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India Soft Skills Training Market to Reach US$ 1,173.7 Million by 2027, Catalyzed by Shifting Focus Toward the Holistic Development of Employees

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India Soft Skills Training Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India soft skills training market is expected to exhibit a CAGR of 15.14% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Soft skills are a combination of communication, personal attributes, and social and emotional intelligence. Professional soft skills training enables an individual to improve personal attributes, communicate efficiently and manage relationships in a business environment. The training is offered through various offline and web-based platforms. It involves leadership skills, teamwork, problem-solving competency, work ethics, adaptability, and interpersonal communication. These programs help to improve critical thinking, enhance cognitive flexibility, and develop negotiating skills. As compared to other skills, soft skills training results in improved customer service, employee retention, increased job satisfaction and overall work productivity.

 

 
 

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Rapid urbanization, industrialization, and growing focus on the comprehensive development of employees in the corporate sector are majorly driving the soft skills training market in India. Additionally, small- and medium-sized enterprises (SMEs) in the country are increasingly employing such platforms to expand their businesses and build an effective clientele, which is acting as a growth-inducing factor. Other than this, the widespread adoption of collaborative learning methods in academia as a part of the university curriculum to create productive job opportunities is further contributing to the market growth. Moreover, the emerging trend of digitization and the large-scale integration of soft skills training programs with advanced technologies, such as cloud computing, virtual reality (VR) and artificial intelligence (AI), are creating a positive outlook for the market in the country.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India soft skills training market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on soft skill type, channel provider, sourcing, delivery mode and end use industry.

Breakup by Soft Skill Type:

 

 
 

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  • Management and Leadership
  • Administration and Secretarial
  • Communication and Productivity
  • Personal Development
  • Teamwork
  • Others
     

Breakup by Channel Provider:

  • Corporate/ Enterprise
  • Academic/ Education
  • Government
     

Breakup by Sourcing:

  • In-house
  • Outsourced
     

Breakup by Delivery Mode:

  • Online
  • Offline
     

Breakup by End Use Industry:

  • BFSI
  • Hospitality
  • Healthcare
  • Retail
  • Media and Entertainment
  • Others
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Soft Skill Type, Channel Provider, Sourcing, Delivery Mode, End Use Industry, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 2999
Corporate License: US$ 3499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    India Soft Skills Training Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Soft Skill Type
    6.1    Management and Leadership 
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Administration and Secretarial
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Communication and Productivity
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Personal Development
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Teamwork
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7    Market Breakup by Channel Provider
    7.1    Corporate/ Enterprise
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Academic/ Education
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Government
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Sourcing
    8.1    In-house
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Outsourced
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Delivery Mode
    9.1    Online
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Offline
        9.2.1 Market Trends
        9.2.2 Market Forecast
10   Market Breakup by End Use Industry
    10.1    BFSI
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Hospitality
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Healthcare
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Retail
        10.4.1 Market Trends
        10.4.2 Market Forecast
    10.5    Media and Entertainment
        10.5.1 Market Trends
        10.5.2 Market Forecast
    10.6    Others
        10.6.1 Market Trends
        10.6.2 Market Forecast
11    Market Breakup by Region
    11.1    North India
        11.1.1 Market Trends
        11.1.2 Market Breakup by State
        11.1.3 Market Forecast
    11.2    West and Central India
        11.2.1 Market Trends
        11.2.2 Market Breakup by State
        11.2.3 Market Forecast
    11.3    South India
        11.3.1 Market Trends
        11.3.2 Market Breakup by State
        11.3.3 Market Forecast
    11.4    East India 
        11.4.1 Market Trends
        11.4.2 Market Breakup by State
        11.4.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Policy and Regulatory Landscape
17    Competitive Landscape
    17.1    Market Structure
    17.2    Key Players
    17.3    Profiles of Key Players

List of Figures

Figure 1: India: Soft Skills Training Market: Major Drivers and Challenges
Figure 2: India: Soft Skills Training Market: Sales Value (in Million US$), 2016-2021
Figure 3: India: Soft Skills Training Market: Breakup by Soft Skill Type (in %), 2021
Figure 4: India: Soft Skills Training Market: Breakup by Channel Provider (in %), 2021
Figure 5: India: Soft Skills Training Market: Breakup by Sourcing (in %), 2021
Figure 6: India: Soft Skills Training Market: Breakup by Delivery Mode (in %), 2021
Figure 7: India: Soft Skills Training Market: Breakup by End Use Industry (in %), 2021
Figure 8: India: Soft Skills Training Market: Breakup by Region (in %), 2021
Figure 9: India: Soft Skills Training Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: India: Soft Skills Training (Management and Leadership) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: India: Soft Skills Training (Management and Leadership) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: India: Soft Skills Training (Administration and Secretarial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13 India: Soft Skills Training (Administration and Secretarial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: India: Soft Skills Training (Communication and Productivity) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: India: Soft Skills Training (Communication and Productivity) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: India: Soft Skills Training (Personal Development) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: India: Soft Skills Training (Personal Development) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: India: Soft Skills Training (Teamwork) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: India: Soft Skills Training (Teamwork) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: India: Soft Skills Training (Other Soft Skill Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: India: Soft Skills Training (Other Soft Skill Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: India: Soft Skills Training (Corporate/ Enterprise) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: India: Soft Skills Training (Corporate/ Enterprise) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: India: Soft Skills Training (Academic/ Education) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: India: Soft Skills Training (Academic/ Education) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: India: Soft Skills Training (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: India: Soft Skills Training (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: India: Soft Skills Training (In-house) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: India: Soft Skills Training (In-house) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: India: Soft Skills Training (Outsourced) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: India: Soft Skills Training (Outsourced) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: India: Soft Skills Training (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: India: Soft Skills Training (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: India: Soft Skills Training (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: India: Soft Skills Training (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: India: Soft Skills Training (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: India: Soft Skills Training (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: India: Soft Skills Training (Hospitality) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: India: Soft Skills Training (Hospitality) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Soft Skills Training (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Soft Skills Training (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Soft Skills Training (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Soft Skills Training (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Soft Skills Training (Media and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Soft Skills Training (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Soft Skills Training (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Soft Skills Training (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: North India: Soft Skills Training Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: North India: Soft Skills Training Market: Breakup by State (in %), 2021
Figure 50: North India: Soft Skills Training Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: West and Central India: Soft Skills Training Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: West and Central India: Soft Skills Training Market: Breakup by State (in %), 2021
Figure 53: West and Central India: Soft Skills Training Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: South India: Soft Skills Training Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: South India: Soft Skills Training Market: Breakup by State (in %), 2021
Figure 56: South India: Soft Skills Training Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: East India: Soft Skills Training Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: East India: Soft Skills Training Market: Breakup by State (in %), 2021
Figure 59: East India: Soft Skills Training Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: India: Soft Skills Training Industry: SWOT Analysis
Figure 61: India: Soft Skills Training Industry: Value Chain Analysis
Figure 62: India: Soft Skills Training Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Soft Skills Training Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Soft Skills Training Market Forecast: Breakup by Soft Skill Type (in Million US$), 2022-2027
Table 3: India: Soft Skills Training Market Forecast: Breakup by Channel Provider (in Million US$), 2022-2027
Table 4: India: Soft Skills Training Market Forecast: Breakup by Sourcing (in Million US$), 2022-2027
Table 5: India: Soft Skills Training Market Forecast: Breakup by Delivery Mode (in Million US$), 2022-2027
Table 6: India: Soft Skills Training Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 7: India: Soft Skills Training Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: India: Soft Skills Training Market: Competitive Structure
Table 9: India: Soft Skills Training Market: Key Players


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Key Questions Answered in This Report

The India soft skills training market was valued at US$ 509.4 Million in 2021.

We expect the India soft skills training market to exhibit a CAGR of 15.14% during 2022-2027.

The emerging trend among companies to provide high-quality training modules to their employees for
faster achievement of goals and encouraging holistic development, is primarily driving the India soft
skills training market.

In India, the sudden outbreak of the COVID-19 pandemic has led to the rising adoption of web-based
platforms, for remote training of the working professionals to improve their critical thinking, enhance
cognitive flexibility, and develop negotiating skills.

Based on the soft skill type, the India soft skills training market can be segmented into management and
leadership, administration and secretarial, communication and productivity, personal development,
teamwork, and others. Currently, communication and productivity skill holds the majority of the total
market share.

Based on the channel provider, the India soft skills training market has been divided into corporate/
enterprise, academic/ education, and government. Among these, corporate/ enterprise currently
exhibits a clear dominance in the market.

Based on the sourcing, the India soft skills training market can be categorized into in-house and
outsourced, where outsourced training program currently represents the majority of the total market
share.

Based on the delivery mode, the India soft skills training market has been segregated into online and
offline. Currently, offline delivery mode holds the largest market share.

Based on the end use industry, the India soft skills training market can be bifurcated into BFSI,
hospitality, healthcare, retail, media and entertainment, and others. Among these, the BFSI industry
currently exhibits a clear dominance in the market.

On a regional level, the market has been classified into North India, West and Central India, South India,
and East India, where West and Central India currently dominates the India soft skills training market.

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