EdTech Industry

The demand for digital learning solutions has grown at an extraordinary pace over the last two years, fast-tracking the digitalization of education.

EdTech Industry

The demand for digital learning solutions has grown at an extraordinary pace over the last two years, fast-tracking the digitalization of education.

The British Council estimates that 1.6 billion people learning English worldwide. In 2021, the English-language learning market was valued at US$8.3 billion globally – and it is forecasted to continue to grow at +17% year over year. Digital content delivery provided by companies like Lingo Media is key to this growing market as it has increased access to English-language learning.

Latin America Market

While language training programs exist in various forms throughout the Latin American region, three key factors are needed for these programs to be successful: continuity, robust monitoring and evaluation framework, and qualified teachers. LingoMedia’s solutions innovatively address each of these factors, including the latest English Teacher Prep course and enhanced evaluation tools. Students attending English Language Training (ELT) classes in Latin America accounted for approximately 14% of worldwide revenue, or US$321 million, in 2017. Growth has been rapid in the region and represents a powerful opportunity moving forward relative to other geographic regions.

Asia-Pacific Market

Technavio forecasts that the ELT market in China will grow at a CAGR of 22%. This growth is driven by a greater desire to learn English, the widespread adoption of smartphone-enabled tools, and increasing disposable income levels. Technavio also notes that 49% of the growth in the global digital English-language learning market will come from the Asia-Pacific region.