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Top 10 e-Learning Statistics for 2014

Time saved participants web knowledge cost-efficient technology education 5 traditional 10eLearning STATISTICS FOR 2014 management software Eco-Friendly method self-paced information Effective create Keep-Up-To-Date content support internet computer Productivity Opportunities work n The rise in eLearning's popularity isn't showing any signs of slowing. In fact, judging by the following Top 10 elearning statistics for 2014, the future of the eLearning Industry is brighter than ever: (D e-Learning industry Money spent on self-paced $56.2 it's going elearning across the globe. billion to double by 2015. $35.6 billion 2011 2013 2015 2) Corporations now report that eLearning is the second most valuable training method that they use. At least 50% saved when businesses elearning cuts down replace traditional instructor-based instruction time training with eLearning. by up to 60% 3 2013: About 4.6 out of ten college students* are taking at least one course online. 2019: Roughly half of all college classes* will be eLearning-based. eLearning is Eco-Friendly (1) ENERGY EMISSIONS Consumes 90%|less The amount of CO2 emissions (per student) is energy than traditional education courses. CO2 also reduced by up to 85%. Over 41.7%Jof global Fortune 500 companies now use some - form of technology to instruct employees during formal learning hours, and this is going to steadily increase in future years. USAGE Self-paced eLearning's estimated 5 year annual growth rate* Asia: 17.3% Western Europe: 5.8% Revenues by 2015: Middle East: 8.2% Revenues by 2016: $560.7 million $8.1 billion Africa: 15.4% Revenues by 2016: $512.8 million The world's most rapidly growing eLearning markets are: Malaysia and Vietnam. (7) Companies who utilize eLearning tools and strategies have the potential to boost productivity by up to 50%|e) (2) For every $1 that company spends, it's estimated that they can receive $30 worth of productivity. |eLearning has the power to increase information retention rates by up to 60%) That means that, not only is eLearning more cost efficient, but also it's also more effective (in terms of how much knowledge is truly acquired during the learning process). Nearly 25% of all employees* Companies who do offer eLearning and on-the-job leave their job because there simply aren't enough training or learning opportunities. training generate about 26% REVENUES more revenue per employee*. 10 72% of companies who were included in a recent survey stated that eLearning helps them to keep up-to-date with changes in their industry, which helps them to remain competitive within their niche.4) Companies and organizations that did have a strong learning culture did better in their market than those who do not. For example: -These organizations 34%lincrease in their ability to respond to the 17% more likely to are 46% more like become the market to be the leader in needs of the customer share leader. their industry (*) Estimated (1) Recent studies conducted by Britain's Open University (2) According to a report released by IBM (3) According to a recent study conducted by The Research Institute of America (4) In a study conducted by Bersin & Associates Sources: WWW Courtesy of: eLearning INDUSTRY facebook. twitter @elearnindustry The leading source on all things eLearning online

Top 10 e-Learning Statistics for 2014

shared by cpappas on Dec 20
The rise in e-Learning's popularity isn't showing any signs of slowing. In fact, judging by the following Top 10 eLearning statistics for 2014 article and infographic, the future of the e-Learning Ind...




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