Lewes, DE -- (SBWire) -- 12/06/2016 --Report forecast the global soft skills training market to grow at a CAGR of 9.54% during the period 2016-2020.
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.
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
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.
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 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.
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?
Spanning over 59 pages and 28 Exhibits "Global Soft Skills Training Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market overview, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Global soft skills training market by end-user, Geographic segmentation, Vendor landscape, Key vendor analysis, Other prominent vendors, Appendix.
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Global Soft Skills Training Market to Grow at a CAGR of 9.54% During the Period 2016 - 2020; Finds New Report
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