Online Course Providers Statistics


Steve Goldstein
Steve Goldstein
Business Formation Expert
Steve Goldstein runs LLCBuddy, helping entrepreneurs set up their LLCs easily. He offers clear guides, articles, and FAQs to simplify the process. His team keeps everything accurate and current, focusing on state rules, registered agents, and compliance. Steve’s passion for helping businesses grow makes LLCBuddy a go-to resource for starting and managing an LLC.

All Posts by Steve Goldstein →
Business Formation Expert  |   Fact Checked by Editorial Staff
Last updated: 
LLCBuddy™ offers informative content for educational purposes only, not as a substitute for professional legal or tax advice. We may earn commissions if you use the services we recommend on this site.
At LLCBuddy, we don't just offer information; we provide a curated experience backed by extensive research and expertise. Led by Steve Goldstein, a seasoned expert in the LLC formation sector, our platform is built on years of hands-on experience and a deep understanding of the nuances involved in establishing and running an LLC. We've navigated the intricacies of the industry, sifted through the complexities, and packaged our knowledge into a comprehensive, user-friendly guide. Our commitment is to empower you with reliable, up-to-date, and actionable insights, ensuring you make informed decisions. With LLCBuddy, you're not just getting a tutorial; you're gaining a trustworthy partner for your entrepreneurial journey.

Online Course Providers Statistics 2023: Facts about Online Course Providers outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Online Course Providers, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will Online Course Providers Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

Please read the page carefully and don’t miss any words.

Top Online Course Providers Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 60 Online Course Providers Statistics on this page 🙂

Online Course Providers “Latest” Statistics

  • According to Minnesota Department of Education (MDE), blended learning is when students study mainly in a physical space while also spending up to 50% of their weekly time online.[1]
  • Online providers must have submitted an authorized application before they may offer courses where students spend more than 50% of their regular class time studying remotely.[1]
  • Massive Online Open Courses have not had the broad influence that many technologists projected a decade ago, according to 37% of faculty members who supported them.[2]
  • Because of the training chances, 65% of millennials in the US picked their current position.[2]
  • 73% of students, according to Statista, don’t know what a MOOC is, while another 17% are aware of them but haven’t participated in one.[2]
  • According to data from a Gallup survey conducted in 2015, just 32% of US workers were engaged, while more than 51% were not.[2]
  • According to Deloitte, a professional services and research firm, the typical employee must devote around 1% of their weekly time to training.[2]
  • More than 49% of students said that they had taken part in some form of eLearning activity in the last 12 months, up from 46% in 2013.[2]
  • According to data from Brandon Hall, eLearning may increase information retention by a remarkable 25-60%.[2]
  • According to Statista data, more than 65% of faculty members favor the usage of OER, including online courses.[2]
  • According to statistics from a research by the Open University, eLearning reduces CO2 emissions by more than 85% and energy usage by 90%.[2]
  • A company’s shareholder return increases by 6% for every extra $680 spent.[2]
  • 72% of firms feel that eLearning gives them a competitive edge shouldn’t be shocking given everything we’ve explored thus far.[2]
  • In 2017, the Brandon Hall Group’s HCM Outlook Survey found that eLearning could reduce employee training time by as much as 40-60%.[2]
  • Even though 9% of the students polled took a MOOC in the survey year, just 5% of them finished one.[2]
  • In the most recent year for which data is available, 77% of US organizations used online learning.[2]
  • The self-paced eLearning market, unlike the wider eLearning industry, is going through a period of secular decline and is expected to see its total revenues fall by 6.1% per year until 2021.[2]
  • More than 67% of firms claim to provide some kind of mobile learning, and 99% of mobile users think that it improves their experience.[2]
  • According to Snyder, Brey, & Dillow (2018), the percentage of students taking one or more online undergraduate classes increased from 15.6% in 2004 to 43.1% in 2016.[3]
  • According to a poll by Duffin (2019), 52% of graduate students in the us said their college level online education offered a superior learning experience than their college level classroom education.[3]
  • 99% of those enrolling in US online degree programs are citizens of the nation.[3]
  • According to Training Magazine’s 2018 Training Industry Report, 82% of organizations conduct some of their compliance training online, while 28% conduct fully online compliance training.[3]
  • According to a joint report by the Boston Consulting Group and Arizona State University (2018), the overall post-secondary student enrollment has been seeing a yearly decline of 1% to 2%, while the number of students taking online courses grows 5% annually.[3]
  • According to a position paper by KPMG, up to 60% of total training costs are attributed to traveling expenses alone.[3]
  • A study by LinkedIn found that 94% of workers would possibly remain with a firm longer if it invests in learning and development.[3]
  • According to a report for the UK Department of Education (2018), over half of MOOC learners are at least degree-level, with 79% having a bachelor’s degree or higher. Furthermore, 44% of MOOC learners hold a postgraduate degree.[3]
  • According to a Brandon Hall Group research, employees spend 40% to 60% less time on e learning than on conventional learning.[3]
  • Online learning items that are content related account for around 59% of the US eLearning market share.[3]
  • Even prior to the pandemic, the eLearning market in the U.S. will have grown to $6.22 US billion between 2017 and 2022, according to Technavio.[3]
  • While the German economy is still expanding at a pace of around 1.9%, the market for online education is expanding at a rate of 8.5% yearly.[3]
  • In a survey conducted by Learning House, Inc. and Aslanian Market Research (2018), it was found that out of 1,500 graduate online students, 86% believed that the value they obtained from their online degree equaled or exceeded what they paid for.[3]
  • According to a poll, 67% of American college students completed all or part of their course-related tasks on their mobile devices.[3]
  • According to Statistics Market Research Consulting (2019), the global corporate online learning market is expected to grow to $50 billion by 2026, with an annual growth rate of 15% from 2020 to 2026.[3]
  • According to estimates, more than 30% of American students are taking at least one course online.[3]
  • The global eLearning market was already seeing a 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.[3]
  • Graduate students are also more likely to attend online courses, with the proportion rising from 16.5% in 2008 to 45.6% in 2016.[3]
  • The corporate sector is likely to be one of the main growth drivers in the online education market this decade, with nearly 90% of firms currently embracing online learning, up from only 4% in 1995.[3]
  • According to corporate e-learning statistics for 2022, the corporate e-learning market is expected to grow at a CAGR of 11% between 2020-2024.[4]
  • According to e-learning industry statistics, the MOOC market is currently worth $5.16 billion. It is projected to grow at an annual rate of 32.09% until 2025.[4]
  • The smartphone eLearning market size in 2022 predictions state that by 2027, its worth will reach $80 billion.[4]
  • According to Rebecca Stromeyer, the creator of eLearning Africa, agriculture and food production presently employ more than 40% of the continent’s workforce, with more than 70% of those workers being women.[4]
  • 77% of US firms adopted online learning in 2017, but 98% intended to do so by the year 2020.[4]
  • Recall rates for in person training are substantially lower, ranging from 8% to 10%.[4]
  • According to data on eLearning in the US, 63% of high school pupils there utilize digital learning tools on a regular basis.[4]
  • By the end of 2020, 16.3K MOOCs will be announced or launched by around 950 universities worldwide.[4]
  • Class Central analyses show that the fraction of new non-university courses created on Coursera increased from 31% in 2020 to 39% in 2021.[5]
  • In 2017–2018, 3.13% of all MOOC participants finished their courses, down from over 4% in the two years before and almost 6% in 2014-15.[6]
  • Among the “verified” students, 46% completed in 2017-18, compared to 56% in 2016-17 and about 50% the two previous years.[6]
  • Only 12% of students attended a MOOC during the 2016–17 academic year, compared to 1.1 million who did so during the 2015–16 academic year.[6]
  • According to Mckinsey’s learner survey, 35% of respondents reported that a stagnant career or stagnant job search was their main reason for pursuing further education.[7]
  • A University in Mexico discovered that between 2016 and 2019, new programs were responsible for 34% of all new enrollments.[7]
  • Lack of hands on experience was cited as the main problem with online learning by Mckinsey learner survey respondents, with 30% citing it as their major complaint.[7]
  • About 40% of Boulder students were changing their majors when the program began in 2019 after discovering a different one could be a better match.[7]
  • About 28% of individuals say they don’t attend training because they don’t have time owing to job commitments, while another 15% say they don’t have time because of family obligations.[8]
  • Adult learning incidence among low skilled workers is little above 20%, according to OECD 2019.[8]
  • A further 16% reference a lack of funding, and 12% claim that training occurred at an inappropriate time and location.[8]
  • In the OECD on average, 23% of training participants with high digital problem solving skills participated in online learning compared with only 14% of training participants with few ICT skills.[8]
  • Evidence from Massive Open Online Courses, or MOOCs, indicates that just 10% of them are completed.[8]
  • 5% of people across all OECD nations score at the highest level of digital competence on the PIAAC, and 15% of individuals do not possess even the most fundamental computer abilities.[8]
  • Only 40% of people on average in OECD nations engage in formal and informal job related training each year, despite the fact that these individuals are disproportionately highly skilled.[8]

Also Read

How Useful is Online Course Providers

One of the key advantages of online course providers is the flexibility and convenience they offer. Instead of having to attend classes in a physical location at a set time, students can study at their own pace, fitting their learning around their existing commitments. This is particularly beneficial for those with busy schedules or those who live in remote areas where access to education may be limited. Online courses also often allow for greater flexibility in terms of when assignments must be completed, making it easier for students to manage their time effectively.

Another advantage of online course providers is the wide range of subjects that are available for study. From academic subjects such as mathematics and history to more practical skills like coding and graphic design, there is truly something for everyone. This diversity means that individuals can continue to learn and grow in areas that interest them, regardless of their previous educational background or experience.

In addition to offering convenience and variety, online course providers also often provide high-quality education. Many platforms partner with reputable institutions and experienced educators to deliver courses that are both engaging and informative. Furthermore, online courses tend to be updated regularly to ensure that the content remains relevant and up-to-date. This commitment to quality ensures that students receive a valuable learning experience that can help them achieve their personal or professional goals.

One of the most significant advantages of online course providers is the cost-effectiveness they offer. Traditional education can be prohibitively expensive, with tuition fees, textbooks, and other expenses quickly adding up. In contrast, many online courses are either free or available at a fraction of the cost of in-person classes. This accessibility means that individuals from all walks of life can access high-quality education without breaking the bank.

Despite these benefits, it’s essential to acknowledge that online course providers do have limitations. For some individuals, the lack of face-to-face interaction with instructors and peers can be a drawback, as it may make it challenging to ask questions or collaborate effectively. Additionally, some courses may not offer the same level of accreditation or recognition as traditional educational institutions, which can be a concern for those seeking employment or advancement in their careers.

In conclusion, online course providers are undeniably valuable resources that have the potential to revolutionize the way we learn. By offering flexibility, variety, quality, and affordability, these platforms open up new possibilities for individuals seeking to enhance their knowledge and skills. While they may not be suitable for everyone, online course providers are undoubtedly a valuable tool for those looking to expand their horizons and pursue their educational goals.

Reference

  1. mn – https://education.mn.gov/mde/dse/online/
  2. elearningindustry – https://elearningindustry.com/top-elearning-statistics-2019
  3. research – https://research.com/education/online-education-statistics
  4. techjury – https://techjury.net/blog/elearning-statistics/
  5. edsurge – https://www.edsurge.com/news/2021-12-28-a-decade-of-moocs-a-review-of-stats-and-trends-for-large-scale-online-courses-in-2021
  6. insidehighered – https://www.insidehighered.com/digital-learning/article/2019/01/16/study-offers-data-show-moocs-didnt-achieve-their-goals
  7. mckinsey – https://www.mckinsey.com/industries/education/our-insights/demand-for-online-education-is-growing-are-providers-ready
  8. oecd – https://www.oecd.org/coronavirus/policy-responses/the-potential-of-online-learning-for-adults-early-lessons-from-the-covid-19-crisis-ee040002/

Leave a Comment