Forecast Period 
Market Size (Base Year) 
Market Size (Forecast Year)
CAGRGlobal Personal Development Market By Instrument (Books, e- Platforms, Personal Coaching/ Training, Workshops and Seminars and Others) and Focus Area (Mental Health, Motivation and Inspiration, Physical Health, Self- awareness and Skillset Enhancement and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Personal Development Market
Surge in the focus of the individuals towards emotional and physical fitness, growing consciousness about self-recognition and the pursuit of happiness and rise in the need among the employees to meet company’s expectations are the major factors attributable to the growth of the personal development market. Data Bridge Market Research analyses that the personal development market will exhibit a CAGR of 5.10% for the forecast period of 2021-2028. This means that the personal development market, which was USD 38298.2 million in 2020, would stand tall at a market value of USD 57016.43 million by 2028.
Personal development refers to a set of activities that help to develop talents and potential, build human capital and facilitate enjoying ability, improve awareness and identity and improve the standard of living or the quality of life. Personal development helps an individual in leading a quality life within the customs and regulations of their society. Personal development further helps to improve the social, mental, physical, emotional and spiritual health of an individual. Personal development, through the development of life skills, enables an individual to pay attention to those areas that need a significant improvement.
Increased demand for technology- driven platforms for self-growth amongst millennial will emerge as the major personal development market growth driving factor. Growing adoption of advanced technologies such as deep learning, Augmented Reality (AR) and artificial intelligence will further aggravate the growth of the personal development market. Growing digitization of economies especially the emerging ones, surge in the awareness about state of the art digital technology, growing focus on the critical areas of self-awareness and growing importance of soft skills are some other factors bolstering the growth of personal development market.
However, lack of time and cognizance amongst individuals will act as a growth restraint for the personal development market. Owing to this fast pacing world, individual don’t have much time to self-analyse or self-introspect their strengths and weaknesses and this will yet again hamper the personal development market growth rate. Also, lack of awareness in the underdeveloped regions will pose challenge to the growth of the personal development market.
This personal development market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on personal development market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Personal Development Market Scope and Market Size
The personal development market is segmented on the basis of instrument and focus area. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of instrument, the personal development market is segmented into books, e- platforms, personal coaching/ training, workshops and seminars and others.
- On the basis of focus area, the personal development market is segmented into mental health, motivation and inspiration, physical health, self- awareness and skillset enhancement and others.
Personal Development Market Country Level Analysis
The personal development market is analysed and market size, volume information is provided by country, instrument and focus area as referenced above.
The countries covered in the personal development market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the personal development market and will continue to flourish its trend of dominance during the forecast period owing to the earliest adoption of adoption of audiobooks, e-books, and others, growing awareness about stress and weight management and presence of major soft skill industry players in the region. Asia-Pacific will however, register the highest CAGR for this period. This is because of the rising proliferation of internet, growing awareness about enhancing professional skills and surging investments on the digitization of emerging economies.
The country section of the personal development market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Personal Development Market Share Analysis
The personal development market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to personal development market.
The major players covered in the personal development market report are Dale Carnegie & Associates, Inc.,, Toastmasters International., Franklin Covey Co., WW International, Inc., SkillPath, Landmark Worldwide., Success Resources Australia Pty Ltd, Nutrisystem, Inc., Omega Institute among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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