Personal Development Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Personal Development Market by region.
Global Personal Development Market to reach USD 56.99 billion by 2027.Global Personal Development Market is valued approximately at USD 40.23 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.1% over the forecast period 2021-2027.
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Personal development includes aspects such as mental, physical, social, emotional, and spiritual growth to improve awareness and identity, develop talents, potential and building human capital. Growing trend of using digital platform for self-growth among millennials is benefitting the market. Growing awareness regarding physical and emotional fitness, huge availability of digital content that can be accessed also from remote locations, and constant introduction of new online and offline courses are fueling the growth in the market.
For instance, in December 2019, Nutrisystem, Inc. launched personal weight loss plans for 2020, based on food preferences and body type of customers. The new program was aimed to provide food recommendations and custom macronutrients for weight loss based on individual favorites. Also, in September 2019, Udemy Inc. launched Udemy for Business, a corporate learning platform in India. Udemy for business is consisted of 3,500 technical and business courses that can be accessed after taking a subscription. Furthermore, growing competition in government and private jobs has surged the demand for personal development market coupled with rising needs among employees to meet employer’s expectation are expected to boost the demand in the market in near future. However, security and data concern and busy lifestyle of individuals are expected to hinder the growth during forecast period.
North America is leading the market in terms of market share among Asia Pacific, North America, Europe, Latin America, and Rest of the World, due to early adoption of e-books, audio books and digitally advanced platforms for learning practices. Whereas Asia Pacific is expected to grow at the highest growth rate due to growing awareness regarding enhancing professional skills for better career opportunities and growing adoption of digital learning mediums.
Major market player included in this report are:
Dale Carnegie & Associates, Inc.
Toastmasters International
Franklin Covey Co.
WW International, Inc.
Wilson Learning
SkillPath
Landmark Worldwide
Success Resources America
Omega Institute
Nutrisystem Inc.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Instrument:
Books
e-Platforms
Personal Coaching/Training
Workshop & Seminars
By Focus Area:
Mental Health
Motivation & Inspiration
Physical Health
Self-awareness
Skillset Enhancement
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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List of Factors Covered in the Report are:
Major Strategic Developments: The report abides by quality and quantity. It covers the major strategic market developments, including R&D, M&A, agreements, new products launch, collaborations, partnerships, joint ventures, and geographical expansion, accompanied by a list of the prominent industry players thriving in the market on a national and international level.
Key Market Features:
Major subjects like revenue, capacity, price, rate, production rate, gross production, capacity utilization, consumption, cost, CAGR, import/export, supply/demand, market share, and gross margin are all assessed in the research and mentioned in the study. It also documents a thorough analysis of the most important market factors and their most recent developments, combined with the pertinent market segments and sub-segments.
List of Highlights & Approach
The report is made using a variety of efficient analytical methodologies that offers readers an in-depth research and evaluation on the leading market players and comprehensive insight on what place they are holding within the industry. Analytical techniques, such as Porter’s five forces analysis, feasibility studies, SWOT analyses, and ROI analyses, are put to use to examine the development of the major market players.
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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