Insights

• According to Research and Markets, the global eLearning industry's total market will reach $325 billion by 2025. The self-paced eLearning market is expected to drop to $33.5 billion by 2021. About 77% of companies in the United States use eLearning for professional development. Companies make $30 for every $1 they spend on eLearning. Around 67% of organizations provide mobile learning.
• Mobile learning is one of the fast-growing e-learning sectors, with an annual growth of 23%. Elearning increases student retention rates by 25% to 60%. 
• Statistically, 63% of high school learners in the United States use eLearning platforms, while around 45% of elementary students do. About 85% of teachers in the United States use eLearning tools to give students learning exercises. An average of 94% of online students prefers self-paced studies.
• Some eLearning platforms include Skillshare, Coursera, Udemy, Moodle, Edx, and Teachable. People subscribe to eLearning platforms to learn for personal accomplishment or to earn professional milestones.
• The global corporate eLearning market size will reach $50 billion by 2026. Most learners choose eLearning platforms for career progression, upskilling, and reskilling, and work training.
• According to research, 80% of learners on eLearning platforms use mobile devices,57% use more than one digital device for eLearning (desktop, laptop, smartphones, tablet), while only 14% use only a computer.
• Some skills that learners gain from eLearning include time management, teamwork, research skills, communication skills, and organizational skills.

Research Summary