Key Highlights
• Soft skills training refers to the personal qualities, attitudes, behaviors, and communication skills required to work effectively with others. It includes teamwork, problem solving, creativity, leadership, time management, patience and emotional intelligence. They can be created through different types of training, including training, online learning, training, training, and on-the-job training, which can help improve communication, hand sharing, and all work in the office. Skills training helps develop good leadership skills such as inspiring and motivating others, building confidence and communicating effectively. These coaching programs encourage people to better manage their time, prioritize tasks, and focus on important goals. Skills training also encourages people to develop customer service skills such as listening, understanding and problem solving, resulting in increased customer satisfaction, merchandise and trust.
• The market size of the worldwide Soft Skill Training Market surpassed USD XX billion in 2022, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.
• In June 2021, Skillsoft Corporation announced that it had acquired Pluma, Inc. The acquisition will strengthen the company's development leadership.
• Increasing demand for employees with good leadership and communication skills is one of the factors driving the demand for technical training in small and medium enterprises (SMEs) worldwide. Additionally, the use of additional skills training by schools to increase the employability of students after graduation is a catalyst for economic growth. In addition, the number of websites providing mobile applications and technical training is increasing. With the rapid development of digitalization, the increase in sales of smart devices such as smartphones, tablets and laptops, and the widespread use of high-speed internet connections, a positive effect is created on the market. Plus the integration of artificial intelligence (AI), augmented reality (AR), virtual reality (VR), machine learning (ML), Internet of Things (IoT), chatbots, cloud computing, character development and gamification software. Training skills application is to promote business development. These advanced technologies are used to present content in an interactive and collaborative manner and to help provide personalized recommendations and training to practice and develop skills. In addition, developments in the management of relations and communication and the development of social media bring the demand for technical training. This, combined with an awareness of the benefits of training skills, creates a positive view of the market.
Scope of the Application Profile
Key Players
• United Company RUSAL Plc (Russia)
• Alcoa Inc. (US)
• Aluminum Corp. of China Ltd. (China)
• Kaiser Aluminum Corporation (US)
• Norsk Hydro ASA (Norway)
• Dubai Aluminum Co. (UAE)
• Constellium
• Kobe Steel, Ltd. (Japan)
• Aluminum Bahrain B.S.C. (Middle East)
• Trimet (US)
Segmentation
By Delivery Model
• Instructor Led/Offline
• Web-Based/Online
• Blended Learning
By Training Provider
• Corporate/ Enterprise
• Academic/ Education
• Government Institutes
• Private/Freelance
By Skill Type
• Management & Leadership
• Administration & Secretarial
• Communication & Productivity
• Personal Development
• Other Skills
By Industry
• BFSI
• Manufacturing
• Hospitality
• IT & Telecom
• Healthcare & Pharmaceuticals
• Media & Entertainment
• Other Industries
What to Expect from Application Profile
1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Soft Skill Training market in the world.
2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Soft Skill Training market.
3. Leading company profiles reveal details of key Soft Skill Training market players’ global operations, strategies, financial performance & their recent developments.
4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Soft Skill Training market with forecast for decade by both market share (%) & revenue (USD Million).
Recent Development
• In June 2021, Skillsoft Corporation announced that it had acquired Pluma, Inc. The acquisition will strengthen the company's development leadership.
• In July 2019, The best platform for business education, Cloud Academy, San Francisco QA Ltd. Bought by. The acquisition adds more than 500 accredited courses and more than 1,500 instructor-led courses to the company's portfolio.
Segment Insights
By Training Provider
Job training is considered important to improve job-related performance and help employees cope with change. People now have to support themselves beyond primary school and university education throughout their adult lives. Employees with the necessary skills contribute to the knowledge and value of the company through innovation. These strategies are still being developed to increase motivation to train or train without reducing the necessary motivation. Factors such as job flexibility, motivation and motivation to innovate are increasingly being investigated in preparation for the content of vocational learning programmes.
By Industry
IT & Telecom are managing the end customer base due to the heavy expense and personal use of technical training. However, the school division must prove growth. As automation impacts almost every industry, knowledge of business intelligence is expected to increase. Students who are able to work in the future will upgrade their careers by acquiring digital knowledge as well as school and university level skills. The importance of social skills will be given greater consideration due to the need for complex roles such as managers, which will lead to increased incomes of education providers.
Regional Insights
The North America region led the global intelligence market by more than 37% in 2020. This huge industry has benefited from the latest technology in e-learning services and tools. The presence of a large number of businesses and successful start-up culture in the region is an important factor supporting the growth of business intelligence. But it was followed by the skills sales market in Asia Pacific and Europe, and an increase in government financial services supported by the use of technology in rural areas. Also, the large internet population in the region is believed to be one of the main reasons for marketing business intelligence online.
1 INTRODUCTION
1.1 Study Objectives
1.2 Market Definitions
1.2.1 Inclusions & Exclusions
1.2.2 Region: Inclusions & Exclusions
1.2.3 Study Scope
1.2.3.1 Markets Covered
1.2.3.2 Regional Scope
1.2.3.3 Years Considered
1.2.4 Currency Considered
1.2.5 Limitations
1.2.6 Summary Of Report (Chapter Wise Summary)
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary & Primary Research
2.1.2 Secondary Data
2.1.2.1 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Sources
2.2 Market Breakdown & Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 EXECUTIVE SUMMARY
4 ACROSS THE GLOBE
4.1 Upcoming Attractive Market Opportunities
4.2 Country Wise Market Growth
4.3 Segment Wise Market Growth
5 MARKET OVERVIEW
5.1 Market Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 PORTOR’S Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Market Premium insights (Enterprise license)
5.4.1 Case Study Analysis
5.4.2 Country Wise Import & Export Data (If
Applicable)
5.4.3 Regulatory Bodies & Authorization
Across the Globe
5.4.4 Key Conferences & Events: 2022 &
2023
5.4.5 Top Patents for The Market: 2022
6 SOFT SKILL TRAINING MARKET
OVERVIEW, BY DELIVERY MODEL
6.1 Global Market Revenue & Share Analysis, By Delivery
Model
6.1.1 Instructor Led/Offline
6.1.2 Web-Based/Online
6.1.3 Blended Learning
6.2 Global Market Revenue & Share Analysis, 2018 – 2022
6.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
6.4 Key Takeaways
7 SOFT SKILL TRAINING MARKET
OVERVIEW, BY TRAINING PROVIDER
7.1 Global Market Revenue & Share Analysis, By Training
Provider
7.1.1 Corporate/ Enterprise
7.1.2 Academic/ Education
7.1.3 Government Institutes
7.1.4 Private/Freelance
7.2 Global Market Revenue & Share Analysis, 2018 – 2022
7.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
7.4 Key Takeaways
8 SOFT SKILL TRAINING MARKET
OVERVIEW, BY SKILL TYPE
8.1 Global Market Revenue & Share Analysis, By Skill Type
8.1.1 Management & Leadership
8.1.2 Administration & Secretarial
8.1.3 Communication & Productivity
8.1.4 Personal Development
8.1.5 Other Skills
8.2 Global Market Revenue & Share Analysis, 2018 – 2022
8.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
8.4 Key Takeaways
9 SOFT SKILL TRAINING MARKET
OVERVIEW, BY INDUSTRY
9.1 Global Market Revenue & Share Analysis, By Industry
9.1.1 BFSI
9.1.2 Manufacturing
9.1.3 Hospitality
9.1.4 IT & Telecom
9.1.5 Healthcare & Pharmaceuticals
9.1.6 Media & Entertainment
9.1.7 Other Industries
9.2 Global Market Revenue & Share Analysis, 2018 – 2022
9.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
9.4 Key Takeaways
10 SOFT SKILL TRAINING MARKET OVERVIEW,
BY REGION
10.1 Global Market Revenue & Share Analysis, By Region
10.1.1 North America
10.1.2 Europe
10.1.3 Asia Pacific
10.1.4 Middle East & Africa
10.1.5 South America
10.2 Global Market Revenue & Share Analysis, 2018 – 2022
10.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
10.4 Key Takeaways
11 NORTH AMERICA MARKET ANALYSIS
11.1 North America Market Revenue & Share Analysis, By Delivery
Model
11.2 North America Market Revenue & Share Analysis, By Training
Provider
11.3 North America Market Revenue & Share Analysis, By Skill
Type
11.4 North America Market Revenue & Share Analysis, By Industry
11.5 North America Market Revenue & Share Analysis, By Country
11.5.1 US
11.5.2 Canada
11.5.3 Mexico
11.6 Key Takeaways
12 EUROPE MARKET ANALYSIS
12.1 Europe Market Revenue & Share Analysis, By Delivery Model
12.2 Europe Market Revenue & Share Analysis, By Training
Provider
12.3 Europe Market Revenue & Share Analysis, By Skill Type
12.4 Europe Market Revenue & Share Analysis, By Industry
12.5 Europe Market Revenue & Share Analysis, By Country
12.5.1 UK
12.5.2 Italy
12.5.3 Spain
12.5.4 Germany
12.5.5 France
12.5.6 Rest of Europe
12.6 Key Takeaways
13 ASIA PACIFIC MARKET ANALYSIS
13.1 APAC Market Revenue & Share Analysis, By Delivery Model
13.2 APAC Market Revenue & Share Analysis, By Training Provider
13.3 APAC Market Revenue & Share Analysis, By Skill Type
13.4 APAC Market Revenue & Share Analysis, By Industry
13.5 APAC Market Revenue & Share Analysis, By Country
13.5.1 China
13.5.2 Japan
13.5.3 India
13.5.4 South Korea
13.5.5 Rest of APAC
13.6 Key Takeaways
14 MIDDLE EAST & AFRICA MARKET
ANALYSIS
14.1 MEA Market Revenue & Share Analysis, By Delivery Model
14.2 MEA Market Revenue & Share Analysis, By Training Provider
14.3 MEA Market Revenue & Share Analysis, By Skill Type
14.4 MEA Market Revenue & Share Analysis, By Industry
14.5 MEA Market Revenue & Share Analysis, By Country
14.5.1 GCC
14.5.2 South Africa
14.5.3 Rest of MEA
14.6 Key Takeaways
15 SOUTH AMERICA MARKET ANALYSIS
15.1 SA Market Revenue & Share Analysis, By Delivery Model
15.2 SA Market Revenue & Share Analysis, By Training Provider
15.3 SA Market Revenue & Share Analysis, By Skill Type
15.4 SA Market Revenue & Share Analysis, By Industry
15.5 SA Market Revenue & Share Analysis, By Country
15.5.1 Brazil
15.5.2 Argentina
15.5.3 Rest of SA
15.6 Key Takeaways
16 COMPETITIVE SCENARIO
16.1 Overview
16.2 Key Players Market Share Analysis
16.3 Recent Developments & Source Launches
16.4 Mergers & Acquisitions
16.5 Partnerships, Agreements & Collaborations
17 COMPANY PROFILES
17.1 Overview
17.2 Key players
17.2.1 Articulate Global, Inc. (US)
17.2.1.1 Business Overview
17.2.1.2 Product Offered
17.2.1.3 Financial Insights
17.2.1.4 Strategic Developments
17.2.1.4.1 New Product Launches
17.2.1.4.2 Agreements & Collaborations
17.2.1.5 Business Aspects (NOISE Analysis)
17.2.1.5.1 Key Strengths
17.2.1.5.2 Opportunities
17.2.1.5.3 Weaknesses & Competitive Threats
17.2.1.5.4 Needs & Improvements
17.2.2 Cengage Learning, Inc. (US)
17.2.3 Computer Generated Solutions, Inc. (US)
17.2.4 D2L Corporation (Canada), edX, Inc. (UK)
17.2.5 Franklin Covey Co (US)
17.2.6 Interaction Associates, Inc. (US)
17.2.7 Mind Gym (UK)
17.2.8 New Horizons Worldwide, LLC(US)
17.2.9 NIIT Limited (India)
18 DISCLAIMER
19 APPENDIX
