Soft Skills Training Market Industry Outlook, Size, Growth Factors, and Forecast To 2029


CAGR of the Soft Skills Training market is expected to be 5.9% during the forecast period and the market size is expected to reach nearly US$ 35.67 billion by 2029

Market Overview:

Maximize Market Research published reports help you understand the landscape of Soft Skills Training market that you are competing in. The report gives insights about the market to help you understand the demand for your product in the future and how competitive the Soft Skills Training market is likely to be. It is a complete exam that specializes in number one and secondary drivers, marketplace share, main segments, and geographical evaluation. 

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Market Scope:

Soft Skills Training Report gives in-depth detailed knowledge and understanding of trends, dynamics, etc. The report provides trends that are dominant and will influence the business. It helps you identify drivers which can be used as an advantage, identify restraints to overcome challenges, and identify potential opportunities for the Soft Skills Training market. The report also analyses if the Soft Skills Training market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc. You can design the business strategies using the insights such as how many rivals, who are they, how many buyers you have etc. provided in our report. The data provided in the report assists in finding the competitive landscape of key players, factors affecting the market, etc. to help you understand whether the current marketing strategies are in the right direction and how to further improve them.

Segmentation:

The growing skill gap in emerging nations and the availability of online training platforms are the two main factors driving the global market for soft skills training. Soft skills training providers are refocusing their efforts on creating creative and diverse courses to meet the unique needs of trainees, which is anticipated to drive market demand in the future years. However, a lack of understanding regarding the significance and accessibility of soft skills training courses online is anticipated to impede the market's expansion on a global scale. In the near future, the market for soft skills training will see considerable growth due to the development of cloud-based soft skill courses and increased government initiatives in emerging nations.

The global market for soft skills training is divided into Regular/Offline and Online segments based on the mode of delivery. 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 more than XX partners around the world, including institutions, colleges, and nonprofits.

Geographically, North America held the XX% market share of the soft skills training market in 2018 and is expected to continue its dominance in the market thanks to digital usage, new application, awareness of fast learning programs in corporates and educational institutes. Asia Pacific is expected to expand at the highest CAGR of XX% during the forecast period due to the region is showing a huge shift in the education industry and it holds more than half of the world’s population. In terms of revenue, China, India, and Japan are the major contributors to the regional market. Governments of several nations in this region are actively supporting training and development courses in order to decrease unemployment. These factors are likely to impel the demand for soft skills training to a great extent in the upcoming period. The markets in the Middle East & Africa and South America are projected to expand moderately in the near future.

Regional:

The regional Analysis provided in our report helps you understand the Soft Skills Training market in various regions. Every region has different factors such as political, geographic, buying behaviour, etc. which are affecting the Soft Skills Training market. Our report briefly explains all the factors, market size, growth rate, import and export in regions covering North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Various regions, countries have legal barriers, geographic advantages, distinct buying behaviour, etc. The reports help you in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions. 

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Key Players:

• edX, Inc.,
• Pearson PLC,
• NIIT Limited,
• The Insights Group Ltd,
• Tata Interactive Systems,
• Skillsoft Corporation,
• D2L Corporation,
• Articulate Global, Inc.,
• QA Ltd.,
• New Horizons Worldwide, LLC,
• Computer Generated Solutions, Inc.
• Cegos Group
• Dale Carnegie
• Hemsley Fraser
• Center for Creative Leadership
• The Ken Blanchard Companies

The Soft Skills Training market report thoroughly covers analysed insights of key players in terms of market, applications, and geographies to help you identify competition both domestic and globally. It helps in understanding the competition by providing in-depth profiling of companies and products/services provided. Through Competitive Benchmarking, BCG matrix, and various other tools we provide the market share analysis of players in Soft Skills Training market. 

Key Questions answered in the Soft Skills Training Market Report are:

  • Which product segment grabbed the largest share in the Soft Skills Training market?
  • How is the competitive scenario of the Soft Skills Training market?
  • Which are the key factors aiding the Soft Skills Training market growth?
  • Which region holds the maximum share in the Soft Skills Training market?
  • What will be the CAGR of the Soft Skills Training market during the forecast period?
  • Which application segment emerged as the leading segment in the Soft Skills Training market?
  • Which are the prominent players in the Soft Skills Training market?
  • What key trends are likely to emerge in the Soft Skills Training market in the coming years?
  • What will be the Soft Skills Training market size by 2027?
  • Which company held the largest share in the Soft Skills Training market? 

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Published in

Computers , Blogs

Published on

Mar 06, 2023

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