MyNotes - Online Learning Study Predicts Explosive Growth

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Are school districts prepared for this? If not, where can skilled online learning facilitators go to take advantage of the opportunities?

View a highlighted version of "Online Learning Set for Explosive Growth as Traditional Classrooms Decline « eLearning News" at http://awurl.com/fioXE9evY

Just the highlights:
  1. Online Learning Set for Explosive Growth as Traditional Classrooms Decline
  2. By 2015, 25 million post-secondary students in the United States will  be taking classes online. And as that happens, the number of students  who take classes exclusively on physical campuses will plummet, from  14.4 million in 2010 to just 4.1 million five years later, according to a  new forecast released by market research firm Ambient Insight.
  3. The report, "The US Market for Self-paced eLearning Products and Services: 2010-2015 Forecast and Analysis,"  predicted a five-year compound  decline of 22.08 percent per year in  students attending traditional classrooms exclusively.
  4. Ambient predicted a five-year compound annual growth rate (CAGR)  of 23.06 percent in that area,  from 1.37 million in 2010 to 3.86  million in 2015.
  5. By that time, the number of students taking classes exclusively  online will be nearly equal to the number taking classes exclusively on a  physical campus, with  a  gap  of just 240,000 students (a figure that  represents less than 1 percent of the entire forecast post-secondary  student population, including  degree-granting institutions, vocational  training schools, continuing education institutions, etc.)
  6. "If this trend continues, by 2018,  there will be more full time online students than students that take all  their classes in a physical classroom."
  7. larger  institutions as "pioneers in online learning with large numbers of  students" that are "approaching enrollment saturation points" and  aligning with previous forecasts.
  8. Kaplan University experienced the greatest amount of growth among the top institutions at  36.4 percent from 2009 to 2010. It had experienced growth of 47 percent  from 2008 to 2009. Its 2010 online enrollment figure was 75,000
  9. Adkins said that all of this growth will help propel  expenditures on electronic learning products in higher education to  unprecedented levels
  10. The report focused  on expenditures by academic institutions,  businesses, and other organizations on  a category of electronic  learning products that Ambient Insight refers to as "self-paced  e-learning products," which includes learning management, classroom  management, and learning content management systems, along with student  information systems and hosted learning platforms, among others. This  category does not include mobile learning, gaming, or several other  major  e-learning categories.
  11. Combined with K-12,  academic institutions in the United States alone will account for $11  billion in expenditures in this category by 2015.
  12. This article was originally posted at http://campustechnology.com/Articles/2011/01/26/Online-Learning-Set-for-Explosive-Growth-as-Traditional-Classrooms-Decline.aspx?Page=4

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