Growth Of Online Education Statistics 2020

For most datasets this is the 2016 2017 academic year.
Growth of online education statistics 2020. For starters more and more institutions of higher learning have introduced or reinforced their online education platforms the main considerations being cost reduction for students and recruitment expansion in face of rising competition. Mergers of major online education providers are covered on the front page of major periodicals. Many avenues are offered by popular universities and there is a range of different courses available for everybody. Look below each reference for the exact source.
This report is based on the most recent data from the nces. Projections show the e learning market worldwide is forecast to surpass 243 billion u s. Many big news stories related to online education have surfaced in 2018. One of the most significant pieces of news to shake up the online education space in 2018 was the creation of purdue university global.
Completions data are from the 2017 2018 academic year. Impressive e learning statistics for 2020. Online education is now big business. Even before covid 19 there was already high growth and adoption in education technology with global edtech investments reaching us 18 66 billion in 2019 and the overall market for online education projected to reach 350 billion by 2025.
Regardless of these concerns online education has made great strides in recent years. The growth of online education. Discussed below are some of the most amazing e learning stats for 2020 to show how the industry is developing. Digital education is the term used to refer to all online educational practices.
And with good reason. Let s explore them in greater depth starting with the latest data. The largest edtech companies such as coursera are already valued at well over 1 billion and they will be the driving force of the entire online education industry. The e learning industry growth statistics aren t showing any signs of slowing down and the corporate e learning sector is expected to grow by as much as 38 billion from 2020 to 2024.
These are some impressive online education statistics which show the industry is booming. It has many advantages and corporate elearning statistics suggest businesses may provide online courses and webinars more readily to their employees. Online education is becoming more popular than traditional learning. Ultimately you ll see what the future of online education will look like.