The future of e-Learning
- Rajesh Thambala
The appetite for e-learning is growing on a
global scale. By 2015, Asia will account for the second highest expenditures
after North America. Eastern Europe, the Middle East, and Africa represent
significant long-term revenue opportunities.
Online
learning, e-learning, learning technologies, educational technologies, digital
learning, or whatever you call it, will continue to grow and grow,
become more prevalent, and more a central part of teaching and learning in
higher education.
North America
North American eLearning market to reach $27.2 billion by 2016, the biggest consumers, in 2011 North America accounted for 61.7% of the total worldwide eLearning market. The growth rate for cloud-based authoring tools and learning platforms in North America is 9.0%, which is more than twice the growth rate for all products combined, and the highest growth rate of all products in North America. Corporate are still top buyers, will see the academic buyers emerge as top buyers in next five years and demand for eLearning solutions will continue to grow.
Latin America
The growth rate for eLearning products and services in Latin America is 14.6% and revenues will nearly double from $1.16 billion to $2.29 billion by 2016. The growth rate for cloud-based authoring tools and learning platforms in Latin America is 22.0% and there is a surge in demand for cloud-based authoring tools and platforms.
India
E-learning
market in India was valued at INR 18.41 tr in 2010-11 and is expected to grow
at a CAGR of 20%. Increasing internet penetration, low existing coverage and
rising demand are expected to develop this market strongly in the near future.
This sector has attracted large investments and is slated to lead to strong
growth opportunities for the education sector.
“The global market size for
eLearning is predicted to grow more than double by 2017 at CAGR of 23%”
Key revenue drivers of eLearning
Higher Ed eLearning is major
market revenue generator in eLearning industry today and will exhibit the same
pace and grow 25% CAGR till 2017. K-12 (Primary and secondary education)
eLearning will grow at a CAGR of 33% in between 2012 – 2017.
Corporate eLearning is the third
contributor where in the CAGR has been predicted at 8% in between 2012 – 2017
contributing from $25.5B to $37.5 B.
According to the LinkedIn analytics report the eLearning industry is ont he growth path and will conitnue.The below diagram shows that
eLearning industry is in the growing side where in future volume of employment
growth will be more. As the penetration and adoptability of this industry in
the market is high at all levels (Primary, secondary, higher education,
corporate learning, private learning etc...),
The Big Picture
The visualization begins by
looking at some familiar technologies: tablet computers, interactive
whiteboards, digital projectors, educational games, video-based lessons,
e-learning, and open courseware. These tools and innovations are then linked to
larger trends in the field such as "Digitized Classrooms,"
"Gamification," and the "Opening of Information."
There is also an increasing
recognition of the importance of informal learning. With the easy availability
of new social media tools, individuals are already managing their informal
learning. This trend is only likely to catch up more in the future as the users
increasingly search for and access learning resources freely available on the
web, such as, podcasts, videos, and blogs, whenever needed.
- Learning becomes more individualized and connected through technologies that allow students to manipulate the variables of reality and that adapt to their learning needs.
- By mid-2030s physical schools will have been replaced by studios and virtual teaching. These "Virtual/Physical Studios" rely on technology to provide a hybrid version of education that optimizes the process by, "Bridging the online-offline gap, offering a potential future where embodiment is secondary to information access"
- By 2040, through a reliance on these hybrid models and a focus on project-based learning and portfolio-based assessment, "education becomes a continuous, interconnected effort, allowing students to cope with a perpetually changing world.
- The future of e learning seems brighter with the concept of blended learning where e learning will be mixed with the practical or classroom based education.
- Gesture control, voice recognition, built in Skype and retina recognition could be utilized to suit learning objectives.
Model
for the future of educational technology is the plethora of very specific tools
and developments that it includes. While there are no specific details given
for any of the technologies mentioned, but here are the most fascinating with
some speculation about what they may actually look like and how they would
impact learning:
2020
S2S teaching platforms (2020): The concept aligns nicely with learning models which propose that students learn better and retain more when they actively teach one another. It plays on the concept of mixed age and ability classrooms and makes use of the individualization of learning to connect students with peers who they can mentor or teach.
S2S teaching platforms (2020): The concept aligns nicely with learning models which propose that students learn better and retain more when they actively teach one another. It plays on the concept of mixed age and ability classrooms and makes use of the individualization of learning to connect students with peers who they can mentor or teach.
2030
2040
Neuro-informatics (2040): Though the current state of the field is far removed from the 2040 applications projected, neuro-informatics will allows understanding the functioning of the human brain to such a significant degree that learning can be optimized for an individual’s specific brain structure. It is possible that Matrix-like technology will be developed that allows knowledge or information to be uploaded directly to the human brain without the need for any system of education.
Mobile Learning
The
mobile ecosystem – devices, carriers, app markets, etc. – has become the
fastest-growing industry ever seen. The number of smartphones sold in the US
now exceeds the number of the sales of standard phones; almost 98% of people
have a mobile device. More people are using mobile devices than computers to
access the Internet. Unlike a PC or even a laptop, this is an education opportunity
they take with them wherever they go.
Conclusion
Today’s next-generation e-learning has been
recognized as a cost effective, efficient and effective training delivery
method. Future e-learning encompasses the use of Internet technologies for
learning, including both formal (e.g., virtual classrooms) and informal
learning (self-paced instruction) by using different applications such as
user-generated content, web and computer-based learning and digital
collaboration. The rapid increasing in number of internet users on smartphones and
tablets fueling this market is one of the reasons.
On a business perspective the future of
e-learning offers a multitude of business benefits and ways to improve the
organizational learning function and environment. Going forward, for the
learner and for the organization, the critical metrics will include outcomes
delivered in shortened timescales, reduced budgets with reduced
time-to-proficiency for new hires as organizations start to grow again. Also
expected to see increased growth of the use of story-telling – both dramatised
and documentary to make learning more “real and personal” to improve both
performance and behaviors.
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