The number of companies using e-learning is increasing with each passing day. A study by Research and Markets predicts the global e-learning market will grow at a CAGR of 17.81% during the period 2016-2020.
Let us now look at a few interesting statistics about online learning.
1. Online courses help people learn fastToday’s companies want their people to learn fast to meet the vagaries of a highly dynamic business environment, and e-learning is perfectly suited to meet this requirement.
A Brandon-Hall Study revealed learning online typically requires 40% to 60% less employee time than learning the same subject in a traditional classroom setting. For instance, when IBM implemented an e-learning program in their company, its employees learned five times more without increasing their time spent in training.
Tags: eLearning Design • Online Learning