GITNUX MARKETDATA REPORT 2024

Corporate Learning Industry Statistics

The corporate learning industry is projected to reach a market size of $13.84 billion by 2027, with online learning platforms expected to dominate the sector.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

In the following post, we explore key statistics in the corporate learning industry, shedding light on the significant trends and developments shaping the landscape. From the increasing adoption of digital learning methods to the impact of employee training programs on retention and productivity, these statistics offer valuable insights into the evolving dynamics of corporate learning.

Statistic 1

"The corporate e-learning market is expected to reach a size of $87,21 billion by 2030."

Statistic 2

"Only about 40% of corporate learning is carried out through instructor-led classrooms, the rest is now digital."

Statistic 3

"In 2020, organizations spent $1,308 per employee on training development."

Statistic 4

"43% of college graduates are engaged in on-site job training."

Statistic 5

"In 2020, mobile learning technologies are used by over 70% of students."

Statistic 6

"Employee training and development programs increased employee retention by around 34%."

Statistic 7

"By 2020, 98% of all organizations plan to use E-learning."

Statistic 8

"Blended learning results in a 56% higher rate of knowledge retention than traditional training methods."

Statistic 9

"Companies that use eLearning tools and strategies have the potential to boost productivity by up to 50%."

Statistic 10

"On average, the eLearning market increases by 5% annually."

Statistic 11

"The use of gamification in corporate training increases learning engagement by 60%."

Statistic 12

"72% of organizations believe that eLearning keeps them competitive in their market."

Statistic 13

"About 90% of businesses now say that learning and development are critical to their success."

Statistic 14

"Corporate investments in social learning tools and platforms is expected to increase by about 30% annually over the next five years."

Overall, the corporate learning industry is rapidly evolving with a strong shift towards digital methods such as e-learning and mobile technologies. This transformation is driven by the proven benefits of employee training and development programs, including increased productivity, higher knowledge retention rates, improved employee retention, and enhanced learning engagement. Organizations are increasingly recognizing the importance of investing in learning and development to stay competitive in their respective markets and drive success. The statistics show a clear trend towards the adoption of innovative training strategies and technologies, indicating a promising future for the corporate learning industry.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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