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Global Soft Skills Training Market 2016-2020

Global Soft Skills Training Market 2016-2020

About Soft Skills Training

Soft skills can be broadly categorized under three segments: character, interpersonal skills, and critical and creative thinking. Soft skills play a crucial role in enabling individuals to communicate effectively, manage a team with good interpersonal skills, and solve problems. Therefore, apart from training students and employees in technical skills, organizations and education institutions are using their discretionary budget to train them in soft skills.

Technavio’s analysts forecast the global soft skills training market to grow at a CAGR of 9.54% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global soft skills training market for 2016-2020. To calculate the market size, the report considers the revenue generated by vendors providing soft skills training solutions.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Soft Skills Training Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Articulate
  • Pearson
  • Skillsoft
  • VitalSmarts
Other prominent vendors
  • Computer Generated Solutions
  • Desire2Learn
  • Global Training Solutions
  • Interaction Associates
  • New Horizons Computer Learning Centers
  • NIIT
  • QA
  • Tata Interactive Systems
  • Wilson Learning Worldwide
Market driver
  • Rise in collaborative learning methods
  • For a full, detailed list, view our report
Market challenge
  • Absence of effective measurement methods
  • For a full, detailed list, view our report
Market trend
  • Industry consolidation
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Soft Skills Training Market 2016-2020

Technavio recognizes the following companies as the key players in the global soft skills training market: Articulate, Pearson, Skillsoft, and VitalSmarts.

Other Prominent Vendors in the market are: Computer Generated Solutions, Desire2Learn, Global Training Solutions, Interaction Associates, New Horizons Computer Learning Centers, NIIT, QA, Tata Interactive Systems, and Wilson Learning Worldwide.

Commenting on the report, an analyst from Technavio’s team said: “A growing number of organizations are incorporating social media platforms such as Facebook, Twitter, and LinkedIn into their learning environments. Through social networks, employees are engaged in informal learning options such as blogs, wikis, and discussion forums that are considered as effective training tools. The use of social media is growing in large organizations, as it provides employees a chance to engage in active and collaborative learning.”

According to the report, educational institutions, especially higher education, are laying stronger emphasis on collaborative learning that is accelerated due to the availability of new learning models within the overall e-learning framework. Collaborative learning enables students to improve a multi-dimensional skillset that consists of hard skills and soft skills.

Further, the report states that companies and institutions that are organizing training sessions for their employees or students are finding it difficult to measure the achievement of training objectives. Despite the emergence of various technologically advanced measurement and assessment tools, organizations still struggle to measure the effectiveness of certain necessary training programs.



Companies Mentioned

Articulate, Pearson, Skillsoft, VitalSmarts, Computer Generated Solutions, Desire2Learn, Global Training Solutions, Interaction Associates, New Horizons Computer Learning Centers, NIIT, QA, Tata Interactive Systems, Wilson Learning Worldwide.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Countries covered for market analysis
    • Top-vendors
      • Table Top vendors
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Global corporate training market
      • Table Global corporate training market 2015-2020 ($ billions)
    • Global higher education market
      • Table Global higher education market 2015-2020 ($ billions)
  • Market overview
    • Table Soft skills: Key attributes
    • Table Key attributes of soft skills
    • Global soft skills training market
      • Table Global soft skills training market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market drivers
    • Rise in collaborative learning methods
    • Digitization of training methods
    • Increased corporate spending on trainings
      • Table Global corporate training market 2015-2020 ($ billions)
    • Need for skill development
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Absence of effective measurement methods
    • Lack of investments in emerging regions
    • Increase in competition
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Industry consolidation
    • Training through social collaboration tools by organizations
    • Surge in cloud-based training
  • Global soft skills training market by end-user
    • Global soft skills training market by end-user
      • Table Global soft skills training market by end-user 2015
      • Table Global soft skills training market by end-user 2020
      • Table Global soft skills training market by end-user 2015-2020 ($ billions)
    • Global soft skills training market in corporate segment
      • Table Global soft skills training market in corporate segment 2015-2020 ($ billions)
    • Global soft skills training market in academic sector
      • Table Global soft skills training market in academic sector 2015-2020 ($ billions)
      • Table Revenue contribution in academic sector 2015
  • Geographic segmentation
    • Global soft skills training market by geography
      • Table Global soft skills training market by geography 2015
      • Table Global soft skills training market by geography 2020
      • Table Global soft skills training market by geography 2015-2020 ($ billions)
    • Soft skills training market in North America
      • Table Soft skills training market in North America 2015-2020 ($ billions)
    • Soft skills training market in Europe
      • Table Soft skills training market in Europe 2015-2020 ($ billions)
    • Soft skills training market in APAC
      • Table Soft skills training market in APAC 2015-2020 ($ billions)
    • Soft skills training market in ROW
      • Table Soft skills training market in ROW 2015-2020 ($ billions)
  • Vendor landscape
    • Competitive scenario
    • Competitive benchmarking
      • Table Vendor analysis
      • Table Key vendors: Strategic initiatives overview
  • Key vendor analysis
    • Articulate
      • Table Articulate: Product offerings
    • Pearson
    • Skillsoft
      • Table Skillsoft: Solution segmentation
    • VitalSmarts
  • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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