Most corporate leaders are searching for information on the eLearning and LMS trends for 2020. Staying up-to-date and aligning your business with these trends will help you build more successful training for your employees and get the best ROI from your current LMS.
Here are a few powerful LMS trends that you’ll notice this year:
1. The demand for eLearning is experiencing rapid growth
Think eLearning is popular right now? Look to the future, where the global eLearning market will hit $325 billion by 2025. Just two years ago, the market reached $190 billion, and the market was estimated to reach $107 billion in 2015, so it’s easy to see the tremendous growth of the global eLearning industry.
“The rise in the adoption of technology-enabled teaching and training strategies is driving growth in the e-learning industry,” said Global Market Insights. “Some of the biggest emerging technologies in the industry include AR & VR devices, AI platforms, Big Data, machine learning, and wearable devices.” Staying up-to-date with these new technologies would help businesses offer cutting-edge training to employees and stay competitive in their respective industries.
2. eLearning content is changing
In the past, the primary focus of eLearning content has been on compliance and regulatory monitoring. However, the focus of eLearning content has changed over time. The focus is no longer primarily on compliance, but on leadership and work-life soft skills training.
This LMS trend is especially beneficial to learners as these skills are highly transferable and add weight to a resume. It is also beneficial for employers who are trying to minimize the considerable shortage of soft skills (a study reported by SHRM stated that at least 30% of job candidates do not have sufficient soft skills). By taking notice of this trend in eLearning content and the following suit, companies can narrow the soft skills gap.
3. Data analysis is becoming the most commonly used feature of LMS
According to the Learning Technologies Awards 2019 e-Magazine, 82% of L&D managers believe that reporting analytics is one of the most important features of LMS. This statistic points to the 2020 top LMS trend, which indicates that companies rely more heavily on LMS reports.
This trend was probably partly driven by the uptick of digital transformation initiatives last year. As of December 2019, 70% of companies had either a digital transformation strategy in place or were developing one, per Forbes.
Companies are becoming more data-driven, so the data needs to be accounted for. Just one-way organizations compensate for data is by using the data analytics function of their LMS more frequently. Companies who embrace this trend will be more organized and better able to handle the rapidly evolving digital world in the workplace, which eventually affects how corporate training is designed, delivered, and tracked.
4. Learning Management Systems: The adoption of emerging technologies to improve content delivery
Learning technologies, such as learning management systems, are constantly changing to better meet the needs of companies and their learners. LMS designers have enhanced the way eLearning systems deliver content to users by allowing LMS to implement emerging technologies that enhance content delivery.
Some of the newer LMS content delivery technologies we see and will continue to see include social learning, mobile learning, virtual reality, interactive video, and AI. This LMS trend promotes technology adoption, engagement, retention of knowledge, and transfer of skills.
For example, learners are 75% more likely to watch a video than to read a text, according to the Forrester Research Report, and smartphone users participating in a mobile learning study have completed their training 45% faster than computer learners, Lynda.com said. Companies that remain in line with this trend should reap similar benefits.
New LMS trends that result in improved training outcomes
LMS trends are evolving every year. Some changes are more radical than others, but they all affect corporate training as a whole and have an impact on the future of the LMS industry. Companies that recognize and adopt LMS trends will be able to deliver optimal training to their employees and will see better training outcomes.