Global Soft Skills Training Market Report 2022: Growing Need to Minimize Skills Gap Among Professionals Powering the Sector –

DUBLIN–(BUSINESS WIRE)–The “Soft Skills Training Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” report has been added to from offer.

The global soft skills training market size reached US$23.64 billion in 2021. Looking ahead, the publisher expects the market to reach US$47.16 billion. by 2027, posting a CAGR of 12.3% over the period 2022-2027. Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on the various end-use industries. This information is included in the report as a major market contributor.

Rapid urbanization, along with the growing requirement to minimize the skill gap among professionals across the globe, represent the key factors driving the growth of the market. Organizations place emphasis on providing high quality training modules to their employees to encourage holistic development and faster achievement of goals.

Additionally, new employees are enrolled in soft skills training programs to inculcate the skills of delegation, cohesiveness, and collaboration, which also helps in the growth of the market. Individuals are also increasingly investing in improving their skills and learning soft skills to attract more lucrative professional opportunities.

Moreover, various technological advancements, such as the integration of artificial intelligence (AI) and virtual reality (VR) with the training modules, act as other growth factors. These technologies offer reproducible and reusable content and are able to identify the specific need of each individual. Other factors including increasing spending on digital learning and the acquisition of new skills by the masses are expected to further drive the market.

Key Market Segmentation:

The publisher provides an analysis of the main trends in each sub-segment of the global soft skills training market, as well as forecasts at the global, regional and country levels from 2022 to 2027. Our report has classified the market according to type of soft skills, channel provider, sourcing, delivery method, and end-use industry.

Breakdown by type of soft skills:

  • Management and leadership

  • Administration and secretariat

  • Communication and Productivity

  • Personal development

  • Team work

  • Others

Breakdown by channel provider:

  • Corporate/ Enterprise

  • Academic education

  • Government

Breakdown by sourcing:

Breakdown by delivery method:

Breakdown by end-use industry:

  • BFSI

  • Hospitality

  • Health care

  • Detail

  • Media and Entertainment

  • Others

Breakdown by region:

  • North America

  • United States

  • Canada

  • Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Others

  • Europe

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Russia

  • Others

  • Latin America

  • Brazil

  • Mexico

  • Others

  • Middle East and Africa

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation

5 Global Soft Skills Training Market

6 Market Breakdown by Soft Skills Type

7 Market Breakdown by Channel Provider

8 Market Breakdown by Sourcing

9 Market Breakdown by Delivery Mode

10 Market Breakdown by End-Use Industry

11 Market Breakdown by Region

12 SWOT Analysis

13 Value chain analysis

14 Analysis of the five forces of carriers

15 Price Analysis

16 Competitive Landscape

Companies cited

  • Articulate Global Inc.

  • Cengage Learning Inc.

  • Computer Generated Solutions Inc.

  • D2L Corporation

  • edX inc.

  • New Horizons Worldwide LLC

  • NIIT Limited

  • Pearson PLC

  • Limited QA

  • Skillsoft company.

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