eLearning and the Localization Industry — Size and State

Track: Global Business | GB7 |
Wednesday, October 20, 2021, 4:45pm – 5:30pm
Held in: Jujama
Rucha L. Sheth - Nimdzi Insights

The eLearning market size is set to exceed $375 billion USD by 2026. The growing demand for technology-enabled teaching and training, and the rapid adoption of advanced cloud technology has created the flexibility of learning from virtual classrooms which in turn is propelling the market demand for remote learning or eLearning. While many industries suffered due to the pandemic, it has positively impacted the eLearning market with an increasing number of organizations switching to virtual learning and teaching experiences. Many organizations and institutions have taken this opportunity to continue the learning process during the lockdown times. During this presentation, we will talk about the eLearning industry size and state, the trends around it — especially following the year 2020 — and how the localization of eLearning is helping create an inclusive and borderless learning experience. We will also look at the technology involved and types of learning courses and platforms. The following main aspects will be covered:

  • Presenting the eLearning market size: how it has grown and the projected figures over the next five years, and key players in the development of courses.
  • The current eLearning presentation by delivery mode, by learning mode, by type, by end-user, and by geography.
  • How has the pandemic spurred the growth of this industry? Professionals used the lockdown time to upgrade their skills, eLearning developers acted in a timely manner to develop courses around soft skills and hard skills to fill the knowledge gaps, growth in the use of digital classroom platforms, and so on. The culture shifted toward remote learning, digital classrooms, and borderless knowledge sharing.
  • Localization and internationalization of eLearning — why and how: the need for creating eLearning that is inclusive and independent of culture and languages. How does it help to create courses that are localization ready? What are commonly faced challenges and workarounds with regards to localization and internationalization of eLearning content as well as platforms?

Takeaways: Attendees will understand the size and state of the eLearning development industry and various types of eLearning courses and platforms; how COVID-19 pushed the trend toward distant learning and the need to create inclusive learning and teaching experience; and insights as to why and how eLearning courses should be localized and the challenges and opportunities around it.