Individualistic Needs to Achieve All-Round Success in Life Drives Opportunities for Life Coaching, According to a New Report from Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global outlook on the Life Coaching Industry. The growing need among people in the modern competitive world to achieve professional and personal empowerment is driving opportunities in the world life coaching also known as personal coaching industry.

Life Coaching: A Global Outlook

Follow us on LinkedIn – Life coaching, although not a well-known concept, is currently gaining acceptance with growing awareness, particularly among organizations. Life coaching services that generally find acceptance in the western countries are now being demanded in the developing countries, primarily by corporate clients. Life Coaching is a contemporary, rapidly developing concept, wherein a life coach helps people develop, improve, and attain personal success; learn new skills, achieve aims; and manage personal/professional challenges and life changes. The market for such services is still in its growth phase, where the rate of expansion of coaching as a profession and as a service, far exceeds the rate of growth of economies where it operates.

The industry witnessed strong growth over the last few years with incredible results achieved by individuals and organizations using life coaching services. As a proof of that, even during the period of recession, the industry remained resilient as demand for life coaches remained steady. Worldwide, there are almost 30,000 to 50,000 coaches, majority of who are women, practicing in about 75 countries. The style of coaching adopted by these coaches varies from country to country so as to be in accordance with the individualistic, cultural and societal make-up of a particular region. While coaching approach in the US is highly individualistic, in Asia it takes up a more collective attitude.

To meet demand of varied groups of customers who are becoming increasingly discriminating with regards to their selection of coaches, the Life Coaching industry, unlike in the past, is currently adopting a more professional approach. With rising expectations of coaches to have greater breadth of training and techniques, coaches are taking up various training programs to gain an understanding of a variety of methods and forms of coaching. Niche specialization, wherein a coach specializes in a single area such as relationship coaching or career coaching or weight loss coaching is also gaining momentum as some clients seek help only in specific areas of their lives. In the organizational setting, coaching under the name Executive Coaching is also becoming a popular phenomenon as coaches are being considered as someone with the capability to help corporate leaders achieve their goals in an ever challenging, unstable, dynamic, and competitive corporate environment. In this regard, the concept of in-house coaching is catching on as organizations rather than hiring external executive coaches are opting for developing coaching capabilities internally so as to gain savings in cost.

The research report titled “Life Coaching: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a rudimentary overview of the industry, highlights latest trends and demand drivers, in addition to providing statistical insights. Regional markets briefly abstracted and covered include US, Europe, Australia, New Zealand and Thailand. The report offers a compilation of recent product launches, mergers, acquisitions and strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

For more details about this comprehensive industry report, please visit –
http://www.strategyr.com/Life_Coaching_Industry_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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