Welcome to the first edition of UMAMI E-learning Insider, Your go-to source for the latest trends, updates, and statistics in the e-learning Industry.
In this edition, we will provide you with the most compelling statistics that demonstrate the impact of e-Learning on businesses like yours!
Promise, your perception of adopting e-learning will completely change after reading those 7 statistics:
Let’s dive into the numbers:
📈 900%
Since the year 2000, the e-Learning industry has experienced a staggering 900% growth.
While this growth presents a wealth of options for online training solutions, it also poses a challenge in finding the right partner.
It’s time to look for a company that is committed to being your trusted partner, offering a comprehensive Learning Management System (LMS).
Source: Oxford College
📘 500%
An effective e-Learning program can cover 5 times the amount of material in 1 hour compared to traditional training methods.
Remember that training is a continuous process, not a one-time event.
Ongoing on-the-job training is essential to ensure practical application.
🔺250%
Corporate eLearning is predicted to increase by more than 250% by 2026
The size of the corporate eLearning market worldwide in 2017 was $14.23 billion. Experts estimate that this corporate segment will reach $49.87 billion by 2026 at a 15%CAGR.
Source: Business Wire
📊 80%
Did you know that approximately 80% of companies have already embraced online learning?
This widespread adoption is not surprising, considering the remarkable benefits it offers.
By implementing e-Learning, businesses can deliver a consistent message to their entire staff.
🔝42%
Did you know that companies incorporating e-learning into their training programs experience a whopping 42% increase in revenue?
This eye-opening statistic showcases the undeniable power of e-learning in driving tangible business outcomes.
Source: Codeless
✔️ 25-60%
Online learning produces 25–60% retention rates, whereas in-person training produces only 8–10%. Why?
E-learning offers learners greater autonomy over the process by letting them go back over material and pick up where they left off.
Source: Shift Learning
⏱️ 40-60%
Compared to traditional face-to-face training, e-Learning significantly reduces training time.
Research firm Deloitte estimates that companies can save 40-60% of training time.
With the ability to cover more content in less time, e-Learning enables flexibility in training completion.
At UMAMI E-Learning Solutions, we understand that the success of e-Learning depends on various factors, including employee engagement, high-quality course content, and an effective Learning Management System (LMS) to deliver perfect courses.
Stay tuned for more editions of UMAMI E-Learning Insider!
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