Online learning has seen significant growth over the past decade, and it appears poised to accelerate that trend into the future. In fact, it’s expected that online learning platforms will grow into a $325 billion per year industry by 2025, driven largely by widescale adoption at companies, universities, and research institutions globally.
Initially viewed as a fringe or secondary tool for learning, online learning has built a stronger reputation over the past decade, thanks largely to advances in technology, better content, and an acceptance into the mainstream of education.
People (specifically employers) are starting to appreciate the benefits of e-learning both for employee wellbeing and growth, and the corresponding benefits to their bottom line. In fact, about 98% of surveyed companies in the United States have said that they intend to incorporate online learning by 2020.
The key differentiator for online learning is the fact that it can be accessed anywhere. And it turns traditional education and career paths on their head. Traditionally, a young professional would follow a linear path from formal education to work in that field, and then slowly climb the career ladder. Online learning allows for accelerated career growth driven by continuous learning, even after formal education is completed. And, it allows for re-tooling mid-career without the need to physically re-locate or quit a job. This is quickly creating a culture of continuous learning and growth in businesses worldwide.
Online learning is also gaining traction for continuous education in highly technical fields like medicine. As advances in medical procedures are discovered, online learning can be used to train doctors around the globe on these new, potentially life-saving procedures.
Innovative online learning companies like ADInstruments are breaking new ground in this area, taking material traditionally used for teaching in a lab setting and creating online anatomy labs that can be used in the classroom or as the basis for remote learning. These learning experiences can be customized and tracked to ensure that each professional is receiving the training they need to stay at the top of their game.