Online learning is one of the hottest trends in the modern age. It has grown tremendously and shows no signs of slowing down. This type of distance learning, commonly referred to as e-learning, does not take place in a traditional classroom where a physical instructor moderate and regulates content.
This window of opportunity has been significantly exploited by all forms of education (school-aged, higher learning, and institutional).
Flexibility, independence, better time management, and increased self-motivation are all advantages of online learning. The disadvantages, on the other hand, include more work for students, as well as a high level of self-direction and less social interactions.
Facts and Figures on Online Learning Around the World
Online learning that is self-paced is facing competition. Other platforms, such as gamification and micro-learning, are gradually taking over, while not losing their niche.
Here is a glance into the general e-learning statistics.
- Since its inception, the global industry has grown by 900 percent.
- Since its inception, the online learning market has grown to the point that it is expected to reach $325 billion by 2025, a period of more than two decades.
- Thailand, India, China, and the Philippines are among the global markets that are growing at a rate of 30% per year.
- This market will grow by 200 percent between 2020 and 2025.
- The online learning industry generates a 20% annual growth in sales in the Asian market, which is the largest customer.
- By 2020, the market for mobile e-learning will have expanded by $38 billion. There is a $6 billion increase anticipated between 2017 and 2022.
- The self-paced online market will likely decline to $33.5 billion in 2021 as a result of the investment in scheduled learning. Despite the fact that the US government spent $2.59 billion on self-paced goods in 2019, this is the case.
- Improvements in Edutainment or gamification, as well as augmented and virtual reality, are paving the way for virtual classes. In 2020, it was expected to generate $300 million in sales.
- An e-learning platform has been used by 80% of businesses and 50% of institutional students.
- Employees and students save 40 percent to 60 percent of their time with e-learning compared to traditional learning.
- E-learning is being adopted by the majority of businesses. Around 42% of the institutions saw an increase in revenuestrong> as certain expenses, such as travel, were substantially reduced.
Here are some additional insights into the field of online learning facts, based on a general view of how the online market has evolved.
Online Learning Trends and Statistics
The upward trend in online learning is quickly gaining traction. The majority of countries and organizations have established online education sectors that can be replicated elsewhere.
Online learning is at an exponential rate with the right technology and implementation.
Here is a general overview of this trend and its statistics.
- Udemy, one of the most popular online learning sites, boasts over 20,000 experts and over 12 million students enrolled in courses.
- Another website, Teachable, has over 7500 experts and more than 20,000 online courses. They have a student population of about 3 million.
- Ruzuku, Academy of Mind, and Skillshare are some of the other sites, with tutors receiving up to $40,000 a year.
- In the United States and Canada, 30% of institutions were using the Blackboard platform by 2017.
- These channels were used by 75% of US educational institutions, or three-quarters.
- The US and European markets account for 70% of the global e-learning services market’s consumers.
- 63 percent of students in the United States use online learning resources on a regular basis.
- LinkedIn Learning was founded two years after LinkedIn purchased Lynda.com for $1.5 billion, following a $103 million funding round in 2013. Its market value has increased significantly.
- Videos have been an essential aspect of online education. In 2017, Sony sold $500 million worth of PlayStation Virtual Reality headsets.
- 67 percent of college students in the United States have completed some, if not all, of their course work.
- If given the chance, 12 percent of those who did not finish their studies using this approach would do so if given the opportunity.
- From 3.8 percent in 2008 to 10.6 percent in 2016, students pursuing a fully online degree increased.
- Employees have an average of 24 minutes a week to spend on learning, which makes it difficult for them to advance in their careers.
Who Takes Online Classes?
Most schools sent their students home after the World Health Organization (WHO) declared covid-19 a pandemic. Online learning became the standard not long after that. This closure impacted approximately 70% of the global student population.
Countries that were the first to be struck by the virus, such as China, Italy, and South Korea, saw an increase in online homeschooling using online learning resources and platforms. The US, China, India, the United Kingdom, and South Korea have made the most investments in e-learning.
Higher education institutions, especially post-graduate programs, have the largest number of students taking online classes.
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The Pandemic of Covid-19 and the Increase in Online Learning Statistics
The unexpected pandemic forced the closing of all schools around the world. This had a huge impact on the education industry. China (where Covid-19 originated) was one of the first countries to introduce lockdowns and prohibit public meetings, which resulted in the closing of schools.
With the world’s largest K-12 student population, China’s best way to ensure learning continuity was via online platforms. Here’s how the pandemic influenced the rise of online educational data:
- In 186 nations, over 1.2 billion children were forced out of school.
- 250 million full-time students in China resumed their studies online in February 2020.
- 81 percent of K-students used the Tencent-K student online class to attend classes due to the pandemic.
- In addition, the number of new students on the ‘Think and Learning’ App increased by 200 percent.
- To cope with the unexpected influx, Alibaba Cloud quickly grew with over 100,000 new servers.
- Most universities have no choice but to go online, and DingTalk ZJU now offers over 5000 online courses.
- Since online learning necessitates the use of a laptop, 95 percent of students in Norway and Switzerland were fortunate enough to have one, whereas only 34% of students in Indonesia were so fortunate.
- Most 15-year-olds in the United States have access to technology. In comparison, 25% of people from low-income families have no access to any technology.
- 90% of countries have embraced the automated online learning process, with 60% of pre-primary schools following suit.
- More students were exposed to television during the time they were at home, accounting for 62 percent of the total.
How is the education sector responding to COVID-19?
More than 70% of students favored receiving regular, up-to-date covid-19 updates during the pandemic. During the pandemic, the divide between students and staff widened even further. This is due to the fact that most schools closed physically, preventing students from having face-to-face encounters with their teachers.
When the pandemic struck, schools that had previously invested in online learning platforms were able to quickly adapt.
According to College Crisis Initiative:
- The covid-19 pandemic impacted over 1200 colleges and schools in over 50 states.
- 44 percent of universities have completely embraced online learning platforms and resources. For them, online learning has become their sole mode of instruction.
- A hybrid learning model was adopted by 21% of schools.
- Face-to-face instruction was completely implemented in 27% of institutions.
It was also discovered that up to 20% of students had difficulty using online learning platforms.
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The Role of E-Learning in the Corporate World
- Most businesses educate their staff on their best practices and corporate culture in order to gain a significant competitive advantage.
- Many businesses have discovered that integrating e-learning into their employees’ communication and training has additional advantages. They are as follows:
- Using e-learning, businesses may reduce their operating costs. Training magazines, for example, will save up to 80% on printing costs.
- When opposed to conventional learning, e-learning cuts employee learning time by 60%.
- Participating in e-learning, especially for businesses, uses 90% less energy than physical training.
General Online learning trends
Globally, online learning is expanding, and it shows no signs of slowing down. Here are some statistics to get you started.
- As opposed to conventional enrollment, most of the top ten universities saw a 10% increase in students enrolling ONLINE.
- Cell phones have been assigned to 57 percent of students for school use.
- Watching video movies and playing online games is the preferred form of learning for 45 percent of elementary school students.
- Due to a lack of access to the school’s internet, 13% of students are having difficulty completing their assignments.
- The majority of high school students are interested in learning how to program online. Females account for 42% of these, while males account for 62%.
- 41.6 percent of those who study online are over the age of 30.
- More than 3 million students are pursuing their higher education entirely through online learning.
- Enrollment in traditional secondary education is declining at a rate of 1% to 2% each year. Many students are opting for low-cost online education.
- 46.4 percent of those pursuing online degrees are pursuing a business, computer science, or health-related degree.
Components of Online Courses
Online learning is similar to physical learning in that it follows a similar pattern. Other aspects of online learning, on the other hand, are peculiar. They are as follows:
Learners may use various interactions such as tapping, dragging, and other exploratory features to explore the material in interactive videos.
PowerPoint presentations: PowerPoint presentations enable trainers to disseminate information using slides using software such as Microsoft PowerPoint. Text, maps, videos, audio, links, tables, and photos can all be included in these slides.
Obtaining information from written sources: This method entails extracting information from textbooks, journals, and other sources.
Online learning sites provide features close to chat rooms, such as forums and message boards. Learners and instructors may debate or express their opinions on a given subject.
Assessments are similar to written exams, but they are provided online. Most trainers have open-book evaluations, which enable students to consult other resources.
Leading Online Learning Platforms by Market share
The infrastructure in which online learning takes place was needed at its inception. The number of online learning sites has increased as a result. Learners, coaches, and other stakeholders may use these channels to get the resources and services they need for online learning.
These platforms also aid in the management and delivery of learning services, as well as the creation of an online learning business model. The following are the most popular online platforms:
- Udemy has over 50,000 tutors and 40 million students.
- LinkedIn Learning offers more than 16,000 courses in seven languages, as well as two subscription options. The monthly rate is $29.99, with a $239.88 annual fee.
- Coursera has a user base of 23 million people and collaborates with other educational institutions.
Skillshare is a website of approximately 4 million users and 24,000 courses. - edX: This educational network has collaborated with other educational organizations to provide over 8,000 online courses.
The challenges of online learning.
Physical learning is more demanding than one-on-one learning. However, this does not make online learning any easier.
Here are some of the issues that students face while using the platforms on a regular basis.
- Many students have struggled with adaptability since the conventional classroom meeting has always been the only place for them to learn.
- Since these platforms rely entirely on technology, which can malfunction at any time, technical issues are common in this industry.
- Since the methods used in online learning use computers, and not all students are proficient in this field, computer literacy is also a challenge.
Limitation of Online Degrees
As opposed to degrees obtained through one-on-one instruction, online degrees have many drawbacks.
- They contribute to a feeling of loneliness.
- Online degrees take more time and resources to complete.
- Some employees can reject online degrees in favor of those earned in person.
- Procrastination is a problem for online degrees.
Final Thoughts
Online learning is becoming more and more prevalent in our daily lives. When combined with other approaches, it accelerates the learning process.
Also, See How to Maximize the Efficiency of Your Work from Home
