Study: E-learning to decline in next 5 years
- E-learning systems revenues in the United States and China are expected to drop by more than $6 billion annually, according to a new study.
- The data from the survey is tied to reporting from financial education technology companies and publishers, and suggests that companies using the modules are reducing their usage of the technology and materials.
- The survey does not account for comparable growth models in gamification and mobile technology.
The revenue projections could have some parallels with learning modules in higher education, specifically, MOOCs and competency-based education systems for self-learning and assessment. But corporate training may continue to embrace e-learning models. While time to completion and proving proficiency are a part of college requirements for degrees, professional training can be a longer, more self-driven process with less oversight.
- Campus Technology Global E-Learning market in steep decline, report says