SEATTLE, April 23, 2012 /PRNewswire-iReach/ -- According to a new report by Ambient Insight, the global market for digital English language learning is growing by a five-year compound annual growth rate (CAGR) of 14.5% and revenues will reach $2.58 billion by 2016. Ten countries have growth rates above 20%, with Malaysia and China topping the list at 41.5% and 38.1%, respectively.
The new report, "The Worldwide Market for Digital English Language Learning Products and Services: 2011-2016 Forecast and Analysis," identifies revenues across seven regions: North America, Latin America, Western Europe, Eastern Europe, Asia, the Middle East, and Africa.
"This new Ambient Insight report series is the most comprehensive analysis of the digital English language learning market ever published and offers a breathtaking view of the global industry," comments CEO Tyson Greer. "We have identified six key catalysts driving growth across the planet and isolated significant untapped revenue opportunities for suppliers. We have revised our international forecasts upward from previous forecasts."
The Premium Edition of the report includes detailed profiles of 54 countries, five-year forecasts for 54 countries across the planet, a global supply-side analysis, and an index of over 300 suppliers. The Premium Edition is designed for suppliers that need an in-depth view of the buying behaviors in the top buying countries in each region of the globe.
The Standard Edition includes a brief buyer analysis and five-year forecasts for 54 countries across the regions. The Standard Edition is designed for suppliers that understand the international market dynamics and "just want the numbers."
Additionally, Ambient Insight offers seven Regional Editions that include profiles and five-year forecasts for the top buying countries in each region, and an index of regional suppliers. The Regional Editions are designed for suppliers that are competing (or plan to compete) in specific regions.
The free Executive Overviews and regional abstracts are available at: http://www.ambientinsight.com/Reports/DigitalEnglish.aspx
"Content providers, device makers, and telecom operators have launched over thirty subscription-based Mobile Learning value-added service (VAS) products in the last two years," adds Sam S. Adkins, Chief Research Officer. "Twenty-one of these new Mobile Learning VAS products are comprised of English language learning content, and eight of them launched just since January 2012. These new products are now generating hundreds of millions of dollars in new revenues across the globe."Media Contact:
Sam Adkins, Ambient Insight, 360-805-4298, firstname.lastname@example.org
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SOURCE Ambient Insight