According to ASTD, an organization of professional learning and development practiioners:
ASTD estimates that U.S. organizations spent $134.39 billion on employee learning and development in 2007. This amount reflects direct learning expenditures such as the learning function’s staff salaries, administrative learning costs, and non-salary delivery costs (including outsourced activities). Nearly two-thirds of the U.S. total ($83.62 billion) was spent on the internal learning function, such as staff salaries and internal development costs. The remainder ($50.77 billion) was allocated to external services such as workshops, vendors and external events. These types of informative statistics appear in ASTD’s annual State of the Industry report.
According to a report issued by US Department of Education titled Distance Education at Degree-Granting Postsecondary Institutions: 2006–07, the following is true of education in postsecondary schools.
During the 2006–07 academic year, two-thirds (66 percent) of 2-year and 4-year Title IV degree granting postsecondary institutions reported offering online, hybrid/blended online, or other distance education courses for any level or audience. Sixty-five percent of the institutions reported college-level credit-granting distance education courses, and 23 percent of the institutions reported noncredit distance education courses.
Sixty-one percent of 2-year and 4-year institutions reported offering online courses, 35 percent reported hybrid/blended courses, and 26 percent reported other types of college-level credit-granting distance education courses in 2006–07. Among institutions that offered online courses, 62 percent reported that 100 percent of the instruction in those courses must be online.
According to an article titled Investing in eLearning Proves to be Lucrative, in India the market is large.
Even thought the Internet penetration is 4% in India, still the e-learning market size is $27 million or Rs 105 crore. It is projected to grow to $280 million or Rs 1,092 crore by 2012, according to an education sector report by the reputed brokerage firm CLSA Asia Pacific markets.
Says Vijay K Thadani, co-founder and CEO, NIIT Ltd, “In 1983, when we started offering e-learning material, we were using own network to deliver the material—so it was largely computer-based training at the time.” Currently, NIIT services 5,00,000 students in 32 countries and 750 centres. It has a library of 3,500 courses.
Additionally, the May 2008 article reports:
the current e-learning global market size is over $20 billion (Rs 78,000 crore)—grown ten-fold since 2000). E-learning market is expected to surpass $52.6 billion (Rs 2,05,000 crore) by 2010. Online tutoring is a $4 billion (Rs 15,600 crore) industry and is growing at a rate of 10%-15% per annum.
If you have any more up-to-date links on the growth of elearning or even its non-growth, please post.
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