eLearning has experienced remarkable growth in recent years, offering a promising future for global education.
For those seeking insights into eLearning through statistics, this article provides valuable information.
We have conducted thorough research and compiled a comprehensive list of eLearning statistics. This list highlights key eLearning statistics, shedding light on the state of the online education industry worldwide, benefiting students and businesses alike.
What is eLearning?
The term “eLearning” originated in 1999, standing for “electronic learning.” It encompasses learning remotely through digital delivery of materials and training. eLearning, also known as online learning, covers a broad range of educational activities, from online courses and employer training to K-12 education.
This form of learning utilizes digital resources and web-based applications, such as course management systems. These platforms enable learners to engage with instructors and peers through email or chat sessions while participating in online classes, accessing course materials, and completing related activities.
The top eLearning statistics in 2024
- The eLearning industry has experienced remarkable growth, expanding by 900% since 2000.
- Corporate eLearning is projected to further surge, with an anticipated growth of 250% by 2026.
- A significant portion, 75%, of schools in the US have plans to operate entirely online.
- Studies indicate that students retain 25% to 60% more information through online courses than through traditional learning methods.
- Corporate eLearning is noted to be 40% to 60% less time-consuming than traditional learning approaches.
- An overwhelming majority, 98%, of US corporations have intentions to integrate eLearning into their training programs.
- Among Fortune 500 companies, 40% utilize eLearning platforms for their training needs.
- The eLearning industry is expected to reach a substantial value of $325 billion by 2025.
- eLearning contributes significantly to environmental conservation efforts, reducing energy consumption by as much as 90%.
Market Share Of The Learning Management Systems
Learning Management Systems | Market Share |
---|---|
Google Classroom | 11.05% |
LinkedIn Learning | 10.49% |
Moodle | 9.58% |
TalentLMS | 4.68% |
Udemy | 3.88% |
Cornerstone OnDemand | 3.10% |
Instructure | 3.04% |
Adobe Captivate | 2.99% |
Coursera | 2.76% |
Thinkific | 2.70% |
Propio | 2.70% |
Others | 43.03% |
General eLearning statistics in 2024
- The online eLearning market is estimated to be worth $325 billion by 2025
- 75% of schools in the U.S. plan to operate completely online
- eLearning reduces energy consumption by 90%
- Over 80% of all online activity is due to video web activity, with the majority being educational or training clips
- The eLearning industry has grown by 900% since 2000
- The U.S. eLearning market is estimated to grow by $12.81 billion between 2020-2024
- Since 2020, 98% of universities have moved classes online
- 80% of schools have purchased or are purchasing additional technology for students
- The Massive Open Online Course (MOOC) market is projected to grow to $25.33 billion by 2025
- By the end of 2021, the mobile eLearning market was projected to become a $38 billion market
Statistics of eLearning Software and Tools for 2024
Learning Management Software (LMS) and authoring tools are the two primary types of software used for eLearning. Despite their continuous expansion, there are options available to accommodate various preferences and budgets, making the buyer’s decision less complicated.
- The market for Learning Management Systems (LMS) is vast, with approximately 800 providers available.
- The market for authoring software is expected to grow significantly, reaching $2.5 billion by 2028.
- The worldwide collaborative authoring tools market is forecasted to experience robust growth, with a Compound Annual Growth Rate (CAGR) of 13.1% from $1,774.5 million in 2022 to $5,956.7 million in 2032.
- Among the most frequently utilized technologies in the eLearning industry are mobile applications (36%), quick eLearning tools (40%), and LMSs (89%).
- A significant majority of US businesses (89%) rely on enterprise Learning Management Systems (LMS) for their online training needs.
- About 30% of companies either partially or entirely outsource the development or hosting of their Learning Management Systems (LMS).
- LMSs are highly anticipated purchases for 2023, with 39% of businesses expressing interest, followed closely by authoring tools at 36%.
- The collaborative authoring tools market is expected to continue its growth trajectory, driven by the increasing demand for such tools, reaching $5,956.7 million by 2032 with a 13.1% CAGR.
Corporate eLearning Statistics and Facts for 2024
- IBM experienced significant cost savings of around $200 million after transitioning to eLearning, demonstrating the potential financial benefits of this approach.
- Companies with training programs tend to have 218% higher revenue per employee, indicating the positive impact of training and development initiatives on overall business performance.
- Dow Chemicals realized substantial savings of $34 million by adopting eLearning tools, further illustrating the cost-saving potential of eLearning solutions.
- Implementing eLearning can lead to an 18% increase in employee engagement, making it an attractive option for organizations seeking to enhance employee satisfaction and productivity.
- Learning is deeply ingrained in the culture of many businesses. 45% of organizations incorporate learning at a high level, indicating a strong commitment to employee development.
- Half of organizations believe that their training strategies adequately prepare them for future challenges, highlighting the strategic importance of learning and development initiatives.
- A vast majority (94%) of employees are more likely to remain with a company that invests in their learning and development, underscoring the importance of such investments for employee retention.
- Offering training and development opportunities can be an effective way to attract the next generation of employees. 59% of millennials express a willingness to apply for jobs at organizations that prioritize training investments.
- Post-pandemic, nearly half (47%) of businesses plan to integrate both online and in-person instruction, reflecting a hybrid approach to training delivery.
- The vast majority (93%) of companies offer compliance training partially or entirely online, leveraging eLearning platforms to meet regulatory requirements effectively.
- A majority (58%) of employees worldwide prefer to learn at their own pace, highlighting the importance of self-directed learning options in training programs.
eLearning Statistics for Business 2024
- A staggering 93% of businesses worldwide are planning to adopt online learning, highlighting the widespread recognition of its benefits and effectiveness.
- On average, 42% of businesses using eLearning report higher income, underscoring the positive impact of online learning on organizational performance and profitability.
- Corporate eLearning is expected to experience significant growth, with projections indicating a more than 250% increase between 2017 and 2026, reflecting the growing demand for digital learning solutions in the corporate sector.
- IBM’s transition to online learning resulted in savings of over $200 million, demonstrating the substantial cost-saving potential of eLearning initiatives for organizations.
- Implementing eLearning can lead to a notable increase in employee engagement, with potential gains of up to 18%, highlighting the positive impact of digital learning on workforce motivation and satisfaction.
- A significant majority (72%) of organizations perceive eLearning as providing them with a competitive advantage, indicating its strategic importance in driving organizational success and staying ahead in the market.
- The market for corporate online learning is projected to reach a value of $50 billion by 2026, reflecting the growing investment in digital learning solutions by businesses worldwide.
Learning Management System(LMS) Statistics
- Approximately 73.8 million individuals worldwide are estimated to utilize Learning Management Systems (LMS), highlighting the widespread adoption of digital learning platforms for education and training purposes.
- The global LMS market is projected to witness substantial growth, with an anticipated value of $47.47 billion by the year 2030, underscoring the significant market potential and demand for LMS solutions across various sectors.
- Google Classroom emerges as a dominant player in the LMS market, capturing an impressive 11.05% share of the market, showcasing its popularity and widespread usage among educators and learners globally.