South & Central America Digital English Language Learning Market Forecast to 2030 - Regional Analysis - by Product Type (Cloud and On-Premise), Business Type (B2B and B2C), and End User (Non-Academic Learners and Academic Learners)
The South & Central America digital English language learning market was valued at US$ 408.96 million in 2022 and is expected to reach US$ 1,575.76 million by 2030; it is estimated to register a CA... もっと見る
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SummaryThe South & Central America digital English language learning market was valued at US$ 408.96 million in 2022 and is expected to reach US$ 1,575.76 million by 2030; it is estimated to register a CAGR of 18.4% from 2022 to 2030 .Increasing Use of Virtual Reality and Augmented Reality Fuels South & Central America Digital English Language Learning Market As the world continues to embrace technologies, various regions, such as North America, Europe, Asia Pacific, Middle East & Africa and South & Central America are significantly using virtual reality (VR) and augmented reality (AR) technologies. These regions are also attracting entrepreneurs, educational firms, experts, and businesses from all over the world, aiming to use these technologies. Various companies, such as VirtualSpeech, Engage VR, ClassVR, Mondly VR, VRChat, Language Lab, ImmerseMe, and Fulldive, are providing VR tools to explore the world of English learning. There are more opportunities for language learning due to the incorporation of AR and VR. The use of VR and AR technologies can place students in virtual worlds where they can engage with people who speak English. For instance, students can practice placing food orders in an English-speaking restaurant or take virtual city tours, giving them a realistic setting to learn the language. Therefore, the increasing use of AR and VR is anticipated to be a significant trend in the digital English language learning market. South & Central America Digital English Language Learning Market Overview The South & Central America digital English language learning market is segmented into Brazil, Argentina, and the Rest of South & Central America. The increasing digitalization in the region is accelerating the growth of digital English language learning platforms. Various companies are offering new digital language learning platforms in South America. For instance, in August 2023, Open English, a global leader in online English education in South America, chose Richarlison, a player on the Brazilian national team, as its ambassador and new student. Known as "Pombo," Richarlison continues his language-learning journey with Open English. The collaboration will also provide English language learning opportunities to disadvantaged youth in Brazil. This, in turn, will help accelerate the adoption of digital English language platforms in the region. A highly competitive job market further persuades students of all ages to develop several competencies, creating a demand for institutions and educational technology to transform South & Central America digitally. EdTech uptake among young adults is growing faster in South & Central America than in other regions of the world. A recent survey conducted by Economist Impact found that 86% of Brazilian youth had joined online education or courses to improve their professional and English language skills. Therefore, the demand for English language learning platforms is increasing in South & Central America. South & Central America Digital English Language Learning Market Revenue and Forecast to 2030 (US$ Million) South & Central America Digital English Language Learning Market Segmentation The South & Central America digital English language learning market is categorized into product type, business type, end user, and country. Based on product type, the South & Central America digital English language learning market is bifurcated into cloud and on-premise. The cloud segment held a larger market share in 2022. By business type, the South & Central America digital English language learning market is divided into B2B and B2C. The B2B segment held a larger share of South & Central America digital English language learning market in 2022. In terms of end user, the South & Central America digital English language learning market is bifurcated into non-academic learners and academic learners. The academic learners segment held a larger share of South & Central America digital English language learning market in 2022. Furthermore, the non-academic learners segment is subcategorized into corporate, private language schools, and direct to consumer. Additionally, the direct-to-consumer segment is subcategorized into TOEFL, TOEIC, Cambridge business English certificate, IELTS, and others. Furthermore, the academic learners segment is subcategorized into 0 – 5, 6 – 11, 12 – 16, 17 – 30, and 30 Above. Based on country, the South & Central America digital English language learning market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America digital English language learning market share in 2022. EF EDUCATION FIRST, MACMILLAN, OXFORD UNIVERSITY PRESS, Pearson Plc, and Chegg Inc, INLINGUA INTERNATIONAL LTD. are among the leading companies operating in the South & Central America Digital English Language Learning market. Table of ContentsTABLE OF CONTENTS1. Introduction 1.1 The Insight Partners Research Report Guidance 1.2 Market Segmentation 2. Executive Summary 2.1 Key Insights 2.2 Market Attractiveness 3. Research Methodology 3.1 Coverage 3.2 Secondary Research 3.3 Primary Research 4. Digital English Language Learning Market Landscape 4.1 Overview 4.2 Ecosystem Analysis 4.2.1 List of Vendors in the Value Chain 5. South & Central America Digital English Language Learning Market – Key Market Dynamics 5.1 Market Drivers 5.1.1 Rising Digitalization in Educational Sector 5.1.2 Increasing Gamification of Language Learning Platforms 5.2 Market Restraints 5.2.1 Data Security Risks 5.3 Market Opportunities 5.3.1 Governmental Initiatives 5.3.2 Use of Artificial Intelligence in English Language Learning Platforms 5.4 Future Trends 5.4.1 Increasing Use of Virtual Reality and Augmented Reality 5.5 Impact of Drivers and Restraints: 6. Digital English Language Learning Market – South & Central America Market Analysis 6.1 Overview 6.2 Digital English Language Learning Market Revenue (US$ Million), 2020–2030 6.3 Digital English Language Learning Market Forecast Analysis 7. South & Central America Digital English Language Learning Market Analysis – by Product Type 7.1 Cloud 7.1.1 Overview 7.1.2 Cloud: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 7.2 On-Premise 7.2.1 Overview 7.2.2 On-Premise: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 8. South & Central America Digital English Language Learning Market Analysis – by Business Type 8.1 B2B 8.1.1 Overview 8.1.2 B2B: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 8.2 B2C 8.2.1 Overview 8.2.2 B2C: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9. South & Central America Digital English Language Learning Market Analysis – by End User 9.1 Non-Academic Learners 9.1.1 Overview 9.1.2 Non-Academic Learners: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.1.2.1 Corporate 9.1.2.1.1 Overview 9.1.2.1.2 Corporate: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.1.2.2 Private Language Schools 9.1.2.2.1 Overview 9.1.2.2.2 Private Language Schools: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.1.2.3 Direct to Consumer 9.1.2.3.1 Overview 9.1.2.3.2 Direct to Consumer: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.1.2.3.2.1 TOEFL 9.1.2.3.2.1.1 TOEFL: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.1.2.3.2.2 TOEIC 9.1.2.3.2.2.1 TOEIC: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.1.2.3.2.3 Cambridge Business English Certificate 9.1.2.3.2.3.1 Cambridge Business English Certificate: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.1.2.3.2.4 IELTS 9.1.2.3.2.4.1 IELTS: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.1.2.3.2.5 Others 9.1.2.3.2.5.1 Others: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.2 Academic Learners 9.2.1 Overview 9.2.2 Academic Learners: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.2.2.1 0 to 5 9.2.2.1.1 Overview 9.2.2.1.2 0 to 5: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.2.2.2 6 to 11 9.2.2.2.1 Overview 9.2.2.2.2 6 to 11: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.2.2.3 12 to 16 9.2.2.3.1 Overview 9.2.2.3.2 12 to 16: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.2.2.4 17 to 30 9.2.2.4.1 Overview 9.2.2.4.2 17 to 30: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 9.2.2.5 30 Above 9.2.2.5.1 Overview 9.2.2.5.2 30 Above: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 10. South & Central America Digital English Language Learning Market – Country Analysis 10.1 South & Central America Market Overview 10.1.1 South & Central America: Digital English Language Learning Market, By Key Country – Revenue 2022 (US$ Million) 10.1.2 South & Central America: Digital English Language Learning Market – Revenue and Forecast Analysis – by Country 10.1.2.1 South & Central America: Digital English Language Learning Market – Revenue and Forecast Analysis – by Country 10.1.2.2 Brazil: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 10.1.2.2.1 Brazil: Digital English Language Learning Market Breakdown, by Product Type 10.1.2.2.2 Brazil: Digital English Language Learning Market Breakdown, by Business Type 10.1.2.2.3 Brazil: Digital English Language Learning Market Breakdown, by End User 10.1.2.2.3.1 Brazil: Digital English Language Learning Market Breakdown, by Non-academic Learners 10.1.2.2.3.1.1 Brazil: Digital English Language Learning Market Breakdown, by Direct to Consumer 10.1.2.2.3.2 Brazil: Digital English Language Learning Market Breakdown, by Academic Learners 10.1.2.3 Argentina: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 10.1.2.3.1 Argentina: Digital English Language Learning Market Breakdown, by Product Type 10.1.2.3.2 Argentina: Digital English Language Learning Market Breakdown, by Business Type 10.1.2.3.3 Argentina: Digital English Language Learning Market Breakdown, by End User 10.1.2.3.3.1 Argentina: Digital English Language Learning Market Breakdown, by Non-academic Learners 10.1.2.3.3.1.1 Argentina: Digital English Language Learning Market Breakdown, by Direct to Consumer 10.1.2.3.3.2 Argentina: Digital English Language Learning Market Breakdown, by Academic Learners 10.1.2.4 Rest of South & Central America: Digital English Language Learning Market – Revenue and Forecast to 2030 (US$ Million) 10.1.2.4.1 Rest of South & Central America: Digital English Language Learning Market Breakdown, by Product Type 10.1.2.4.2 Rest of South & Central America: Digital English Language Learning Market Breakdown, by Business Type 10.1.2.4.3 Rest of South & Central America: Digital English Language Learning Market Breakdown, by End User 10.1.2.4.3.1 Rest of South & Central America: Digital English Language Learning Market Breakdown, by Non-academic Learners 10.1.2.4.3.1.1 Rest of South & Central America: Digital English Language Learning Market Breakdown, by Direct to Consumer 10.1.2.4.3.2 Rest of South & Central America: Digital English Language Learning Market Breakdown, by Academic Learners 11. Industry Landscape 11.1 Overview 11.2 Market Initiative 11.3 New Product Development 11.4 Merger and Acquisition 12. Company Profiles 12.1 EF EDUCATION FIRST 12.1.1 Key Facts 12.1.2 Business Description 12.1.3 Products and Services 12.1.4 Financial Overview 12.1.5 SWOT Analysis 12.1.6 Key Developments 12.2 MACMILLAN 12.2.1 Key Facts 12.2.2 Business Description 12.2.3 Products and Services 12.2.4 Financial Overview 12.2.5 SWOT Analysis 12.2.6 Key Developments 12.3 OXFORD UNIVERSITY PRESS 12.3.1 Key Facts 12.3.2 Business Description 12.3.3 Products and Services 12.3.4 Financial Overview 12.3.5 SWOT Analysis 12.3.6 Key Developments 12.4 Pearson Plc 12.4.1 Key Facts 12.4.2 Business Description 12.4.3 Products and Services 12.4.4 Financial Overview 12.4.5 SWOT Analysis 12.4.6 Key Developments 12.5 Chegg Inc 12.5.1 Key Facts 12.5.2 Business Description 12.5.3 Products and Services 12.5.4 Financial Overview 12.5.5 SWOT Analysis 12.5.6 Key Developments 12.6 INLINGUA INTERNATIONAL LTD. 12.6.1 Key Facts 12.6.2 Business Description 12.6.3 Products and Services 12.6.4 Financial Overview 12.6.5 SWOT Analysis 12.6.6 Key Developments 13. Appendix 13.1 About the Insight Partners
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