The China English Language Training (ELT) Market is projected to witness an increase of USD 144.85 billion from 2023 to 2028, achieving a compound annual growth rate (CAGR) of 24.28%. This growth is primarily driven by significant private investments in online English language education companies. A key example is TAL Education Group’s private placement of USD 3.3 billion in December 2020, which saw contributions from prominent investors such as Silver Lake. These substantial investments are accelerating the development and deployment of innovative English language training solutions, enabling rapid market expansion. The influx of venture capital is facilitating advancements in educational technologies and methodologies, thereby enhancing the overall market growth. The Technavio report provides a detailed analysis of market dynamics, including historical data from 2018 to 2022 and future forecasts, offering insights into the factors propelling market expansion and the evolving landscape of ELT in China.

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