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The ever-growing popularity of Online Courses
Online learning is among the top trends that have picked up swiftly in this digital age. Its growth is tremendous and not showing any signs of relapsing. Commonly referred to as e-learning, this type of distance learning does not occur in the conventional classroom where a physical teacher moderates and regulates information.
- The Online Education market size is expected to exceed $9.1 bn in 2024
- The Online Education industry market size is expected to increase by 8.5 %
- Market size has grown year on year from 2018 -2023 by 4 % per annum
- At least 60% of internet users have indulged in online learning. This is because they can comfortably do it at the comfort of their time and place.
- 80% of companies and 50% of institutional students have used an e-learning platform.
- E-learning takes 40% to 60% lesser time for employees and students than conventional learning.
Why study online
One big learning advantage are the instantaneous feedback loops inside the platforms. This also offers more reserved students the opportunity to participate in class discussions more easily than face-to-face class sessions.
Another big advantage is also time. People can arrange their schedules according to their convenience and this enables them to scale themselves. This represents a huge opportunity for students to increase their knowledge assets rapidly.
The cost structure of online learning is another factor for the rapid growth of the market. Online courses prove a more affordable option than traditional ones and there are no commuting costs, and sometimes required course materials, such as textbooks, are available online at no cost.
Online learning has many benefits. One of the biggest advantages is flexibility. Students can learn at their own pace and easily balance their studies with outside life commitments.
It’s clear form recent trends that online learning will replace classroom based learning in the mid to long term. Mobile platforms provide much greater accessibility along with personalised and innovative content to stimulate learning. Soon we will also see further moves to VR/AR elements as part of online learning engagement.
Oz Learn consultants can help you access free online accredited courses so that you can start any time you’re ready to access further education.
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