Press release
Global Soft Skills Training Market Analysis Of Sales, Revenue, Share And Growth Rate 2023-2029
Market Overview:The Global Soft Skills Training market was valued at USD 23.90 billion in 2021 and is expected to reach USD 53.58 billion by the year 2028, at a CAGR of 12.32%.
Soft skills are often referred to as emotional aspects of a person such as friendliness, body language, gestures, communications skills, personal routines, optimism, and other similar attributes. At every given job, a worker with strong soft skills and emotional intelligence is seen as desirable. Soft skill development may be promoted through a variety of games, exercises, and other activities. People in a variety of occupations and at different stages of their careers, from entry-level employees to senior executives, can benefit from soft skill training.
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Market Dynamics:
Driver:
Many MNCs make investments in emerging markets that provide access to resources and labor at lower costs. MNCs are having trouble locating the proper people, though. The skill gap is responsible for this. To encourage FDI, the governments of several developing nations have invested in programs that teach soft skills. Additionally, during the projection period, factors such as growing urbanization, industrialization, and widening skill shortages in developing nations have added to the market's development overall. The market's growth rate is also projected to be driven by increasing organizational attention on and investment in soft skills training programs along with the market's increasing adoption of cloud solutions.
Opportunities:
The market's adoption rate has been driven by a growing emphasis on implementing technologically cutting-edge technologies like artificial intelligence, virtual reality, and augmented reality. Learning management system integration with artificial intelligence can have several benefits, including voice-activated bots, frequent module upgrades, and much more. Employers may receive real-time soft skill training via technologies like VR and AR while also providing an interactive communication mechanism. This will additionally open a way for market expansion.
The Report Will Contains A Crucial Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
• SWOT Analysis
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Market Segmentation
By Type
• Management & Leadership
• Personal Development
• Teamwork
• Others
By Delivery Mode
• Regular/Offline
• Online
By Application
• BFSI
• Manufacturing
• Hospitality
• Healthcare and Pharmaceuticals
• IT and Telecom
• Retail
• Others
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
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Key Players For The Global Soft Skills Training Market
• The Ken Blanchard Companies.
• CENTER FOR CREATIVE LEADERSHIP
• Hemsley Fraser
• Dale Carnegie & Associates Inc
• CEGOS.
• CGS
• New Horizons Worldwide LLC.
• QA Ltd
• Articulate Global Inc.
• D2L Corporation
• Skillsoft
• v MPS Interactive Systems Limited
• The Insights Group Limited
• NIIT
• Pearson India Education Services Pvt. Ltd and edX Inc. and other Major Players.
Key Industry Developments in the Soft Skills Training Market:
In June 2021, Skillsoft Corporation declared the accession of Pluma, Inc. This acquisition supports the company to expand its leadership development capabilities.
In November 2020, Wilson Learning Worldwide Inc. announced a strategic partnership with Profiling Online. This collaboration improves Wilson Learning Worldwide's ability to execute learning solutions for its global customers.
In July 2019, QA Ltd purchased San Francisco-based Cloud Academy, a leading enterprise technology training platform. This accession resulted in adding a catalog of more than 500 certification courses and 1500 instructor-led courses to the company's existing portfolio.
Report includes Competitor's Landscape:
• Major trends and growth projections by region and country
• Key winning strategies followed by the competitors
• Who are the key competitors in this industry?
• What shall be the potential of this industry over the forecast tenure?
• What are the factors propelling the demand for the Action Figures And Statues?
• What are the opportunities that shall aid in significant proliferation of the market growth?
• What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
• How has the covid-19 impacted the growth of the market?
• Has the supply chain disruption caused changes in the entire value chain?
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