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• If you’re considering starting a business, or if you already own a business, you want to reduce costs, increase profits, and save time, but to do this, you need to delegate a task. Here is where the virtual assistant comes into play. This is a valuable asset for the company.
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Here is a list of virtual assistant statistics to keep you up to date with the latest industry trends and show you what your business benefits from adopting virtual assistants.

• More than half of virtual assistants work full time.
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• Virtual assistants can save up to 78% on operational costs.
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• 49% of companies that hire virtual advisors have more than 1,000 employees.
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From 2020 to 2025, the IT outsourcing industry will grow at a compound annual growth rate of 4.5%.

Determining the size of the virtual assistant industry is very difficult. However, statistics show that the global market for outsourcing services to which this sector belongs is on a growing track, valued at US $ 92.5 billion in 2019. (Source: Statista)

Appointing virtual assistants through offshore agencies has increased by 41% in 2020

Covid 19 has hit many companies, but despite the recession in many sectors, the virtual assistant market is better than ever. Recent virtual assistant usage statistics show that the VA industry will continue to grow after Covid 19.

Almost 60% of VA’s are full-time employees.

A virtual assistant profession can be full-time, part-time, freelance, or temporary. Some virtual assistants work with multiple clients on a freelance basis, but most are fully committed to their work.

Over 50% of people around the world work remotely for 2.5 days a week.

While the 9 to 5 office workday still exists in many companies, more and more companies are moving towards a remote work policy. The virtual assistant statistics further reveal that 85% of virtual employees say they feel more productive when working from home.

The majority of coveted VA services are social media management, email marketing, and project management.

Virtual Assistants are familiar with multiple areas, right from answering calls to clerical and data entry jobs. They keep your business running smoothly, organize everything for you, and improve your productivity-the list grows and grows.

Have a look at the average monthly salary of Virtual Assistants in a few countries.

                                                                     Source: Best of Budgets

The United States has more than 3.3 million secretaries and administrative assistants

This data does not really tell us how many of these assistants and how many face-to-face assistants, few entrepreneurs are confident that VAs will soon outdo the rest, as the requirement for such services and the multiple types of virtual assistants, including social media, data entry, marketing services, virtual receptionists, and so on are on the increase.

Almost 60% of Americans check their email during their vacation.

We work longer than before, and we even make it to the holidays. If the work is overloaded, the best option is to outsource the virtual assistant. However, virtual assistant trends signify that 42% of employees insist on this practice, fearing they may fall behind with work. Another 20% don’t think there’s a person who can finish their tasks, and 13% are looking out for opportunities. (Source: CBS News)

Virtual assistants can save up to 78% on operational costs.

Businesses that hire virtual assistants can get rid of all the costs necessary to maintain a traditional employee. They don’t have to worry about equipment, benefits, paid training, or long-term contracts.

In 2018, more than one-third of SMEs outsourced business processes.

With an increasing demand for virtual assistants, the business process outsourcing industry is also growing, with 37% of SMEs outsourcing business processes in 2018. Another 52% had plans to hire BPO specialists in 2019 and 2019. There is a good reason. Small business owners spend almost a quarter of their work manually.

49% of companies that hire virtual advisors have more than 1,000 employees.

Even though virtual assistants are in high demand among businesses of all sizes, virtual assistant statistics illustrate large companies with over 1,000 employees most often turn to VAs. The percentage of VA-oriented companies employing between 100 and 1,000 people sits at 31%, whereas only 19% of companies with up to 100 employees resort to such a way.

The good thing is that there are ways to grow your business without increasing costs. Hiring a virtual assistant is one way that a person can do this.

Vision Global offers a full range of Virtual Assistant Services and Solutions. Reduce your time management and operational costs and improve the efficiency of your business with the wide range of services we offer.