Over the last 10 years, eLearning statistics have revealed a dramatic shift in how training is conducted. From lecturers and seminars lasting over several days to mobile technology and online courses, employees and businesses look to utilize everything that e-learning has to offer. Certainly, statistics on eLearning boost many advantages for the training industry that is worth exploring.
Why E-Learning became Popular
In the 1990s, digital learning or e-learning started to take off, leading the way into a digital realm of education. The word e-learning was first created in 1998. To put that in perspective, this was the same year that Google was launched.
Since 2000, there has been a 900% growth in the e-learning industry. This is significantly more than previously thought. But why did this form of education become so popular? it naturally evolved from the use of technology in everyday life. It was a way for everyone to have access to education and to make it fit in with your schedule, rather than the other way around. It offered a lot of potential and advantages that could not be ignored.
Pros About E-learning
Let’s start off by examining the advantages of online education.
- Personalized training to suit your business, as well as custom tasks for employees.
- It’s convenient; you can enjoy training anywhere and anytime. You can learn around your schedule.
- Online courses allow career enhancement with the development of new skills and education.
- A collaborative learning experience with an online environment for support.
- Better retention for students through easy to understand e-learning.
- Educate on new training and concepts within a business quickly.
- Online courses can reduce training costs that are away from the workplace.
- Reduces your carbon footprint.
Cons About E-learning
It is also important to recognize the disadvantages that can be associated with e-learning.
- Requires employee discipline in order to learn.
- Minimal face-to-face interaction.
- Not suitable for employees that are not computer-savvy.
- Technological issues may prevent learning from taking place.
What Exactly Is E-Learning in 2019-2020?
In the last few years, e-learning has really taken off. In 2019 and into 2020, we will see online courses expanding and developing at a rapid rate. There is everything from degree courses offered remotely to practical skills through gamification and AI. In addition, there are a number of e-learning platforms emerging that are making it easier for businesses to offer e-learning and innovative pedagogy.
- Here are some interesting statistics about e-learning and how the industry is growing and helping employees and business organizations.
- Studying content through digital learning takes up to 60% less time than traditional classroom learning.
- Retention rates are higher from e-learning at around 25 to 60%. This is compared to 8 to 10% retention rates of classrooms.
- Companies that offer e-learning courses report a 42% increase in revenue.
- E-learning is energy saving, with 90% less energy used by the Open University when turning to digital education outlets.
- Employee engagement increases by up to 18%.
- By 2025, the e-learning industry is predicted to be worth $325 billion
- 42% of US businesses have experienced an increase in income since switching to digital learning.
- E-learning meant that IBM saved around $200 million.
- 28% of institutions use BlackBoard in the US and Canada.
- There is 85% of CO2 emissions used per person compared to traditional learning.
- Up to April 2015, around 8% of students around the world had used MOOC that the previous year.
- Between 2013 to 2015, 46% more students had used online courses.
- 80% of US students said that virtual learning could improve their grades.
- 42% of students through that digital technology was excellent for supporting homework assignments
- 2,500 companies experience 24% higher profits by using online training programs.
Trends in Online Learning 2019 – 2020
- Statistics in e-learning reveal recent trends in 2019 and the future in 2020. This includes new and emerging trends, as well as some familiar ones that are growing stronger as the years go by.
- Virtual reality or VR emerges as a cool way to play games in 2019. This same can be said for learning; this offers a stimulating way to experience and use practical skills for the real world. The employee can be immersed in a realistic scenario as a new form of educative role-play with advanced software.
- Not a lot of people assume learning is going to be fun. But gamification has meant that this can now be a possibility. This includes using games everybody can enjoy and incorporating them with learning new content.
- Some employees like to learn with some interaction with others. Webinars are going strong, using online learning in a new format. This merges the best of both worlds; you have lectures and a classroom format but in an online environment no matter where you are.
- E-learning has created an online library of information. Instead of consulting textbooks, employees can turn to software and online sources to educate themselves about their careers.
- Adaptive learning is a new way to achieve personal goals according to e-learning market statistics. This allows every e-learning experience to be unique to the user. This can help them develop new skills and work on their weaknesses. The software is responsive, and personal goals are prioritized.
Where do students learn Online?
There are a variety of ways students can learn online, and that is constantly evolving. But there are some that stand out right now.
The Biggest MOOC
MOOC stands for Massive Open Online Course, and there are several popular platforms:
- EdX – this platform was created by Harvard and MIT, and this is a good way to access challenging online courses. You can now access other courses from 30 other good universities worldwide.
- Coursera – you can gain access to over 500 courses offered from reputable universities. This includes Centrale Paris, Princeton, and Stanford. It is easy to get started since courses are generally free. But you will pay an amount to receive your degree,
- Udemy – this MOOC contains around 20,000 courses to choose from. There are a lot of practical skills to consider, and the price will vary. You do not normally receive a degree, as there are different courses that can be created by anyone.
- Canvas – now you can have access to other universities other than the famous ones that you have heard about. This allows you a better opportunity to explore other avenues and build different skills.
- Udacity – this MOOC is not associated with just one college or university. Instead, it offers a range of different university degrees. In particular, this is a good platform for those interested in science and technology.
- The Open University – perhaps one of the most famous, the Open University is a popular choice of MOOC. It is easy to use, and there are lots of courses to consider. It is considered the UK’s largest university.
The Most Popular Webinar Platforms:
Webinars are proving a popular way to learn that suits a variety of students. Here are some of the most popular:
- WebinarJam – a lot of employers favor this platform due to being easy to use and its simplicity. It also generally has a low price point and is affordable, as well as offering good technology for engaging content.
- GoToWebinar – there are lots of features that make this platform popular. This includes video sharing, breakout rooms and connection with mobile apps. This can all make education easier, and it can be incorporated into your existing CRM.
- Zoom – this platform is favored for its convenience. You can create lots of webinars, and employees will find it easy to join and learn. You can enjoy a free plan on this platform; one of the only big ones that allow this.
What Do Universities Propose for e-Learning?
E-learning is often a convenient and better route to take for students. This may be due to prior commitments, such as a job or having kids. Distance learning allows them a channel to earn a degree without giving up other elements of their daily lives. There are a number of programs that are popular revealed by eLearning statistics and facts: Accounting, Computer science, Engineering, Business, Criminal Justice, Nursing.
Online education is becoming more popular than traditional learning. It has many advantages, and corporate eLearning statistics suggest businesses may provide online courses and webinars more readily to their employees. Many avenues are offered by popular universities, and there is a range of different courses available for everybody.