This resource covers eLearning statistics for 2023.
Technology has been improving rapidly in every field, and similar is the case with teaching and learning. Seminars and lectures are not confined to classrooms anymore.
This is all down to the digital tools that are now available to students and teachers on their laptops and mobile devices. Digital libraries and e-books are also available.
These online resources can gather data on the weaknesses and strengths of every student. And relying on that data, they can develop strategies to make their learning platform more seamless and productive.
As this industry has grown by leaps and bounds, we have curated these online learning statistics for 2023 for you that you might find very interesting, so keep reading.
Key eLearning Statistics in 2023
- By 2025, the global e-learning market is projected to be worth around $325 billion.
- About 77 percent of US firms used online learning in 2017, and around 98 percent are planning to use it by 2020.
- The e-learning market size in the US is set to reach $12.81 billion within 4 years from 2020 to 2024.
- E-learning can increase retention rates from 25 percent to 60 percent.
- The current corporate e-learning can increase by $38.09 billion between the 4 year period of 2020 to 2024.
- E-learning has allowed numerous US organizations to increase their income by 42 percent.
- Companies with comprehensive training programs have more than 218 percent higher revenue per team member and 24 percent better profit margins.
- IBM has managed to save around $200 million once they switched to their e-learning system.
All these stats are pretty impressive, and they do amplify the importance of what e-learning is all about.
Let’s assess these eLearning statistics with more details!
Detailed eLearning Statistics 2023
MOOCs Market Could Be Worth More than $25.33 Billion by The Year 2025
MOOCs or massive open online courses are very popular these days. They are free of cost online learning platforms that enable users to participate from anywhere around the globe.
There are numerous valuable courses and resources. You can also access different forums of discussion and take quizzes.
MOOCs allow you to access any class and study for free. You also get to interact with experts in the field.
The first MOOC platform was established back in 2006, and after that, several others were created.
Today, some of the best ones are Coursera, edX, Udemy, Udacity, and several others. The current market worth of MOOCs is $5.16 billion, and it is estimated to grow annually at around 32.1 percent by 2025.
From the Year 2020 to 2024, the US eLearning Market Will Expand by $12.81 Billion
The market research on e-learning in the US has found that around 63 percent of high school students use various digital learning tools daily.
In addition, 45 percent of elementary school students use at least one digital learning tool daily.
Moreover, 63 percent of middle school students use at least one such tool daily.
Furthermore, around 52 percent of American graduates think that online learning is better than classroom learning.
Mobile Learning Will Reach Over $80 Billion Globally by The Year 2027
Mobile learning statistics show that it is one of the fastest-growing markets in the sector.
It has been able to manage a steady growth of more than 20 percent over the years.
2015 saw it worth just around $8 billion, which increased to over $22 billion in the next 5 years.
According to the experts, this number was significantly boosted due to COVID-19 and the growing number of mobile users across the globe.
With an increasing number already attached to their mobile platforms, this number will increase to almost triple in the next seven years.
The Corporate eLearning Market Size Will Grow by $38.09 Billion Between 2020 and 2024
(Source: Business Wire)
Corporate e-learning is all about online training that many employers have to take before starting work in any company.
This could be sales training or product training. Recruitment triaging along with different workshops and conferences can fall into this category too.
This corporate learning has provided firms and businesses with the right tools to find different from traditional classroom training techniques.
In addition, it has helped different companies to train their employees that are spread across the globe.
This is exactly why the number is going to shoot up significantly between the years 2020 and 2024.
VR and AR Are Important Trends and Can Be Critical Drivers in The eLearning Sector
Mobile learning has become very important, and with that, augmented reality (AR) and virtual reality (VR) are becoming critical.
We have already seen companies around the globe using these two technologies in their seminars and webinars.
It’s only a matter of time until these two technologies enter the e-learning sector.
Then, trainers can engage their students with the help of various immersive experiences to make learning more fun, effective, and practical.
Corporate eLearning Is 40 to 60 Percent Quicker than Its Traditional Counterpart
There is a need to maximize the training time of employees so they can perform their jobs better. This is because only 1 percent of the workweek is related to the training and development of the employees.
These e-learning sources can fill this space. Employees can learn a variety of different skills in various engaging ways.
They can choose their time and the pace at which they can understand. This is a luxury and will encourage the workforce to participate in these programs to learn and grow.
General Statistics & eLearning Market Size 2023
The Global eLearning Market Size is Estimated to be $325 Billion by 2025
The eLearning market size was estimated to be $165.36 billion in 2014.
These are the numbers given by the latest eLearning statistics.
It means this market will double in the coming years and within this decade. Therefore, online learning has a lot of demand.
This is because it is cost-effective plus highly beneficial to the overall growth of a company and an individual.
You don’t have to bound your busy schedule and commit to an institute to learn different skills.
77 Percent of US Companies Used eLearning in 2017, and 98 Percent Are Planned to Use it in 2020
(Source: The Educators)
This number was only 4 percent back in 1995, and it increased to 77 percent in the next couple of decades.
You’ll notice that companies were a bit slow to react and fully realize the importance of e-learning.
But now, they understand the worth of e-learning, and more and more firms are jumping into training their employees and making their workforce more productive.
This is precisely why the market is expected to grow, and almost all organizations will consider including e-learning in their planning and operations.
67 Percent of US Firms Provided Learning Opportunities via Smartphone in 2019
Smartphone adoption has increased throughout the globe, and there is no slowing it down.
As a result, more and more companies in the United States will start providing various e-learning opportunities to their employees.
Hence, almost 70 percent of the US first provided their employees with an online learning opportunity.
After that, some of them fiddled around with the idea while others implemented it on a more permanent basis with more learning opportunities coming up.
E-Learning Increases the Rate of Learning Retention from 25 Percent to 60 Percent
Face-to-face training doesn’t have a very good retention rate at 8 percent to 10 percent.
E-learning can improve that for students and trainees as this method gives them the control they need over their learning process.
Moreover, if they forget something, they can always come back to the content they need to relearn. They can also retake an online quiz if they fail on their first attempt.
Learning this way eases down a lot of pressure, and they can truly focus on what they are learning.
Corporate E-Learning Is Estimated to Grow More than 250 Percent by The Year 2026
Corporate e-learning is the trend to take note of in the coming years. It has grown significantly and is going to increase even further in the coming years.
The e-learning market size was around $14.23 billion in the year 2017. Furthermore, it is expected to grow at a CAGR of 15 percent. This means that it will hit $50 billion by the year 2026.
eLearning Has Assisted in Increasing the Income of Around 42 Percent of US Firms
One of the major reasons why so many organizations are so driven towards integrated e-learning is that it helps increase income and productivity.
It has helped over 42 percent of firms that have adopted this system.
This is primarily because the employees feel more engaged and eager to learn new things to be more productive and competitive in hotwire careers.
Numerous Companies Have Found Comprehensive Training Programs Useful in Increasing Their Revenue per Team Member by 218 Percent
(Source: The Educators)
This number suggests that it always pays when as a firm, you invest in your employee education. And we are not talking about just a few firms here.
These stats are true for more than 2500 companies in the US, and the American Society for Training and Development (ASTD) found it out in their study.
With this increase, companies can expect up to 24 percent higher profit margins too.
IBM Saved More than $200 Million when It Switched to eLearning
With the help of online learning, firms and organizations can reduce their instructor and trainer costs.
Therefore, they can reduce their expenses associated with the training equipment, hotel rentals, and travel of their instructors.
This is going to be extremely important if you’re employed or trainers and instructors live in different countries, cities, or continents across the globe.
IBM has saved more than $200 million by adopting this technique.
eLearning Trends in Academia 2023
43 Percent of College Students in The US Found Using Digital Technologies for Homework Very Helpful
(Source: The Educators)
Doing homework back in the day required a few visits to the college library. But that is not required anymore for a majority of students in the college.
Instead, you can access a variety of courses and ebooks available on the topic and subject. You can go through as many resources as you need.
This is why more than 40 percent of college students in the US have found doing homework using digital resources very helpful.
56 Percent of US College Students Use Laptops in Their Classroom in A Typical Week
Taking notes on your laptop is a much easier task. And this is especially the case when your teacher or trainer tends to speak very fast.
You can also make videos of your lecture and refer to the theme later when you need to.
Tablets also became necessary when talking about taking notes, and the weekly usage rating of these tablets was 51 percent.
81 Percent of College Students in The US Believe that Digital Technology Helps Them in Getting Better Grades
(Source: MH Education)
Instructors are expected to provide extended support to their students, and they do that too outside the class. But they are not available in person all the time.
That is why many students prefer to email their instructors. This flurry of emails also affects the number of total emails sent in a day.
With the help of digital learning technologies, students can conveniently get in touch with their instructors.
Therefore, over 80 percent of students prefer using digital technologies for learning.
41 Percent of US Teachers Believe that They Lacked the Training to Use Education Tech in Classrooms
This is especially the case with older teachers. These teachers found it difficult to work with different educational technologies that are available in modern times.
Therefore, they were not as effective in delivering the lecture.
Up to 49 Percent of Students Worldwide Have Stated that They Have Taken an Online Course in The Last 12 Months
(Source: The Educators)
Distance learning statistics have revealed that this number was up from 46 percent in 2013.
You can learn a new language or learn programming with these digital resources and sharpen your skills no matter what your career path is.
Throughout the Globe, More than 180 Million Learners Went for MOOCs in 2020
MOOC learners have significantly increased in recent times.
Though the pandemic has a role here, over one-third of the learners joined MOOCs in 2020. But it doesn’t mean the importance of online learning is avoidable here.
Most people had to embrace this change for good.
Most people were reluctant earlier, but after finding out that it’s a much better way to learn, they might not want to revert to the traditional learning methods.
E-Learning Courses Produce 85 Percent Fear CO2 Emissions and Consumes 90 Percent Less Energy as Compared to Face-To-Face Training
E-learning statistics show that online education can assist in addressing the concerns of global warming.
With these online triaging and lectures, 90 percent less energy is consumed. It also reduces CO2 emissions by up to 85 percent which is good for the environment.
So, universities and colleges can be at the forefront of handling global warming.
Canvas Was the Leading LMS Provider in The US in 2020
(Source: Philon Edtech)
According to elearning statistics, Canvas has the largest market share, with over 36.5 percent of educational institutions using the tool in 2020.
BlackBoard takes the second spot with 26.8 percent market share, and Moodle is on the third spot with 16.2 percent market share.
These learning management systems or virtual learning environments allow instructors to upload their lecture videos with PowerPoint presentations. They also upload different writing assignments.
Their students have full access to these materials allowing the instructors to use their time more effectively.
This is exactly why most of the higher education institutions in North America and Europe use this method.
33 Percent of Post-Secondary Schools Will Continue to Provide Remote Courses when They Reopen
(Source: Best Colleges)
More and more educational institutions understand and recognize the importance of online learning.
Therefore, they will continue to provide their students with these online and remote study courses even after they reopen.
This is a win-win situation for all, including the students, the instructors, and the institutions.
More Intriguing eLearning Statistics 2023
The US Federal Government Raised $2.05 Billion Revenue Through E-Learning Products In 2020
(Source: OneS Content)
In 2019 the US Federal Government raised about $2.24 billion. However, it means that the number has dropped from the previous year, and it is expected to drop further to $2.035 billion by the end of 2021.
But that doesn’t stop the government from injecting more money to facilitate its employees and professional development as it drives up the e-learning market.
65 Percent of US Faculty Members Support Online Learning Courses and Learning Resources
Students are not the only ones that are happy with these online courses. The faculty members also support their adoption of these online study and learning materials and courses.
It is more convenient for them to stay in touch with their students and respond to their queries effectively.
E-Learning Has Been Around for Over 20 Years Now
E-learning has been around for two decades now. The term e-learning was introduced back in 1998, and that was also the year when Google was born. So, you can imagine how fast the e-learning market has grown.
It has been around for only 20 years. It has already become a revolutionary technology with the future of online education and corporate training relying entirely on it.
Without a doubt, eLearning is the future, and it’s a thriving industry that has been around for a very long time.
So, there are many opportunities that it will explore over the years. However, the online learning statistics and figures for 2023 already establish that e-learning will be here for many decades.
Organizations and institutions are integrating it with time management, task management, and data visualization apps to make it more convenient than ever.
E-learning has also been the cornerstone of revolution in how we imagine knowledge transfer. It’s all just a tap of a finger or a mouse click away.