The latest report by IMARC, titled “GCC Soft Skills Training Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, finds that the GCC soft skills training market size is growing at a CAGR of 13.70% during the forecast period (2022-2027). Soft skills refer to the individual emotional quotient (EQ), which includes communication skills, personal attributes, and social intelligence. This training is vital for efficient communication and managing relationships in a business environment. It also allows individuals to enhance critical thinking and creativity, develop negotiating skills, and improve cognitive flexibility. It includes teamwork, leadership skills, problem-solving competency, work ethics, teamwork, and interpersonal communication. In recent years, soft skills training has gained momentum as it is beneficial in enhancing customer service, increasing job satisfaction, employee retention, and overall work productivity.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of the associated industries. These observations will be further integrated into the report.
GCC Soft Skills Training Market Trends:
One of the primary factors driving the market is the rising focus on the comprehensive development of employees in the corporate sector. In the GCC region, soft skills training programs are being incorporated into academia as part of university modules to create lucrative professional opportunities, thereby creating a positive market outlook. Other than this, rapid digitalization and the large-scale integration of soft skills training programs with advanced technologies, including cloud computing, virtual reality (VR), and artificial intelligence (AI), are positively influencing the market growth. Besides this, there is a surge in need to minimize the skill gap among professionals. As a result, new employees are enrolled in these soft skill training programs to inculcate numerous skills, such as cohesiveness, delegation, and collaboration, thereby escalating the demand for soft skills training across the region. Other growth-inducing factors include extensive investment in digital learning and acquiring various new skills by the masses.
- Based on the soft skill type, the market has been divided into management and leadership, administration and secretarial, communication and productivity, personal development, teamwork, and others.
- On the basis of the channel provider, the market has been segmented into corporate/enterprise, academic/education, and government.
- Based on the sourcing, the market has been bifurcated into in-house and outsourced.
- On the basis of the delivery mode, the market has been segregated into online and offline.
- Based on the end use industry, the market has been categorized into BSFI, hospitality, healthcare, retail, media and entertainment, and others.
- Region-wise, the market has been classified into Saudi Arabia, UAE, Qatar, Oman, Kuwait, and Bahrain.
- The competitive landscape of the market has also been analyzed, along with detailed analysis of the profiles of key players operating in the market.
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