Soft Skills Training Market by End-user and Geography - Forecast and Analysis 2020-2024

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR44695
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The soft skills training market has the potential to grow by USD 14.9 billion during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 11.41%.

This soft skills training market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by end-user (corporate and academic) and geography (North America, Europe, APAC, South America, and MEA). The soft skills training market report also offers information on several market vendors, including Articulate Global Inc., Computer Generated Solutions Inc., Coursera Inc., D2L Corp., edX Inc., NIIT Ltd., Pearson Plc, Skillsoft Ltd., Udemy Inc., and Wilson Learning Worldwide Inc. among others.

What will the Soft Skills Training Market Size be in 2020?

Soft-Skills-Training-Market-Market-Size-2019-2024

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Soft Skills Training Market: Key Drivers and Trends

The emergence of cost -effective e-learning training modules is notably driving the soft skills training market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the soft skills training market get your FREE report sample now.

This soft skills training market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Soft Skills Training Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Articulate Global Inc.
  • Computer Generated Solutions Inc.
  • Coursera Inc.
  • D2L Corp.
  • edX Inc.
  • NIIT Ltd.
  • Pearson Plc
  • Skillsoft Ltd.
  • Udemy Inc.
  • Wilson Learning Worldwide Inc.

 

The soft skills training market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the soft skills training market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Soft Skills Training Market?

Soft-Skills-Training-Market-Market-Share-by-Region-2019-2024

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44% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for soft skills training in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Soft Skills Training Market?

Soft-Skills-Training-Market-Market-Share-by-End-2019-2024

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The soft skills training market share growth by the corporate segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2020-2024 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the soft skills training market size.

 

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What are the Key Factors Covered in this Soft Skills Training Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive soft skills training market growth during the next five years
  • Precise estimation of the soft skills training market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the soft skills training market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of soft skills training market vendors

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Soft Skills Training Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 11%

Market growth 2020-2024

USD 14.9 billion

Market structure

Fragmented

YoY growth (%)

11.15

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 44%

Key consumer countries

US, Canada, UK, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Articulate Global Inc., Computer Generated Solutions Inc., Coursera Inc., D2L Corp., edX Inc., NIIT Ltd., Pearson Plc, Skillsoft Ltd., Udemy Inc., and Wilson Learning Worldwide Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End user
    • Corporate - Market size and forecast 2019-2024
    • Academic - Market size and forecast 2019-2024
    • Market opportunity by End user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • APAC - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Competitive scenario
      • Vendor landscape
      • Landscape disruption
      • Industry risks

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Articulate Global Inc.
      • Computer Generated Solutions Inc.
      • Coursera Inc.
      • D2L Corp.
      • edX Inc.
      • NIIT Ltd.
      • Pearson Plc
      • Skillsoft Ltd.
      • Udemy Inc.
      • Wilson Learning Worldwide Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The soft skills training market growth will increase by $14896.96 million during 2019-2024.
      The soft skills training market is expected to grow at a CAGR of 11.41% during 2019-2024.
      Technavio has segmented the soft skills training market by end user (Corporate and Academic) and geographic (North America, Europe, APAC, South America, and MEA).
      Articulate Global Inc., Computer Generated Solutions Inc., Coursera Inc., D2L Corp., edX Inc., NIIT Ltd., Pearson Plc, Skillsoft Ltd., Udemy Inc., Wilson Learning Worldwide Inc. are a few of the key vendors in the soft skills training market.
      North America will register the highest growth rate of 43.64% among the other regions. Therefore, the soft skills training market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the soft skills training market growth are:
      • Emergence of cost-effective e-learning training modules
      The soft skills training market vendors should focus on grabbing business opportunities from the corporate segment as it accounted for the largest market share in the base year.
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