Personal Development Market Size to Grow by USD 755.16 Million From 2022 to 2027, Customer Landscape, Vendor Assessment & Market Dynamics- Technavio

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- Technavio categorizes the Global Personal Development Market as a part of the parent education services market, covering the revenue generated by consumer service providers, including home security services, residential services, personal services, legal services, renovation and interior design services, wedding services, consumer auction services, and funeral services. Our research report has extensively covered external factors influencing the parent market growth during the forecast period. The Global Personal Development Market share is set to increase by USD 755.16 million from 2022 to 2027. Moreover, the market's growth momentum will accelerate at a CAGR of 8.31% as per the latest market forecast report by Technavio. The market will also record a 6.92% Y-O-Y growth rate during the forecast period.

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Global Personal Development Market - Customer Landscape

Our report analyzes the Life Cycle of the Global Personal Development Market from the innovator's stage to the laggard's stage. The report illustrates the lifecycle of the global personal development market, focusing on the adoption rates of the major countries such as the US, Canada, China, Japan, India, and Germany. To help companies evaluate and develop growth strategies for 2022-2027. Our researchers have included –

• Key purchase criteria
• Adoption rates
• Adoption lifecycles
• Drivers of price sensitivity
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Global Personal Development Market – Vendor Analysis

Vendor Landscape - The personal development market is highly fragmented, with numerous players competing with each other. Actors focus on marketing strategies to attract potential customers. Various discounts and benefits for course registration are offered. Such marketing strategies help players build a strong consumer base. These factors will contribute to the overall growth of the personality development market during the forecast period. Some of the key vendors in the market include Dale Carnegie and Associates Inc., Coursera Inc., Esalen Institute, edX LLC, and Franklin Covey Co.

Vendor Offerings -

• dalecarnegiefranchise.com - The company offers personal development services such as courses for developing personal leadership.
• esalen.org - The company offers personal development services such as open group classes, namely Self-Guided Explorations.
• franklincovey.com - The company offers personal development services such as live online and live in-person workshops for developing mindsets and essential skillsets.
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Global Personal Development Market - Segmentation Assessment

Geography Segment Overview

Technavio's market research report entails detailed information on regional opportunities in store for vendors, which will assist in generating sales revenues. The Global Personal Development Market as per geography is categorized into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides an accurate prediction of the contribution of all regions to the growth of the Global Personal Development Market size and actionable market understandings.

• Regional Highlights - North America is the fastest-growing region in the global personal development market compared to other regions. 32% of the market's growth will originate from North America. The growth of the market in the region is driven by the rising demand for personal development training and the number of smart device users and mobile broadband connections. In addition, the need for personal development solutions is expected to be driven by the early adoption of e-books, audiobooks, and other digitally enhanced platforms for learning activities.
• Revenue Generating Segment Highlights - The Global Personal Development Market as per distribution channel segmentation is categorized into Online and Offline. The personal development market share growth by the online segment will be significant during the forecast period. The rapid adoption of digital technology is expected to raise the demand for virtual platforms during the forecast period.

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Global Personal Development Market – Market Dynamics

• Major Driver - The increase in cost-effective content development is driving market growth. Vendors are investing significantly in content marketing strategies. Content marketing is an effective way to increase the involvement of the audience. The presence of high-quality, consistent, and engaging content influences the decisions of the audience.
• Major Trend - The rising adoption of cloud computing in the academic sector is a trend in the market. Students and institutions prefer online content due to its low cost of acquisition and ease of use. Vendors are helping educational institutions improve and develop their digital library systems using cloud services. Thus, the adoption of smartphones is also expected to boost the growth of the market.
• Major Challenges - The increasing adoption of open-source solutions may challenge market growth. Open-source personality development solutions provide free-of-cost solutions. Most audiences prefer these solutions instead of paid solutions.

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Personal Development Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist the personal development market growth during the next five years
• Estimation of the personal development market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the personal development market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the personal development market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global personal development market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global personal development market 2017 - 2021 ($ million)

• 4.2 Distribution channel Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

• 6.1 Market segments 
• Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 6.2 Comparison by Distribution Channel 
• Exhibit 32: Chart on Comparison by Distribution Channel
• Exhibit 33: Data Table on Comparison by Distribution Channel

• 6.3 Online - Market size and forecast 2022-2027
• Exhibit 34: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 6.4 Offline - Market size and forecast 2022-2027
• Exhibit 38: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Distribution Channel
• Exhibit 42: Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 43: Chart on Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Self-awareness and skillset enhancement - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Self-awareness and skillset enhancement - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Self-awareness and skillset enhancement - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Self-awareness and skillset enhancement - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Self-awareness and skillset enhancement - Year-over-year growth 2022-2027 (%)

• 7.4 Mental health - Market size and forecast 2022-2027
• Exhibit 51: Chart on Mental health - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Mental health - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Mental health - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Mental health - Year-over-year growth 2022-2027 (%)

• 7.5 Physical health - Market size and forecast 2022-2027
• Exhibit 55: Chart on Physical health - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Physical health - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Physical health - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Physical health - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Type 
• Exhibit 59: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027
• Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027
• Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 India - Market size and forecast 2022-2027
• Exhibit 105: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.14 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Dale Carnegie and Associates Inc. 
• Exhibit 116: Dale Carnegie and Associates Inc. - Overview
• Exhibit 117: Dale Carnegie and Associates Inc. - Product / Service
• Exhibit 118: Dale Carnegie and Associates Inc. - Key offerings

• 12.4 Esalen Institute 
• Exhibit 119: Esalen Institute - Overview
• Exhibit 120: Esalen Institute - Product / Service
• Exhibit 121: Esalen Institute - Key offerings

• 12.5 Franklin Covey Co. 
• Exhibit 122: Franklin Covey Co. - Overview
• Exhibit 123: Franklin Covey Co. - Business segments
• Exhibit 124: Franklin Covey Co. - Key offerings
• Exhibit 125: Franklin Covey Co. - Segment focus

• 12.6 Hay House Publishing 
• Exhibit 126: Hay House Publishing - Overview
• Exhibit 127: Hay House Publishing - Product / Service
• Exhibit 128: Hay House Publishing - Key offerings

• 12.7 Landmark Worldwide Enterprises Inc. 
• Exhibit 129: Landmark Worldwide Enterprises Inc. - Overview
• Exhibit 130: Landmark Worldwide Enterprises Inc. - Product / Service
• Exhibit 131: Landmark Worldwide Enterprises Inc. - Key offerings

• 12.8 Nutrisystem Inc. 
• Exhibit 132: Nutrisystem Inc. - Overview
• Exhibit 133: Nutrisystem Inc. - Product / Service
• Exhibit 134: Nutrisystem Inc. - Key offerings

• 12.9 Omega Institute 
• Exhibit 135: Omega Institute - Overview
• Exhibit 136: Omega Institute - Product / Service
• Exhibit 137: Omega Institute - Key offerings

• 12.10 Pluralsight Inc. 
• Exhibit 138: Pluralsight Inc. - Overview
• Exhibit 139: Pluralsight Inc. - Product / Service
• Exhibit 140: Pluralsight Inc. - Key offerings

• 12.11 SkillPath 
• Exhibit 141: SkillPath - Overview
• Exhibit 142: SkillPath - Product / Service
• Exhibit 143: SkillPath - Key offerings

• 12.12 Skillsoft Corp. 
• Exhibit 144: Skillsoft Corp. - Overview
• Exhibit 145: Skillsoft Corp. - Business segments
• Exhibit 146: Skillsoft Corp. - Key offerings
• Exhibit 147: Skillsoft Corp. - Segment focus

• 12.13 Success Resources Australia Pty Ltd. 
• Exhibit 148: Success Resources Australia Pty Ltd. - Overview
• Exhibit 149: Success Resources Australia Pty Ltd. - Product / Service
• Exhibit 150: Success Resources Australia Pty Ltd. - Key offerings

• 12.14 Toastmasters International 
• Exhibit 151: Toastmasters International - Overview
• Exhibit 152: Toastmasters International - Product / Service
• Exhibit 153: Toastmasters International - Key offerings

• 12.15 Udemy Inc. 
• Exhibit 154: Udemy Inc. - Overview
• Exhibit 155: Udemy Inc. - Product / Service
• Exhibit 156: Udemy Inc. - Key news
• Exhibit 157: Udemy Inc. - Key offerings

• 12.16 Wilson Learning Worldwide Inc. 
• Exhibit 158: Wilson Learning Worldwide Inc. - Overview
• Exhibit 159: Wilson Learning Worldwide Inc. - Product / Service
• Exhibit 160: Wilson Learning Worldwide Inc. - Key offerings

• 12.17 WW International Inc. 
• Exhibit 161: WW International Inc. - Overview
• Exhibit 162: WW International Inc. - Business segments
• Exhibit 163: WW International Inc. - Key offerings
• Exhibit 164: WW International Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 165: Inclusions checklist
• Exhibit 166: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 167: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 168: Research methodology
• Exhibit 169: Validation techniques employed for market sizing
• Exhibit 170: Information sources

• 13.5 List of abbreviations 
• Exhibit 171: List of abbreviations

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