Press release
Soft Skills Training Market: Shaping Tomorrow's Workforce with Effective Human Development (2023-2029)
Soft Skills Training Market Poised for Remarkable Growth, Forecast to Reach US$35.67 Billion by 2029CAGR of 5.9% Drives Surge in Demand for Soft Skills Training, Shaping the Future Workforce
In a rapidly evolving job landscape, the Soft Skills Training Market is projected to witness a robust Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period, reaching an estimated market size of nearly US$ 35.67 billion by 2029.
"Language Diversity and Online Platforms Propel Market Expansion"
Recognizing the pivotal role of soft skills in today's employment landscape, companies are increasingly focusing on hiring and promoting individuals with resourcefulness, ethics, and strong communication abilities. Market leaders, such as Skillsoft Corporation, are addressing the language barrier by delivering training content in multiple languages, such as French and English, on a global scale.
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Soft Skills Training Market Scope:
Soft Skills Training market report is an ultimate guideline for business development and provides the user with ins and outs of the industry whether a user is an investor, business owner, or wants to start a business in the same industry.
Analysis in the report is conducted using widely used and trusted tools such as SWOT, and PESTLE analysis, which gives an analysis of the impacts such as political, social-cultural, economic, technological, and environmental impacts, also can build strategic planning and management using this analysis.
The report is designed in such a manner that it provides the readers the appropriate and up-to-date market data in graphical and tabular forms.
"Recent Developments Showcase Industry Dynamism"
In January 2018, New Horizons Worldwide, LLC unveiled its Center for Leadership and Development program, a suite of courses tailored for business professionals across domains, exemplifying the industry's commitment to ongoing innovation.
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Soft Skills Training Market Segmentation:
by Delivery Mode
Regular/ Offline
Online
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
by Sourcing
In-house
Outsourced
by Channel Provider
Corporate/ Enterprise
Academic
Government
The global market is divided into two segments based on the mode of delivery: online and regular/offline. Because online learning resources are becoming more widely used in both developed and developing nations worldwide, the online segment is predicted to expand at the fastest rate of 14% over the course of the forecast period. For example, MIT and Harvard University founded edX, Inc. as an open-source, nonprofit online learning platform that offers courses. The business is a top supplier of massively open online courses, or MOOCs.
Major 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
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Regional Analysis:
As Soft Skills Training market tends to rapid growth within the forecast period, the MMR report is structured to support that volatility with a regional analysis of the market.
Regional market analysis helps to understand the regional potential of the industry with detailed data that shows the traditional way of business, regional opportunities, trading chains, challenges and others.
This report is the ultimate guide for a new player in the industry to know the regional market competition, challenges, and advantages, to build their strategies and plans accordingly.
Key Questions answered in the Soft Skills Training Market Report are:
What is Soft Skills Training Market?
What is the forecast period of the Soft Skills Training Market?
What is the competitive scenario of the Soft Skills Training market?
Which region held the largest market share in the Soft Skills Training Market?
What are the opportunities for the Soft Skills Training Market?
What factors are affecting the Soft Skills Training market growth?
Who are the key players of the Soft Skills Training market?
Which company held the largest share in the Soft Skills Training market?
What will be the CAGR of the Soft Skills Training market during the forecast period?
What key trends are likely to emerge in the Soft Skills Training market in the coming years?
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