Global Soft Skills Training Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Delivery Mode;

Regular/Offline, and Online - Asynchronous Online Courses, Synchronous Online Courses, and Hybrid Courses.

By Soft Skill;

Management & Leadership, Administration & Secretarial, Communication & Productivity, Personal Development, and Others.

By End-Use Industry;

Banking, Financial Services & Insurance (BFSI) , Energy & Power , Manufacturing, Hospitality, IT & Telecom, Retail, Healthcare & Pharmaceuticals , Media & Entertainment, and Others.

By Channel;

Corporate/ Enterprise, Academic/ Education, and Government.

By Sourcing;

In-house, and Outsourced.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn990120777 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Soft Skills Training Market (USD Million), 2020 - 2030

In the year 2023, the Global Soft Skills Training Market was valued at USD 29,916.74 million. The size of this market is expected to increase to USD 67,807.62 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 12.4%.

The global soft skills training market is experiencing a significant surge driven by the growing recognition of the crucial role soft skills play in professional success across diverse industries. In today's competitive landscape, employers are increasingly prioritizing candidates with strong soft skills such as communication, teamwork, leadership, and adaptability. This emphasis stems from the realization that technical expertise alone is insufficient to thrive in dynamic workplaces where collaboration, emotional intelligence, and problem-solving are paramount.

The advent of remote work and digital transformation has underscored the need for individuals to possess robust soft skills to navigate virtual environments effectively. As organizations embrace flexible work models, the demand for soft skills training solutions that cater to remote teams and virtual collaboration continues to escalate. Consequently, the global soft skills training market is witnessing rapid expansion, with providers offering innovative, technology-driven solutions to address the evolving needs of modern workplaces.

The globalization of businesses has heightened the importance of cultural competence and cross-cultural communication skills. Companies operating in diverse markets recognize the significance of equipping their workforce with the ability to navigate cultural differences and foster inclusive environments. Consequently, the demand for soft skills training programs encompassing cultural sensitivity, intercultural communication, and diversity awareness is on the rise, propelling the growth of the global soft skills training market. As organizations strive to build resilient, adaptable teams capable of thriving in a rapidly evolving landscape, investments in soft skills development are poised to remain a strategic priority, driving continued expansion in the market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Delivery Mode
    2. Market Snapshot, By Soft Skill
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Channel
    5. Market Snapshot, By Sourcing
    6. Market Snapshot, By Region
  4. Global Soft Skills Training Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Workforce Development
        2. Remote Work Trends
        3. Emphasis on Leadership
      2. Restraints
        1. Budget Constraints
        2. Resistance to Change
        3. Skills Gap
        4. Lack of Awareness
      3. Opportunities
        1. Digital Learning Platforms
        2. Tailored Training Solutions
        3. Industry Partnerships
        4. Personalized Learning Experiences
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Soft Skills Training Market, By Delivery Mode, 2020 - 2030 (USD Million)
      1. Regular/Offline
      2. Online
        1. Asynchronous Online Courses
        2. Synchronous Online Courses
        3. Hybrid Courses
    2. Global Soft Skills Training Market, By Soft Skill, 2020 - 2030 (USD Million)
      1. Management & Leadership
      2. Administration & Secretarial
      3. Communication & Productivity
      4. Personal Development
      5. Others
    3. Global Soft Skills Training Market, By End-Use Industry, 2020 - 2030 (USD Million)
      1. Banking, Financial Services & Insurance (BFSI)
      2. Energy & Power
      3. Manufacturing
      4. Hospitality
      5. IT & Telecom
      6. Retail
      7. Healthcare & Pharmaceuticals
      8. Media & Entertainment
      9. Others
    4. Global Soft Skills Training Market, By Channel, 2020 - 2030 (USD Million)
      1. Corporate/ Enterprise
      2. Academic/ Education
      3. Government
    5. Global Soft Skills Training Market, By Sourcing, 2020 - 2030 (USD Million)
      1. In-house
      2. Outsourced
    6. Global Soft Skills Training Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Articulate Global, Inc.
      2. Cengage Learning, Inc.
      3. Computer Generated Solutions, Inc.
      4. D2L Corporation
      5. edX, Inc.
      6. Interaction Associates, Inc
      7. New Horizons Worldwide, LLC.
      8. NIIT Limited
      9. Pearson PLC
      10. QA Ltd.
      11. Skillsoft Corporation
      12. Tata Interactive Systems
      13. The Insights Group Ltd.
      14. VitalSmarts
      15. Wilson Learning Worldwide
  7. Analyst Views
  8. Future Outlook of the Market

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