Elearning first sprung to life in the 1990s as a method to augment face-to-face learning. Over the decades, elearning has metamorphosed into a trendy approach that outshines the method it was initially designed to support. Numerous technology, workplace, and elearning trends have driven profound changes, ultimately aggravating the waning fortunes of instructor-led training.
There is no doubt; the benefits of elearning significantly outweigh those of instructor-led employee training. For example, elearning is flexible, cost-effective, convenient, time-saving, and it’s suitable for tech-savvy millennials and Gen Zers.
In this post, we’ve culled the latest elearning trends to help you understand how the ground is shifting. Understanding these will enable you to execute training delivery for effective employee development. Besides, it will help you tweak your employee training strategies to reach the desired return on investment.
Did you know that the first computerized training course was developed in the 1960s? Yes, this is true. However, it was not until the dawn of the internet (in the 1990s) that the elearning sector started to blossom. And since then, elearning industry revenue has been on an upward trajectory. In fact, since the turn of the century, elearning revenue has risen by 900%, and the speed of growth isn’t showing signs of letting up any soon.
So, what has compelled the exponential growth of elearning?
The first and most apparent reason why elearning is growing fast is digitization. The rapid growth of digital connectivity, information, and devices has given elearning the momentum it needs to remain afloat. Also, the inherent cost-effectiveness and flexibility of elearning have been driving market growth. Additionally, there is a burgeoning comprehension of just how significant elearning is to corporate training.
For example, organizations have realized that using the best elearning software tools can increase productivity by 30%. Not just that, elearning boosts employee engagement by 18%, and it typically requires up to 60% less employee time. Most importantly, elearning has better knowledge retention rates (up to 60%) compared with face-to-face training. These and other benefits have been too enticing to ignore. It’s hardly surprising, for example, that 77% of US organizations utilized elearning systems in 2017.
Benefits of of Elearning in Corporate Training
The elearning industry has benefited greatly from changing learning habits, the rise of the multigenerational workforce, and the advent of the gig economy. The following elearning trends and predictions for 2020 will help you transform your learning and development to satisfy the needs of the modern workforce.
- Mobile Learning
Mobility has become an indispensable part of daily life for billions of people. To illustrate, in 2019, there are over 6.8 billion mobile users, and the number is set to reach 7 billion by 2021. To put this in perspective, in 2019, the world population was 7.7 billion. This means that nearly everyone (89%) uses a mobile device.
As the number of mobile users grows, more and more people are developing a strong liking for mobile learning. 99% of mobile learners claim that mobile learning enhances their experience. Also, 67% of people access learning through mobile devices. As this happens, enterprises are making mobile learning part of their learning and development strategy.
Mobile learning is reaching maturity. It comes as no surprise, then, that in 2019, there was a proliferation of mobile learning solutions that mimicked desktop versions. We’ve not seen the best of mobile learning, but already we are mesmerized by the transformative power of mobile technology.
Mobile learning has delivered multiple benefits. For example, mobile learning allows learners to consume content when and where they want. Also, it helps instructors to monitor the learner’s performance closely. We believe that the benefits of mobile learning, like accessibility and flexibility, will keep this elearning trend blazing in 2020. So, do not be surprised if mobile technology merges with immersive technologies to deliver high-impact learning materials.
Courtesy of Finance Online