11 (More) Random ELearning Facts You Should Know
Wherever you look on the internet, you will see the latest and greatest facts about elearning, its benefits, how it can be used, and who is using it. The ability for elearning to save time and money is the the least kept secret in business.
Yet there are still companies who have yet to implement a modern elearning program.
There could be a variety of reasons for this, but most likely it is just a lack of education on the matter. They have heard about it, but they don’t really know about it.
Educating organizations about the elearning industry is an ongoing task. As such, in the event that someone stumbles upon this article while researching elearning, I have included 11 more random elearning facts below (as originally shared by 24x7learning.com).
11 Random ELearning Facts
- The term “elearning” first was coined in 1998
- The elearning market has grown 900% since the year 2000
- Roughly 77% of American corporations were using some form of online learning in 2012
- The current size of the elearning market is $56.2 billion (expected to double before 2015)
- The elearning market is growing at 20% per year in Asia
- The elearning market is growing at 35% in India, Thailand, Philippines, and China
- There are roughly 4.6 million students taking at least one online class
- About 18.6 million students are predicted to take at least one class online by 2014
- An estimated 50% of all classes will be online by 2019
- 85 cents of every dollar is tied up in delivery of information (instructor time, travel, etc.)
- 23% of employees leave a job because of lack of opportunity and training
The trend is quite apparent: elearning is here to stay and it is growing quite quickly. New APIs, programs, and tools make delivering elearning quite painless. It will undoubtedly continue to gain influence in both the educational and corporate sectors.