E-Learning Statistics

‘’The students of the future will demand the learning support that is appropriate for their situation or context. Nothing more, nothing less.’’

E-Learning Statistics

E-learning, as the name suggests is the learning system that is taught with the help of electronic resources, however, teaching can be either based in or out of the classrooms, but the major components are the internet and the use of computers. If we had used this term one or two decades back, no one would have believed in this type of experiential learning and development.

But after the inception of mobile internet and broadband, the entire curriculum has been brought under one roof with the help of eLearning solutions. This industry has been among the fastest growing industries and if statistics are to be believed since 2000, the industry growth rate has been 900 pc.

As the entire world has been engulfed by the COVID-19 pandemic, which has forced us to bring both our education and work from home, we need to get connected to the outside world. As per the stats e-learning market is expected to reach approximately $350 Billion by 2026 which was just $160 Billion in 2018. Most of the modules of e-learning are based on self-paced learning and most of the learning consultants agree that the model of SPL helps students a lot in self-studying. This also helps the learners in their constant quest to upgrade their knowledge base with the help of online training.

With the kind of situation the world is in, online learning platforms are going to be the major source of education as this brings the entire library of books under one roof. E-learning is also helpful with youngsters as their attention span is decreasing day by day. Knowledge on online portals are preferred way of teaching by students as the material is visual which is an easy way of remembering content for most of us. As every coin has two sides, so does this.

The advantages include saving money and time, helping in better memory retention, helping in personalized learning, being cost-effective, and being environment friendly. But at the same time, it lacks social interaction, is inaccessible to peers, requires self-motivation, and is more theoretical in its approach.

There is no debate on whether this is an ideal way of learning or not, but no prizes for guessing this is definitely going to be the next boom in the education industry and is here to stay, for longer than we can think.