Soft Skills Training Market Size, Share, Growth Analysis, By Type(Communication Skills, Interpersonal Skills, Time Management, and Others), By End-user(Corporate, Education, and Healthcare), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20P2005 | Region: Global | Published Date: March, 2024
Pages: 202 | Tables: 64 | Figures: 75

Soft Skills Training Market News

In August 2023, edX partnered with various corporate partners to launch a "Soft Skills Initiative," delivering tailored soft skills training to employees across industries.

In June 2023, LinkedIn formed a strategic alliance with Cornerstone OnDemand to integrate LinkedIn Learning content into Cornerstone's talent management platform, offering a holistic development experience.

In May 2023, Pluralsight acquired A Cloud Guru, a platform focused on cloud computing training, which also includes courses on essential soft skills for IT professionals.

In March 2023, Udemy announced a $200 million funding round, underlining the continued investor confidence in online learning platforms and the demand for soft skills training.

In January 2023, Coursera partnered with Google to provide a series of soft skills courses on Google's online learning platform, extending the reach of these courses to a broader audience.

Soft Skills Training Market Report Snapshots

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FAQs

Soft skills training enhances interpersonal abilities like communication, teamwork, adaptability, and problem-solving, improving professional effectiveness and fostering positive interactions in diverse environments.

Communication, teamwork, adaptability, problem-solving, creativity, time management, and leadership are the top 7 soft skills, crucial for personal and professional success.

Corporate soft skills training enhances employees' interpersonal abilities, communication, teamwork, and leadership, fostering a more effective, collaborative, and adaptable workforce.

Soft skills training enhances communication, teamwork, and adaptability, fostering better relationships and improved problem-solving, leading to career success and effective collaboration in diverse settings.

Soft skills training is crucial as they enhance communication, teamwork, adaptability, and leadership abilities. These skills foster career growth, effective collaboration, and overall personal development.

Employees need soft skills training to enhance communication, collaboration, adaptability, and problem-solving, crucial for success in modern workplaces and building strong professional relationships.

Soft Skills Training Market size was valued at USD 25.9 billion in 2021 and is poised to grow from USD 26.5 billion in 2022 to USD 67.99 billion by 2030, growing at a CAGR of 12.5% in the forecast period (2023-2030).

The soft skills training market is characterized by a diverse array of providers, including online platforms, educational institutions, and corporate training firms. These entities offer a range of courses catering to various industries and skill levels. Differentiation is achieved through course quality, flexibility, and technological integration. The market's growth has sparked innovation in content delivery methods, with a focus on interactive modules, personalized learning experiences, and real-world simulations to effectively cultivate essential soft skills in learners. 'Dale Carnegie & Associates (US)', 'FranklinCovey Co. (US)', 'Skillsoft (US)', 'Udemy (US)', 'Coursera (US)', 'LinkedIn Learning (US)', 'Pluralsight (US)', 'Cegos Group (France)', 'VitalSmarts (US)', 'Cornerstone OnDemand (US)', 'GP Strategies (US)', 'Knowledge Training (US)', 'The Ken Blanchard Companies (US)', 'Vitalsmarts (US)', 'New Horizons Computer Learning Centers (US)', 'DDI (Development Dimensions International) (US)', 'Pearson (UK)', 'D2L (Canada)', 'SkillPath (US)', 'Exec-Comm (US)'

Rapid technological advancements are a significant driver of the soft skills training market. As industries integrate automation and artificial intelligence, the demand for human-centric skills such as communication, problem-solving, and emotional intelligence has surged. Professionals need to complement their technical expertise with strong soft skills to effectively collaborate, innovate, and adapt to the evolving work landscape, fostering a higher demand for soft skills training programs across various sectors and regions.

Personalized learning paths: Personalized learning paths are emerging as a prominent market trend in the soft skills training landscape. Leveraging data analytics and AI, training providers are tailoring content to individual learner's strengths, weaknesses, and preferences. This trend enhances engagement and skill retention, as learners can focus on areas needing improvement. The shift towards personalized learning also promotes self-directed development, allowing professionals to build a custom skill set, ultimately boosting their career growth.

The dominant region in the soft skills training market is North America. With its robust economy, diverse industries, and emphasis on workforce development, North America has been a frontrunner in adopting and promoting soft skills training initiatives. The region's well-established corporate landscape, coupled with the integration of technology in education and training, has contributed to the widespread implementation of soft skills courses. Furthermore, North American organizations prioritize fostering a collaborative work environment, effective communication, and leadership skills, which are key components of soft skills training. The region's inclination towards innovation and its role as a hub for technology and business startups has propelled the demand for soft skills development to ensure professionals can effectively navigate dynamic work environments.

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Soft Skills Training Market Size, Share, Growth Analysis, By Type(Communication Skills, Interpersonal Skills, Time Management, and Others), By End-user(Corporate, Education, and Healthcare), By Region - Industry Forecast 2024-2031

Soft Skills Training Market News

Soft Skills Training Market Report Snapshots

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