8 reasons digital learning has changed business for the better.
Digital learning has become one of the most important ways people learn new skills in the 2020s. The industry has seen huge growth in recent years, expanding 900% in the last 20 years with the market value expected to grow to £238 billion by 2025. For a bit of context on how much it’s ramped up in the last 5 years – in 2017 approximately 77% of corporations used online training, but 98% planned to incorporate it into their Learning & Development strategy by 2023. With all this being said, we often overlook how digital learning has changed the way we learn, develop and how businesses can scale.
While the social distancing measures brought about by the pandemic last year certainly accelerated the growth of digital learning, recent technological advances and increasing connectivity were already making digital education more widespread. Between 2007 and 2019 for example, the percentage of people who said that they had taken an online course grew from 4% to 17%.
There are several reasons why Digital Learning has become so popular and why it continues to prove its weight in gold when you look at employee satisfaction and engagement, all the way to operating profits and business efficiencies.