Online/E-Learning Market Size 2023: Surprising Statistics

By the year 2026, the worldwide e-learning industry will be worth $375 billion. Find more online learning market size statistics below.

steven zauderer
Steven Zauderer
December 28, 2022
4.5
min read

Global Online Market Size

Statistic Value
Global market size (2021) $11.3 billion
Projected growth (2020-2026) 32.1%
Number of students enrolled (2019) 37.6 million
Number of K-12 students using e-learning (2019) 6.7 million
Number of higher education students using e-learning (2019) 30.9 million

Below we've compiled the most important e-learning statistics related to its market size.

  1. By the year 2026, the worldwide e-learning industry will be worth $375 billion.
  2. By 2024, experts forecast that the US e-learning industry will grow by $21.64 billion.
  3. America is currently the home to 34% of applications made for e-learning.
  4. The e-learning industry had a value of $3.97 billion in 2019.
  5. The United States has 43% of the market share for online learning, which has a value of $20 billion.
  6. The market size of virtual classrooms was $11.3 billion in 2021.
  7. From 2020 to 2026, the e-learning industry as a whole is expected to increase with a compound annual growth rate of 32.1%.
  8. $200 billion was the entire online learning industry's value in 2019.
  9. The online learning section contributed to the e-learning industry's growth the most, totaling $101 billion.
  10. $19.5 billion is the market value of the mobile e-learning arm of the online learning industry.
  11. $18 billion is the value of the learning management system.
  12. In 2016 online learning for self-paced customers lowered in value from its previous $46.9 billion to $46.6 billion.
  13. The global compound annual growth rate for learning that's self-paced is listed as -6.4% with an ongoing decrease.
  14. The worldwide e-learning industry is anticipated to have a compound annual growth rate of 8% from 2020 to 2025.
  15. 35% of the entire e-learning market share is in Europe.
  16. The worldwide online learning industry has an anticipated compound annual growth rate of 11% between 2020 and 2025.
  17. Regardless of the forecasts, self-paced online learning increased by 2.17% in 2020.
  18. It's been approximated that the e-learning industry's market growth will rapidly increase its compound annual growth to 3% between 2020 and 2024.
  19. $6.71 is the expected value of the e-learning market in 2024.
  20. Synchronous learning is anticipated to increase in popularity by 31% in 2023.
  21. The fastest-growing region for the online learning market is Asia-Pacific, with an anticipated value of $80 billion and a compound annual growth of 18.1% by 2030.
  22. The worldwide online learning industry will have a value of $215 billion in 2021. It's expected to climb to a value of $645 billion by 2030 with a compound annual growth of 13%.
  23. Based on delivery, the worldwide e-learning industry is partitioned into just a handful of companies, with a total estimated value of $325 billion by the year 2030 and a compound growth rate of 11.2%.
  24. The worldwide e-learning industry is also partitioned into just two organizations by learning mode, though the self-paced segment is anticipated to reach a value of $435 billion by 2030 and a compound growth rate of 14.6%.

Online Learning Industry Revenue

Year Revenue
2015 $9.25 billion
2016 $17.06 billion
2017 $21.96 billion
2018 $30.49 billion
2019 $35.97 billion

U.S. Online Market Size

U.S. Online Market Size
  1. The United States contains 34% of the worldwide e-learning market.
  2. 38% of the growth in the self-paced online learning market is in the continent of North America.
  3. Experts forecast that the American e-learning industry will scale in value by $21.64 billion by the year 2024.
  4. The market growth for e-learning will see a compound annual growth rate of $12 by 2024.
  5. America will contain the highest growth rate of e-learning, 100% more in comparison to other countries around the world.
  6. Back in 2014, mobile e-learning products and services rose to $1.6 billion in value.
  7. In 2019, growth in mobile e-learning was expected to grow in value by $2.1 billion.
  8. Back in 2016, the American e-learning industry had a value of $27 billion.
  9. In 2016, the United States comprised 50% of the online market listed as fast-paced.
  10. The year-over-year growth rate in the fast-paced learning market in 2020 was 9.8%.
  11. The learning management system's market size in the United States for 2019 had a value of $3.97 billion.
  12. The North American continent leads the world region market for e-learning and is expected to grow in value to $76 billion by 2030, with a compound annual growth of 11.3%.
  13. The worldwide online learning market was valued at $215 billion in 2021.
  14. The e-learning market is expected to rise in value to $645 billion by 2030, with a compound annual growth of 13% from 2022 to 2030.

Academic Online Learning Market Size

us funding for e-learning
  1. The United States funds 58% of deals related to e-learning since 2013.
  2. Of 6.3 million college students in 2016, more than 33% of them, had one or more classes online.
  3. America has 43% of the entire e-learning market share in 2016.
  4. The worldwide educational market for children enrolled in primary school had a value of $6.73 billion in 2018.
  5. Primary school grades from kindergarten to high school seniors comprise 42% of the American educational technology market.
  6. Secondary education, which includes undergraduates, graduates, and others attending some form of higher education, makes up 54% of the American educational technology market.
  7. 3 million students choose online college over going to traditional courses in 2019.
  8. 5 million students chose to enroll in full or partial e-learning courses from a list of 3,438 colleges and universities.
  9. The educational technology industry is anticipated to grow in value to $44.9 billion by 2025.
  10. The worldwide online language learning industry's size value is $8.1 billion, with an anticipated increase to $26 billion in 2025.
  11. The compound annual growth rate of the online language learning market is 18.1 from 2021 to 2025.
  12. Within the online learning market, North America comprises 16% of it.
  13. The academic industry had a value of $103 billion in 2019, with a compound growth rate of 11.23% from 2019 to 2025.
  14. Virtual classrooms have a market size of $11.3 billion, with an anticipated 2026 increase to $33.5 billion.
virtual classrooms market size

Online Learning Market Trends

hardware for e-learning market size
  1. The hardware for e-learning has the biggest market share and a $19.92 billion annual revenue.
  2. Software is anticipated to dominate the market regardless, with a compound growth rate of 31.2%.
  3. The segment for content providers was 60%, with a 27.4 CAGR.
  4. The service sector within the online learning market is anticipated to increase its CAGR in 2023 to 30.7%.
  5. The market size of blended learning was $128 billion in 2019.
  6. Blended learning is expected to increase its compound growth by 2025 to 11.14%.

References

  1. https://www.prnewswire.com/news-releases/e-learning-market-size-surpassed-315-billion-in-2021-and-projected-to-hit-20-cagr-from-2022-to-2028-301610252.html
  2. https://www.globenewswire.com/en/news-release/2022/06/16/2464313/0/en/E-Learning-Market-to-reach-USD-645-Billion-in-market-size-by-2030-growing-at-a-CAGR-of-13-Straits-Research.html
  3. https://www.statista.com/statistics/1130331/e-learning-market-size-segment-worldwide/
  4. https://www.gminsights.com/industry-analysis/elearning-market-size
steven zauderer

CEO of CrossRiverTherapy - a national ABA therapy company based in the USA.

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