E-Learning Statistics: Your Guide to succeed in 2024

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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