Top 10 Statistics about the eLearning Market 2013

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Screen Shot 2013-05-01 at 4.53.40 AM1. eLearning is a $56.2 Billion business and is likely to double in size before 2015.

2. The U.S. and Europe utilize 70% of the world’s eLearning, but Asia Pacific is gaining ground.

3. The fastest growing eLearning markets are Vietnam and Malaysia.

4. 7% of American Corporations use online learning.

5. 72% of companies surveyed, report that eLearning keeps them on top of their industry changes.

6. In 2011, 51% of companies did at least one training session with eLearning to more than 50% of their employees.

7. Corporations save 50-70% when they replace instructor-based training with eLearning.

8. eLearning classes are generally 25-60% shorter in duration than traditional classes.

9. 23% of employees leave their jobs because the position lacks opportunity for development and training.

10. Online education is proven to increase knowledge retention by 25-60%.

Source: certifyme.net

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