Soft Skills Training Market Analysis: Impact of Digital Learning & AI

Global Soft Skills Training Market Share Poised to Reach USD 37.78 Billion by 2030

Pune, India – March 5, 2025 – The global soft skills training market, valued at USD 25.29 billion in 2023, is projected to reach USD 37.78 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period from 2024 to 2030.

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Market Definition and Estimation

Soft skills encompass a range of non-technical competencies, including communication, teamwork, problem-solving, and emotional intelligence, which are essential for effective workplace performance. As organizations recognize the importance of these skills in enhancing productivity and fostering a collaborative work environment, the demand for soft skills training has surged globally.

Market Growth Drivers and Opportunities

Several factors are driving the growth of the soft skills training market:

• Widening Skill Gap: Employers increasingly seek candidates who are not only technically proficient but also possess strong soft skills. The growing disparity between the skills required by employers and those possessed by job seekers has heightened the demand for soft skills training programs.
• Proliferation of Online Training Platforms: The advent of digital learning platforms has made soft skills training more accessible and cost-effective, enabling individuals and organizations to engage in flexible learning solutions.
• Corporate Emphasis on Employee Development: Organizations are investing in employee development programs to enhance interpersonal skills, leadership capabilities, and adaptability, recognizing the impact of soft skills on overall business success.

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Segmentation Analysis

The soft skills training market is segmented based on mode of delivery:

• Online Training: This segment is expected to grow at a CAGR of 14% during the forecast period, driven by the increasing adoption of online education facilities worldwide. The flexibility and accessibility of online training make it a preferred choice for both individuals and organizations.
• Offline Training: Traditional classroom-based training continues to hold significance, particularly in regions with limited digital infrastructure or where hands-on, interactive learning is preferred.

Regional Insights

• North America: In 2023, North America held a significant market share in the soft skills training market, attributed to high digital usage, awareness of fast learning programs in corporates and educational institutes, and the presence of key market players.
• Asia Pacific: This region is expected to expand at the highest CAGR during the forecast period, driven by a significant shift in the education industry and a substantial population base. Governments in countries like China, India, and Japan are actively supporting training and development courses to reduce unemployment, thereby boosting the demand for soft skills training.

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Competitive Landscape

The soft skills training market is characterized by the presence of several key players focusing on developing innovative and diverse courses to cater to specific trainee needs. Notable companies include:

• Skillsoft Corporation: A leading provider of online learning and training solutions, offering a comprehensive suite of soft skills training programs.
• edX, Inc.: Established by MIT and Harvard University, edX is a prominent MOOC (massive open online course) provider, delivering courses in multiple languages to a global audience.

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