Market Overview

Latin America $3 Billion E-Learning Market - Industry Outlook and Forecast 2018-2023 - ResearchAndMarkets.com

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The "Latin
America E-Learning Market - Industry Outlook and Forecast 2018-2023"

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The Latin America e-learning market is expected to generate revenues of
over $3 billion by 2023, growing at a CAGR of more than 4% during
2018-2023.

The recent trend of globalization, talent migration, and consistent
improvements in corporate competencies and individual talent grooming
are some of the key factors attributing to the growth of the Latin
America e-learning market. Government initiatives to set-up
sophisticated learning systems is encouraging the migration of many
global players to the Latin American market.

The accommodation of learning needs for all types of students, easy
repetition of any lecture, access to updated and real-time content, and
hassle free tuition delivery are some of many advantages of adopting
e-learning methodology in the Latin American market. The increasing
mobility of human capital in industries, including tourism, trade,
media, international relations, and science and technology is creating
the demand for these services in the Latin American market.

The vendors are leveraging internet as an effective tool, enabling
successful learning across various end-user segments in an engaging and
cost-effective manner. The widened scope of content delivery that
includes interactive learning platforms, language training, functional
skill development, proficiency testing, and higher education pedagogy,
video streaming of classes to corporate training, talent management, and
e-governance is transforming the market. The emergence of software
applications such as LMS will boost revenues in the Latin America
e-learning market.

The incorporation of cloud-based learning, AR, VR, and mobile-based
learning applications is modernizing the content delivery models
available in the Latin American market. The introduction of blended
learning, which incorporates both off-line and online pedagogy will
enhance the efficiency of instruction at minimal costs and drive demand
in the market.

Market Dynamics

Market Growth Enablers

  • Increased Digitization Initiatives in Schools
  • Rise in Internet Penetration and Usage of Connected Devices in Latin
    America
  • High Demand for Learning Language Digitally

Market Growth Restraints

  • Need for Continuous Product Innovation
  • Variability in Hardware and Software
  • Limited Access to Closed Markets and Platforms and Losing Bargaining
    Power
  • Inadequate Internet Bandwidth in Developing Countries
  • Lack of Viable Revenue and Monetization Models

Market Opportunities & Trends

  • Increment in Adoption of Mobile and Portable Devices
  • Emergence of Blended Learning in E-learning
  • Increased Adoption of VR and AR in Digital Classrooms

Companies Mentioned

  • Instructure
  • Veduca
  • Open English
  • Litmos
  • Latitude
  • Coursera
  • Estacio
  • English Attack
  • edX
  • D2L
  • Telefonica
  • Aptara
  • Docebo
  • Blackboard
  • Pearson
  • McGraw-Hill
  • Edmodo
  • SkillSoft
  • Cengage Learning
  • Macmillan
  • Cornerstone on demand

For more information about this report visit https://www.researchandmarkets.com/research/9pd54t/latin_america_3?w=4

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