Global Soft Skills Talent Management Market Size is Expected to Hold a Significant Share by 2035 | CAGR of 8.2%
Category: Information & TechnologyGlobal Soft Skills Talent Management Market Size to Exceed 8.2% by 2035
According to a Research Report Published by Spherical Insights & Consulting, The Global Soft Skills Talent Management Market Size is expected to hold a significant share by 2035, at a CAGR of 8.2% during the forecast period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global Soft Skills Talent Management Market Size, Share, and COVID-19 Impact Analysis, By Soft Skills Type (Management & Leadership, Administration & Secretarial, Communication & Productivity, Personal Development, and Others), By Delivery Mode (Regular/Offline and Online), By Provider (Corporate/Enterprise and Academic/Education), By End-User (Banking, Financial Services & Insurance, Manufacturing, Hospitality, IT & Telecom, Education, Retail, Media & Entertainment, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/soft-skills-talent-management-market
Soft skills talent management is the planned, rigorous process of identifying, developing, measuring, and implementing non technical, behavioral, emotional, and interpersonal competencies across the course of an employee's career. Its objectives are to ensure alignment with current and future corporate objectives, foster productive cooperation and culture, and enhance individual and organizational performance. Organizations are realizing that technological proficiency alone is no longer enough to propel long term success in a business climate that is changing quickly. In order to create resilient, cooperative, and high performing teams, soft skills like communication, emotional intelligence, flexibility, cooperation, and leadership are essential. The strategic process by which businesses find, develop, assess, and utilize these non technical skills throughout the employment lifetime is known as talent management. Organizations can better align staff behaviors with their strategic objectives and fundamental values by including soft skill development into hiring, onboarding, performance management, leadership development, and succession planning. However, the soft skills talent management’s lack of awareness & priority is likely going to restrict market expansion.
The communication & productivity segment dominated the market with 41.2% in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the soft skills talent management market is divided into management & leadership, administration & secretarial, communication & productivity, personal development, and others. Among these, the communication & productivity segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segment's development is stimulated by achieving deadlines and client expectations, as well as interacting with teams, which depend on effective communication and productivity skills. Miscommunication and inefficiency become costly for firms as a result of remote and hybrid work. Thus, the need for effective communication, teamwork, time management, and productivity tools increased, and that market became dominant.
The online segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the soft skills talent management market is divided into regular/offline and online. Among these, the online segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment's increase is due to its cost effectiveness, scalability, and flexibility, which allow students to attend training at any time and from any location. Demand was increased by the move to remote and hybrid work, and online delivery became more interesting due to quick technological advancements such as e learning platforms, interactive tools.
The corporate/enterprise segment accounted for the dominant market revenue with 67% in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the soft skills talent management market is divided into corporate/enterprise and academic/education. Among these, the corporate/enterprise segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Due to their financial means and strategic motivation, corporate and enterprise users can make significant investments in soft skills training, which connects to competitive advantage, employee performance, retention, and leadership development. The scale of large firms also helps them measure impact, implement customized programs, and include soft skills in individual management frameworks.
The IT & telecom segment accounted for the dominant market revenue with 16.41% in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the soft skills talent management market is divided into banking, financial services & insurance, manufacturing, hospitality, IT & telecom, education, retail, media & entertainment, and others. Among these, the IT & telecom segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Since the IT and telecom industries rely heavily on technology, they need individual with good communication, teamwork, and flexibility abilities, especially when working with remote teams, international clients, and rapid digital change. Additionally, their adoption of scalable soft skills programs and online training is typically quicker.
North America is expected to hold the majority share of the global Soft Skills Talent Management market during the forecast period.
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North America is expected to hold the majority share with 38.2% of the global soft skills talent management market during the forecast period. The soft skills talent management market is encouraged due to its well established corporate training culture, significant investment in staff training, broad use of digital learning resources, and large concentration of global corporations that prioritize communication, leadership, and flexibility.
Asia Pacific is anticipated to grow at the fastest pace, with 23% in the global soft skills talent management market during the forecast period. The soft skills talent management market in the Asia Pacific is bolstered by its sizable, youthful workforce, growing economic expansion, growing digitization of training delivery, and robust corporate and governmental efforts to address the soft skills gap and upskill workers.
Major vendors in the global soft skills talent management market are LinkedIn Learning (Microsoft), Coursera Inc., Udemy, Inc., Skillsoft Corporation, FranklinCovey Co., DDI (Development Dimensions International), The Ken Blanchard Companies, GP Strategies Corporation, Hemsley Fraser Group (Part of GP Strategies), Allen Interactions, Cengage Learning Inc., Pearson PLC, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
In January 2022, EdTech company upGrad acquired Work Better to strengthen its B2B soft skills training portfolio; Work Better brings in expertise in communication, leadership, customer service, etc.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the soft skills talent management market based on the below-mentioned segments:
Global Soft Skills Talent Management Market, By Soft Skills Type
- Management & Leadership
- Administration & Secretarial
- Communication & Productivity
- Personal Development
- Others
Global Soft Skills Talent Management Market, By Delivery Mode
- Regular/Offline
- Online
Global Soft Skills Talent Management Market, By Provider
- Corporate/Enterprise
- Academic/Education
Global Soft Skills Talent Management Market, By End-User
- Banking
- Financial Services & Insurance
- Manufacturing, Hospitality
- IT & Telecom, Education, Retail
- Media & Entertainment
- Others
Global Soft Skills Talent Management Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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