Soft skills training market to grow by 32.26% Y-O-Y from 2022 to 2023: Emergence of cost-effective e-learning training modules will drive Growth – Technavio

NEW YORK, Dec. 6, 2022 /PRNewswire/ —

Soft skills training market insights –

• Vendors: 15+, Including Articulate Global Inc., Computer Generated Solutions Inc., CoreAxis, Coursera Inc., Crucial Learning, D2L Corp., edX LLC, Global Training Solutions Inc., GoSkills Ltd., Health and Safety Institute Inc., Interaction Associates Inc., MPS Ltd., New Horizons Computer Learning Centers Inc., NIIT Ltd, SGS SA, Skillsoft Corp., Udacity Inc., Udemy Inc., Wilson Learning Worldwide Inc., and Pearson Plc, among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Delivery mode, end-user, and region

To understand more about the soft skills training market, request a sample report

The soft skills training market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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In 2017, the soft skills training market was valued at USD 11.86 billion. From a regional perspective, North America held the largest market share, valued at USD 5.62 billion. The soft skills training market size is estimated to grow by USD 119.22 billion from 2022 to 2027 at a CAGR of 34.62%, according to Technavio.

Soft skills training market – Customer landscape

To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Soft skills training market – Vendor insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as an increase in service extensions, technological innovations, and M&A. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including –

• Articulate Global Inc. – The company offers soft skills training such as Rise 360.
• Computer Generated Solutions Inc. – The company offers soft skills training such as instructor-led training
• Coursera Inc. – The company offers soft skills training such as communication, critical thinking, and problem-solving

Soft skills training market – Market dynamics

Major drivers:

• Emergence of cost-effective e-learning training modules
• Rising benefits of soft skills training
• Expanding SMB sector

Key challenges:

• Limited demand from developing economies
• Lack of effective metrics
• Poor completion rates of soft skill learning courses

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this soft skills training market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the soft skills training market between 2023 and 2027
• Precise estimation of the size of the soft skills training market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the soft skills training market industry across APAC, North America, Europe, Middle East and Africa, and South America
• Thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of soft skills training market vendors

Related reports:

• The English language training (ELT) market size in China is estimated to grow by USD 70.81 billion with a CAGR of 19.75 % during the forecast period 2021 to 2026. The market is segmented by end-user (institutional learners and individual learners) and product (classroom-based, online, and blended).
• The corporate compliance training market size is estimated to grow by USD 2.36 billion during the forecast period 2021 to 2026. The market is segmented by type (online and blended) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). 

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Table of Content

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Delivery Mode
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global soft skills training market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on Global soft skills training market 2017 – 2021 ($ billion)

• 4.2 End-user Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 – 2021 ($ billion)

• 4.3 By Delivery Mode Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – By Delivery Mode Segment 2017 – 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 30: Chart on End-user – Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Corporate – Market size and forecast 2022-2027
• Exhibit 34: Chart on Corporate – Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Corporate – Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Corporate – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Corporate – Year-over-year growth 2022-2027 (%)

• 6.4 Academic – Market size and forecast 2022-2027
• Exhibit 38: Chart on Academic – Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Academic – Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Academic – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Academic – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 42: Market opportunity by End-user ($ billion)

7 Market Segmentation by Delivery Mode

• 7.1 Market segments 
• Exhibit 43: Chart on Delivery Mode – Market share 2022-2027 (%)
• Exhibit 44: Data Table on Delivery Mode – Market share 2022-2027 (%)

• 7.2 Comparison by Delivery Mode 
• Exhibit 45: Chart on Comparison by Delivery Mode
• Exhibit 46: Data Table on Comparison by Delivery Mode

• 7.3 Offline – Market size and forecast 2022-2027
• Exhibit 47: Chart on Offline – Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Offline – Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Offline – Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Offline – Year-over-year growth 2022-2027 (%)

• 7.4 Online – Market size and forecast 2022-2027
• Exhibit 51: Chart on Online – Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Online – Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Online – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Online – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Delivery Mode 
• Exhibit 55: Market opportunity by Delivery Mode ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027
• Exhibit 61: Chart on North America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Data Table on North America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 63: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe – Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Data Table on Europe – Market size and forecast 2022-2027 ($ billion)
• Exhibit 67: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC – Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on APAC – Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027
• Exhibit 73: Chart on South America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on South America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 81: Chart on US – Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on US – Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 Germany – Market size and forecast 2022-2027
• Exhibit 85: Chart on Germany – Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on Germany – Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.10 UK – Market size and forecast 2022-2027
• Exhibit 89: Chart on UK – Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on UK – Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.11 Japan – Market size and forecast 2022-2027
• Exhibit 93: Chart on Japan – Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on Japan – Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.12 Canada – Market size and forecast 2022-2027
• Exhibit 97: Chart on Canada – Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on Canada – Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on Canada – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Canada – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Articulate Global Inc. 
• Exhibit 108: Articulate Global Inc. – Overview
• Exhibit 109: Articulate Global Inc. – Product / Service
• Exhibit 110: Articulate Global Inc. – Key offerings

• 12.4 Computer Generated Solutions Inc. 
• Exhibit 111: Computer Generated Solutions Inc. – Overview
• Exhibit 112: Computer Generated Solutions Inc. – Product / Service
• Exhibit 113: Computer Generated Solutions Inc. – Key offerings

• 12.5 Coursera Inc. 
• Exhibit 114: Coursera Inc. – Overview
• Exhibit 115: Coursera Inc. – Business segments
• Exhibit 116: Coursera Inc. – Key news
• Exhibit 117: Coursera Inc. – Key offerings
• Exhibit 118: Coursera Inc. – Segment focus

• 12.6 Crucial Learning 
• Exhibit 119: Crucial Learning – Overview
• Exhibit 120: Crucial Learning – Product / Service
• Exhibit 121: Crucial Learning – Key offerings

• 12.7 D2L Corp. 
• Exhibit 122: D2L Corp. – Overview
• Exhibit 123: D2L Corp. – Product / Service
• Exhibit 124: D2L Corp. – Key news
• Exhibit 125: D2L Corp. – Key offerings

• 12.8 edX LLC 
• Exhibit 126: edX LLC – Overview
• Exhibit 127: edX LLC – Product / Service
• Exhibit 128: edX LLC – Key offerings

• 12.9 Global Training Solutions Inc. 
• Exhibit 129: Global Training Solutions Inc. – Overview
• Exhibit 130: Global Training Solutions Inc. – Product / Service
• Exhibit 131: Global Training Solutions Inc. – Key offerings

• 12.10 Health and Safety Institute Inc. 
• Exhibit 132: Health and Safety Institute Inc. – Overview
• Exhibit 133: Health and Safety Institute Inc. – Product / Service
• Exhibit 134: Health and Safety Institute Inc. – Key offerings

• 12.11 MPS Ltd. 
• Exhibit 135: MPS Ltd. – Overview
• Exhibit 136: MPS Ltd. – Product / Service
• Exhibit 137: MPS Ltd. – Key offerings

• 12.12 NIIT Ltd 
• Exhibit 138: NIIT Ltd – Overview
• Exhibit 139: NIIT Ltd – Product / Service
• Exhibit 140: NIIT Ltd – Key news
• Exhibit 141: NIIT Ltd – Key offerings

• 12.13 Pearson Plc 
• Exhibit 142: Pearson Plc – Overview
• Exhibit 143: Pearson Plc – Business segments
• Exhibit 144: Pearson Plc – Key news
• Exhibit 145: Pearson Plc – Key offerings
• Exhibit 146: Pearson Plc – Segment focus

• 12.14 SGS SA 
• Exhibit 147: SGS SA – Overview
• Exhibit 148: SGS SA – Business segments
• Exhibit 149: SGS SA – Key offerings
• Exhibit 150: SGS SA – Segment focus

• 12.15 Skillsoft Corp. 
• Exhibit 151: Skillsoft Corp. – Overview
• Exhibit 152: Skillsoft Corp. – Business segments
• Exhibit 153: Skillsoft Corp. – Key offerings
• Exhibit 154: Skillsoft Corp. – Segment focus

• 12.16 Udacity Inc. 
• Exhibit 155: Udacity Inc. – Overview
• Exhibit 156: Udacity Inc. – Product / Service
• Exhibit 157: Udacity Inc. – Key news
• Exhibit 158: Udacity Inc. – Key offerings

• 12.17 Udemy Inc. 
• Exhibit 159: Udemy Inc. – Overview
• Exhibit 160: Udemy Inc. – Product / Service
• Exhibit 161: Udemy Inc. – Key news
• Exhibit 162: Udemy Inc. – Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 163: Inclusions checklist
• Exhibit 164: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 165: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 166: Research methodology
• Exhibit 167: Validation techniques employed for market sizing
• Exhibit 168: Information sources

• 13.5 List of abbreviations 
• Exhibit 169: List of abbreviations

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