5 Amazing Statistics linked to the e-learning industry

Technology has revolutionized the educational landscape in a way that could not have been imagined before. The scope and rate at which e-learning spreads its wings around the world tells us that lectures and seminars will never be the same. The ad hoc approach and focused teaching have overshadowed the old teaching procedures and made them obsolete.

'The reasonable combination of low cost, high comfort and accessibility transforms online education into the dominant global educational force of the century.'

No wonder the growing collection of e-learning files is being utilized by companies, government agencies and individuals, in many ways. Contemporary trainers and trainers have a digital toolbox at their disposal, making it easier for them to transfer knowledge.

They also receive data on the performance of individual students and can use it to identify areas of improvement, making the process more effective and effortless at the same time.

While the recent changes in our learning patterns are very clear around us, they still do not tell us how precise the exact size of the field thrives. In order to determine the enormous impact of online training on the current economy, let's take a look at some mind-boggling e-learning statistics in order to measure well.

By 2025, the global e-learning market is expected to reach $325 billion

To put this huge figure in perspective, it is useful to know that this figure reached $165.36 billion in 2014. It is known that the demand for online learning increases with the passage of each day, so it makes perfect sense that the market value will double in a decade.

Moreover, the ever-growing industry needs to train more people at lower costs and the fact that learning through internet portals is more convenient than the blackboard classes that drive the market value of e-learning to the stratosphere.

E-learning reduces CO2 by more than 85% and reduces energy consumption by 90%

It has been documented several times that online learning provides greener than the traditional face-to-face method. It has emerged as an unlikely pillar in the planet's struggle against global warming. For large companies and educational institutions by permanently adopting e-learning procedures, a significant contribution to making the land a healthy place of existence.

Also, the costs of implementing online learning in the enterprise ecosystem are less expensive compared to offline methods, making this situation profitable for both the provider and the student.