The growing need for skill development is driving the global soft skills training market. As companies worldwide are expanding their businesses, they are facing global and regional competition. The surge in the competition levels has led educational institutions and companies to adopt training programs for students and employees. As learning models evolve and learners' diversity increase, a growing number of educational institutions are allotting more time and resources toward enhancing the soft skills of students.In the corporate segment, soft skills are an integral part of non-technical training expenditure. However, one of the challenges that the companies face while providing soft skills training is the need for simultaneous teaching to a large learner base. Soft skills training requires face-to-face interaction; therefore, these trainings were restricted to selective employees within the middle and senior management of

an organization. However, the evolution of technology solutions such as virtual learning platforms and learning management systems (LMS) has enabled companies to overcome this challenge and train a larger section of the workforce with the available limited time and resources.

PART 01: Executive summary 5

Highlights 5

PART 02: Scope of the report 6

Market overview 6

Top-vendors 7

PART 03: Market research methodology 8

Research methodology 8

Economic indicators 8

PART 04: Introduction 9

Key market highlights 9

PART 05: Market landscape 11

Global corporate training market 11

Global higher education market 12

PART 06: Market overview 15

Global soft skills training market 18

Five forces analysis 20

PART 07: Market drivers 21

Rise in collaborative learning methods 21

Digitization of training methods 21

Increased corporate spending on trainings 22

Need for skill development 23

PART 08: Impact of drivers 24

PART 09: Market challenges 25

Absence of effective measurement methods 25

Lack of investments in emerging regions 25

Increase in competition 26

PART 10: Impact of drivers and challenges 27

PART 11: Market trends 28

Industry consolidation 28

Training through social collaboration tools by

organizations 28

Surge in cloud-based training 29

PART 12: Global soft skills training market by end-user30

Global soft skills training market by end-user 30

Global soft skills training market in corporate segment 32

Global soft skills training market in academic sector 34

PART 13: Geographic segmentation 37

Global soft skills training market by geography 37

Soft skills training market in North America 39

Soft skills training market in Europe 41

Soft skills training market in APAC 43

Soft skills training market in ROW 45

PART 14: Vendor landscape 47

Competitive scenario 47

Competitive benchmarking 48

PART 15: Key vendor analysis 50

Articulate 50

Pearson 50

Skillsoft 51

VitalSmarts 54

PART 16: Other prominent vendors 55

PART 17: Appendix 57

List of abbreviations 57

PART 18: Explore Technavio 58