Today in this post, I am going to present you the eLearning statistics.

eLearning technology is evolving and is becoming popular day by day.

eLearning is affordable and it doesn’t consume many resources like traditional education.

So the companies, organizations, and institutions are moving towards online learning rather than physical learning.

So without waiting further let’s look at the eLearning statistics.

Editor’s picks:

  1. eLearning helped the companies reduce employee training time by 40-60%.
  2. With eLearning, 42% of the companies saw an increase in revenue.
  3. e-learning technology helps companies to achieve an 18% boost in employee engagement.
  4. For every dollar a company spends on eLearning there is a $30 increase in productivity.
  5. The U.S. and Europe account for 70% of the eLearning industry.
  6. Udemy is the most popular e-learning platform for courses with more than 20,000 experts.
  7. By 2025, the eLearning industry will be worth $325 Billion.
  8. By 2020, the mobile e-learning market is expected to grow to $38 billion USD.
  9. The global Learning Management System (LMS) market is expected to reach $29 billion by 2026.

eLearning industry stats

  • eLearning increases the retention rates by 25-60% while the face to face classes have very low retention rates of 8-10%.
  • eLearning helped the companies reduce employee training time by 40-60%.
  • 42% of the companies agreed that eLearning helped them increase their revenue while 72% of the organizations said that eLearning helped them gain a competitive edge.
  • For every dollar a company spends on eLearning there is a $30 increase in productivity.
  • eLearning technology helped the companies attain an 18% boost in employee engagement.
  • More than 41.7% of the Fortune 500 companies have already implemented eLearning technology to train their employees.
  • eLearning industries are growing at a very rapid rate. Since 2000, it’s growth has increased by 900%.
  • For companies that train their employees with eLearning, they saw a 26% increase in the revenue generated per employee.
  • Dave Evans, the project manager of IBM said that after switching to eLearning IBM saved $200 million.
  • Britain’s Open University’s study found that providing eLearning courses consumes 90% less energy
  • The U.S. and Europe account for 70% of the eLearning industry.
  • Google itself trained its 80,000 employees through eLearning by enrolling them in Udacity’s HTML5 course.
  • 67% of organizations offer mobile learning.
  • The biggest growing e-learning area is Gamification learning.
  • 98% of small businesses reported that they are planning to use eLearning by 2020, for their own training.
  • 65% of the U.S. faculty support open-source educational resources.
  • 56% of the employees are very interested to take online courses if their managers offer them.

eLearning market stats

  • By 2025, the eLearning industry will be worth $325 Billion.
  • In 2019, the US Federal Government generated $2.2 billion by marketing eLearning products.
  • The U.S. government has spent more than $2.59billion on eLearning tools and services.
  • It is estimated that the eLearning industry is going to triple its size from 2020 to 2025.
  • eLearning is estimated to be worth $38 billion in 2020
  • It is expected that the U.S. eLearning market will increase by more than $6 billion USD between 2017 and 2022.
  • Thailand, Philippines, India, and China are the major eLearning markets with more than 30% growth rate annually.
  • By 2020, the mobile e-learning market is expected to grow to $38 billion USD.
  • The global Learning Management System (LMS) market is expected to reach $29 billion by 2026.

eLearning platform stats

  • Udemy is the most popular e-learning platform for courses with more than 20,000 experts. There are 12 million+ students taking Udemy courses.
  • Teachable is another powerful eLearning platform with more than 3 million students, 20,000 courses, and 7,500 experts.
  • Tata Interactive Systems and Classteacher Learning Systems are the top two eLearning sites in India.

Massive open online course (MOOC) stats

  • 73% of the students are still unaware of MOOCs.
  • MOOC’s market size will reach $21.4 billion by 2025.
  • North America contributes 29.4% to the global MOOC market.
  • The global MOOC market has reached a $5.16 billion value by 2019.
  • It is expected that the Asia-Pacific will become the fastest-growing market for MOOCs from 2020 to 2025.
  • In the U.K. the MOOC completion rates are less than 13%.

Online education statistics

  • 45% of elementary school students have said that they enjoy playing digital learning games and watching online videos.
  • 48% of K-12 students are making use of online classes available.
  • Learning programming is the major interest shown by 46% of the females and 62% of the male high school students.
  • 52% of the K-12 students agreed that online tutorials are a part of their learning.
  • More than 3 million students are using eLearning platforms for their higher education.
  • In the U.K. 70% – 80% is the completion rate of online education.
  • 46.4% of the UG students who take online classes are studying either Business (17%), Computer Science (16.1%), or Health (13%).
  • The U.S. market’s 59% of the share comes from eLearning products.
  • 63% of the U.S. high school students and 45% of the elementary school students use digital learning tools daily.
  • More than 30% of the students in the U.S. are taking at least one online course.
  • 20% of the U.S. students use solely their phones or tablets for eLearning itself.
  • 39% of the U.S. UG students said that online courses were superior to classroom training.
  • In Europe, Germany has the highest eLearning market share with an 8.5% annual growth rate.
  • 67% of students make use of mobile devices to complete their online course assignments.
  • 43% of U.S. college students have agreed that eLearning is really helpful for them.
  • 81% of the students agreed that eLearning helped them achieve higher grades.
  • 60% of the eLearners said that the online courses best fit their personal schedule.
  • 90% of the eLearners believe that eLearning best suits them than classroom training.

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Conclusion

By looking at these eLearning statistics we can definitely say that eLearning is the future.

Slowly the whole world is moving to digital and is adopting the eLearning technology. eLearning saves a lot of manpower, a lot of time, and increases productivity.

I hope you guys found this post on eLearning stats helpful.