30+ Elearning Industry Statistics (2023 – 2028)
Author: Manno Notermans- Published: September 21, 2023
E-learning, also known as online learning or digital learning, is a form of education or training delivered electronically through digital devices such as computers, tablets, or smartphones.
It typically involves the use of multimedia tools, such as videos, interactive quizzes, and virtual simulations, to create engaging and interactive learning experiences that can be accessed remotely by students or learners.
E-learning can take many different forms, from self-paced modules to live webinars and online classrooms, and is used in a wide range of settings, from traditional academic institutions to corporate training programs. As a result, the size of the e-learning industry is growing tremendously.
If we talk about the global e-learning industry statistics, we see that the global elearning industry statistics has seen a tremendous boom in recent years, with more and more individuals and organizations turning to digital platforms for online education and training.
As technology continues to evolve and remote work becomes more prevalent, e-learning has emerged as a critical tool for delivering effective and efficient training programs.
In this article, we will take a deep dive into the world of e-learning industry statistics, exploring the latest adoption rates, revenue growth, and trends shaping the sector.
Whether you’re an educator, trainer, or business leader, this inside look at the e-learning industry will surely provide valuable insights and inspiration for your own e-learning initiatives.
Considering the history of the e-learning industry, if we look at the e-learning industry statistics, we see that the e-learning industry has evolved rapidly since the emergence of early forms of computer-based training and distance learning in the 1960s and 1970s.
The introduction of personal computers and the internet in the 1980s and 1990s led to the development of more advanced forms of e-learning, including learning management systems and online universities.
The 2000s and 2010s saw further innovation in e-learning, including the rise of MOOCs and increased adoption of gamification and interactive learning techniques.
The COVID-19 pandemic in 2020 accelerated the adoption of e-learning as schools and businesses shifted to remote learning and work.
Today, the e-learning industry continues to grow with increasing demand for flexible and personalized learning solutions and the adoption of AI, VR, and AR to enhance the learning experience.
30+ Elearning Industry Statistics (2023 – 2030)
Mentioned below are a few e-learning statistics post-2022 to show the growth of online education statistics and how the e-learning industry is developing:
By 2025, the massive open online courses (MOOCs) market may be worth $25.33 billion. As per the e-learning statistics, the MOOC market is currently worth $5.16 billion. Up until 2025, it is anticipated to expand at a 32.09% yearly rate.
Moreover, by 2024, the US e-learning market may expand by $12.81 billion. According to e-learning statistics, 63% of high school students in the US use digital learning tools every day.
Also, 45% of pupils in elementary schools utilize at least one digital learning tool daily. American graduates (52%) and undergrads (39%) both favor online learning over traditional classroom instruction. Thus, e-learning is becoming more and more significant in the US.
By 2027, the global market for mobile learning might total $80.1 billion. We all know that mobile learning is still one of the fastest-growing areas in the e-learning industry, according to e-learning statistics on the e-learning industry market size in 2022. During the previous few years, it has sustained an average steady growth rate of above 20%.
In addition, it’s forecasted that by 2027, the market for mobile e-learning will reach $80.1 billion, thus a high e-learning industry growth.
As per the corporate Elearning industry statistics, the corporate e-learning market is expected to grow at a CAGR of 11% between 2022-2024. Corporate e-learning has given firms and organizations the resources they need to move away from conventional classroom training over time (which is quite expensive).
Benefits for businesses with personnel dispersed throughout the continent have increased as a result.
Between 2022 and 2029, the learning management systems (LMSs) market is expected to expand by 14.2%. There is a rising need for the interactive content that LMS provides.
Just $14.43 billion was spent on this industry in 2021. According to the e-learning statistics on online education growth for 2022, by 2029, it will have grown to $40.95 billion. The CAGR for the forecast period of 2022-2029 would be close to 14.2%.
History of e-Learning and its Growth from 2016 -2022
The e-learning industry has experienced significant growth and transformation over the past seven years. Here are some key statistics from 2016 to 2022
Elearning Trends and Statistics of 2016
The global e-learning market was valued at $165 billion. Mobile learning (m-learning) was the fastest-growing sector, with a projected growth rate of 36.3% by 2020. Corporate e-learning was the largest segment, accounting for 42% of the market.
Elearning Trends of 2017
The global e-learning market was projected to reach $275 billion by 2022. The corporate sector continued to dominate the market, with an estimated share of 60%. The adoption of gamification in e-learning continued to grow, with the gamification market projected to be worth $11 billion by 2020.
The Trend of e-Learning Industry in 2018
The global e-learning market was valued at $200 billion. The adoption of augmented reality (AR) and virtual reality (VR) in e-learning continued to increase, with the AR and VR market projected to be worth $2.8 billion by 2023. The Asia-Pacific region was the fastest-growing market, with a projected growth rate of 14.6% by 2023.
Elearning Industry Statistics of 2019
The global e-learning market was valued at $243 billion. The adoption of artificial intelligence (AI) in e-learning continued to increase, with the AI market in education projected to be worth $6 billion by 2025. The market for online higher education was projected to reach $74 billion by 2025.
Elearning Industry Statistics of 2020
The global e-learning market was valued at $255 billion. The COVID-19 pandemic accelerated the adoption of e-learning, with the market projected to grow at a compound annual growth rate (CAGR) of 18.1% from 2020 to 2027. The K-12 education segment was the fastest-growing sector, with a projected growth rate of 20.9% from 2020 to 2027.
Elearning Industry Statistics of 2021
The global e-learning market was valued at $370 billion. The market was projected to grow at a CAGR of 14.6% from 2021 to 2028. The adoption of microlearning and personalized learning continued to increase.
Elearning Industry Statistics of 2022
The global e-learning market is projected to be worth $404 billion. The market is projected to grow at a CAGR of 9.6% from 2022 to 2027. The adoption of adaptive learning and immersive learning technologies is expected to increase.
Overview of the E-Learning Industry
The e-learning industry has transformed how people learn by using technology to facilitate learning. The industry has experienced rapid growth in recent years due to the increasing adoption of remote work and learning and rising demand for flexible and personalized learning solutions.
According to e-learning industry statistics, the global e-learning market was valued at $144 billion in 2017 and is projected to reach $374.3 billion by 2026, growing at a CAGR of 14.6% from 2018 to 2026. The main players in the e-learning market include companies such as Coursera, Udemy, and LinkedIn Learning.
One of the key advantages of e-learning is its ability to engage students through interactive and gamified learning experiences. E-learning also offers cost savings, eliminating the need for physical classroom space and reducing travel and accommodation costs.
Moreover, e-learning provides flexibility and accessibility, allowing learners to access the content at their own pace and from any location with an internet connection.
Quality and accreditation are also important considerations in the e-learning industry, as learners and employers seek assurance of the credibility and relevance of the learning content.
Accreditation bodies such as the Accrediting Council for Continuing Education and Training (ACCET) and the Distance Education Accrediting Commission (DEAC) are vital in ensuring quality standards in the e-learning industry.
Looking ahead to 2023, the e-learning industry is expected to continue its growth trajectory, driven by advances in technology, the changing needs of learners and employers, and the increasing importance of lifelong learning.
Adopting Artificial Intelligence and machine learning will likely enhance the learning experience. The growth of micro-credentials and digital badges may provide learners with more targeted and flexible learning pathways.
Overall, the e-learning industry will continue to play a significant role in shaping the future of education and workforce development.
Latest Market Trend of the E-learning Industry
- Future of the E-Learning Industry:
- Personalized Learning Experiences
- Gamification and Microlearning
- Virtual and Augmented Reality
- Digital Credentials and Micro-Credentials
- Virtual and Augmented Reality
1. Future of the E-Learning Industry
The e-learning industry is poised for a bright future, with continued growth and innovation expected in the coming years. As we move into 2023 and beyond, there are several key trends that are likely to shape the industry:
2. Personalized Learning Experiences
The use of AI and machine learning algorithms will allow for more personalized learning experiences, tailoring content to each learner’s needs and preferences.
3. Gamification and Microlearning
Shorter, more engaging learning modules and gamified learning experiences will become increasingly popular, catering to learners’ preferences for bite-sized content.
4. Digital Credentials and Micro-Credentials
The trend towards digital badges and micro-credentials will continue as learners seek more flexible and targeted learning pathways.
5. Virtual and Augmented Reality
Adopting VR and AR technologies will enable immersive, interactive learning experiences, particularly in technical and vocational training.
The impact of these trends on education and employment is likely to be significant. The increasing demand for flexible and personalized learning solutions will enable learners to upskill and reskill more quickly and effectively, enhancing their employability in a rapidly changing job market.
At the same time, employers will benefit from a more skilled and adaptable workforce equipped to meet the challenges of digital transformation and technological change.
However, the e-learning industry also faces several challenges and opportunities. Ensuring the quality and accreditation of e-learning programs remains a key challenge, as does ensuring accessibility and inclusivity for all learners.
The rise of online education has also led to concerns about the digital divide and access to technology and reliable internet connections.
On the other hand, the increasing adoption of e-learning presents a significant opportunity to bridge skills gaps and provide more accessible and flexible learning opportunities to learners around the world.
Overall, the e-learning industry is set for continued growth and innovation in the coming years, with the potential to transform education and employment opportunities for learners worldwide.
Elearning Industry Statistics – FAQs
Here are some of the frequently asked questions related to the e-learning industry:
How Big Is the Elearning Industry?
The eLearning industry has grown significantly in recent years, with a market size of approximately $200 billion in 2021, according to e-learning industry statistics.
What Is the Growth Rate of the Elearning Industry?
The eLearning industry has been experiencing a high growth rate in recent years. According to the e-learning statistics, the eLearning market is expected to grow at a CAGR of 14.2% from 2021 to 2026.
Does Elearning Increase Retention Rates 25% To 60%?
Answer: Yes, several studies have shown that eLearning can increase retention rates by 25% to 60% compared to traditional classroom-based learning. This is because eLearning offers a more engaging, interactive, and personalized learning experience that allows learners to absorb and retain information more effectively. However, the exact increase in retention rates can vary depending on the specific context and learning content.
Conclusion
In conclusion, the eLearning industry has experienced rapid growth in recent years and is poised for continued expansion in the coming years. With the increasing demand for flexible, personalized, and accessible learning solutions, eLearning has become popular for learners of all ages and backgrounds.
The statistics show that the eLearning market size has increased significantly, with projections indicating further growth in the future. Moreover, the benefits of eLearning, including improved retention rates, cost savings, and enhanced engagement, have made it a popular choice for both learners and organizations.
As we move into the future, the eLearning industry is expected to continue to evolve, leveraging new technologies and pedagogies to provide even more effective and efficient learning experiences for learners worldwide.
