STATISTICS ON ONLINE EDUCATION AND E-LEARNING IN THE UK
Online education has become one of the most popular ways to learn in the UK in recent years, with 21% of British adults using some form of online learning. The E-learning sector is expected to be worth £276 billion by 2026, and obtaining a course online to study almost everything has never been easier, regardless of your location or qualifications. There are numerous online learning programs available, whether you are a university student, or an adult trying to develop your skills.
Since the Covid-19 pandemic started in 2020, the digital education has become even more important. It has helped students access essential learning materials and given businesses the opportunity to train staff remotely.
Here are some other statistics and numbers from the area of E – learning systems in 2022:
- The E-learning market is expected to rise to £238 billion by 2025.
- Between 2021 and 2027, the E-learning industry is expected to develop at a compound annual growth rate (CAGR) of more than 21%.
- Using E-learning to deliver content can help to enhance knowledge retention rates by up to 60%, and participants can learn nearly five times as much material in the same amount of time.
- Since adopting e-learning into their training, 42% of organizations have seen an increase in their revenue
- Online learning reportedly reduces energy consumption by 90% compared to classroom learning.
- In the United Kingdom, people aged 25 to 34 were the most likely to enrol in an online course. However, 46% of 18-24-year-olds often use online learning materials, most likely as a result of school lessons being held online during lockdown periods.
- The UK EdTech sector grew by 72% in 2022. The UK EdTech sector is projected to be approximately £3.2 billion in 2021, up 72% from 2020. Educational technology is becoming a necessary tool in schools, universities, and businesses around the country. It should come as no surprise that more educational institutions and businesses are embracing the flexibility that EdTech, and online learning provide.
A survey was conducted to know what respondents liked most about doing their online course. Of the respondents, 84% said that they liked the flexibility of completing an online course compared to in-person learning. Studying at your own pace was another popular answer, with 81% saying they liked this about their online course. Accessibility and less time spent travelling were other common reasons why our students said they liked learning online. According to our online education data, e-learning is on the increase and here to stay. Younger generations appear to use e-learning the most, yet these courses aren’t just for youth. Anyone, regardless of age or background, can learn new skills using online education platforms.
If you have any questions about the online education opportunities available with Pristine School of Management, check out our website to learn more about our programmes.