Reasons why training industry budget increased U.S. 2021

In 2021, corporations and educational institutions based in the United States were asked to report on the reasons behind the increase in the training budget that year. According to the survey conducted, the largest share of respondents (59 percent) stated that their training budget increased as a result of increased scope of training. This was followed by half of respondents claiming the purchase of new technologies/equipment was the reason for the training budget increase. The third place ranking is completed by the 45 percent of respondents who claimed that adding new training to staff was why the training budget was increased.