Even before the coronavirus pandemic, the e-learning industry was expanding at a steady pace. But now, the closure of most businesses and educational institutions has led to explosive growth as more and more organizations are investing in virtual learning experiences.
The e-learning industry is expected to grow in the coming years – the market size is set to exceed USD 375 billion by 2026, according to a new research report by Global Market Insights. Our client Pearson comes from this domain. Like in all industries, there are dominating models that are shaping its development.
Here are some tendencies shaping e-learning industry:
1. Learning Experience Platforms
A Learning Experience Platform (LEP/LXP) is a cloud offering that focuses on delivering a personalized learner experience – one that goes beyond the traditional Learning Management System (LMS). Learning Experience Platforms typically function as a curation and content aggregation layer between an organization’s internal digital learning assets, the vast amount of external content available on the Internet, and user generated content.
Many companies will use this new platform to enable self-directed learning to meet the updated standards of the e-learning industry.
2. Bigger Big Data Analytics
Big data analytics has allowed creators of educational content to cater to individual learners’ needs.
It is expected that this trend is going to explode in growth and allow companies and other institutions to increase their training ROI by gathering relevant information of their learners’ experiences so they can present them with suitable training formats.
3. Artificial Intelligence Tutors
The introduction of Artificial Intelligence instructors can help in the creation of highly customized training paths through the use of data analysis. Students can have personalized tutors helping them in their online training. These teachers will be available 24/7 and easily accessible on any device. With the integration of Artificial Intelligence, there will be smoother interaction between students and AI teachers for an overall improved online training experience.
4. AR, VR, and MR
In the coming era, learners can expect a better learning experience through the introduction of AR, VR, and MR. A large portion of learners prefers to have information displayed as opposed to reading. For these students, Augmented Reality, Virtual Reality, and Mixed Reality will serve as an effective method of helping them achieve their full potential.
5. User-Generated Content
User-Generated Content, or UGC, is a trend that has already been implemented by many large companies. There has already been a marked drop in companies’ use of external suppliers for creating bespoke e-learning content, and it is expected that we will see this democratic approach to learning and sharing knowledge being used on a larger scale to deliver enhanced training.
Author: enjoy.ing team
