Dublin, July 09, 2024 (GLOBE NEWSWIRE) -- The "Personal Development - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Personal Development was valued at an estimated US$44.4 Billion in 2023 and is projected to reach US$57.3 Billion by 2030, growing at a CAGR of 3.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Growth in the personal development market is driven by several factors, including increased awareness and acceptance of mental health issues, corporate wellness programs, and the economic benefits associated with personal improvement. As mental health continues to gain recognition as a critical aspect of overall health, more individuals are seeking ways to improve their emotional and psychological well-being, which in turn fuels demand for personal development products and services.
Moreover, businesses are increasingly investing in personal development programs for employees to boost productivity, reduce workplace stress, and improve employee retention rates. Economically, individuals recognize the advantages of personal growth in enhancing employability and career progression.
Government initiatives promoting lifelong learning and continuous professional development further stimulate this market, reflecting a societal shift towards the lifelong cultivation of personal and professional skills. These diverse drivers ensure a robust growth trajectory for the personal development industry, catering to a society that is progressively geared towards self-improvement and sustainable well-being.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Personal Coaching / Training segment, which is expected to reach US$22.5 Billion by 2030 with a CAGR of a 3.6%. The e-Platforms segment is also set to grow at 4.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $12.1 Billion in 2023, and China, forecasted to grow at an impressive 7.0% CAGR to reach $12.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Personal Development Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Dale Carnegie & Associates, Inc., Franklin Covey Co., Gaia, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 280 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $44.4 Billion |
| Forecasted Market Value (USD) by 2030 | $57.3 Billion |
| Compound Annual Growth Rate | 3.7% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Personal Development - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Growing Corporate Focus on Employee Wellbeing Drives Market for Personal Development
- Influence of Social Media on Personal Growth Trends and Accessibility
- Expansion of Coaching and Mentoring Services in Personal Development
- Rising Popularity of Podcasts and Webinars as Learning Tools
- Technological Innovations in Personal Development Apps and Platforms
- Consumer Demand for Customized and Flexible Learning Paths
- Integration of AI in Personal Development for Tailored Learning Experiences
- Growth of the Gig Economy and Its Impact on Personal Skill Development
- The Rise of Online Communities in Supporting Personal Growth
FOCUS ON SELECT PLAYERS (Total 34 Featured)
- Dale Carnegie & Associates, Inc.
- Franklin Covey Co.
- Gaia, Inc.
- Hay House, LLC
- Headspace, Inc.
- Landmark Worldwide Enterprises Inc.
- Lifehack
- Mindvalley, Inc
- OpenSesame Inc.
- Robbins Research International, Inc. (Tony Robbins)
- Skillsoft Corporation
- Success Resources Australia
- The Graceland College Center for Professional Development and Lifelong Learning, Inc. d/b/a Skillpath
- Toastmasters International
- Udemy, Inc.
- Wilson Learning Worldwide Inc.
For more information about this report visit https://www.researchandmarkets.com/r/gcp48x
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