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:
Segments
By Delivery Mode
o Asynchronous Online Courses
o Synchronous Online Courses
o Hybrid Courses
By Provider
By Soft Skill Type
By End-use Industry
By Geography
o U.S.
o Canada
o Mexico
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
o Brazil
o Argentina
o Colombia
o South Africa
o Saudi Arabia
o UAE
o Egypt
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