Report from Business Research Insights (2024)

Insights

There is a market of 600 billion USD by 2032 in the field of career development, training and transitions with a stable growth rate of 5.5% from 2024-2032. 

Career Transition, Reskilling and Upskilling Market

   According to the World Economic Forum (2025) , 39% of working people will have to upgrade or reskill by 2030 as AI and shifts in economic needs have changed. The demographic shift of baby boomers exponentially getting older will require more people in the health and human resource profession and knowledged based professions such as software engineers and data analysts will need to shift into specialized AI support roles or working with autonomous machines going forward.

  As well, 7 out of 10 companies surveyed will require an increase in leadership roles which mean a need for soft skills such as leadership, delegation and communication as companies rally to work around the AI boom in the market.  As shown above, there is a 600 billion dollar market for career transition, reskilling and upskilling within the decade. 

  Pathmapper shows a need to capture these people that are going to need a place to re-introduce themselves back to being in a learner mode. With our application, people can take that education from their phones or laptop.