As we forge ahead into 2014, the elearning industry is certainly carrying some momentum. Last year was exciting on many fronts – from new technologies, new services, and tools. It is reasonable to expect an increased growth (and interest) in elearning for 2014.
For those of you looking for a little proof regarding the industry’s growth and promise, consider the 14 elearning facts below (originally shared by Aurion Learning).
Proof of Industry Strength & Growth
- The average age of someone who learns online is 34 years old.
- 82% of online learners are under graduates.
- 81% of online learners are employed.
- Over 40% of Fortune 500 companies are now using some form of educational technology.
- Companies that are using elearning tools and techniques have the potential to improve productivity of the employees by 50%.
- Every $1 spent on training results in up to $30 worth of productivity gains.
- A survey of HR Managers found that 12% listed “not enough training” as the top reason employees give for leaving an organization.
- Companies using elearning and on-the-job training generate 26% more revenue per employee.
- In 2011, it was estimated that 35.6 billion dollars was spent on self-paced elearning worldwide.
- Today, elearning is a 55.6 billion dollar industry, and it’s projected to double by the end of 2015.
- 72% of companies state that elearning helps them to keep up-to-date in their industry.
- Companies that have a strong learning culture have been shown to do better in their market compared to those who do not.
- Companies are 34% more able to respond to customer needs when they have a robust learning program.
- Companies are 46% more likely to be the leader in their industry with a robust learning program.
- Companies are 17% more likely to become the market share leader if they have a robust elearning program.