Soft Skills Training Market Analysis, Recent Trends and Regional Growth Forecast by 2025

NEW YORK - Dec. 7, 2020 - PRLog -- According to the latest report by IMARC Group, titled, "Soft Skills Training Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025", the global soft skills training market grew at a CAGR of around 12% during 2014-2019.

Soft skills include a combination of communication skills, attitudes, personality traits, career preferences, and social and emotional intelligence. Individuals undertake professional training to boost these skills and navigate the professional environment for attaining their personal and business goals. The training is conducted through several offline and web-based platforms that can enhance customer service, employee retention, overall productivity of an individual, etc. Soft skills are personality-focused and can also be used for time management, conflict-resolution, problem-solving, organization development, etc.

Market Trends

Various organizations emphasize on providing high-quality training modules for their employees to encourage holistic development and better success rates, thereby driving the market growth. Moreover, the growing inclination towards soft skills training programs, particularly among new employees, to inculcate delegation, cohesiveness, and collaboration, is also propelling the service demand. Additionally, several technological advancements have led to the integration of artificial intelligence (AI) and virtual reality (VR) with the training modules for customizing the training as per the requirement of each individual. Furthermore, the growing traction towards digital learning and the rising investments for upgrading soft skills, are also anticipated to drive the market growth.

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Competitive Landscape:

Articulate Global Inc., Cengage Learning Inc., Computer Generated Solutions Inc., D2L Corporation, edX Inc., New Horizons Worldwide LLC, NIIT Limited, Pearson PLC, QA Limited and Skillsoft Corporation.

Insights on Market Segmentation:

Market Breakup by Soft Skill Type:

Management and Leadership
Administration and Secretarial
Communication and Productivity
Personal Development
Teamwork
Others

Market Breakup by Channel Provider:

Corporate/ Enterprise
Academic/ Education
Government

Market Breakup by Sourcing:

In-house
Outsourced

Market Breakup by Delivery Mode:

Online
Offline

Market Breakup by End Use Industry:

BFSI
Hospitality
Healthcare
Retail
Media and Entertainment
Others

Market Breakup by Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

For more information about this report visit: https://www.imarcgroup.com/soft-skills-training-market

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