The top e-learning stats for 2014
11th April 2014
Here are the top e-learning statistics for 2014, as collated by eLearning Industry
Worldwide the e-learning industry is estimated to have grown from $35.6 billion in 2011, to $56.2 billion in 2014, and is forecast to double by 2015.
- Companies are reporting that e-learning has become the second most valuable training method used, which is unsurprising considering that businesses can save over 50% by using an e-learning course instead of a traditional tutor led one.
- It’s estimated that by 2019, half of all university classes will be based upon e-learning.
- E-learning uses 90% less energy than a traditional course, making it very environmentally friendly; the amount of CO2 emissions per student is reduced by 85%.
- There is rapid growth in the e-learning markets of Malaysia and Vietnam, with an estimated 5 year annual growth rate of 17.3% in the Asian e-learning market.
- Companies who use e-learning tools could potentially boost their productivity by as much as 50%, as seen by an IBM report.
- E-learning has the potential to increase retention of information by up to 60%.
- Nearly 25% of employees leave jobs because there is not enough room for training or development, whilst companies who offer e-learning are able to generate 26% more revenue per employee.
- A recent survey has found that 72% of companies used e-learning to keep them up to date with their industry, allowing them to hold their own in a competitive market.
If you want to find out more about how online training can help benefit you, contact OCB Media today on 0116 285 5993.
- 1E-learning helps double rates of core skills training at University Hospitals of Leicester NHS Trust
27th February 2015
- 2UK’s e-learning market is largest in Europe
11th August 2014
- 3E-learning in the pharmaceutical industry – what does the future hold?
4th August 2014
- 4Latest version of National Early Warning Score training launched to help set standards across NHS
15th April 2015
- 5GP recruitment branded ‘crazy’ by NHS chief
7th October 2014