GITNUX MARKETDATA REPORT 2024

The Most Surprising Corporate Training Industry Statistics in 2024

With sources from: marketsandmarkets.com, trainingindustry.com, trainingmag.com, trainingjournal.com and many more

Statistic 1

"Half of all employees reported they need better training on soft skills like communication and teamwork."

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Statistic 2

"The mobile learning market in corporate training is projected to grow at a CAGR of 13% from 2021 to 2027."

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Statistic 3

"E-learning accounted for over 40% of the corporate training market in 2020."

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Statistic 4

"Small companies spend an average of $1,511 per employee on training."

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Statistic 5

"The average employee receives more than 40 hours of training annually."

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Statistic 6

"The average training expenditure per employee in large companies is around $1,000."

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Statistic 7

"56% of HR managers believe employee training and development is essential."

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Statistic 8

"42% of companies plan to replace parts of instructor-led training programs with VR training."

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Statistic 9

"In 2020, 90% of companies used online learning tools for corporate training."

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Statistic 10

"The use of simulations in corporate training is expected to grow at a CAGR of 12.5%."

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Statistic 11

"More than 80% of organizations use a learning management system (LMS) for training purposes."

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Statistic 12

"The average training expenditure for safety training is around $200 per employee."

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Statistic 13

"Companies in the U.S. spent $82.5 billion on corporate training in 2020."

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Statistic 14

"68% of employees prefer to learn at work."

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Statistic 15

"Soft skills training is estimated to capture 45.9% of the corporate training market share."

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Statistic 16

"Around 60% of all companies offer new-hire training as part of onboarding."

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Statistic 17

"Companies that invest in comprehensive training programs have 218% higher income per employee."

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Statistic 18

"The market is expected to reach $487.3 billion by 2023, growing at a CAGR of 8.3%."

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Statistic 19

"Instructor-led training still remains a dominant mode, making up about 55% of all corporate training in 2020."

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Statistic 20

"The global corporate training market was valued at approximately $370.3 billion in 2019."

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