Large companies are the main purchasers of eLearning products and services.
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Today, 77% of USA companies offer online corporate training to improve the professional development of their employees. The online corporate market is expected to grow by 13% per year up to 2017. Google has already enrolled 80,000 of its employees in Udacity’s HTML5 course.more than 350 companies cooperate with Coursera and Udacity to identify the best students that would probably make the best possible candidates for relevant jobs.It is predicted that in the following two years this percentage will rise to 28%.
With a compound annual growth rate of 18.2% for the next five years, it is estimated that the worldwide mobile learning market in 2015 will reach $8.7 billion and it will even reach $12.2 billion by 2017. It is worth to note that while in 2012 the top buyers of mobile learning products and services where US, Japan, South Korea, China, and India, it is expected that by 2017 the top buyers of mobile learning products and services will be China, US, Indonesia, India, and Brazil.Ĭurrently 8% of companies use MOOCs, while another 7% consider to experiment with MOOCs. The worldwide market for Mobile Learning products and services reached $5.3 billion in 2012. The highest proportion of revenue contribution is expected to be generated in North America. In other words, the LMS market is expected to worth approximately $4 billion in 2015 and over $7 billion in 2018. The LMS market was worth $2.55 billion in 2013 with an estimated compound annual growth rate of approximately 25.2%. The growth rate of self-paced eLearning by country is : Growth rate shows how each country adopts eLearning and is a significant indicator since it can reveal revenue opportunities.
This means that the self-paced eLearning market should see estimated revenues of $49.9 billion in 2015. The global self-paced eLearning market reached $32.1 billion in revenue in 2010, with a five year compound annual growth rate of approximately 9.2%. The global eLearning Market is expected to reach $107 billion by 2015.
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Download our infographic on the Top eLearning Statistics and Facts for 2015.
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