Digital training products have become increasingly popular in recent years, and they offer many benefits over traditional in-person training. Here, we’ll explore 15 surprising stats about digital training products that highlight their growing popularity and effectiveness.
- The global e-learning market is expected to reach $325 billion by 2025, growing at a CAGR of 7.5%.
- 77% of US companies offer online training to their employees, and the number is expected to continue to grow.
- Digital training products can be up to 60% faster to deliver than traditional in-person training, allowing learners to quickly acquire new skills and knowledge.
- The global mobile learning market is expected to reach $78.5 billion by 2025, growing at a CAGR of 18.2%.
- Online courses have a 25% to 60% higher completion rate than traditional in-person courses.
- 93% of learners say that digital training products have improved their job performance.
- The average return on investment (ROI) for digital training products is 50% higher than for traditional in-person training.
- Digital training products can reduce training costs by up to 70%, making them a cost-effective solution for organizations of all sizes.
- 81% of learners prefer digital training products to traditional in-person training, citing their flexibility and convenience.
- Digital training products can increase employee engagement by up to 18%, leading to improved productivity and performance.
- 65% of learners say that they would be more likely to take an online course if it was gamified.
- The global virtual and augmented reality market for education and training is expected to reach $6.3 billion by 2023.
- Digital training products can be delivered in multiple languages, making them an ideal solution for global organizations.
- 80% of learners say that they would be more likely to complete an online course if it included interactive and multimedia elements.
- Digital training products can be updated and revised quickly and easily, allowing organizations to keep their training materials up-to-date and relevant.
These surprising stats highlight the growing popularity and effectiveness of digital training products.
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