March 28, 2019: This report focuses on the global Soft Skills Training status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Soft Skills Training development in United States, Europe and China.
Soft skills can be broadly categorized under three segments: character, interpersonal skills, and critical and creative thinking. Soft skills play a crucial role in enabling individuals to communicate effectively, manage a team with good interpersonal skills, and solve problems. Therefore, apart from training students and employees in technical skills, organizations and education institutions are using their discretionary budget to train them in soft skills.
According to this market research and analysis, corporate organizations were the major end-users of the soft skill development training market during 2017. Increased investments by organizations towards training programs that focus on middle and senior level management will be a major factor fueling market growth in the coming years.
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Moreover, the increasing focus of corporate industries towards expanding their business operations to emerging economies that will propel the demand for corporate training in both technical and non-technical fields, will also fuel market growth in this segment. The market study report estimates that this segment will account for the major revenue shares and dominate the market during the next few years as well.
In terms of geographical regions, North America was the major revenue contributor to the market during 2017. The rise in number of graduates and the need to bridge the skill gap, will induce educational institutions to adopt advanced training methods to enhance student skills. Moreover, the focus of corporate organizations in the region to expand their operations to several other countries will also create the need to train employees to ensure smooth interaction and effective knowledge transfer, in turn, boosting the demand for soft skills development courses. According to this market study, this region will continue to dominate the market throughout the next few years as well.
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In 2017, the global Soft Skills Training market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
- Pearson
- Articulate
- Skillsoft
- Vitalsmarts
- Articulate
- Computer Generated Solutions
- Desire2Learn
- Global Training Solutions
- Interaction Associates
- New Horizons Worldwide
- NIIT
- Wilson Learning Worldwide
Market segment by Type, the product can be split into
- Character
- Interpersonal Skills
- Critical and Creative Thinking
Market segment by Application, split into
- Corporate
- Institutions
Market segment by Regions/Countries, this report covers
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
- Central & South America
The study objectives of this report are:
- To analyze global Soft Skills Training status, future forecast, growth opportunity, key market and key players.
- To present the Soft Skills Training development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Soft Skills Training are as follows:
- History Year: 2013-2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025
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