Are you looking to add Learning Experience Platforms (LXP) to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Learning Experience Platforms (LXP) statistics of 2024.
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How much of an impact will Learning Experience Platforms (LXP) have on your day-to-day? or the day-to-day of your business? Should you invest in Learning Experience Platforms (LXP)? We will answer all your Learning Experience Platforms (LXP) related questions here.
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On this page, you’ll learn about the following:
Best Learning Experience Platforms (LXP) Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 77 Learning Experience Platforms (LXP) Statistics on this page 🙂Learning Experience Platforms (LXP) Usage Statistics
- Key examples include mobile usage (which accounts for 40% of learning ). [0]
Learning Experience Platforms (LXP) Market Statistics
- Since then this market has exploded (it’s over $300M and growing at 50%+ per year). [1]
- According to Josh Bersin, founder of Bersin by Deloitte “…the LXP market itself is now over $350M in size and more than doubling every year. [2]
- The market is expected to surge at a CAGR of 25.3% and is anticipated to surpass USD 2186.4 Million by 2026. [3]
- The LMS market is expected to grow from $9.2 billion in 2018 to $22.4 billion in 2024 at a CAGR of 19.6%. [4]
- In the forecast period 2020 to 2024, the global corporate LMS market size is expected to grow at a compound annual growth rate of 23%, with a revenue of $12.48 billion. [4]
- The global elearning market grows at 14% annually. [4]
- Canvas and Blackboard dominate the LMS market, with each controlling 28% of the US higher ed LMS market. [4]
- Canvas leads the LMS market share, accounting for 35% of the entire LMS market in North America Latin America. [4]
- In Latin America, the elearning market was valued at $2.1 billion in 2016 and is poised to grow at a CAGR of 14% over the next five years. [4]
- By 2024, the LMS market size in Asia Pacific is expected increase at a 34.2% CAGR. [4]
- 2% of the LMS software market consists of government institutions. [4]
- The education sector accounts for one fifth or 21% of the entire global LMS market. [4]
- Real estate and nonprofit organizations both account for 3% each in the LMS market. [4]
- Other sectors, such as technology (12%), manufacturing (9%), healthcare and consulting (7%), and software development companies (4%). [4]
- The demand for mobile learning resulted in its growth, with the market currently valued at $27.32 billion in 2020 and is poised to grow at a CAGR of 36.45% from 2020 to 2027. [4]
- The LXP market is estimated to reach $15.7 billion in the next three years. [5]
- According to Trends Market Research in their April 2021 study, the global NextGen of Learning Management System market is expected to reach $40.36 billion by 2026. [6]
Learning Experience Platforms (LXP) Software Statistics
- 2% of the LMS software market consists of government institutions. [4]
- Other sectors, such as technology (12%), manufacturing (9%), healthcare and consulting (7%), and software development companies (4%). [4]
Learning Experience Platforms (LXP) Adoption Statistics
- Cloud based LMS adoption stands at 12.5%. [4]
- According to 97% of employees, a tablet adoption policy contributes to learning effectiveness since the device allows them to learn from home or the office. [4]
Learning Experience Platforms (LXP) Latest Statistics
- 2021 October Global Statshot Report, the number of mobile users had swelled to 5.29 billion users globally (+ 1.9% during 2021). [2]
- In 2020 consumption was at 7.2GB , and has increased by 61% to the current rate of 11.6GB. [2]
- According to the recent research report; the global Learning Experience Platform Market in 2020 was approximately USD 508.5 Million. [3]
- “According to the research report, the global Learning Experience Platform Market was estimated at USD 508.5 Million in 2020 and is expected to reach USD 2186.4 Million by 2026. [3]
- The global Learning Experience Platform Market is expected to grow at a compound annual growth rate of 25.3% from 2020 to 2026”. [3]
- According to a survey, the number of smartphone users worldwide increased to 5.19 billion in January 2020, resulting in an increase in mobile data use. [3]
- Recommended Reading Facts & Factors Demand for Global Online Language Learning Market Size & Share Will Surpass USD 28.5 Billion Mark, at 18.8% CAGR Growth By 2028 – e. [3]
- Share Worth USD 7915.1 Million by 2028, Exhibit a CAGR of 4.1% Growth – Industry Trends… [3]
- According to Pressy, the main idea behind this teaching device is to allow teachers to focus on more inspirational and thought stimulating activities for their students. [4]
- With LMS technology being widely adopted in North America, its CAGR sits at 4%. [4]
- , and it is expected to grow at a CAGR of 14% in the next five years. [4]
- From 2016 to 2017, the user base of Lingokids, a language learning platform, grew more than 489% in Argentina, 500% in Venezuela, and 425% in Brazil. [4]
- According to the data published by Eurostat , Finland emerges as the top country with most individuals taking at least one form of an online course, followed by the United Kingdom, Sweden, and Spain. [4]
- In Finland, 21% of individuals have taken an online course on any subject, followed by United Kingdom with 19%, Sweden with 18%, and Spain with 15%. [4]
- LMS in Europe is expected to grow at a CAGR of almost 27% in 2020. [4]
- LMS growth in Eastern Europe is at 16.9% annually. [4]
- The highest elearning growth rate is in Asia, at 17.3% annually. [4]
- In Africa, the annual growth rate of the LMS industry is at 15.2%. [4]
- 30% of L&D professionals aim to incorporate games and simulations in their elearning programs by the end of 2020. [4]
- 93% of L&D professionals plan to develop live online learning for their programs, while 33% want to develop MOOCs. [4]
- 64% of digital learning program developers want to include open resources in their programs, while 35% want to include user. [4]
- 58% of L&D professionals aim to introduce enterprise social networks to improve learning approaches. [4]
- The biggest barriers to satisfaction with learning technology are the inability of LMS programs to be integrated with other digital platforms (52%), poor user experience (51%), and cost of the program (44%). [4]
- 24% are not satisfied with LMS programs that do not have any mobile capability. [4]
- 67% of LMS users prefer programs with complete functionalities, while 66% want programs with better customer and technical support. [4]
- Currently, the number of LMS users is estimated at 73.8 million. [4]
- Nearly 87% of active users have web. [4]
- The primary participants in learning management systems are corporate level executives (65%) and managers (35%). [4]
- 37% of LMS users are adults, 28% are young. [4]
- In Great Britain, 24% of people who purchase learning materials online are in the age group 16 to 24 years old, 16% are 25 to 34 years old, and 14% are 35 to 44 years old. [4]
- 30% of LMS buyers are long. [4]
- 90% of students prefer learning online to traditional learning methods. [4]
- About 49% of students have taken at least one form of online course. [4]
- 89% of employees access LMS programs from desktops, 78% from their laptops, while 25% from their mobile devices. [4]
- 76% of online learners are using their own devices to access course content and training materials. [4]
- Learners using smartphones to access online educational platforms complete course materials 45% faster than those using a computer. [4]
- In terms of course distribution by subject, technology ranks first in popularity (19.8%). [4]
- About 19.7% of courses launched in 2019 are all business. [4]
- 70% of learners are more motivated to learn when they are using mobile devices instead of computers. [4]
- 29% of learners who use mobile devices believe that they can easily apply what they have learned. [4]
- 72% of mobile learners revealed that they are more engaged with learning modules accessed via mobile devices. [4]
- 30% of smartphone users are using their mobile devices to access organizational training materials. [4]
- 25% of educators reveal that personalized learning is a promising idea. [4]
- 21% perceive personalized learning as a transformative approach to improve the K. [4]
- 11% of teachers state that they see personalized learning as a passing fad, while 10% reveals that it is not even on their radar. [4]
- For 8% of surveyed teachers, personalized learning is a threat to public education. [4]
- According to a recent report, 79 percent of CEOs and business owners worldwide are concerned that a lack of essential skills in their workforce can threaten the future growth of their organizations. [7]
- Also, it’s critical to mention that 59% of millennials, 44% of Gen Xers, and 41% of baby boomers considered learning and growing in the company as an extremely vital factor when choosing a job. [7]
- Moreover, 94% of employees say they would stay at the same job for a long time if companies invested in their professional development as a result, this saved a lot in employee turnover. [7]
- Given that 57% of online content is consumed on mobile devices and tablets, this can potentially double the opportunities for learning experiences in your organisation. [0]
- Mobile app 40% of learning is now done on a mobile device. [0]
- 40% of online learners primarily rely on their phones to do it. [0]
- Cornerstone has more than 6,000 customers and 75 million users in 180 countries and across 50 languages, according to company statistics. [8]
- The company has received $107 million in investor funding since its founding in 2014, according to Crunchbase. [8]
- Bersin reported EdCast is a $40 million company that is growing at a rate of 80% per year. [8]
I know you want to use Learning Experience Platforms (LXP), thus we made this list of best Learning Experience Platforms (LXP). We also wrote about how to learn Learning Experience Platforms (LXP) and how to install Learning Experience Platforms (LXP). Recently we wrote how to uninstall Learning Experience Platforms (LXP) for newbie users. Don’t forgot to check latest Learning Experience Platforms (LXP)statistics of 2024.
Reference
- filtered – https://learn.filtered.com/lxp-guide.
- joshbersin – https://joshbersin.com/2019/03/learning-experience-platform-lxp-market-grows-up-now-too-big-to-ignore/.
- valamis – https://www.valamis.com/hub/learning-experience-platform.
- globenewswire – https://www.globenewswire.com/news-release/2021/05/05/2223330/0/en/Global-Learning-Experience-Platform-LXP-Market-Projected-to-Expand-USD-2186-4-Million-by-2026-Facts-Factors.html.
- research – https://research.com/education/lms-statistics.
- elearningindustry – https://elearningindustry.com/learning-experience-platform-disrupting-corporate-learning.
- escp – https://thechoice.escp.eu/tl-dr/learning-experience-platforms-future-of-online-education/.
- ddi-dev – https://ddi-dev.com/blog/case/how-to-build-learning-experience-platform-lxp-from-scratch/.
- reworked – https://www.reworked.co/learning-development/cornerstone-acquires-learning-experience-platform-edcast/.
How Useful is Learning Experience Platforms
One of the main advantages of learning experience platforms is their ability to provide personalized learning experiences. By tracking user interactions and engagement with the platform, LEPs can recommend content that is most relevant to the individual learner’s needs and interests. This tailored approach can help learners stay motivated and engaged with the material, ultimately leading to better retention and comprehension.
LEPs also offer a wide range of learning resources that can cater to different learning styles and preferences. Whether a learner prefers to read text-based content, watch instructional videos, or participate in interactive simulations, there is likely something available on the platform to suit their needs. This flexibility can be particularly beneficial for diverse audiences with varied learning preferences.
Additionally, learning experience platforms can help organizations track and measure the effectiveness of their training initiatives. By collecting data on user engagement, completion rates, and assessment scores, organizations can gain valuable insights into the impact of their learning programs. This data-driven approach allows for continuous improvement and optimization of training content to better meet the needs of learners.
On the other hand, some critics argue that learning experience platforms can be overwhelming and distracting for users. With so much content available on these platforms, users may struggle to navigate and find the most relevant information for their learning goals. This can lead to a sense of information overload and decrease motivation to engage with the platform.
Furthermore, the quality of content available on learning experience platforms can vary widely. While some platforms offer high-quality, well-crafted learning resources, others may include outdated or poorly designed materials. In these cases, users may not receive the full benefit of the platform and could become discouraged from using it as a learning tool.
Despite these challenges, learning experience platforms undeniably have the potential to revolutionize the way we approach education and professional development. With their emphasis on personalized learning, diverse content offerings, and data-driven insights, LEPs can provide valuable support for learners looking to enhance their skills and knowledge.
In conclusion, while learning experience platforms certainly have their limitations, their potential benefits far outweigh the drawbacks. By leveraging the unique features of these platforms and addressing some of the key challenges they present, organizations and individuals can harness the power of LEPs to optimize their learning experiences and achieve their development goals.
In Conclusion
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