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simuaktar640
Jan 22, 2022
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All data points and statistics presented in this article have been gathered by the ColorWhistle Research Team (circa September 2020) from various sources on the internet (mentioned in the respective sections).You are free to share, cite and distribute the information here for your own purposes without limitation. Online learning is the biggest transformation that has happened recently in the education sector. The sudden emergence of online education, virtual classrooms, and e-learning sessions has paved the way for many aspiring entrepreneurs trying their luck in this “ever-evolving” industry. While the value of the e-learning market was $190 billion in 2018, it is expected to reach $325 billion in 2025. This clearly shows that there is no stagnation or downtime. in this industry and that investing in online learning will never be better than now! Market value Looking to start your own online training business? It is always advisable to find out about the market situation before planning a business. Here we have pulled statistics from various websites and sources and put them together for a better understanding of how the industry is performing in a highly competitive manner. Here are the few sections we will cover in this blog Best E-Learning Sites by Traffic Interesting Elearning Statistics in the United States Facts and statistics about the global e-learning industry Cloud growth over 5 years, 2018-2022The 50 Largest Public SaaS Companies in 2020SaaS Highlights for 2020Best E-Learning Websites by Traffic E-learning Sites Traffic (in millions)/month Udemy 74.5Khan Academy 51.8Coursera 37.2edx 22.4Boldness 16.2Lynda 15.2learn the future 4.5Master class 2.5Corporate Finance Institute 1.6Open2study 0.7Here is a chart that helps with a more visual understanding (Data Source) Best Online Learning Sites Interesting statistics about online learning in the United States The global e-learning market is expected to reach $325 billion in 2025 .In 2017, about 77% of U.S. companies used e -learning , 购买批量短信服务 but 98% planned to incorporate it into their curriculum by 2020.The US e-learning market could grow by $12.81 billion between 2020 and 2024 .Online learning increases retention rates by 25-60%.The corporate e-learning market could increase by $38.09 billion between 2020 and 2024.A survey of 2,500 companies found that those with “comprehensive training programs” have 218% higher revenue per employee and 24% higher profit margins. Use of e-learning in the United States While the global e-learning market is expected to reach $325 billion in 2025 , the US market alone could grow by $12.81 billion between 2020 and 2024. According to techjury, in 2017, approximately 77% of American companies have used e-learning, but 98% plan to integrate it into their curriculum by 2020.USA-Elearning-StatsWith that said, here is some additional interesting information to substantiate that the e-learning industry is booming and will continue to do so for good reason. Online learning has led to a 42% increase in revenue for US organizations. IBM saved about $200 million after switching to e-learning. Here is another graph from Finance Online that indicates that with many initiatives for digital learning, the growth of LMSs and the heavy use of AI and machine learning (ML) in online learning environments business and academic are paving the way for the growth of this online learning industry. Global-LMSF acts and statistics about the global e-learning industry Here are some facts about the global e-learning industry from guide2reasearch.com Online learning has emerged as a safe and viable option for educational continuity as the COVID-19 pandemic has disrupted the personal and professional worlds. Even before the pandemic, the global e-learning market was already experiencing massive annual global growth. It is expected to reach $336.98 billion by 2026, at a compound annual growth rate (CAGR) of 9.1% from 2018 to 2026 (Syngene Research, 2019). Growth estimates should be updated as soon as possible due to the pandemic. Even before the pandemic, the US e-learning market will have reached US$6.22 billion between 2017 and 2022, according to Technavio (2018).About 59% of the e-learning market share in the United States comes from content-related e-learning products (Technavio, 2018).The growth of online education in the United States can be attributed to increasing student attendance. It is estimated that more than 30% of American students are enrolled in at least one online course About 99% of those students who take online degree programs in the United States are physically located in the country A survey showed that 52% of graduate students in the United States found their college-level online education gave them a better learning experience than their college-level classroom education. The German e-learning market is growing at a rate of 8.5% per year, while the country's economy continues to grow at around 1.9%.E-learning and SaaS market The aggressive growth of the e-learning industry is also due to the massive emergence of cloud computing solutions which have helped raise awareness of the importance of digital transformation to enhance the growth and adoption of the learning. We can clearly see that e-learning solutions are gradually and progressively taking over the traditional education system. A SaaS LMS is cloud-based and is easy to use, cost-effective, and easy to manage. Here's a chart that shows cloud growth over 5 years, from 2018 to 2022. According to bmc, the growth rate of SaaS - how fast it's growing - is starting to slow, however. Looking at compound annual growth rate (CAGR) projections over a five-year period, SaaS is expected to grow 12%. Other cloud services, including infrastructure as a service (IaaS) and platform as a service (PaaS), will experience faster growth as these initially immature technologies have reached the productivity plateau.
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