Online education is rapidly increasing, providing users the opportunity to learn from any location in the world. Any company may use e-learning software to train employees with text, audio, and video content, immersive environments, gamification, and personalization.
Universities and colleges have followed this trend, making numerous courses and programs accessible for students all over the world. According to Forbes, the global e-learning market size is estimated to hit $325 billion in 2025, rising from $165.36 billion in 2014. In this article, we listed online education trends for you.
1. Online Learning Software
The application and use of online training platforms are fast-growing, Fortune BU analysts say that the demand for the LMS could hit $29 billion by 2026 and expand at a 19.1 percent CAGR.
The world’s e-learning industry is expected to exceed $243 billion by 2022, according to Statist. The COVID-19 pandemic also triggers rapid acceptance of e-learning solutions. Because people were forced to remain in their homes to prevent diseases from spreading and prevent chances of infection, worldwide schools and universities have moved to online education.
2. Corporate e-learning Programs
It is noted that Business Wire will hit more than $38 billion by 2024 and more than $50 billion by 2026 throughout the world. As online learning consumes between 40% and 60% less time than conventional learning, many companies migrate to this model. In contrast to just 4 percent in 1995, KPMG notes that 90% of large businesses now use online training tools.
E-learning solutions for business are becoming increasingly common to minimize costs and improve productivity. Online education classes may provide training in various fields.
3. Artificial Intelligence
The world’s education AI is predicted to rise by 47 percent from 2018 to 2023 to 3.68 billion by 2023 (MarketsandMarkets). Artificial intelligence is one of the key developments in online education tools between 2021 and 2025 with several advancements.
AI will provide students with the requested information and answer questions 24/7 as a mentor—a virtual facilitator with AI-enabled. You may add a chatbot that plays the role of persons and characters to help users acquire information quicker when creating a smartphone or web application.
4. Mixed Reality
One of the greatest developments in e-learning platforms for the next few years is mixed reality (MR). It creates interactive, educational user experiences that blend virtual reality (VR), augmented reality (AR). This is particularly useful if visual content is perceived better than textual content.
There are several cases of VR and AR in various fields. Students may use smartphones or online apps to research the human body in healthcare. You may use electronic learning tools to imagine a chemical bond structure and materials to teach chemistry.
5. Certification & Accreditation
The International Standard Organization ISO issued a new Education-related standard. ISO 29994 is the new standard for distant learning. While this standard cannot be certified or accredited , there are however other standards for accreditation like Education & Training providers’s accreditation as per ASTM E2659 or certification for the Management Systems for Educational Organization Certification ISO 21001:2018. These accreditation and certifications allow training institutions including schools and universities to prove their competency levels as per the international standards.
The process includes an assessment of the organizational structure, equipment, personnel, curricula, product creation, and administration of the training providers. The accreditation process involves an evaluation of the training providers’ corporate structure, facilities, staffing, curriculum, product development, and administration.
Such accreditation provides training and educational institutions with more credibility and greater satisfaction for their stakeholders, trainers and students. The pursuit of such accreditation has become very common especially amid Covid19’s outbreak.