Elearning! April

2013

Elearning! Magazine: Building Smarter Companies via Learning & Workplace Technologies.

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>> creating adaptive learning models; and >> creating record stores of individuals learning experiences from multiple sources. DRIVERS OF GROWTH Technology is ever more present across job specifcations, which in turn creates the need for e-learning. Te number of jobs requiring technology skills is 50%; in the next decade that number increases to 77%. Percentage of jobs requiring a college degree is currently 80%. Ninety percent of the U.S.'s fastest growing jobs require some indication of mastery of critical knowledge, standards will become more universal. Employers will be able to access a far greater range of human resources with ubiquitous qualifcations. which is forecast to grow from $2.0 billion in 2012 to $7.4 billion in 2015. Games and simulation-based tools are expected to grow at a 37% CAGR until 2020. MOBILE LEARNING Te market for mobile education products in 2011 was $3.4 billion, and it grew to $4.4 billion in 2012. By 2020, the global market is projected to be $37.8 billion. Compound annual growth rate (CAGR) in North America was 31%, but due to the saturation in North America, that only ranks it fourth in the world. Other fast-growing regions for mobile education are emerging Asia-Pacifc nations (54%), Latin America (54%) and the Middle East and Africa (50%). LMSs In 2012, the global LMS market was valued at an astonishing $1.9 trillion. Te global LMS market is expected to grow at a 12.0% CAGR in 2013. LMS providers have seen increases in the number of customers with 1,000 employees and fewer (from 28 percent in 2009 to 34 percent in 2012), but a decrease in the number of customers with 10,000 or more employees (from 29 percent in 2009 to 24 percent in 2012). A European survey indicates that 75% of companies currently use e-learning to deliver training on core professional skills, health, safety and compliance. Te top fve LMS vendors boast an "audience" of 132 million users. Te next generation of LMSs are focusing on: >> how to manage learning over extended periods (work and academic); 90% of the fastest growing jobs require ...abilities in technology. Fully, 65% of today's gradeschoolers in U.S. will work in jobs yet to be created. skills and abilities in technology, and fully 65% of today's grade-schoolers in the U.S. will end up at jobs that haven't even been invented yet. E-learning will continue to expand as the next generation skills up for technology jobs. —Source: http://www.ibiscapital.co.uk/resources.aspx. A copy of the report can be requested by sending an email to corporatefnance@ibiscapital.co.uk. Smartphone shipments show a consistent 32% growth from 2010 to what is projected for 2015, and the number of smartphones per person is growing. Smartphone penetration rates highest with 18- to 34-year-olds. GAMES One of the fastest-growing segments of elearning is serious gaming and gamifcation Governement Elearning! April / May 2013 29

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