Learning and development—whether corporate training, professional development, compliance tutorials, or reskilling for employees—is a valuable and rapidly growing part of business. The COVID pandemic has pushed many employees and leaders toward accelerated learning growth. Many spent early lockdown days searching for their next learning opportunity.
At DVI, we believe that learning and development video is a powerful part of the learning and development process. It’s made the current switch to elearning and virtual classrooms even easier. And to prove it, we’ve compiled a list of the most interesting statistics about training and learning and development video.
Video Training Statistics for L & D and eLearning
A survey showed companies with “comprehensive training programs” have 218% higher revenue per employee and 24% higher profit margins.
81% of learning professionals have made a plan to use new training techniques in the next year.
Experts believe the corporate e-learning market will be worth $38.09 billion more by 2024.
88% of companies use virtual classroom/ Webcasting/video broadcasting for a training medium (up from 83% last year).
Engagement with learning statistics
59% of L&D professionals said that upskilling and reskilling was their top priority in 2021. Leadership management (53%) and virtual onboarding (33%) rounded out the top three priorities.
Training needed statistics
Learning and development video
Learning—particularly in video format—is near and dear to our hearts here at The DVI Group. We’ve honed our processes and devotion to instructional design to bring our clients best-in-class training videos.