|By PR Newswire||
|April 18, 2014 04:44 PM EDT||
SEATTLE, April 18, 2014 /PRNewswire-iReach/ -- The five-year compound annual growth rate (CAGR) for digital English language learning products in Latin America is 13.8% and revenues will reach $260.9 million by 2018, according to a new Ambient Insight report called "The 2013-2018 Latin America Digital English Language Learning Market."
This report includes two sections: a demand-side analysis and a supply-side analysis. The demand-side analysis breaks out five-year spending forecasts for fifteen countries in Latin America: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Uruguay, and Venezuela. Throughout the forecast period, Brazil will be the largest buying country, followed by Mexico.
Download the free Abstract at:
The supply-side analysis breaks out revenues by five learning technology product types: Self-paced eLearning, Collaboration-based Learning (live online tutoring), Digital Reference-ware (eTextbooks), Mobile Learning apps and edugames, and Mobile Learning value added services (VAS).
"The substantial growth in revenues for digital English language learning products in Latin America is due to several catalysts," reports Chief Research Officer, Sam S. Adkins. "Large-scale digitization initiatives in the schools, language-related educational policies, consumer demand for Mobile Learning products, corporate demand for so-called vocational English, and the proliferation of Mobile Learning VAS are all driving the revenues higher.
The mobile network operators (MNOs) are now major distributors of digital English language learning products to consumers in Latin America. By the end of 2013, there were 34 commercial Mobile Learning VAS products in Latin America; 13 of them were in Brazil. All of them license third-party digital content from commercial content developers.
"Mobile digital English language learning products will generate the highest revenues for suppliers throughout the forecast period," adds Adkins. "Mobile Learning apps and edugames have a growth rate of 22.8% and Mobile Learning VAS products have a growth rate of 17.1%. Revenues for both of these mobile products types will more than double over the forecast period."
Over 80 suppliers operating in Latin America are cited in this report to help international suppliers identify local partners, distributors, resellers, and potential merger and acquisition (M&A) targets.
Media Contact: Sam Adkins, Ambient Insight, 360-805-4298, [email protected]
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Ambient Insight
Chris Van Tuin, Chief Technologist for the Western US at Red Hat, has over 20 years of experience in IT and Software. Since joining Red Hat in 2005, he has been architecting solutions for strategic customers and partners with a focus on emerging technologies including IaaS, PaaS, and DevOps. He started his career at Intel in IT and Managed Hosting followed by leadership roles in services and sales engineering at Loudcloud and Linux startups.
Oct. 10, 2015 03:00 PM EDT Reads: 259
Saviynt Inc. has announced the availability of the next release of Saviynt for AWS. The comprehensive security and compliance solution provides a Command-and-Control center to gain visibility into risks in AWS, enforce real-time protection of critical workloads as well as data and automate access life-cycle governance. The solution enables AWS customers to meet their compliance mandates such as ITAR, SOX, PCI, etc. by including an extensive risk and controls library to detect known threats and b...
Oct. 10, 2015 03:00 PM EDT Reads: 249
Recently announced Azure Data Lake addresses the big data 3V challenges; volume, velocity and variety. It is one more storage feature in addition to blobs and SQL Azure database. Azure Data Lake (should have been Azure Data Ocean IMHO) is really omnipotent. Just look at the key capabilities of Azure Data Lake:
Oct. 10, 2015 02:00 PM EDT Reads: 349
As-a-service models offer huge opportunities, but also complicate security. It may seem that the easiest way to migrate to a new architectural model is to let others, experts in their field, do the work. This has given rise to many as-a-service models throughout the industry and across the entire technology stack, from software to infrastructure. While this has unlocked huge opportunities to accelerate the deployment of new capabilities or increase economic efficiencies within an organization, i...
Oct. 10, 2015 02:00 PM EDT Reads: 306
Electric power utilities face relentless pressure on their financial performance, and reducing distribution grid losses is one of the last untapped opportunities to meet their business goals. Combining IoT-enabled sensors and cloud-based data analytics, utilities now are able to find, quantify and reduce losses faster – and with a smaller IT footprint. Solutions exist using Internet-enabled sensors deployed temporarily at strategic locations within the distribution grid to measure actual line lo...
Oct. 10, 2015 02:00 PM EDT Reads: 167
For almost two decades, businesses have discovered great opportunities to engage with customers and even expand revenue through digital systems, including web and mobile applications. Yet, even now, the conversation between the business and the technologists that deliver these systems is strained, in large part due to misaligned objectives. In his session at DevOps Summit, James Urquhart, Senior Vice President of Performance Analytics at SOASTA, Inc., will discuss how measuring user outcomes –...
Oct. 10, 2015 02:00 PM EDT Reads: 502
Oct. 10, 2015 01:45 PM EDT Reads: 158
Oct. 10, 2015 01:00 PM EDT Reads: 244
Oct. 10, 2015 01:00 PM EDT Reads: 759
Oct. 10, 2015 01:00 PM EDT Reads: 217
Oct. 10, 2015 01:00 PM EDT Reads: 270
Oct. 10, 2015 01:00 PM EDT Reads: 165
Oct. 10, 2015 12:45 PM EDT Reads: 145
Oct. 10, 2015 12:00 PM EDT Reads: 195
Oct. 10, 2015 12:00 PM EDT Reads: 128