eLearning Blog

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eLearning Market Growth

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The global eLearning market is projected to reach $107.3 billion by the year 2015, driven by its benefits in the form of reduction in operational costs, flexibility in learning activities, and simplified training programs. The need to address the training and learning requirements of globally dispersed workforce is also driving the demand for eLearning programs.

The eLearning market is among the most rapidly growing sectors in the worldwide education and training industry. eLearning holds an edge over other computer-based training initiatives due to its ability to lower costs by centralizing content, reduce logistics costs, facilitate persistent storage, and enable uniformity in content delivery. Continuous developments over the years have allowed eLearning to emerge as a critical medium for learning, allowing companies to lower recurring costs. eLearning also offers additional qualitative benefits, unlike conventional methods, in the form of anytime, anywhere learning, access to worldwide mentoring resources for maximum skill development, administration and control of training calendar from several locations.

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