The latest report by IMARC Group, titled “GCC Soft Skills Training Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The GCC Soft Skills Trainingmarket size reached US$ 504 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,059 Million by 2028, exhibiting a growth rate (CAGR) of 13.2% during 2023-2028.
Factors Affecting the Growth of the GCC Soft Skills Training Industry:
- Workforce Development in the GCC:
In the GCC countries, the concept of workforce development has evolved significantly in recent years. It emphasizes soft skills which include non-technical abilities, including communication, teamwork, leadership, adaptability, and problem-solving. Soft skills are considered instrumental for professional growth and career advancement in today’s dynamic and interconnected global business landscape. Also, employers in the GCC are seeking candidates who possess technical expertise and exhibit strong soft skills, as effective communication is essential in a region with a large multicultural workforce. Teamwork and collaboration are essential as organizations work towards common goals, and leadership skills are crucial for driving innovation and managing teams effectively.
- Education and Training Initiatives:
The government and private sector entities are launching initiatives to promote soft skills training programs. These efforts extend from schools to universities and vocational training centers. In schools, soft skills are integrated into the curriculum to ensure that young learners develop these competencies from an early age. At the university level, there is a growing recognition of the need to produce graduates who are academically proficient and possess the interpersonal skills required by employers. As a result, universities are incorporating soft skills courses and workshops into their offerings. Besides this, vocational training centers in the region have adapted their programs to include soft skills training to equip individuals with the practical skills and soft skills needed to enter the job market with confidence.
- Technological Advancements in Soft Skills Training:
The advent of e-learning platforms and digital tools is transforming the field of soft skills training in the GCC which made such training more accessible and cost-effective than ever before. Also, e-learning platforms offer a flexible and convenient way for individuals to access soft skills training materials. Whether it’s improving communication, honing leadership skills, or enhancing teamwork abilities, these platforms provide a wealth of resources that learners can access at their own pace. Moreover, digital tools enable organizations to assess and track employees’ soft skills development more efficiently which allows companies to tailor training programs to individual needs and measure the impact of such programs on organizational performance.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/gcc-soft-skills-training-market/requestsample
Report Segmentation:
The report has segmented the market into the following categories:
By Soft Skill Type:
- Management and Leadership
- Administration and Secretarial
- Communication and Productivity
- Personal Development
- Teamwork
- Others
Productivity accounted for the largest market segment due to the increasing demand for skills related to time management, goal setting, and task prioritization, to enhance efficiency and effectiveness in their professional endeavors.
By Channel Provider:
- Corporate/ Enterprise
- Academic/ Education
- Government
Corporate/enterprise providers dominate the market growth in the GCC due to businesses prioritizing investing in the development of their workforce’s soft skills to improve overall performance and competitiveness.
By Sourcing:
- In-house
- Outsourced
The outsourced segment is dominating the segment and focusing on cost-efficiency and specialization. Many businesses in the GCC opt for outsourcing their soft skills training needs to specialized training providers, which allows them to access expertise and resources without the overhead costs associated with in-house training programs. Additionally, outsourcing provides flexibility, enabling organizations to tailor training solutions to their specific requirements, further contributing to its prominence in the market.
By Delivery Mode:
- Online
- Offline
Offline delivery mode holds the largest market share due to traditional learning preferences and the availability of in-person training options and individuals and organizations valuing face-to-face interactions and instructor-led training, contributing to the prominence of offline delivery methods.
By End Users:
- BFSI
- Hospitality
- Healthcare
- Retail
- Media and Entertainment
- Others
The banking, financial services, and insurance (BFSI) sector accounts for the majority of the market share. The BFSI sector places a premium on soft skills such as communication, customer service, and financial acumen, as they are essential for building strong client relationships and ensuring compliance with industry regulations.
Breakup by Country:
- Saudi Arabia
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
Saudi Arabia emerges as the largest market among GCC countries due to its substantial population, a rapidly evolving business landscape, and significant investments in education and professional development.
GCC Soft Skills Training Market Opportunities:
The GCC soft skills training market presents significant opportunities for growth and development. As the region continues to diversify its economy away from oil dependence, the demand for a skilled and adaptable workforce with strong soft skills is on the rise which opens opportunities for training providers, domestic and international, to offer numerous soft skills programs, including communication, leadership, and teamwork.
Furthermore, the GCC’s commitment to education and training initiatives, coupled with a youthful demographic, creates a favorable environment for long-term opportunities in the soft skills training sector.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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