Thursday, September 21, 2017

Digital English Market in China Surges to $1.4 Billion by 2022 - Markets Insider

The growth rate for Digital English Language Learning in China is a healthy 8.5% and revenues will spike to $1.4 billion by 2022, according to the new report by Metaari called "The 2017-2022 China Digital English Language Learning Market." There are six major catalysts driving the current Digital English Language Learning market in China: a booming online English tutoring industry, a dramatic increase in private investments made to digital English companies, emphasis on digital English in the schools, the growing use of English in the higher education segment, strong consumer demand for mobile Digital English Language Learning apps, and a high demand for English for Specific Purposes (ESP). http://markets.businessinsider.com/news/stocks/Digital-English-Market-in-China-Surges-to-1-4-Billion-by-2022-1002359286