abilities of students on international standards. English Language Institute under the Department of Linguistics administers the test.
Market Dynamics
The market for English proficiency exams will be driven by the increasing prevalence of using English as the primary language for corporate interactions. The market will further flourish due to the increased demand for degree programs from the best universities in English-speaking countries. Students must pass an English proficiency test to pursue an overseas education. Additionally, the growing demand for candidates to speak English to access various opportunities, growing economic diversification, escalating globalization, and rising employee demand for english proficiency test certificates from multinational corporations primarily drive the global English proficiency test market. APAC, North America, and Europe are influencing the English language proficiency test market due to job opportunities in overseas countries and increasing awareness among students regarding the English proficiency tests.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of english proficiency test. The growth and trends of english proficiency test industry provide a holistic approach to this study.
Market Segmentation
This section of the english proficiency test market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- IELTS
- TOEFL
- CAE
- CPE
- Others
By Application
- Graduates/ Undergraduates
- Employers
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the English Proficiency Test market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global English Proficiency Test Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the english proficiency test market include Berlitz Languages, Pearson ELT, Sanako Corporation, Inlingua International, Houghton Mifflin Harcourt, McGraw-Hill Education, Rosetta Stone, Transparent Language, Voxy, and EF Education First. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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