Global Online Education Market Projected to Reach $239 Billion by 2027, Coursera Tops 113 Million Students
On September 25, 2026, a statistical report indicated that the global online education market is anticipated to grow to $239 billion by 2027, rising from $166 billion in 2023, reflecting a compound annual growth rate of 9.5%. The largest segment, online university education, accounted for $103 billion in 2023. The U.S. dominates this market with revenues exceeding $74 billion, while China reported $61 billion in 2020 and Russia over $183 million in 2021. Chinese University MOOC/iCourse holds a 14% market share. By 2027, it is estimated that around 1 billion students will be engaged in online learning. Coursera boasts over 113 million students, and Duolingo earned $369.5 million in 2022. In the U.S., 75% of undergraduates enrolled in at least one distance education course during fall 2021.
Key facts
- Global online education is forecast to reach $239 billion by 2027, up from $166 billion in 2023
- The US generates the most online education revenue at $74+ billion
- Coursera has 113+ million students and 5,400+ courses
- Approximately 1 billion online students are expected globally by 2027
- Chinese University MOOC/iCourse holds the largest market share at 14%
- Denmark had the best eLearning conditions in 2021; Ireland the worst
- Online education began in 1989 via the University of Phoenix and CompuServe
- IBM saved $200 million after adopting online corporate learning
Entities
Institutions
- Statista
- Coursera
- edX
- Udemy
- Skillshare
- Duolingo
- Chinese University MOOC/iCourse
- Zhihuishu
- BYJU'S
- Tal Education Group
- Rosetta Stone
- Babbel
- MasterClass
- SNHU
- Liberty University
- WGU
- GCU
- University of Phoenix
- CompuServe
- IBM
- Cisco
- Preply
- Eurostat
- McKinsey
- Inside Higher Ed
- Forbes
- Class Central
- Technavio
- Digital Commons
- eLearning Industry
- GetCourse
- Skillbox
- ULTIDA
- Colorlib
Locations
- United States
- China
- Russia
- Denmark
- Norway
- Ireland
- Finland
- Sweden
- Netherlands
- Hungary
- United Kingdom
- France
- Poland
- Mexico
- Greece
- Belgium
- Australia
- Italy
- New Zealand
- Iceland
- Albania
- Romania
- Bulgaria
- Bosnia and Herzegovina
- Turkey
- New Hampshire
- Hawaii
- Arizona
- West Virginia
- Alaska
- North America
- Middle East
- North Africa
- Great Britain