Home / Press Release / Global Soft Skill Management Market Expected To Grow At A CAGR Of 12.5% During The Forecast Period

Global Soft Skill Management Market Expected To Grow At A CAGR Of 12.5% During The Forecast Period

The latest market report published by Credence Research, Inc. “Soft skill Management Market: Growth, Future Prospects, and Competitive Analysis, 2019 - 2027” the soft skill management market was valued at US$ 38,972.9 Mn in 2027 and expected to grow at a CAGR of 12.5% during the forecast period from 2019 to 2027.

Market Insights

“Rising number of training programs incorporated by industries for employee’s skill development drives the market”

Soft skills are becoming a crucial part of today’s world about 75% of the employees describe soft skills as the most important skill. The increasing investments by various large enterprises and companies in soft skill management in the developing economies such as India and China is one of the key factors driving the soft skills management market. Additionally, with increasing digitalization and advancement in technology, consumers are now becoming more inclined towards using online mode to enhance their soft skills. Similarly, the enhancement of various training programs in schools, universities, management institutes, and corporates across the globe also increases the demand for soft skill management.

Rising demand for higher education empowers students to enroll in soft skills training programs. Moreover, the rising demand for soft skills across various organizations such as hospitality, banking and others supports the growth of the market. Additionally, with rising penetration of smartphones and IoT further supports the growth of the market.

Soft Skill Management Market

Top manufacturers of soft skill management are focusing to increase their portfolio by launching new programs in the market.

Industrial Developments

Key Market Movements:

List of Companies Covered:

Browse the full report at https://www.credenceresearch.com/report/soft-skill-management-market

The Global Soft Skill Management Market is Segmented into:

Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Million

 By Type (2017–2027; US$ Mn)

 By Providers (2017–2027; US$ Mn)

 By Delivery Mode (2017–2027; US$ Mn)

 By Industry Segment (2017–2027; US$ Mn)

 By Geography (2017–2027; US$ Mn)

*Complete segmentation list is on report page

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