eLearning has transformed the educational landscape, offering learners unprecedented access to knowledge and skills. From increased retention rates to reduced environmental impact, eLearning has proven to be a game-changer in education and training.
In this blog post, we'll explore seven compelling facts that showcase the power and potential of online training.
7 Fascinating Facts About eLearning
- By 2025, the global eLearning market is expected to reach a staggering $325 billion, according to Forbes. This exponential growth reflects the growing demand for flexible and accessible learning solutions. The eLearning market is booming.
- Studies have shown that eLearning can increase knowledge retention rates by 25-60% compared to traditional classroom-based learning. This is due to the ability to revisit course materials, accessibility, and the personalized nature of eLearning.
- Online learning consumes 90% less energy and reduces carbon dioxide emissions by up to 85% compared to traditional, in-person courses. This makes eLearning a more sustainable option for education and training.
- Knowledge retention has increased from 25% to 60% just by eLearning.
- Companies incorporating eLearning can save between 50% and 70% when replacing instructor-based training. Further, eLearning has proven to increase productivity, as employees or students no longer have to travel to class.
- The “E” of eLearning was not only interpreted to mean “electronic” but was also meant to be interpreted as “exciting, energetic, enthusiastic, emotional, extended, excellent, and educational.”
- By 2028, the mobile learning market is expected to grow at a CAGR of 24.78%, reaching a value of $184.4 billion. This growth is driven by the widespread integration of electronic devices in educational institutions and the expanding acceptance of the Bring Your Own Device (BYOD) culture.
These facts demonstrate the transformative power of eLearning, from its environmental benefits to its ability to enhance learning outcomes and productivity. As the eLearning industry continues to evolve, we can expect to see even more innovative and impactful developments in the years to come.
What is your organization’s take on learning and development initiatives? Are you ready to amp up eLearning for your learners? Learn more about our custom development services and how you can create better learning experiences.
