Product ID: SQMIG50B2022
Report ID:
SQMIG50B2022 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
68 |
Figures:
75
North America held the largest share of the global personal development market. In North America, there has been strong uptake of digitally upgraded platforms for self-improvement activities. It is anticipated that early adoption of audiobooks, e-books, and other technologically advanced learning platforms will increase demand for personal development courses in the region. Due to an increase in the number of people participating in various self-improvement programmes that focus on improving communication skills, South America, the Middle East, and Africa are predicted to experience significant growth between 2020 and 2027. The early uptake and rising interest in e-books and audiobooks are also encouraging signs for the expansion of the local industry.
In addition, the Asia-Pacific region is anticipated to contribute significantly to the expansion of the personal development market globally over the course of the forecast period as a result of growing government backing for innovative initiatives to improve kids' skills. For instance, the Delhi government introduced a daily online "English and Personality Development" programme in May 2020 for children in classes 10 and 12. The British Council and MacMillian Education are partners in the program's introduction. Approximately 2,70,000 students, according to officials (class 10 and 12 combined) were able to access the link and enroll in the course.
According to projections, the European Personal Development Market will grow at a large rate, primarily as a result of people's increased attention to maintaining their mental health. People from the general public are taking part in personal development initiatives that primarily focus on psychological and spiritual growth in Europe. Additionally, the rise of this market in the European region is expected to benefit from an increase in physical exercise programmes.
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REQUEST FREE CUSTOMIZATIONPersonal Development Market size was valued at USD 41.81 billion in 2019 and is poised to grow from USD 44.11 billion in 2023 to USD 71.42 billion by 2031, growing at a CAGR of 5.5% in the forecast period (2024-2031).
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Product ID: SQMIG50B2022