PRESS INFORMATION ISSUED ON BEHALF OF:
Docebo
Via Toledo 156, 80134, Napoli (NA) - Italy
Phone: +39.039.2323286; Web:
http://www.docebo.com/
18th March 2014
Docebo Publishes Major Report on the State of the World's E-Learning
Market
Docebo publishes a report analyzing the worldwide e-learning market
and setting out the added value of e-learning initiatives.
Naples, Italy, March 18, 2014, Docebo (www.docebo.com), the global
e-learning solutions provider, has published the results of its
researches into the current worldwide e-learning market. Entitled
'E-Learning Market Trends & Forecast 2014 - 2016', the report aims
to help any decision maker needing facts and figures, statements and
arguments to prove to stakeholders the added value of e-learning
initiatives.
The report endorses the use of online learning technologies to:
- Keep workforces appraised of their job functions' developing
requirements, enabling them to make a positive impact within their
organization and help that organization achieve its aims and goals
- Aid succession planning, helping workers to acquire the knowledge
and skills to help them progress within their organization
- Allow organizations to keep training budgets under tighter
control, develop and retain existing employees and reduce the costs
related to external human resources recruitment, selection and
on-boarding
Ten highlights from the report are:
1. Within the training industry, the e-learning sector - and all its
subsectors (packaged content, platform, and authoring tools) - has
grown consistently in recent years.
2. There is universal agreement that the worldwide e-learning market
will show fast and significant growth over the next three years.
3. The worldwide market for self-paced e-learning, said to be
$35.6bn in 2011, is estimated to be growing, overall, at some 7.6% a
year.
4. According to recent regional studies, the Asian market is showing
the highest annual growth rate, at 17.3%; followed by Eastern
Europe, Africa, and Latin America at 16.9%, 15.2%, and 14.6%,
respectively.
5. The market for learning management systems (LMS) has exceeded
growth predictions in recent years, currently being worth some
$2.55bn worldwide.
6. Within the Cloud solutions universe - which is changing the way
organizations, employees and partners interact and collaborate -
Software-as-a-Service (SaaS) is playing a major role and is helping
to increase the size of the e-learning market
7. Surveys show that SaaS brings: speed of implementation; savings
on capital expenditures, and savings in terms of operational
expenses.
8. The corporate training market is among the most cyclical within
the education industry. Since 2010, employers' spending on training
and the amount spent per employee have been declining.
9. However, the corporate market related to outsourced services (net
of all ancillary costs) has grown to reach 42% of total expenditure.
10. With the inflow of an estimated $6bn of venture capital over the
past five years, e-learning is being driven not only by startup
dot-com entrepreneurs but also by big corporations, for-profit
spin-off ventures, as well as big and small universities.
Commenting on the report, Claudio Erba, Docebo's CEO, says: 'The
report shows that general budget constraints still appear to be the
main driver towards using e-learning. However, e-learning is also an
efficient and cost-effective solution when workers - especially
those in organizations with a widely geographically distributed
workforce - need to be brought up-to-speed quickly on relevant
knowledge and skills.
'The current speed of change means that employees need to be trained
continuously in order for companies to avoid the dangers of being
out-thought and out-maneuvered by competitors.
'We believe these training initiatives need to be monitored and
managed via a consistent and reliable tracking system - which can
cope with all the growing number of learning delivery devices now
being used, in line with today's Bring Your Own Device (BYOD) trend.
'This system's data can be stored, consulted and analyzed as
required - being used for such things as management reports on
productivity and for assessing individuals' career advancement.'
The Docebo report, 'E-Learning Market Trends & Forecast 2014 -
2016', is available, download it here
for free.
About Docebo
Docebo is a disruptive Cloud E-Learning solutions provider that is
revolutionizing the online training market with its Software as a
Service Learning Management System. Established in 2005, Docebo has
over 28,000 installations worldwide, and is sold in more than 65
countries around the world. The Docebo LMS offers an enterprise
solution for mid-sized to large organizations. Customers benefit
from Docebo solutions thanks to a scalable pricing model, a third
party integration (via API), and reliable service available 24/7 to
further enhance the user experience.
For more information, visit www.Docebo.com, contact Dario De Angelis
at +39 039.2323286 or email
press@docebo.com