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As we move into 2021, the eLearning market is witnessing exceptional growth. The global eLearning market is projected to be worth $325 billion by 2025. Besides, inspired by the success of Udemy and Coursera, many startups are pursuing the idea of developing an eLearning app to make it successful in a short period. Image Source.
And after the 2020 pandemic, emerging technologies like AR, VR, AI are boldly paving their way to the education domain and bringing jaw-dropping transitions in the education sector by benefiting both the students and institutions. It is expected that elearning increase retention rates by 25% to 60%. Yes of course! billion by 2028.
From connecting with hundreds of team members worldwide via video calling to creating real-life simulations through virtual reality, the opportunities for transformative, highly effective training are endless. VR and AR learning also encourage competition among employees, as it requires teamwork and active participation.
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