Soft Skills Training Market Growth factors, Segmentation, Industry Analysis and Forecast 2029

Soft Skills Training Market is expected to be 5.9% during the forecast period and the market size is expected to reach nearly USD 35.67 billion by 2029.

Soft Skills Training Market Report Scope and Research Methodology

Report Scope:

This comprehensive report provides a detailed analysis of the Soft Skills Training Market, encompassing market dynamics, trends, drivers, restraints, opportunities, and challenges at both global and regional levels. It covers geographic breakdowns and in-depth segment analysis across North America, Europe, Asia Pacific, and LAMEA, including individual countries within these regions.

Research Methodology:

The report employs a robust methodology to offer an insightful assessment of the market, combining historical data, industry-validated market data, projections, and assumptions. It includes competitive analysis, featuring profiles of key players, product analysis, pricing strategies, financial positions, growth strategies, and regional presence. To assist decision-makers, the report incorporates PESTEL analysis, PORTER's analysis, and SWOT analysis.

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What are Soft Skills Training Market Dynamics?

Market Drivers:

The global Soft Skills Training Market is driven by the increasing skill gap in developing countries and the availability of online training platforms. Providers of soft skills training are focusing on developing innovative and diverse courses to meet trainees' specific needs, expected to boost market demand in the near future. However, the lack of awareness regarding the importance and online availability of soft skills training courses may hinder global market growth. The introduction of cloud-based soft skill courses and increased government initiatives in emerging countries offer significant opportunities in the market.

Market Challenges:

Challenges in the market include limited awareness of the importance of soft skills training and the availability of online courses. These factors may impact market growth at a global level.

Market Opportunities:

The growth of online education facilities in developed and developing countries, such as edX, Inc., a leading provider of massive open online courses (MOOCs), presents opportunities for the Soft Skills Training Market. Additionally, the shift in the education industry in the Asia Pacific region, where more than half of the world's population resides, is expected to drive significant demand for soft skills training.

Soft Skills Training Market Segmentation?

by Delivery Mode

Regular/ Offline
Online

The global market is divided into two categories based on the method of delivery: regular/offline and online. Because online education is becoming more popular in both developed and developing nations worldwide, the online segment is anticipated to grow at the highest CAGR of 14% over the projected period. For instance, edX, Inc., a non-profit open-source learning platform offering online courses, was founded by MIT and Harvard University. The business is a top provider of MOOCs (massive open online courses). It has a large number of international partners, including institutions, colleges, and nonprofits.

by Soft Skill

Management & Leadership
Administration & Secretarial
Communication & Productivity
Personal Development
Teamwork
Others

by End Users

BFSI
Manufacturing
Hospitality
Energy and Power
Healthcare & Pharmaceuticals
IT & Telecom
Retail
Media & Entertainment
Others

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Who are Soft Skills Training Market Key Players?

1. edX, Inc.,
2. Pearson PLC,
3. NIIT Limited,
4. The Insights Group Ltd,
5. Tata Interactive Systems,
6. Skillsoft Corporation,
7. D2L Corporation,
8. Articulate Global, Inc.,
9. QA Ltd.,
10. New Horizons Worldwide, LLC,
11. Computer Generated Solutions, Inc.
12. Cegos Group
13. Dale Carnegie
14. Hemsley Fraser
15. Center for Creative Leadership
16. The Ken Blanchard Companies

Table of content for the Soft Skills Training Market includes:

Part 01: Executive Summary

Part 02: Scope of the Soft Skills Training Market Report

Part 03: Global Soft Skills Training Market Landscape

Part 04: Global Soft Skills Training Market Sizing

Part 05: Global Soft Skills Training Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

North America: The region gains from the use of digital technology, innovative apps, and awareness of programmes for quick learning in businesses and educational institutions.

Asia Pacific: The region's market is being significantly impacted by changes in the education sector, particularly in China, India, and Japan, which are prominent market participants. To lower unemployment, regional governments actively fund training and development programmes.

South America and the Middle East & Africa are expected to increase moderately in the near future.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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