In recent years, eLearning has exploded. More people than ever before are able to pursue an education at their own pace thanks to the internet. With traditional in-class instruction moving towards digital technology, the eLearning industry has stepped up to meet this demand.
It is estimated that the market for eLearning will grow to $320 billion by 2025. We compiled a list of the most important eLearning and digital education statistics for 2022 to help you better understand this growing sector.
This guide contains a wealth of statistics about the eLearning landscape and what the future holds for eLearning.
What is eLearning and how does it work? Online learning platforms or webinars are electronic resources that help formalize teaching. eLearning makes use of computers and the internet to allow students to learn outside of the classroom.
E-learning can also be described as a network transfer of skills and knowledge to many recipients at the same time. Not too long ago, eLearning was not accepted wholeheartedly because eLearning was assumed to lack the human element, but now more and more people embrace this technology.
We must first understand the scope of eLearning before going into its specifics. In this section, we'll look at some of the key stats and trends associated with online learning and the effect it's having around the world.
- It has been the more popular form of education since 2011 with around 80% of employers using online learning.
- In the Fortune 500, online learning is used by about 40%.
- According to reports, online learning reduces energy consumption by 90%
- Over 31% of the global market's spending is attributed to mobile learning in the U.S.
- Over $2.6 billion was spent on eLearning products for government employees by the US government.
- Most online activity is video based, with education or training clips making up the majority.
- On the Skillshare platform, the highest-paid teachers earn about $40,000.
By 2022, the global eLearning market is expected to grow over $240 billion, according to Statista. Due to the rapid growth of eLearning in recent years, these statistics are not surprising. Moreover, according to research trends, the digital education and eLearning industries have a total value of $46 billion and are expected to rise to $243 billion by 2022.
https://www.statista.com/topics/3115/e-learning-and-digital-education/
https://skillscouter.com/online-learning-statistics/eLearning industry growth has exceeded 900% since 2000, according to Skill Scouter. Internet growth has played a large role in the exponential growth of this industry and is expected to continue as technology advances.
https://skillscouter.com/online-learning-statistics/
eLearning's global market is dominated by the US and Europe, according to Skill Scouter. Approximately 70 percent of the world's eLearning market is accounted for by the US and Europe together; a trend that indicates that most eLearning activity is centered in the US and Europe.
https://skillscouter.com/online-learning-statistics/
https://skillscouter.com/online-learning-statistics/ELearning courses emit 86% fewer greenhouse gases, according to statistics and trends from Skill Scouter. Since eLearning can be done remotely and there is no need for students to travel, this statistic illustrates the positive impact that eLearning has on the environment. eLearning courses reduce carbon emissions from transportation by up to 86 percent as compared to in-person training.
https://papersowl.com/blog/future-of-online-learning
Papers Owl estimates that online courses can be completed nearly 60% faster than in-person classes. In-person classes are long and tiring, as students all over the world can agree. As students can take eLearning courses at their own pace, they can complete them much faster than traditional semester-long courses.
By 2021, Finances Online estimates that the mobile eLearning market will surpass $38 Billion. More institutions are offering mobile learning, so it seems more people are taking advantage of it. Consequently, it is expected that mobile learning will surpass such a high figure.
https://elearningindustry.com/top-elearning-statistics-2019According to the eLearning industry, self-paced eLearning will shrink to $33 billion by 2021. Self-paced eLearning has seen its growth stall and is expected to fall even though the eLearning market is growing. By 2021 it is predicted to stand at $33.5 billion.
77% of companies used eLearning in 2017, according to the eLearning industry. A study found that over 77 percent of companies use eLearning to cut training time and consolidate training, and they rely on eLearning to train employees.
https://skillscouter.com/online-learning-statistics/eLearning usage is correlated with success in Fortune 500 companies, according to Skill Scouter's statistics. Almost 2 in 5 Fortune 500 companies use eLearning in their business models because of its effectiveness.
Finances OnlineStatistics from Finances Online indicate that 93% of companies plan to use online learning. As you can see from the statistics, many of the businesses surveyed plan on adding online education in the near future if they do not already have it.
https://techjury.net/blog/elearning-statistics/eLearning generates more income for 42% of companies, according to Tech Jury research. Additionally, eLearning is beneficial to company revenue because it is convenient, cost-effective, and time-saving. The number of companies using eLearning exceeds 4 in 10 compared to companies without eLearning.
American Heart Association research revealed that eLearning increased employee productivity by 25%. A company's revenue can be increased through eLearning, so it makes sense that it would also increase employee productivity.
https://papersowl.com/blog/future-of-online-learningPapers Owl reports that eLearning can boost employee engagement by 18%. Employees who participate in eLearning are on average more engaged than those who do not. It is therefore clear that eLearning is excellent for employee morale.
https://nces.ed.gov/fastfacts/display.asp?id=80National Centre for Education Statistics research shows that 58 percent of employees prefer to learn at their own pace and from home. E-Learning allows workers to complete coursework materials at their own pace, which is a major benefit.
https://www.statista.com/topics/3115/e-learning-and-digital-education/Approximately 40% of college students say that eLearning is helpful, according to a recent study published by Statista. eLearning seems to be a favorite among students, with four out of ten reporting that it is extremely helpful for doing work.
https://www.statista.com/topics/3115/e-learning-and-digital-education/36% of college students find eLearning valuable in managing their courses, according to Statista. Students who use eLearning say it helps keep track of their class schedules, and three in 10 say it helps them stay organized.
https://skillscouter.com/online-learning-statistics/Skill Scouter reports that more than half of students participated in eLearning in 2020. Most US students already use eLearning in some form or another; it has made its way into school curricula.
https://skillscouter.com/online-learning-statistics/Among the most popular learning management systems in North America, Skill Scouter cites BlackBoard. Additionally, the combined market share of US and Canadian LMS companies belongs to Blackboard. BlackBoard is used by over 30% of all educational institutions.
https://nces.ed.gov/fastfacts/display.asp?id=80Female students have a higher chance of enrolling in distance learning, according to the National Center for Educational Statistics. Distance learning is more common among women, with 17 percent enrolling in distance learning versus 13 percent among men.
https://edtechmagazine.com/higher/article/2012/07/50-striking-statistics-about-distance-learning-higher-educationOnline courses have a completion rate of 72%, according to a study from EdTech Magazine. The completion rate of remote classes is also lower than in-person classes. The completion rate for online courses is 72%, while the completion rate for in-person courses is 75%.
UTEP Connect reports that online courses can increase retention by as much as five times. Furthermore, online courses have a higher retention rate than face-to-face classes. With online classes, students can accomplish 5 times as much work in an hour as they can with in-person classes.
In 2018, Forbes reported that the online course industry brought in $46 billion in revenue. The revenue numbers for online courses have been increasing significantly these past few years, and this figure is only going to increase.
According to Skill Scouter, Udemy is the top eLearning platform. Over 20,000 content creators and 12 million students make up Udemy, the most popular eLearning platform for those who want to create educational content.
https://skillscouter.com/online-learning-statistics/
https://skillscouter.com/online-learning-statistics/eLearning platform Teachable is second most popular after Udemy, according to Skill Scouter. Teachable currently has over 3 million students and 20,000 individual courses.
India's most popular course platform is Tata Interactive Systems, according to Glassdoor. Tata Interactive Systems and Classteacher Learning Systems are two of India's most popular online courses platforms.
https://www.glassdoor.co.in/Salaries/elearning-developer-salary-SRCH_KO0?countryRedirect=trueAccording to Glassdoor, professional eLearning developers earn an average salary of $79,526. Learning management systems are well-paying careers. Compared to the national average, a LMS developer earns almost $20k more than that.
The following are a few of the most significant statistics related to eLearning and digital education for 2022. We expect the growth of online learning to continue unabated for some time to come.
In the eLearning industry, trends are constantly changing, but hopefully the insights in this article will help you stay on top of things.
How else do you hope to see eLearning trends in the industry this year?
https://www.utep.edu/extendeduniversity/utepconnect/blog/january-2018/the-who-what-when-and-why-behind-online-education.html https://cpr.heart.org/-/media/cpr-files/course-formats/online-learning-stats-flyer-ucm-491651.pdf?la=en&hash=3017E5A593733F3BE019B0F6A42BFFF490635244.
