The Ultimate List of eLearning Statistics for 2022
eLearning is a form of education that focuses on providing a safe, effective, and low-cost way to educate everyone. Because of this, online learning is becoming more popular year after year for students of all ages.
With learning management systems now widely used, learning on the internet is more accessible than ever before.
In addition to such systems, online course platforms give everyone access to online courses. Whether you are interested in an online degree program or want to learn something new, you are sure to find the right course for you.
In this article, I have compiled a list of eLearning statistics that show how much the online education niche is growing. Let’s get right into it.
In 2022, this industry will reach a valuation of around 240 billion dollars.
Much of this industry’s market share is driven by the growing number of students worldwide pursuing online education.
Because of the many benefits, eLearning courses are becoming more popular every year.
With the global pandemic and being in lockdown having had a significant effect on the way we learn, eLearning is booming.
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In addition, between 2018 and 2023, the eLearning market size will experience an incremental growth of around $64 billion.
Since the start of the millennium, the global eLearning market has grown by 900%.
Because of the many benefits that eLearning courses provide, more and more people are looking for ways to improve their skills.
They can learn new skills without spending ridiculous amounts on tuition or leaving work by taking online courses.
With so many industries utilizing eLearning, it’s no surprise that the sector has increased by this enormous amount.
This figure is pretty high, considering that there are many different reasons people drop out in traditional courses.
However, by utilizing eLearning platforms with easy-to-follow instructions, employee engagement increases, and more workers are completing courses than ever before.
Because companies can track who has started a course, they can determine the demographics of their users and create more appealing material.
Retention rates during online courses are a huge focus for companies right now, and the increase in such rates shows how much eLearning has improved over the last few years.
With 58% of global employees reporting that they like to move at their own pace, the number of people taking online courses will continue to rise.
Learning at your own pace has been a massive factor in making online learning so popular. Rather than being forced to stay on a schedule, you can use technology and internet-based platforms to work at your speed.
When interviewed, 93% of worldwide companies said that they would be using eLearning in the future.
This huge percentage shows just how popular eLearning has become.
Companies are interested in improving their employee training programs because employees constantly want to keep on improving their skills and knowledge on any given topic.
With so many companies moving towards eLearning, this definitely will remain a hot market for years to come.
Fortune 500 companies are also using eLearning to train employees.
Because of the many benefits on offer, Fortune 500 companies have been growing their online training programs for years now.
Using advanced platforms and video-based systems can help employees improve their skills while also reducing costs.
Utilizing eLearning platforms, Fortune 500 companies can help their employees learn skills more efficiently and cost-effectively.
Udemy is by far the biggest eLearning platform on the internet.
Various factors contribute to the success of this online platform. Udemy is easy to use and relatively cheap to get started with.
With thousands of courses available, there are tons of options for people looking to improve their skills.
Udemy’s mission is dedicated to helping people learn new skills in an easily accessible and convenient way, and it seems as if this is being accomplished.
While Udemy is the biggest in terms of platforms, there are still a lot of competitors.
Teachable is the second biggest eLearning platform on the internet.
They have an easy-to-use interface that makes it simple for people to start utilizing their courses.
With more than 100,000 teachers on this platform, it’s a platform that’s growing every day.
If you’d like to know more about teachable, check out my Teachable review to learn more about this platform.
Tata Interactive Systems is helping to provide learning content in India. Because of this, they are one of the most trusted names in the industry right now.
While many platforms have developed over the years, Tata Interactive Systems has constantly upped its game and stayed on top of this market in India.
The majority of people in the US and Europe have access to a personal computer or mobile device that connects them to the internet.
Because of this, most online learning platforms are being accessed by users from these areas.
While there has been much growth in Asia and other parts of the world, the US and Europe still account for most online learners.
It is reported that women are more likely to enroll in an eLearning course than men.
This might come down to several reasons, but the main factor seems to be that women tend to be more interested in improving their skills.
This might be something to keep in mind when looking at the user experience provided by different eLearning platforms for business employees.
It’s been found that eLearning courses amount to 86% fewer greenhouse gasses when compared to traditional classes.
Without the need to transport students from one location to another, eLearning has cut down on emissions.
Reducing co2 emissions and spending less energy traveling thanks to eLearning is why many companies choose to switch over to this type of learning.
This environmental factor has been a massive part of the growing interest in eLearning over the years.
Developing eLearning courses is a big business, and this opened up several positions within this industry.
An average eLearning developer makes just shy of $80,000 per year.
This number factors in the median salary of an eLearning developer – this is good to keep in mind if you are thinking of developing an eLearning course of your own.
40% of all college students reported that they prefer online education to traditional education.
With more and more college students interested in online learning, eLearning courses are becoming a hot commodity.
While face-to-face lectures are still being used, there is a growing movement towards online classes.
Students of all ages, including high school students who were previously skeptical regarding this topic, are beginning to see the benefits of online courses.
The online learning industry is a growing industry.
With the internet being a huge part of our lives, it’s not surprising that this is one of the fastest-growing industries globally.
From self-learning to corporate learning, eLearning has become a big business.
With digital learning tools making it easier than ever to learn, this will likely only continue to grow in the future.
With more people spending time online, there’s no doubt that Online classes and eCourses courses are becoming more popular by the day.
Even though some of the best eLearning courses are available exclusively online, it can be a challenge to decide on the suitability of a course for you.
With that in mind, I wanted to give you some questions to ask before you sign up for an eLearning course.
Let’s get into this in the next section.
It can be easy to spot an inadequate instructor in traditional learning settings.
In a traditional classroom learning situation, you wouldn’t want to have a teacher who can’t speak or teach properly.
The same thing should apply when looking at an online course.
Ask yourself the following questions regarding your potential instructor:
- Is this person qualified?
- What are their qualifications?
- Do they have the necessary experience to teach you what you want to learn?
If not, pass on the eLearning platform and look for someone more qualified.
Whether you are taking a course to get better at a personal skill or considering corporate e-learning training, you must know what you are in for.
Having a set of well-defined online learning benefits derived from the course objective will ensure that you get the most out of your eLearning experience.
This is where you will match your own needs with the course objectives and the platform you are looking at.
While most online courses have everything you need, some are more advanced than others.
Online learning tools like learning management systems (LMS) are becoming more accessible to the everyday user.
These can help boost your entire eLearning experience, including your course objectives and how much you get out of a course.
Having access to these tools will make it easier for you to follow your online course and ultimately succeed.
The online learning market opens up a whole world of different eLearning courses.
Each course has a format that you should think about before signing up for a class.
Some are more focused on training, while others focus on education.
If you want to learn something specific, ensure that the eLearning course format matches your needs and expectations.
While money may not buy happiness, it can help pay for your online learning experience.
If you are looking for a good course, it’s essential to factor in the cost of the eLearning platform and what cost is involved when going through your online learning experience.
Educational institutions will price courses differently, so do your research before making a final decision.
Your eLearning experience is an investment into yourself, but that doesn’t mean that it has to be painful on your wallet.
Undergraduate and graduate students alike are turning to eLearning more and more as a method of education.
Higher education is now offering more online classes than ever before.
However, with the increased popularity of online courses, it can be hard to know which companies you can trust.
The more critical your course objective, the more you need to know that you can trust your online learning platform to deliver on the promises made.
If you decide to go with a company that isn’t as established as some bigger ones, it pays to be cautious.
Do as much research as possible before signing up for an e-learning course from a company with no track record of success or reviews.
With distance learning growing in popularity each year, it’s essential to trust the company you choose with your eLearning experience.
Mobile learning is becoming more of a priority for companies of all sizes.
Having an eLearning platform compatible with your mobile device and running on a mobile app can make it easy to study on the go whenever you have a spare moment.
This will also allow educational tools like videos, quizzes, and peer-to-peer communication to happen – items that might be better suited to occur on a mobile device.
There are many languages globally, but not all are spoken equally.
When looking for an e-learning platform, it may be essential to consider what language your course will need to be taught in.
If you want to learn a specific topic or skill set and your native language isn’t spoken by the people who run the course, you’ll need to find an e-learning platform that will accommodate you.
Not everyone has all of the time in the world to dedicate to taking an online course.
If you are looking for something flexible, it’s essential to look for online courses that you can do on your own time.
With various learning methods offered by companies, going through a course faster or slower may be possible depending on your needs.
Don’t be afraid to ask about the course length before signing up for anything.
I’ve already touched on Udemy and Teachable before. However, I also wanted to mention the Massive Open Online Course platform (a.k.a. MOOC).
This platform gives learning opportunities to various people all around the world.
This means that MOOC provides a cost-effective way to learn something new amongst a community of people who share similar interests.
With the popularity of this platform in North America (and various other regions) seeing an increasing growth rate regarding eLearning trends, it seems as if it will continue to grow in the upcoming years.
The MOOC market is also becoming popular amongst various age groups, including millennials, which is another good reason to take a course through them.
In addition to MOOC, there are various other providers to consider, such as Coursera, edX, and Udacity.
Before concluding, one concept to consider in this discussion is microlearning.
One of the most significant differences between eLearning and microlearning is that eLearning courses are designed to have a specific start and endpoint. In contrast, microlearning is intended for consistent learning throughout a period of time.
The goal with microlearning is to continue developing your skills even while working so that you don’t take breaks from being productive.
With mobile learning becoming a priority for companies of all sizes, it should be easy to find a platform that allows you to microlearning on the go.
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With corporate training becoming more prominent, this type of learning is expected to become a mainstream option for companies looking to train their employees.
With eLearning being a multi-billion dollar industry, it is essential to understand what learning trends will impact the future of education and how you can get in on the action.
Before signing up for any online course, remember to research what you are getting into and whether the new skill you will obtain is the right one for you.
Online courses are here to stay, and with mobile learning becoming more and more common, eLearning is an industry that is just getting started.
I hope that the above online learning statistics have helped show you the direction in which eLearning is headed.
Were you surprised by any of the above stats? Have you ever used an eLearning platform? Let me know in the comments section below.
In addition, you can read up on how to create an online course if this is something you’d like to get into.