Press release
Soft Skills Training Market Size in GCC to Hit US$ 1,059 Million by 2028
According to the latest report by IMARC Group, titled, "GCC Soft Skills Training Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The GCC Soft Skills Training market size reached US$ 504 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,059 Million by 2028, exhibiting a growth rate (CAGR) of 13.2% during 2023-2028.Soft skills represent the individual emotional quotient (EQ), which generally includes communication skills, social intelligence, personal attributes, etc. They are essential for managing relationships and efficiently communicating in a business environment. In addition to this, soft skills usually involve teamwork, problem-solving competency, leadership skills, work ethics, adaptability, interpersonal communication, etc. They also enable individuals to enhance cognitive flexibility, develop negotiating skills, improve critical thinking and creativity, etc. As compared to hard skills, soft skills training is beneficial in employee retention, increasing job satisfaction, and overall work productivity. Consequently, it is extensively utilized across GCC.
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GCC Soft Skills Training Market Trends and Drivers:
The growing number of employees in the corporate sector is primarily driving the GCC soft skills training market. Additionally, government bodies are launching favorable programs in academia as a part of the university module to create lucrative professional opportunities and minimize the skill gap among professionals, which is further catalyzing the market growth. Besides this, the emerging trend of digitization and the increasing integration of soft skills training programs with advanced technologies, such as cloud computing, Virtual Reality (VR), Artificial Intelligence (AI), etc., are acting as significant growth-inducing factors. Moreover, the inflating need for delivering high-quality training modules for faster achievement of goals is bolstering the market growth across the country. Apart from this, they inculcate the skills of delegation, cohesiveness, and collaboration, which is also stimulating the market growth. Furthermore, the rising levels of urbanization are anticipated to fuel the GCC soft skills training market over the forecasted period.
GCC Soft Skills Training Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market based on soft skill type, channel provider, sourcing, delivery mode and end use industry.
Breakup by Soft Skill Type:
Management and Leadership
Administration and Secretarial
Communication and Productivity
Personal Development
Teamwork
Others
Breakup by Channel Provider:
Corporate/ Enterprise
Academic/ Education
Government
Breakup by Sourcing:
In-house
Outsourced
Breakup by Delivery Mode:
Online
Offline
Breakup by End Use Industry:
BFSI
Hospitality
Healthcare
Retail
Media and Entertainment
Others
Breakup by Country:
Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrain
Ask Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/gcc-soft-skills-training-market
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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