Learning and teaching methods have been revolutionized due to the constant evolution of the technology industry. Lectures and seminars are no more confined to the classroom.
This is because students and instructors can now access several digital toolboxes and textbooks.
Some of such digital toolboxes include virtual learning systems, mobile devices, online courses, and e-learning platforms like Kindle and Udemy.
Interesting, online course platforms can collect each student's data to identify their strengths and weaknesses. With the data collected, these platforms can tailor their approach to suit the students' and tutors' needs.
Based on that, the learning process is improved, effortless and enjoyable. As a student who studies through e-learning platforms, knowing some essential e-learning statistics will be helpful.
Here are some vital e-learning statistics you should know.
Key E-Learning Statistics
- The eLearning market is forecasted to grow to $320 billion by 2025.
- 42% of companies who use eLearning generate more income.
- E-learning requires 40-60% less time to learn than in a traditional classroom.
- 77% of corporations in the US use online learning tools.
- 180 million learners used MOOCs worldwide in 2020.
General E-Learning Statistics
Online courses have become insanely popular over the past few years. Its rapid growth in popularity boils down to the ease and fun it brings to learning. Here are some general online learning statistics you should know.
1. The global e-learning market is expected to be worth $325 Billion by 2025.
According to e-learning statistics from Forbes, the corresponding figure for the e-learning market in 2014 was $165.36 billion. Over the years, there has been an increased demand for online learning. This is because it is fast for learning, efficient, cost-effective, and more beneficial. Based on several market growth indicators and statistics, the market is expected to double within a decade. Therefore, it is predicted that the e-learning market will be worth $325 Billion by 2025.
2. In 2017, approximately 77% of US corporations used online learning.
(eLearning Industry, Small Business Trends)
According to online education statistics, approximately 4% of US corporations used online learning in 1995. With the constant advancement of technology, many companies have acknowledged and embraced the benefits of e-learning. This has seen several organizations adopt e-learning programs wholeheartedly. By 2017, about 77% of US corporations have used online learning. However, approximately 98% of US corporations planned to incorporate online learning into their program in 2020.
3. About 67% of US companies provided learning opportunities through smartphones in 2019.
The rapid growth of smartphone adoption globally contributed to the widespread adoption of online learning. Statistics show that approximately 67% of US companies provided learning opportunities through smartphones in 2019. Interestingly, experts expect the adoption of online education in the US to further increase with more smartphone adoption worldwide. This is possible as more companies in the US are offering more mobile e-learning opportunities.
4. Learning retention rates increase by 25% to 60% through e-learning.
According to SH!FT, learning retention rates increase by 25% to 60% through e-learning. However, with traditional classroom or face-to-face training, retention rates are between 8% to 10%. This is because e-learning gives students more control over the learning process. Also, they can always revisit the learning materials anytime and at their convenience, if they forget or wish to relearn anything.
5. Corporate e-learning is predicted to grow by over 250% from 2017 to 2026.
E-learning statistics from Business Wire show that the corporate e-learning market had a value of $14.23 billion in 2017. However, experts believe the market could grow at a CAGR of 15% annually, resulting in more than 250% growth by 2026. If this happens, the corporate e-learning market could be worth almost $50 billion by 2026.
6. The average income of about 42% of US organizations has increased significantly with the help of e-learning.
According to statistics from The Educators, about 42% of US organizations have seen their income increase with the help of e-learning. This indicates that almost half of US corporations are benefiting from e-learning.
7. Comprehensive training programs have produced 24% higher profit margins and 218% higher revenue per employee.
The American Society for Training and Development survey of 2,500 companies shows that companies with comprehensive training programs have 24% higher profit margins and 218% higher revenue per employee. This confirms that investing in your employees' education is beneficial.
8. IBM saved approximately $200 million after switching to e-learning.
Online learning has helped many companies reduce their instructor costs. It is more beneficial, especially when employees and instructors live in different cities or countries. With e-learning, many companies can cut costs on equipment, travel, and hotel rental costs for instructors and employees. For example, statistics show that since IBM switched to e-learning, approximately $200 million has been saved.
Impressive E-learning Statistics for 2022
Here, we will discuss some of the most fantastic e-learning statistics to show how the industry has developed and is still growing.
9. By 2025, the massive open online course (MOOC) market could be worth $25.33 billion.
(Globe News Wire)
Free online learning platforms that provide practical courses, forums, and resources, for quizzes and discussion to their students, are called MOOCs. They allow for free and unlimited participation from students globally. With MOOCs, studying becomes seamless. Students can access learning materials from any class of their choice, interact with experts and other students through MOOC forums and study all for free.
The first MOOC platform was established in 2006. Since its establishment, many other valuable platforms have been created. Some prominent MOOC platforms include Coursera, Udemy, Udacity, edX, and many more. Based on the industry's rapid growth, it is predicted that the market could be worth $25.33 billion by 2025. That is a 32.09% annual growth rate from its present $5.16 billion value.
10. Between 2020 and 2024, the US e-learning market will grow by $12.81 billion.
E-learning statistics from Market Research show that about 63% of high school students in the United States use digital learning tools daily. Also, 64% of middle school students and 45% of elementary school students use at least one digital learning tool daily.
It also shows that about 52% of American graduates and 39% of undergraduates see online learning as a better learning process than classroom learning. This has so far increased the learning rate in the US. Therefore, it is predicted that the US e-learning market will grow by $12.81 billion between 2020 to 2024.
11. By 2027, the mobile learning market could reach $80.1 billion worldwide.
(Globe News Wire)
Mobile learning is one of the fastest-growing markets in the e-learning sector, according to statistics on the e-learning market size in 2021. Over the past years, mobile learning has maintained an average steady growth rate of more than 20%. As a result, the market was worth $7.98 billion in 2015, and by 2020, it had risen to $22.4 billion.
Experts say this massive 200% growth rate is most likely because of the COVID-19 pandemic and the growing number of mobile users. Based on this rapid growth rate and other statistics, it is predicted that the mobile learning market could rise to $80.1 billion worldwide by 2027.
12. In a couple of years from now, augmented and virtual reality (AR/VR) are some key trends that can drive the e-learning sector forward.
(Globe News Wire)
Mobile learning and the other forms of e-learning have positively impacted the world of online education. Interestingly, statistics on e-learning trends for 2021 show that with AR and VR, online education can be further improved.
Trainers can engage their students better with AR and VR, as it provides immersive experiences that make learning more seamless, practical, enjoyable, and effective. And considering the growth of the AR and VR industries, it is evident why the educational sector will take advantage of both industries.
13. Between 2020 to 2024, the corporate e-learning market could grow by $38.09 billion.
Corporate organizations and other businesses are expected to regularly organize online training and e-learning programs for the employees. This is where corporate e-learning comes into play. These e-learning programs could be product training, sales training, recruitment training, workshops, conferences, etc.
Corporate e-learning programs provide businesses and organizations the necessary tools to learn outside the traditional classroom. This has increased profitability for many organizations and their employees. According to corporate e-learning statistics from Business Wire, the corporate e-learning market is predicted to increase by $38.09 billion between 2020 to 2024. This is an expected growth at a CAGR of 11%.
14. Learning with corporate e-learning programs is faster than traditional learning.
Learning programs are essential in the workplace; however, only about 1% of the workweek is mainly dedicated to training and development. Hence, organizations and their employees must maximize the available training time. They must also thrive to achieve the best possible results.
E-learning makes learning faster and makes maximizing time more efficient. Statistics show that corporate e-learning can be completed within about 40% to 60% less time than traditional learning. It also provides employees with more fun, convenient and engaging ways to learn.
E-learning Trends In And Out Of Academia
Тhe United States is at the forefront of e-learning trends. Therefore, it is no surprise that many secondary and tertiary education institutions in the US and the world have adopted e-learning. Here, we will talk about popular e-learning trends.
15. 43% of US college students found digital study technologies extremely helpful for homework.
Back in the day, learning was more tedious. Sometimes one would have to visit the college library to do homework and projects. These days, that's not the case. Many college students can now do their homework and assignments from the comfort of their homes. Students can easily access any ebook bought by the library through several digital devices.
E-learning statistics in 2020 show that about 43% of US college students prefer using digital study technologies for homework. They find it extremely helpful, and this speaks volumes on the growth of online education.
16. 56% of US college students have confirmed that they use laptops in the classroom during a typical week.
Taking down notes, especially in the classroom, is a lot easier when using a laptop. It is even more effective if your lecturer speaks quickly. Based on this, digital learning technology has made learning more accessible. Statistics from Statista show that about 56% of US college students use laptops in the classroom during a typical week. The next most used digital learning technology is tablets, with a 51% weekly usage rate.
17. Approximately 81% of US college students believe that digital learning technology helps to improve their grades.
Students can meet their instructors for extended support outside of class. However, these instructors can’t be available in person 24/7. To complement this, many students rely on digital learning technology.
Interestingly, a large percentage of US college students believe that digital learning technology helps to improve their grades. This is because they can now contact their instructors through email. They also prefer this method of communication rather than visiting their instructors during office hours.
18. 41% of US teachers agree that the most significant barrier to increasing the use of educational tech in their classrooms is the lack of training.
Digital learning technology provides several benefits to learning; however, the use of educational tech in their classrooms is limited. This is in situations with older teachers or instructors whose training is not up-to-date with the widespread use of educational technologies.
19. 49% of students worldwide confirm to have taken an online course in the preceding 12 months.
Online education statistics from Statista show that the figure of students confirming to have taken an online course in the preceding 12 months was 46% in 2013. However, from 2020 to 2021, the number has increased to 49%.
20. Over 180 million learners used MOOCs globally in 2020.
MOOC platforms have enjoyed a considerable growth rate over the years. Experts believe the pandemic has contributed tremendously to the growth of these platforms. Because the pandemic made educational institutions and students turn to online learning. Statistics show that about 33% of learners on MOOCs joined in 2020, increasing the global usage to over 180 million learners.
21. E-learning is eco-friendly.
(SH!FT, College Stats)
Statistics from studies by Open University (Britain's most prominent online university) reveal that producing and providing e-learning courses is eco-friendly. It produces 85% less CO2 emissions per person than traditional training and consumes 90% less energy. This indicates that e-learning can help to address global climate change concerns.
22. In 2020, Canvas had the most extensive learner management system (LMS) market share in the US, with 36.7% of institutions using it.
E-learning statistics from Edutechnica show that Canvas had the largest LMS market share in the US in 2020. It has a market share of 36.7%, while BlackBoard, with 26.8% of institutions using it, claimed second place. The third-largest market share is 16.2%, claimed by Moodle, an open-source e-learning platform.
23. 33% of post-secondary school administrators will continue to offer remote and online courses.
The pandemic led to a period of lockdown, causing businesses, including schools to shut down for a while. However, statistics reveal that even after many campuses have reopened fully, about 33% of post-secondary school administrators still provide remote online courses. This indicates that more educational institutions recognize the benefits of online learning.
Eye-Catchy Stats And Facts
E-learning has rapidly become a hallmark of the educational model in the United States at all levels. Here we will discuss eye-catchy stats and facts about e-learning.
24. The self-paced online learning market in the US in 2021 dropped to $15.86 billion.
The self-paced online learning market in the US in 2016 was estimated to be $20.85 billion. This is regarded as the all-time high revenue generated. By 2021, this had dropped to an estimated $15.86 billion. However, this figure is still huge despite the decline.
25. The US Federal Government generated an estimated $2.05 billion in revenue in 2020 through self-paced e-learning products.
In 2019, the United States Federal Government generated an estimated $2.24 billion in revenue through self-paced e-learning products. The figure decreased to $2.05 billion in 2021. However, the US Federal Government still spends a lot facilitating its employees’ professional development. This helps to drive up the e-learning market size.
26. In 2020, about 41% of students agreed that the quality of their college-level online learning experience superseded that of physical classroom learning.
Educational statistics from EducationData.org show that 41% of students agreed that the quality of their college-level online learning experience superseded that of physical classroom learning. This is because online education allows students to apply a more flexible approach to learning. In addition, students can register for an online course at their convenience, unlike physical classrooms.
27. About 65% of faculty members in the United States advocate for more online learning courses and educational resources.
More faculty members in the United States advocate for more online learning courses and educational resources. This indicates that students are not the only party excited with the increased adoption of e-learning.
28. Around 90% of companies globally used e-learning as a training tool in 2020.
In 2017, the e-learning industry statistics predicted that by 2020, 98% of companies would adopt online training methods. The prediction was not met by 2020, but it came pretty close. 2020 saw a surge in e-learning usage as a training tool due to COVID-related remote work. This led to about 90% of companies adopting online training methods.
29. The e-learning market is now 24 years old.
Google was launched in 1998, and that same year, the word e-learning was coined. Google made it possible for everyone to find information online easily, which marked the beginning of online learning. Today, the e-learning market is 24 years old.
30. E-learning is the fastest growing market in the education industry
The digital learning industry has grown by more than 900% since 2000. This is a massive growth rate and makes it the fastest-growing market in the education industry.
31. In 2018, about 25.6% of all corporate training hours were delivered through e-learning platforms.
Many companies were slow to adopt e-learning as their primary training method before 2020, even though it was a growing trend in the corporate world. As a result, as of 2018, e-learning made up only about 25.6% of all corporate training hours delivered.
32. The average cost of creating an online course is $144 to $10,800.
(Sell courses online)
According to statistics from a published article by selling courses online, the average cost of creating an online course ranges from $144 to $10,000. This depends on several factors, such as the certification it provides and the number of modules.
33. The average price of an online course is $177
(Sell courses online)
Although the cost of creating some online courses could be as high as $10,000, the average price of an online course is relatively low. The average cost of an online course is $177. The more people subscribe to specific online courses, the more revenue the course creators generate. Interestingly, many online courses require little effort to maintain once created. This makes it easy for course creators to make a good return on their investment.
34. Udemy has more than 40 million students and remains the most popular e-learning platform.
Udemy, founded in 2009, is one of the oldest e-learning platforms worldwide. Today, it has grown in popularity and remains one of the most prominent e-learning platforms available. Statistics show that Udemy now has more than 40 million active students and offers a range of courses on professional subjects.
These subjects include accounting, finance, IT and software, personal development, and many more. In addition, there are more than 150,000 courses on Udemy, making it one of the most reliable learning platforms.
35. By using Thinkable and Teachable as an online learning platform, course creators have earned about $1 Billion.
(Sell courses online)
Thinkable and Teachable are among the most popular course platforms worldwide. They are perfect for students who wish to upskill and retrain themselves professionally. Statistics from Sell Courses Online show that Thinkable and Teachable have helped creators earn over $1 billion in revenue to date through course sales.
E-learning is the future of learning and remains a booming industry. The statistics above on e-learning clearly show the mind-blowing impact it has had on the educational sector and the lives of scholars. Interestingly, e-learning is more convenient with tasks, data visualization, and time management apps.
It also makes learning fun and possesses the potential to revolutionize how knowledge is transferred. Based on this, educators are no longer confined to tedious learning processing. Instead, they are just a click away from sharing knowledge with students and learning new things.