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Latin America: e-learning market revenue 2018-2023

Published by
Tiago Bianchi,
May 23, 2022
In 2020, the e-learning market in Latin America is expected to generate approximately 2.67 billion U.S. dollars in revenue and is expected to expand to more than three billion by 2023. In Brazil, ten percent of internet users took part in an online course in 2019.

Revenue of the e-learning market in Latin America from 2018 to 2023 (in billion U.S. dollars)

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Sources

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Release date

August 2018

Region

LAC

Survey time period

August 2018

Special properties

forecast

Supplementary notes

* The sources states that the revenue will be "over $3 billion by 2023."
The Statista estimate is based on values in 2023 and the compound annual growth rate from 2018 to 2023 of four percent, which were provided by the source. An exponential development of the market was assumed.

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