E-Learning & Corporate E-Learning Market Growth
Purposeful Agency has been involved in building online programs and e-learning for over a decade. We are experts in building engaging, educational video content, and online programs.
In 2022, the market size was valued at $399.3 billion, with the corporate eLearning market segment expected to grow at a CAGR of 13% from 2022 to 2027, reaching $462.6 billion ². The university E-Learning market is also significant, with a projected market volume of $103.8 billion in 2023 ².
The e-learning market is projected to reach $1 trillion by 2032, growing at a compound annual growth rate (CAGR) of 14% from 2023 to 2032 ².
Every college and university is going to be challenged with the cost-effective delivery online and e-learning education provides, as well as the convenience for students to study at any time, anywhere.
Online learning needs to be enjoyable and interesting to engage the students, with reflective note taking to ensure learning is being integrated.
We also recommend some content to be recorded, with regular live calls to make questions and answers easy for students. Lecturers should provide engaging webinars to continue to engage students in learning online, as statistics show that students drop off without live webinars to accompany recorded video content.
Gamification is becoming more popular as software is improving, probably due to the e-learning market’s growth, and the advent of many platforms providing online learning, and communities to keep people engaged on their platforms.
If you are looking for world-class e-learning content, and marketing help, review some of our case studies are here – https://purposeful-agency.com/e-learning-and-online-programs
- Mobile Learning Market: Expected to reach $184.4 billion by 2028, growing at a CAGR of 24.78% ².
- Learning Management System (LMS) Market: Valued at $20 billion, expected to grow at a CAGR of over 16.4% from 2023 to 2030 ².
- Online Education Market: Projected to reach $166.6 billion in 2023, growing at an annual rate of 9.5% ².