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ONLINE ACADEMIC IELTS LEARNING PLATFORM MARKET REPORT OVERVIEW
The global Online Academic IELTS Learning Platform market size expanded rapidly in 2022 and will grow substantially by 2029, exhibiting a prodigious CAGR during the forecast period.
Online academic IELTS learning platform is a digital aid aiming to aid those preparing for the International Language (ILTS) Exam for the Academic version of the exam. Despite Being a much-acclaimed English language proficiency test for non-Natives English speakers who wish to work or study in the UK, Canada, Australia, and New Zealand.
COVID-19 Impact: Market Growth increased by Pandemic due to Increased Demand for Remote Learning Solutions
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
The pandemic helped the delivery of distancing learning approaches virtually in some countries across the world. Individual travel bans and social distancing measures totally removed them from a real classroom or the tutor’s appointment. These online academic learning platforms are the ones that started to be in great demand. This ‘spike’ of the language was pushed by students, professionals, and immigrants trying to enhance their English skills and ready for the IELTS test in their comfort zones at home.
LATEST TRENDS
"Adoption of AI and Machine Learning to Drive Market Growth"
There is a trend of e-bilingual education for the IELTS online platforms to add new studying models that are based on artificial intelligence (AI) and machine learning (ML) to supplement the learning. These technologies are applied to create individual learning paths, intelligent systems to give targeted feedback after practicing exercises, and to test speaking skills by the computers with self-guided scoring and feedback AI and machine learning engines spot trends among pupils to have a snapshot of how the students are performing through tests, quizzes and exercises and also what are their capabilities and learning methods. On the basis of this information, a platform is able to develop for each student an individual plan of study and to suggest what lessons, exercises, and studies few right for them exactly.
ONLINE ACADEMIC IELTS LEARNING PLATFORM MARKET SEGMENTATION
By Type
Based on type the global market can be categorized into Audio/Video Courses, Practice Questions and Analysis, Mock Exams, Private or Group Lessons, and Others.
- Audio/Video Course- Such kind of online learning platforms are aimed at providing detailed and video-based or audio-based lessons that deal with all portions of the IELTS exam, such as listening, reading comprehension, writing skills, and speaking.
- Practice Questions and Analysis- These platforms are mainly developed for assisting the learners who are learning and preparing for the IELTS test. The entire program builds up on the IELTS exam format and assists in providing practice questions and solutions to the students that aim to enhance their skills.
- Mock Exam- Mock exam platforms imitate the prototypical experience of taking the IELTS exam by constructing the test chambers which provide complete tests of the right length, structure, and timing of the real examination.
- Private or Group Lessons- These sources provide a platform for the coordination of individual learners with proficient educators for particular private or group sessions according to their particular targets.
By Application
Based on application the global market can be categorized into Children and Adults.
- Children- The child-friendly lessons, exercises, and games found on modern IELTS online learning tools help children improve their English with a strong audio-visual element in a fun and exciting manner. These institutions primarily focus on the improvement of vocabulary, the increase of grammar, the intensive reading and they are interested in the development of speaking and listening abilities too.
- Adults- One of the core functions of the online IELTS learning platform for adults is test development. These platforms offer comprehensive study materials, practice tests, and mock exams covering all four skills tested in the IELTS exam: reading, writing, and listening are the basic skills/components while speaking is a must too. Adult students often use these sources to identify the exam formats, boost up their English communicative skills, and reach the target scores on the IELTS exam.
DRIVING FACTORS
"Globalization of Education and Employment to Boost the Market"
One of the key driving factors in the global Online Academic IELTS Learning Platform market growth is the Globalization of Education and Employment. The rising tide of globalization in education and employment area has directly increased the demand for the English proficiency tests like IELTS which lie in the area of English proficiency assessments. People will line up in English-speaking countries to study, work, or do immigration. These people will need reliable resources to prepare them for their English intensive academic environment and this will spark the need for Online Academic IELTS Platforms. Secondly, the number of students who decide to study abroad is rising continuously. Therefore, this gives birth to a mandate for a standardized proficiency assessment for the English language such as the IELTS exam. To be enrolled in most of the universities and colleges that speak English as their first language, you have to prove your knowledge of English languages through certain benchmarks of the admission process. Online Academic IELTS Learning Platforms are a good choice for those students who would like to prepare for these exams without studying in a college or university and don’t have to depend on their location.
"Rise in International Education to Expand the Market"
Another driving factor in the global Online Academic IELTS Learning Platform market is the Rise in International Education. The ever-growing globalization, involving inbound and outbound study programs, sends students on an exchange program, and international students’ enrollment, has triggered the constant growth in the need for taking English language tests. For the majority of universities as well as academic institutions EFL needs to be demonstrated while applying through IELTS, or other examinations which in turn drives the need for online preparation resources as well as courses for the mentioned purpose. Rather frequently, international students who want to study at universities or colleges abroad have to take English language tests or demonstrate proficiency in this foreign language to become admitted. The IELTS test is one of the most suitably authorized English language proficiency tests across the world by many universities and colleges that speak the English language. With the eager number of international students registering for overseas studies each time, there is a necessary growth in the demand for relevant formal instruction and preparation provided by Online Academic IELTS Learning Platforms.
RESTRAINING FACTORS
"Digital Literacy and Technical Skills to Potentially Impede Market Growth"
One of the key restraining factors in the global Online Academic IELTS Learning Platform market is Digital Literacy and Technical Skills. A certain group of students can be at a disadvantage due to insufficient (digital) literacy and missing technical skills they have for dealing with online learning platforms successfully. It consists of across-the-board skills like basic computer literacy, internet browsing, and using online tools and software. Missing a key component of the learning process such as guidance and training could result in difficulties when interacting with IELTS online learning materials and not holding an advantage to the learners.
ONLINE ACADEMIC IELTS LEARNING PLATFORM MARKET REGIONAL INSIGHTS
"North America Region Dominating the Market due to Strong Digital Infrastructure"
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
North America has emerged as the most dominant region in the global Medical Laundry Services market share due to several factors. Digital infrastructure in North America is abundant, which means that high-speed internet is available in most places, by using computers and mobile devices is common, and there are developed virtual education platforms. The digital infrastructure of the region supports providing online forums for teaching English for Academic Purposes and makes online resources available for students to study from every corner of the continent.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market through Innovation and Market Expansion"
The Online Academic IELTS Learning Platform market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of Online Academic IELTS Learning Platform options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features in the Online Academic IELTS Learning Platform, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.
List of Market Players Profiled
- Magoosh (U.S.)
- WizMantra Academy (India)
- IELTS Ninja (India)
- UrbanPro (Indi)
- British Council (U.K.)
INDUSTRIAL DEVELOPMENT
July 2023: From Microsoft Azure, Berlitz invoked speech and the corresponding pronunciation assessment expertise. So, starting with this kind of tech, Berlitz has developed a fast and effective way to take up a new language, but it also has a great flexibility that lets it reach more people.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
Frequently Asked Questions
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Which is the leading region in the Online Academic IELTS Learning Platform market?
North America is the prime area for the Online Academic IELTS Learning Platform market owing to the vast population in the region.
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Which are the driving factors of the Online Academic IELTS Learning Platform market?
Globalization of Education and Employment and Rise in International Education are some of the driving factors of the Online Academic IELTS Learning Platform market.
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What are the key Online Academic IELTS Learning Platform market segments?
The Online Academic IELTS Learning Platform market segmentation that you should be aware of, which includes, Based on type the Online Academic IELTS Learning Platform market is classified as Audio/Video Courses, Practice Questions and Analysis, Mock Exams, Private or Group Lessons, and Others. Based on application the Online Academic IELTS Learning Platform market is classified as Children and Adults.