Soft Skills Management Market size is estimated at USD 24.55 billion in 2022 and is expected to reach USD 61.6 billion by 2028, growing at a CAGR of 12.4% from 2023 to 2030.
Training in soft skills concentrates on developing abilities including teamwork, communication, critical thinking, time management, problem-solving, and a good attitude. It helps individuals achieve their personal and professional goals by helping them to build positive personality qualities and successfully navigate the workplace. In addition to this, it helps to increase sales, customer service, employee retention, and staff productivity in general.
The term “soft skills” is used to describe a person’s emotional characteristics, such as friendliness, body language, gestures, communication skills, personal routines, optimism, and other characteristics of a similar nature. At every given workplace, a worker with strong soft skills and emotional intelligence is seen as desirable. Soft skill development can be promoted through a variety of games, exercises, and other activities.
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Key Companies Insights
Key players are focusing on technology collaborations, partnerships, mergers and acquisitions strategies to gain competitive advantage and expand product portfolios and business footprints. In addition, constant research and development bring innovative products to market. For example, In January 2018, New Horizons Worldwide, LLC announced the launch of a new Center for Leadership and Development program. This is a series of multi-curricular courses designed for business professionals of all disciplines.
Some of the key players operating in the global soft skills management market include:
- Articulate Global, Inc.
- Cengage Learning, Inc.
- Computer Generated Solutions, Inc.
- D2L Corporation
- edX, Inc.
- Interaction Associates, Inc.
- New Horizons Worldwide, LLC.
- NIIT Limited
- Pearson PLC
- QA Ltd.
- Skillsoft Corporation
- Tata Interactive Systems
- The Insights Group Ltd.
- VitalSmarts
- Wilson Learning Worldwide
- Other Players
Segments
By Delivery Mode
- Regular/Offline
- Online
o Asynchronous Online Courses
o Synchronous Online Courses
o Hybrid Courses
By Provider
- Corporate/ Enterprise
- Academic/ Education
By Soft Skill Type
- Management & Leadership
- Administration & Secretarial
- Communication & Productivity
- Personal Development
- Others
By End-use Industry
- Banking, Financial Services & Insurance (BFSI)
- Manufacturing
- Hospitality
- IT & Telecom
- Education
- Retail
- Media & Entertainment
- Others
By Geography
- North America
o U.S.
o Canada
o Mexico
- Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
- Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
- Latin America
o Brazil
o Argentina
o Colombia
- MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt
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Key Questions Answered in This Report:
- How has the global Market performed so far and how will it perform in the coming years?
- What are the key regional Markets?
- What has been the impact of COVID-19 on the global Market?
- What is the breakup of the Market based on the type?
- What is the breakup of the Market based on the application?
- What is the breakup of the Market based on the manufacturing process?
- What is the breakup of the Market based on the price range?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global Market and who are the key players?
- What is the degree of competition in the industry?
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