Breakdown of the Training Industry

Breakdown of the Training Industry The training industry represents an estimated $130 billion business. $130,000,000,000 40 cents of every dollar spent on training goes towards travel and lodging costs. An estimated 80% of executives polled stated their primary reason for employing web-based training was the reduction of travel costs. The number of students who participate in online learning has increased 20% every year since 2002. 22 million students in the U.S. who have taken at least one online course. At the current projected growth rate 50% an estimated 50% of all Americans will be enrolled in online learning programs by 2019. Institutions surveyed from across the country indicate that 63% believe online learning is a critical part of their long term strategy. A survey conducted by Citrix Systems, Inc. indicated that 82% of respondents preferred webinars for training due to the convenience. hor orizons smart ndependent iving kills www.smarthorizons.org/ils/