eLearning (electronic learning) is a form of education or training that is delivered through digital technology, typically over the internet. It refers to any learning that is facilitated by electronic media, such as computers, tablets, smartphones, and the internet.
eLearning can take many forms, including online courses, webinars, virtual classrooms, digital simulations, and interactive educational games. It allows learners to access educational resources and interact with instructors and other learners from anywhere and at any time, as long as they have an internet connection.
eLearning has become increasingly popular over the years due to its flexibility, convenience, and accessibility. It allows individuals to learn at their own pace and on their own schedule, making it an ideal option for working professionals and individuals with busy schedules. eLearning has also made education and training more affordable and accessible to people all over the world.
eLearning Industry Statistics
The eLearning industry has been experiencing rapid growth in recent years. Here are some statistics that illustrate this growth:
Global eLearning market size: The global eLearning market size is expected to reach $336.98 billion by 2026, growing at a compound annual growth rate (CAGR) of 9.1% from 2021 to 2026. (Source: ResearchAndMarkets)
Corporate eLearning market size: The global corporate eLearning market is expected to reach $50.4 billion by 2026, growing at a CAGR of 8.6% from 2021 to 2026. (Source: MarketsandMarkets)
Online course market size: The global online course market is expected to reach $325 billion by 2025, growing at a CAGR of 10.26% from 2020 to 2025. (Source: ReportLinker)
Number of eLearning users: The number of eLearning users worldwide is expected to reach 2.2 billion by 2027, up from 1.1 billion in 2020. (Source: GlobeNewswire)
Increased adoption of mobile learning: Mobile learning (mLearning) is becoming increasingly popular, with the global mLearning market expected to reach $78.5 billion by 2025, growing at a CAGR of 28.2% from 2020 to 2025. (Source: MarketsandMarkets)
Rise in demand for personalized learning: The demand for personalized learning is on the rise, with the global adaptive learning market expected to reach $4.5 billion by 2026, growing at a CAGR of 22.7% from 2021 to 2026. (Source: ResearchAndMarkets)
These statistics indicate that the eLearning industry is growing rapidly and is expected to continue to do so in the coming years, driven by factors such as increased adoption of digital technology, changing learner preferences, and the need for flexible and convenient learning options.
Eight eLearning Business Opportunities
The eLearning industry has seen tremendous growth over the past few years, and there are many business opportunities available in this space.
Here are eight of the best eLearning business opportunities:
1. Online Course Creation
Creating and selling online courses is a popular business opportunity. You can create courses on a wide range of topics, including business, marketing, technology, health, fitness, and more.
2. Online Tutoring
Online tutoring is a growing industry, and there is a high demand for qualified tutors in various subjects. You can offer one-on-one tutoring or group sessions.
3. Learning Management Systems (LMS)
An LMS is a software application for the administration, documentation, tracking, reporting, and delivery of educational courses. Developing and selling an LMS can be a profitable business opportunity.
4. Virtual Reality (VR) and Augmented Reality (AR) Learning
VR and AR are emerging technologies that are transforming the way we learn. Developing VR and AR learning solutions can be a lucrative business opportunity.
5. Language Learning
Language learning is a popular niche in the eLearning industry. You can create online courses or offer one-on-one tutoring to students around the world.
6. Corporate Training
Many companies are turning to eLearning solutions for employee training. You can offer customized training programs for businesses, including online courses, webinars, and workshops.
7. Online Certification Programs
Offering online certification programs can be a profitable business opportunity. You can create certification programs for various industries, including healthcare, IT, finance, and more.
8. Educational Apps
Developing educational apps for mobile devices can be a lucrative business opportunity. You can create apps for language learning, test preparation, and other educational purposes.
About LMS Portals
At LMS Portals, we provide our clients and partners with a SaaS-based, multi-tenant learning management system that allows you to launch a dedicated training environment (a portal) for each of your unique audiences.
The platform is white labeled, allowing our eLearning business partners to launch a private, customized portal for each of their corporate clients.
The system includes an embedded SCORM-compliant course authoring tool that enables most anyone to build engaging courses quickly and easily.
We also offer a complete library of ready-made courses, covering most every aspect of corporate training and employee development.
If you choose to, you can create Learning Paths to deliver courses in a logical progression and add structure to your training program. The system also supports Virtual Instructor-Led Training (VILT) and provides tools social learning.
Together, these features make the LMS Portals platform and content an ideal opportunity to start a business in the rapidly growing eLearning industry.
Contact us today to get started or visit our Partner Program pages