79+ Staggering Online Learning Statistics! (All You Need To Know!)
When it comes to education, whether it is school-aged, higher education institutions, or company training, the vast majority is starting to swiftly move away from traditional face-to-face delivery to online learning.
The following Online learning statistics (e-learning) of 2023 reveal just how big this industry has grown to, and the projected future growth.
Learn about the biggest e-learning providers in the world, as well as academic and business-based online learning statistics (e-learning) in the article below.
79+ Staggering Online Learning Statistics 2023 (All You Need To Know!)
Key Online Learning Statistics
To get a brief overview of the different trends of the e-learning industry, take a look at these key online learning statistics (e-learning).
- The word ‘e-learning’ was coined in 1998
- The e-learning market is over 2 decades old
- It’s projected that by 2025, the global e-learning market will reach $325 billion USD
- 50% of student in various higher education institutions have taken an online course in the past year
- Corporate e-learning reports the effect of increasing knowledge retention anywhere from 25-60%
- Almost 80% of companies used online learning platforms in 2017, and in recent years it has continued to rise
- Udemy is one of the most popular online learning platforms globally
- When asked, 60% of Internet users reported that online courses are preferable to fit their lifestyle and schedules
- Virtual and augmented reality education software is projected to reach $300 million USD in revenue by 2020.
Growth Of e-learning
Online learning statistics (e-learning) give an interesting insight into how rapid the growth has been since it’s implementation, as well as how big the industry is still becoming globally.
- Since 2000, the e-learning global industry grew by 900%
- The e-learning industry is expected to triple its size from 2020 to 2025
- The e-learning market in the US is expected to increase by more than $6 billion USD between 2017 and 2022
- The fastest-growing market in the Asia Pacific e-learning regional industry, with revenues expecting to grow annually by 20%
- Growing global e-learning markets include Thailand, Philippines, India, and China, with more than 30% growth rate annually
- The mobile e-learning market is expected to grow to $38 billion USD by 2020
- The US government in 2019 has bought approximately $2.59 billion USD worth of e-learning products that are ‘self-paced’
- The self-paced e-learning market, however, is said to decline by 2021 to be around $33.5 billion, as more experts and professionals create scheduled e-learning courses
- Gamification learning is said to be one of the biggest growing e-learning areas, with the help of VR and AR leading the way for virtual courses and classrooms.
- Microlearning is a key recent trend where learners choose small-sized learning modules to interact with educational content. In 2018, microlearning accounted for more than 60.7% of e-learning.
Online Learning Marketshare by Providers
There is a range of key players in the world of online learning. Read on to learn of the most popular e-learning providers in the industry.
- The US and Europe market account for more than 70% of the global e-learning industry
- Lynda.com, an e-learning platform received $103 million USD in venture funding in 2013
- 2 years after Lynda.com acquired their funding, they were purchased by LinkedIn for $1.5 billion USD in 2015. It is now called LinkedIn Learning
- In 2017, BlackBoard had the largest market share in the US and Canada, with close to 30% of institutions using it.
- More than three quarters of US higher education institutions and students relied on platforms such as Blackboard, Canvas, Moodle and D2L Brightspace platforms
- Virtual and Augmented reality learning is growing, with Sony selling $500 million worth of units of their PlayStation VR in 2017. It’s said that the future sees Sony using VR for learning courses
- The most popular e-learning platform for courses is Udemy, with more than 20,000 experts creating content. There are more than 12 million Udemy students taking courses
- Teachable is another leading platform, with more than 3 million students, 20,000 courses and 7,500 experts
- Close behind, in the market leaders of e-learning platforms, are WizIQ, Ruzuku, Educadium, Learnworlds, Thinkific, Academy of Mind, CourseCraft, and Skillshare
- The top teachers on Skillshare make up to $40,000 annually
- India’s most popular global e-learning sites are Tata Interactive Systems and Classteacher Learning Systems.
Global Online Learning Statistics (e-learning) Trends
In the following online learning statistics (e-learning), you’ll notice specific trends in what’s happening globally.
- Corporate training has become a $200 billion USD industry, with e-learning taking up more than half of this amount
- Already back in 2011, e-learning courses were the most popular learning technology, used by 80% of employers. To this day, this remains true
- Producing and providing e-learning courses can consume 90% less energy and produces 86% less Co2 emissions per person than face-to-face sessions
- Actively learning engaged workforces are said to deliver almost 3 times more earnings per share of their unengaged competitors who do not regularly offer training
- 42% of companies self-report that e-learning has led to a vast increase in their revenue
- Close to 70% of organization offer mobile learning
- More than 40% of Fortune 500 companies are using e-learning regularly and extensively
- 72% of global organizations report that e-learning give them (or could potentially give them) a competitive advantage in their industry
- More than 60% of US companies offer learning opportunities via smartphone technology
- Video web activity accounts for more than 80% of activity online globally, with a great deal of this being courses and learning videos.
For more data, you can also see out other posts on at home learning statistics, freelancer statistics, and video conferencing statistics.
Online Learning Statistics For Businesses
Companies are starting to utilize e-learning in their staff and company training methods, and the below statistics reveal the impact this has had on their growth, revenue, and employee retention.
- E-learning is one of the top training methods within organizations of any kind
- In 2011, 51% of companies delivered training via e-learning, which was a big increase from 39% in 2010
- Corporations can save anywhere from 50-70% of their money to replace an instructor with e-learning methods
- IMB saved approximately $200 million after switching to e-learning training methods
- By 2020, it’s projected that 98% of small businesses are planning to use e-learning for their own training, or within their company
- For every dollar spent on e-learning methods, companies are said to make back around $30 in higher productivity
- When employers spend close to $1,500 per employer annually on training, data reveals that their profit margins increase by around 25%
- Companies with comprehensive training programs online have over 200% higher revenue per employee
- E-learning has been found to increase employee retention rates by anywhere from 25-60%
- At Fortune 500 firms, 73.6% of technology-delivered training comes through various networked, online methods.
Academic Trends for e-learning Statistics
Lastly, when it comes to academic online learning statistics (e-learning), you’ll see how much students in higher education rely on online learning methods for their education.
- 65% of US high education faculty support open educational resources
- About 50% of student reported that they took part in some form of e-learning in the past year
- E-learning students are said to learn 5 times more material for every hour of training than they do in face-to-face methods
- There’s an increase in student retention rates for e-learning courses from 35-60%, compared with 8-10% of face-to-face training methods
- Self-study e-learning tools are known as the asynchronous method
- This asynchronous method of learning accounts for more than 20% of all pieces of training delivered
- Almost half of all college students surveyed reported that digital learning was ‘extremely helpful’ for their education
- 81% of college students also agree that this technology increases their grades improvements
- Presently, half (or more, depending on the institution) of all classes for education are completed online
- High education institutions will soon start to implement VR and AR learning tools into their institutions in the near future.
To upskill further, check out my guide on the top free online course providers with certificates! You can also see my other posts on the benefits of eLearning and also the disadvantages of eLearning in 2023.