Investment Rating - The report rates the online English training industry as a growing sector with a positive outlook, expecting continued market expansion driven by increasing demand and technological advancements [5][37]. Core Insights - The online English training industry leverages internet technology to provide diverse courses, meeting user needs for study abroad and career development. The market is expected to grow steadily, influenced by public health events, exam preparation trends, and advancements in AIGC technology [5][12]. - The industry has experienced significant growth, with the market size increasing from 11.185 billion RMB in 2018 to 20.619 billion RMB in 2023, reflecting a compound annual growth rate (CAGR) of 13.01%. Projections indicate further growth to 33.378 billion RMB by 2028, with a CAGR of 10.62% [37][41]. Summary by Sections Industry Definition - The online English training industry utilizes internet platforms to provide remote English education, breaking traditional geographical and temporal barriers. It encompasses various age groups and course types, including basic English, business English, and exam preparation [6][12]. Industry Classification - The industry can be categorized based on teaching models, including one-on-one, small group, large class, recorded video, and blended learning formats, each catering to different learner needs and preferences [7][10][11]. Industry Characteristics - Demand for online English training is robust, with users increasingly valuing flexible and interactive learning experiences. The industry is characterized by a strong emphasis on multimedia teaching methods and community engagement [12][17]. Market Demand - The number of Chinese students studying abroad has exceeded 10 million, with English being the primary language of instruction. The demand for English training is further fueled by the increasing importance of English proficiency in the job market [13][14]. Technological Drivers - The growth of the online English training industry is significantly supported by advancements in internet technology, with over 1.092 billion internet users in China as of December 2023. The integration of AIGC technology enhances personalized learning experiences [15][42]. Course Flexibility - Online English training offers a wide range of courses tailored to different learner needs, with flexible learning options that allow students to choose their preferred study methods [16][26]. Interaction and Community - Learning communities play a crucial role in enhancing student engagement and completion rates, with interactive features fostering collaboration and support among learners [17][18]. Development History - The industry has evolved through several phases, from its inception in the 1990s to its rapid growth driven by mobile technology and the recent regulatory environment [19][23]. Industry Chain Analysis - The industry chain consists of upstream content and technology providers, midstream training institutions, and downstream learners, with each segment contributing to the overall growth and development of the sector [24][25]. Market Size - The online English training market is projected to continue expanding, with significant growth expected in both the study abroad and daily English training segments, driven by increasing consumer willingness to pay for quality education [37][40].
语言学习新纪元:在线英语培训市场精粹与教育创新领航 头豹词条报告系列
Tou Bao Yan Jiu Yuan·2024-10-15 12:01