Join our New Free Online Course – How to Win New Clients :http://bit.ly/Companyinteriorsacademy
New Online Course will be aimed at the Interior Designers Market as traditionally creative people are often uncomfortable with the more scientific aspects that are marketing and sales.
That doesn’t have to be the case anymore but online courses are helping with this as self education is a large and growing market place. Its actually estimated to be worth 318 Billion.
E-Learning is the future. Market research firm Global Industry Analysts projected “E Learning” would reach $107 Billion in 2015 and it did. Now, Research and Markets forecasts show triple the revenue of 2015 – e-learning will grow to $325 Billion by 2025.
UPDATE: If you are looking to level-up on your own skills, read: How to Access Online Training Videos via Lynda LinkedIn Learning For Free.
In my post, Online Learning Industry Poised for $107 Billion In 2015, I looked at how online learning, also known as “e-learning,” was booming. In ten years, what would have changed that could account for that kind of meteoric growth?
First, some “E Learning” trends and statistics:
Global E-Learning market to Reach $325 billion by 2025 (Research and Markets) from $107 Billion in 2015 (Forbes).
In 2013, Lynda.com, the online learning giant and arguably the 800-pound gorilla in the e-learning space, had just accepted $103 million in venture funds. Two years later, in 2015, they were acquired by LinkedIn for $1.5 Billion. It is now called LinkedIn Learning. I think this acquisition and the trends within hiring, workplace skills, and training are a big reason why we are seeing these revenue projections. People need to keep learning to succeed (or just stay afloat) in these times.
Online Courses Made $46 Billion Last Year. This post by Len Markidan is one of the best compilations I have found anywhere, particularly if you are interested in the idea of building and offering your own e-learning course to others. Go read it.
UF Canvas LMS e-learning platform access page
UF Canvas UF CANVAS LMS SCREENSHOT BY TJ MCCUE
When I researched E-Learning this year, higher education sites were frequently in the search results. The University of Florida, specifically UF Canvas, repeatedly popped up. I could never figure out precisely why, but they are big users of the Canvas LMS (mentioned below), so my assumption is their enthusiasm for e-learning in addition to having many students using and linking to the platform causes it to show up more prominently.
Right on the UF Canvas home page is a link for using Lynda.com – which shows me that college students are finding Lynda.com’s practical teaching approach is working and useful (now LinkedIn Learning). Plus, you can access both of these learning platforms from anywhere. Indeed, as more students go through school using robust learning platforms, their expectation for lifelong continued learning opportunities will only increase. Corporations are taking note and the Learning Management Systems, at least two in this post, have created corporate/training-oriented products.
Quick note: If you are no longer a college or university student and do not want to subscribe to the LinkedIn Learning program, many public libraries have become Lynda.com subscribers and you can access the service for free with your library card, a tremendous deal. LINK
This brings me briefly to the PCMag.com review of Learning Management Systems (for education) with four earning the Editors’ Choice award:
Absorb LMS
Schoology LMS
Instructure Canvas LMS is for education, but their corporate, HR-type offering is called Instructure Bridge.
Moodle LMS for education. Corporate and training – they offer Moodle Workplace
In a recent State of Higher Ed LMS Market for US and Canada report (Fall 2017), 87 percent of institutions and 91 percent of student enrollments rely upon Blackboard, Canvas, Moodle, or D2L Brightspace, but the PCMag reviews showed a different four winning the Editors’ Choice awards (above bullet points). Blackboard remains the most popular LMS (28 percent of institutions and 37 percent of enrollments), Canvas is hot on its heels, accounting for 21 percent of institutions (up from 17 the previous year) and 27 percent of enrollments.
As noted above in my research, where I kept finding UF Canvas, it is no wonder that these public-facing platforms are ever-present. PC Mag’s William Fenton goes on to share that each of these platforms has millions of users. He cites a CNBC report where half of all U.S. high school students use Quizlet.
E-Learning Industry Growth and Trends continued
In fact, other PCMag analysts are mentioned for their work in reviewing online platforms to help you learn another language, learn to code, or train your employees.
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