The Mexico Study Abroad market is expected to exceed USD 620 Million by 2024-2029, driven by expanding partnerships between Mexican and international universities.
If you purchase this report now and we update it in next 100 days, get it free!
Mexico offers a convincing objective for studying abroad because of its rich history, lively culture, and various scholastic open doors. Represented as a government republic with an official framework, Mexico's political strength supports its allure as a protected and dynamic spot for worldwide understudies, the nation flaunts a deeply grounded advanced education framework with eminent establishments like the Public Independent College of Mexico (UNAM), known for its scholarly greatness and social importance. Understudies can drench themselves in Mexico's old civilizations, provincial legacy, and current culture, improving their instructive involvement in a profound comprehension of Latin American history and culture. Mexico's contribution in the study abroad market is supported by different variables. Its financial strength as one of North America's biggest economies gives sufficient chances to temporary jobs and down to earth encounters in different areas like assembling, horticulture, and administrations. The public authority effectively upholds worldwide understudies through grants, including drives by CONACYT, encouraging scholarly trade and joint effort with worldwide foundations. Mexican colleges progressively advance internationalization, offering programs in English and working with associations with unfamiliar colleges for joint examination and scholarly drives. Mexico's phonetic benefit being a Spanish-talking nation gives understudies the valuable chance to further develop their language abilities while studying on in a socially rich climate and the country's obligation to research and advancement further improves its engaging quality, with developing results in fields like science, innovation, and social examinations adding to worldwide scholastic talk. The country's commitment to sustainable development and environmental conservation provides a unique learning environment for students interested in ecology and sustainability studies. Additionally, Mexico's strategic location as a gateway between North and South America enhances its appeal for students interested in regional studies and international relations.
According to the research report, "Mexico Study Abroad Market Outlook, 2029," published by Bonafide Research, the Mexico Study Abroad market is anticipated to add to more than USD 600 Million by 2024–29. The study abroad market is ready for significant development before long, determined by globalization, monetary turn of events, and innovative headways. Globalization cultivates a more prominent interconnectedness, provoking understudies to look for worldwide schooling for culturally diverse encounters and worldwide viewpoints. Rising livelihoods in non-industrial nations likewise contribute, extending the pool of understudies ready to manage the cost of abroad schooling. Establishments in nations like the Mexico, US, Australia, and Canada keep up with their charm because of scholarly greatness and exploration amazing open doors and mechanical progressions further democratize instruction, empowering remote learning choices that enticement for assorted students. Understudies expect exhaustive help administrations, including visa help, convenience direction, and profession guiding. Moderateness stays critical, with grants and educational cost waivers progressively pursued. In Mexico, guaranteeing understudy wellbeing and security, especially considering worldwide wellbeing challenges, is foremost, requiring vigorous medical coverage and emergency the executives plans. To conquer difficulties, smoothed out visa processes and positive movement strategies are fundamental. Upgraded social direction programs work with smoother combination into new conditions. Utilizing computerized stages for virtual learning and half and half models expands admittance to training without compromising quality and supportability drives additionally resound, reflecting more extensive cultural qualities among understudies and foundations. While some college students choose to study abroad as a way to expose themselves to varying cultures and languages, others do so to build workforce skills or prepare for a potential international career after graduation. But barriers such as cost, family concerns, limited course flexibility and lack of knowledge about available experiences prevent many students from going abroad in college in Mexico market.
What's Inside a Bonafide Research`s industry report?
A Bonafide Research industry report provides in-depth market analysis, trends, competitive insights, and strategic recommendations to help businesses make informed decisions.
Undergraduate programs reliably lead the study abroad market in Mexico because of a few reasons. Chasing after a four-year certification abroad offers understudies admittance to great training, frequently inaccessible or profoundly serious locally. Numerous understudies decide on undergrad programs abroad to further develop their English language capability and gain a worldwide point of view, which improves their profession possibilities upon graduation. Postgraduate programs, including expert's and doctoral certificates, likewise draw in Mexican understudies looking for specific information and accreditations, these programs are especially pursued in fields like business organization, designing, and sciences. The allure lies in the high level scholastic open doors, research offices, and systems administration expected given by famous worldwide colleges. The developing pattern in postgraduate study abroad mirrors a craving for professional success, scholastic eminence, and worldwide openness. Secondary school study on abroad programs is one more section building up some decent forward movement in Mexico. These programs permit more youthful understudies to encounter unfamiliar school systems, further develop language abilities, and get ready for future scholarly undertakings abroad. They frequently decide to go to private life experience schools or take part in return programs to expand their social skylines since the beginning. Vocational and technical programs abroad cater to students seeking specialized skills and hands-on training not readily available in Mexico. These programs are increasingly popular among individuals looking for practical education in fields such as hospitality, healthcare, and information technology. Countries like Germany and Canada are renowned for their vocational training systems, attracting Mexican students seeking internationally recognized certifications and employment opportunities.
Direct enrolment programs include understudies straightforwardly signing up for a Mexican college or foundation for a semester or scholastic year. Understudies benefit from full mix into scholastic life, incorporating going to classes with nearby understudies, partaking in college occasions, and possibly living in nearby lodging. The allure lies in the potential chance to encounter Mexico's school system first-hand, which is known for areas of strength for its in fields like human sciences, pale history, and ecological examinations. Third-Party Supplier Projects, these projects are presented by outer associations that work with concentrate on abroad encounters in Mexico. They frequently join scholastic coursework with social submersion exercises, language learning potential open doors, and calculated help like lodging and journeys. Outsider suppliers appeal to understudies looking for organized programs with exhaustive help administrations. Internships and Work-Study Projects, progressively well known, these projects offer understudy the opportunity to acquire practical involvement with Mexican organizations, NGOs, or examination foundations.
They give important expert abilities advancement while drenching members in the local work culture and society. This section requests to profession centered understudies hoping to upgrade their resumes with global work insight. Exchange programs facilitate student exchanges between Mexican universities and international institutions; this segment is growing due to increased institutional partnerships and the promotion of cultural exchange. Exchange students typically benefit from waived tuition fees (paying at their home institution), cultural immersion activities, and support services aimed at integration, the growing popularity is driven by the desire for cultural immersion and academic diversity, along with the opportunity to study specialized subjects like Mexican history, art, and literature in their original context. Short-Term Programs, these intensive programs typically range from a few weeks to a semester and focus on specific topics such as language immersion, cultural studies, or field research. They are popular for their flexibility and the opportunity to earn credits during summer breaks or academic holidays.
Make this report your own
Have queries/questions regarding a report
Take advantage of intelligence tailored to your business objective
Manmayi Raval
Research Consultant
Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029
Aspects covered in this report
• Study Abroad market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Education Level
• Undergraduate Programs
• Postgraduate Programs
• High School Programs
• Vocational and Technical Programs
Don’t pay for what you don’t need. Save 30%
Customise your report by selecting specific countries or regions
By Program Type
• Direct Enrolment Programs
• Exchange Programs
• Third-Party Provider Programs
• Internships and Work-Study Programs
• Short-Term Programs
The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Study Abroad industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.
Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Mexico Macro Economic Indicators
5. Market Dynamics
5.1. Market Drivers & Opportunities
5.2. Market Restraints & Challenges
5.3. Market Trends
5.3.1. XXXX
5.3.2. XXXX
5.3.3. XXXX
5.3.4. XXXX
5.3.5. XXXX
5.4. Covid-19 Effect
5.5. Supply chain Analysis
5.6. Policy & Regulatory Framework
5.7. Industry Experts Views
6. Mexico Study Abroad Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast, By Education Level
6.3. Market Size and Forecast, By Program Type
6.4. Market Size and Forecast, By Region
7. Mexico Study Abroad Market Segmentations
7.1. Mexico Study Abroad Market, By Education Level
7.1.1. Mexico Study Abroad Market Size, By Undergraduate Programs, 2018-2029
7.1.2. Mexico Study Abroad Market Size, By Postgraduate Programs, 2018-2029
7.1.3. Mexico Study Abroad Market Size, By High School Programs, 2018-2029
7.1.4. Mexico Study Abroad Market Size, By Vocational and Technical Programs, 2018-2029
7.2. Mexico Study Abroad Market, By Program Type
7.2.1. Mexico Study Abroad Market Size, By Direct Enrollment Programs, 2018-2029
7.2.2. Mexico Study Abroad Market Size, By Exchange Programs, 2018-2029
7.2.3. Mexico Study Abroad Market Size, By Third-Party Provider Programs, 2018-2029
7.2.4. Mexico Study Abroad Market Size, By Internships and Work-Study Programs, 2018-2029
7.2.5. Mexico Study Abroad Market Size, By Short-Term Programs, 2018-2029
7.3. Mexico Study Abroad Market, By Region
7.3.1. Mexico Study Abroad Market Size, By North, 2018-2029
7.3.2. Mexico Study Abroad Market Size, By East, 2018-2029
7.3.3. Mexico Study Abroad Market Size, By West, 2018-2029
7.3.4. Mexico Study Abroad Market Size, By South, 2018-2029
8. Mexico Study Abroad Market Opportunity Assessment
8.1. By Education Level, 2024 to 2029
8.2. By Program Type, 2024 to 2029
8.3. By Region, 2024 to 2029
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer
Table 1: Influencing Factors for Study Abroad Market, 2023
Table 2: Mexico Study Abroad Market Size and Forecast, By Education Level (2018 to 2029F) (In USD Million)
Table 3: Mexico Study Abroad Market Size and Forecast, By Program Type (2018 to 2029F) (In USD Million)
Table 4: Mexico ABC Market Size and Forecast, By Region (2018 to 2029F) (In USD Million)
Table 5: Mexico Study Abroad Market Size of Undergraduate Programs (2018 to 2029) in USD Million
Table 6: Mexico Study Abroad Market Size of Postgraduate Programs (2018 to 2029) in USD Million
Table 7: Mexico Study Abroad Market Size of High School Programs (2018 to 2029) in USD Million
Table 8: Mexico Study Abroad Market Size of Vocational and Technical Programs (2018 to 2029) in USD Million
Table 9: Mexico Study Abroad Market Size of Direct Enrollment Programs (2018 to 2029) in USD Million
Table 10: Mexico Study Abroad Market Size of Exchange Programs (2018 to 2029) in USD Million
Table 11: Mexico Study Abroad Market Size of Third-Party Provider Programs (2018 to 2029) in USD Million
Table 12: Mexico Study Abroad Market Size of Internships and Work-Study Programs (2018 to 2029) in USD Million
Table 13: Mexico Study Abroad Market Size of Short-Term Programs (2018 to 2029) in USD Million
Table 14: Mexico Study Abroad Market Size of North (2018 to 2029) in USD Million
Table 15: Mexico Study Abroad Market Size of East (2018 to 2029) in USD Million
Table 16: Mexico Study Abroad Market Size of West (2018 to 2029) in USD Million
Table 17: Mexico Study Abroad Market Size of South (2018 to 2029) in USD Million
Figure 1: Mexico Study Abroad Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 2: Market Attractiveness Index, By Education Level
Figure 3: Market Attractiveness Index, By Program Type
Figure 4: Market Attractiveness Index, By Region
Figure 5: Porter's Five Forces of Mexico Study Abroad Market
Allows one individual to access the purchased report Read More
Allows up to five individuals to access the purchased report Read More
Allows all employees of an organization to access the purchased report. Internal sharing only Read More
Allows all employees of an organization to access the purchased report. It also permits the use of up to 4 paragraphs or 1 page of the report externally in whitepapers, press releases, and marketing collateral Read More