Some Important E-Learning Stats
- In contrast to one-on-one tutoring, which has a retention rate of 8% to 10%, e-learning improves the learner’s retention rate from 25% to 60%.
- Online training is used for compliance training by 28% of businesses.
- Since 2000, the e-learning sector’s revenues have increased by almost 900%. And by 2025, it’s predicted to quadruple.
- The market for MOOCs (Massive Open Online Courses) was worth $5.16 billion in 2019. By 2025, this amount is anticipated to reach $21.14 billion.
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Why Go For Custom E-Learning App Development?
Custom e-Learning App Development offers many benefits over off-the-shelf apps, as mentioned below.Unlike off-the-shelf e-Learning Apps, custom e-Learning apps are developed with a specific audience in mind and give users complete control over the App. Creating a custom e-learning app is a cost-effective solution as it involves only a one-time fee, whereas ready-made e-learning apps are based on a subscription model with long-term cost implications. In the case of off-the-shelf e-Learning Apps, the development company or the developer retains the App’s ownership. In the case of custom-developed e-learning apps, the client owns the App and the code. The most significant benefit of custom e-Learning apps is that they are highly customized to suit the end user’s specific requirements, which the ready-made App may need to improve.
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