E-learning has been seeing a steady rise in recent times and it seems that 2014 will be a brighter year than ever before for it. Since e-learning has the ability to increase the rate of information retention by almost 60%, it is more effective as well as cost-efficient and also helps companies in keeping a tab on the changes taking place inside the industry allowing them to remain competitive.
In 2011, where $35.6 Billion were spent by people on self-learning methods, the year 2015 will see a double investment in the process.
Almost 4.6 colleges out of 10 have been providing courses online for students in 2013 but the number will increase making it almost half of all colleges to provide such courses.