Global Personal Development Market 2023-2027: Rise in Cost … – businesswire.com

DUBLIN–(BUSINESS WIRE)–The “Global Personal Development Market 2023-2027” report has been added to ResearchAndMarkets.com’s offering.

The personal development market is poised to grow by $755.16 mn during 2023-2027, accelerating at a CAGR of 8.31% during the forecast period. The report on the personal development market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in cost-effective content development, increased focus on fitness initiatives by governments and companies, and the growing popularity of educational apps and online platforms for self-growth.

The personal development market is segmented as below:

By Distribution Channel

By Type

Self-awareness and skillset enhancement
Mental health
Physical health

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the increase in the adoption of microlearning as one of the prime reasons driving the personal development market growth during the next few years. Also, the rising adoption of cloud computing for the academic sector and the growing focus on flexible learning platforms will lead to sizable demand in the market.

The report on the personal development market covers the following areas: