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)
* 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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Statista. (August 13, 2018). Revenue of the e-learning market in Latin America from 2018 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 01, 2021, from https://www.statista.com/statistics/1097584/e-learning-market-latin-america/
Statista. "Revenue of the e-learning market in Latin America from 2018 to 2023 (in billion U.S. dollars)." Chart. August 13, 2018. Statista. Accessed December 01, 2021. https://www.statista.com/statistics/1097584/e-learning-market-latin-america/
Statista. (2018). Revenue of the e-learning market in Latin America from 2018 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 01, 2021. https://www.statista.com/statistics/1097584/e-learning-market-latin-america/
Statista. "Revenue of The E-learning Market in Latin America from 2018 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Aug 2018, https://www.statista.com/statistics/1097584/e-learning-market-latin-america/
Statista, Revenue of the e-learning market in Latin America from 2018 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1097584/e-learning-market-latin-america/ (last visited December 01, 2021)
