The Soft Skills Training Market is being driven by The emergence of cost-effective e-learning training modules
The Soft Skills Training Market is expected to grow at a CAGR of 34.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 207785 billion. In today's corporate landscape, soft skills training has emerged as a crucial investment for businesses seeking to enhance their workforce's communication, critical thinking, and other essential interpersonal abilities. The global soft skills training market is projected to expand steadily, with gamification becoming an increasingly popular trend. The gamification industry has gained significant traction in business environments, offering incentivized programs that incorporate digital badges, rewards, and leaderboards. These elements not only boost engagement but also provide a mobile component to training initiatives. By integrating game-like features into soft skills training, businesses can effectively motivate employees and foster a culture of continuous learning and development.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
221 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 34.5% |
Market growth 2025-2029 |
USD 207785 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
33.3 |
Key countries |
US, Canada, UK, Germany, China, France, Italy, Japan, India, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Soft Skills Training market encompasses various human skills, including interpersonal attributes such as communication, empathy, and emotional intelligence. Other essential skills include time management, cross-cultural communication, creativity, critical thinking, adaptability, and a growth mindset. With the rise of remote work models, there is a growing demand for virtual communication skills, self-discipline, and video-based learning technology. Companies like Skillsoft Corporation offer online training platforms for employee productivity enhancement through online courses in these areas. High-speed internet and artificial intelligence are also crucial for effective online learning. The ideal candidate for soft skills training is someone seeking to improve their interpersonal abilities, work effectively in diverse cultural contexts, and adapt to new challenges.
In the realm of the education services market, soft skills training plays a pivotal role in enhancing interpersonal attributes such as communication, empathy, time management, and emotional intelligence. Firms offering soft skills training engage in pitching and profiling operations to comprehend clients' business needs and propose superior value propositions. Networking and brand building are also essential to attract top talent and generate better referrals. Simultaneously, resourcing and communicating operations streamline workflows, ensuring efficient use of resources and effective client engagement through project management, resource planning, and clear communication. These operations ultimately increase the likelihood of positive value perceptions and client satisfaction.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: media@technavio.com
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