English Proficiency Test Market Insights Video

According to Cognitive Market Research, the global English Proficiency Test market size is USD 2965.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.70% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 1186.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 889.65 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 682.07 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
• Latin America had a market share for more than 5% of the global revenue with a market size of USD 148.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
• Middle East and Africa hada market share of around 2% of the global revenue and was estimated at a market size of USD 59.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
• Employers category is experiencing the fastest growth in the English Proficiency Test Market. The rising trend of multinational companies and the global nature of business operations necessitate a workforce proficient in English.