NEW YORK, Nov. 26, 2021 /PRNewswire/ -- The personal development market is expected to grow by USD 557.89 million from 2020 to 2025, progressing at a CAGR of 7.75% according to the latest market report by Technavio.
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Personal Development Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our personal development market report covers the following areas:
Personal Development Market 2021-2025: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Dale Carnegie Training, Esalen Institute, Franklin Covey Co., Hay House Publishing, Landmark Worldwide Enterprises, Inc., Nutrisystem Inc., Omega Institute, SkillPath, Success Resources Australia Pty Ltd, and Toastmasters International are some of the major market participants.
Personal Development Market 2021-2025: Drivers & Challenges
The growing popularity of technology-driven platforms for self-growth will offer immense growth opportunities. However, the increasing adoption of open source solutions will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Personal Development Market 2021-2025: Segmentation
Personal Development Market 2021-2025:Key Regions & Revenue Generating Segment
39% of the market's growth will originate from North America. The US is the key market for personal development in the region. The reduced infrastructural and additional cost through online mode will facilitate the personal development market growth in North America over the forecast period.
The personal development market share growth by the online segment has been significant for revenue-generating. Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the personal development market size.
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Personal Development Market 2021-2025: Key Highlights
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Personal Development Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.75% |
Market growth 2021-2025 |
USD 557.89 million |
Market structure |
Fragmented |
YoY growth (%) |
6.79 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 39% |
Key consumer countries |
US, China, Germany, UK, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Dale Carnegie Training, Esalen Institute, Franklin Covey Co., Hay House Publishing, Landmark Worldwide Enterprises, Inc., Nutrisystem Inc., Omega Institute, SkillPath, Success Resources Australia Pty Ltd, and Toastmasters International |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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