Growth of the global eLearning market to predicted to rise by 11% by 2020. It’s expected to reach $398 billion by 2026. This will increase the level of investments in the corporate L&D industry. So, are you on the lookout for the latest trends for 2020? Do you want to remain ahead of your competition? Go through our list of the top 4 major eLearning trends. Read our blog article below to know how you can improve your productivity. Also, find out how you can, add value to your training and development programs.
Big data is about using the power of data from systems such as LMS, social media, etc. It helps to present and structure the data of learner experiences in a suitable format. This data could be course completion rates, learner progress, and test results, etc. Today 70% of L&D teams want to use data to create, evaluate, and provide better learning solutions.
Further, many companies are using Learning Analytics (LA) – a process to use big data to analyze online learning. It’s only because of big data analytics that personalized learning is being used as a powerful tool. It becomes easy to check if your employees face difficulties or make mistakes. It helps you to adapt your training strategies. And you can track the activities and performance of your employees. You can then use these insights to make necessary changes in your programs. Many companies are also using big data to understand their customers and provide them a useful learning path.
Learning experience platform (LXP)
LXP is a system of the future that encourages exploration and delivers self-directed learning with modern industry trends. It looks more like a media sharing site or a content provider. Such as YouTube and Netflix with AI-driven recommendations, mobile interfaces and panels. It offers content curation, social, and inclusive learning. It’s compatible with all types of content like videos, podcasts, etc.
Moreover, LXP facilitates user-generated content (UGC). It also gives badges and certificates on completing assessments. Hence you can use it to personalize learning to fit the unique needs of your employees. This can help you to get a higher ROI. Many of the largest companies have already entered the LXP market to deliver training. Many existing LMS providers have also started to introduce it into their existing systems.
Artificial intelligence (AI)
It’s making a big impact on L&D. And it will continue to improve personalized online training experiences. AI is like your virtual trainer that acts as a mentor for learners providing answers anytime, anywhere, on any device. AI also helps to make learning personalized and relevant with customized training paths. This is possible due to the algorithms used by AI to collect learner data such as their activities, interests, strengths, weaknesses, skills, etc. It also analyses the learner consumption patterns to make further recommendations. This leads to more engaged and effective training experiences.
It has been also seen that AI like chatbots/voice-enabled bots are being used by many companies to be like a virtual teacher. And why not? Its fast, accessible, effective and affordable. Moreover, AI-powered robot assistants can be easily integrated with a cloud LMS to teach learners at their homes and help them choose the right learning paths. Thus, AI is a trend to look forward to for improving your training experiences in 2020.
Augmented, virtual, and mixed reality (AR, VR, MR)
They remained popular in 2019 and will continue to remain so in 2020 as well. While still in their early stages, they have started to make a real impact. Many people are visual learners and prefer to get immersed in training. Through reality technologies, you can cater to the need of trainees who prefer immersive learning.
AR enhances/supplements existing training materials through graphics and images to deliver a high engaging immersive experience. VR uses elements like real interactions and 360-degree photos to bring theoretical knowledge into real implementation. Many Fortune 500 companies have introduced VR into their worker education programs. It’s used in military and medical fields. It's also used in group and internship training. With MR, your employees can connect with surroundings designed by both real and virtual worlds. They can also approach and control things to better understand how things work. As the cost and lead time to develop these immersive solutions decreases, many companies will start implementing them. And with niche VR/AR platforms and authoring tools like Adobe and Trivantis getting into VR solutions, the costs and lead time to develop these technologies are going down. Hence, as these high impact technologies get more affordable you will an increase in their adoption in 2020.
So, there you have it. All the main 4 eLearning trends that you need to watch out for to stay competitive and to deliver effective and impactful employee training. While there are also other upcoming trends like mobile, video, micro, social and game-based learning, the 4 trends listed above will dominate in 2020. We hope that this article has given you some useful insights into these emerging trends and how you can use them to enhance your training programs and maximize your return on investment (ROI).
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