Are you looking for eLearning statistics? Here is our list.
eLearning is a type of education that focuses on educating everyone in a safe, effective, and low-cost manner. As a result, online learning is becoming increasingly popular among students of all ages.
Online learning is one of the hottest developments in the digital age. It has grown tremendously and shows no signs of slowing down. This type of distance learning, sometimes referred to as e-learning, does not take place in a traditional classroom where a physical teacher moderates and monitors information.
This window of opportunity has been greatly exploited by all forms of education (school-aged, higher learning, and institutional).
Flexibility, independence, better time management, and enhanced self-motivation are all advantages of online learning. The disadvantages, on the other hand, include greater work for pupils, as well as a high level of self-direction and fewer social connections.
Content Outline
Best eLearning Statistics & Trends 2024
1. By 2025, the market for massive open online courses (MOOCs) might be worth$25.33 billion. (Globe News Wire)
MOOCs are open online learning systems that allow students from all around the world to participate. The majority of them provide their pupils useful courses, tools, and forums for discussion and quizzes. MOOCs give students free access to whatever class they want, allow them to study for free, and allow them to communicate with experts through MOOC forums.
Following the launch of the first MOOC platform in 2006, a slew of others have emerged, including Udemy, Coursera, edX, Udacity, and others.
The MOOC market is currently valued $5.16 billion, according to e-learning industry figures. It is expected to expand at a 32.09 percent yearly rate until 2025.
2. Between 2020 and 2024, the US e-learning market is expected to rise by $12.81 billion. (Market Research Source)
According to e-learning statistics in the United States, 63 percent of high school pupils use digital learning tools on a daily basis. In addition, 45% of elementary school pupils utilise at least one digital learning tool on a daily basis.
In fact, 64% of them utilise at least one digital learning tool on a daily basis.
Furthermore, a large number of American graduates (52%) and students (39%) believe that online learning is superior to classroom learning. As a result, e-learning is becoming increasingly important in the United States.
3. By 2027, the global market for mobile learning might be worth $80.1 billion.(Globe News Wire)
According to estimates for the size of the e-learning market in 2021, mobile learning will continue to be one of the fastest-growing segments. Above the last few years, it has maintained a consistent growth rate of over 20%.
The mobile learning market was only $7.98 billion in 2015. By 2020, the figure would have climbed to $22.4 billion.
Experts believe the number expanded quickly as a result of the COVID-19 outbreak and the ever-increasing number of mobile users around the world. They also forecast that by 2027, the market for mobile e-learning will have grown to $80.1 billion.
4. Augmented and virtual reality (AR/VR) are major trends that have the potential to propel the e-learning industry forward in the coming years. (Globe News Wire)
There’s no denying the importance of mobile learning and other forms of e-learning in the realm of online education. However, according to statistics on e-learning trends for 2021, developers can go much further with AR/VR.
Trainers may better engage their students by using AR/VR to create immersive experiences that make learning more practical, effective, and entertaining. And, given the rapid growth of both the AR and VR businesses, it’s no surprise that the educational sector will benefit from both.
5. Between 2020 and 2024, the corporate e-learning market is expected to grow by $38.09 billion. (Business Wire)
Corporate e-learning refers to the online training that employees must do while working for a company. Sales training, product training, recruitment training, conferences, and seminars are just a few examples.
Corporate e-learning has provided businesses and organisations with the tools they need to move away from traditional classroom training over the years (which is quite expensive). Benefits for companies with staff spread throughout the continent have increased as a result of this. The corporate e-learning industry is predicted to increase at a CAGR of 11% between 2020 and 2024, according to corporate e-learning data for 2021.
6. When compared to traditional learning, corporate e-learning takes 40% to 60% less time to complete.(eLearning Industry)
On average, barely 1% of the work week is committed to workplace training and development. As a result, businesses and employees must make the most of their training time while still attaining the greatest potential results.
Employees may study in a variety of exciting and engaging ways thanks to e-learning. To top it off, employees have the option of choosing their most convenient and preferred learning period, as well as the pace at which they choose to study. This is both a luxury and a significant increase in terms of learning ability.
Have you ever enrolled in an online class? They’re quite popular, and they’re also a lot of fun. Take a look at these online learning stats.
7. By 2025, the global e-learning market is expected to be worth $325 billion. (Forbes)
According to e-learning statistics, the corresponding value for 2014 was $165.36 billion. In a decade’s time, the market will have roughly doubled.
There is a high demand for online education. It is both cost-effective and advantageous to a company’s bottom line…
8. Around 77 percent of US businesses adopted online learning in 2017. However, 98 percent of respondents said they expected to include it in their programme by 2020. (Source: Small Business Trends, eLearning Industry)
In 1995, this number was merely 4%, according to online education statistics. Companies have been quick to see the advantages of e-learning and have enthusiastically adopted it.
9. In 2019, 67 percent of US businesses offered mobile learning possibilities. (eLearning Industry)
Experts predict that as smartphone penetration grows internationally, more companies in the United States will provide mobile e-learning options.
10. E-learning improves learning retention rates by 25% to 60%. (SH!FT)
Face-to-face training, on the other hand, has substantially lower retention rates, ranging from 8% to 10%. Students have more control over the learning process using e-learning.
Furthermore, if they forget something, they can go back over the content whenever they want. They can also take the online quiz again if they failed the first time. This relieves a lot of stress and helps them to concentrate on studying.
Conclusion
E-learning is the way of the future. As these staggering e-learning numbers demonstrate, it’s a thriving sector. E-learning is more convenient than ever before, thanks to data visualisation, task and time management software.
It has the potential to change how we think about knowledge transfer as well.
