Global Digital Badges Market End-user Analysis and Forecast (2018-2026)
Global Digital Badges Market was around US$ 65.7 Mn in 2017 and is expected to reach 270.7 Mn at a CAGR of around 17.04% in forecast period.Global Digital Badges Market
Digital badges market is segmented by offering, end-user, and region.
Based on an offering, Digital Badges Market is divided by platform and services both are a crucial part of the digital badges market. Services segment is expected to hold a larger market share with factors such as improved screening and assessment of liable candidate together with complete verification of their credentials forming some of the key factors to boost overall market growth of digital badges.
In terms of the end user, Digital Badges Market is classified into academic and corporate. Academic type within the end-user segment of the digital badges market is expected to hold a larger market share during the current forecast period. Use of digital badges has helped in promoting credentials of the candidates including both teachers and students. It has allowed teachers to gain professional learning as well in discrete topics and practices for promoting health education. Educational institutions and universities with help from the government are leveraging over the innovative developments in education technology to educate and involve more students.
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Digital badges are used for assessing credential mechanisms that are managed online. Badges are usually designed for making evident as well as validate learning across both formal and informal settings. It has formed a key changing mechanism within the education sector and has huge transformational capabilities as well.
Digital badges are used as an indication to assess a person and are based on the accreditation of a person’s expertise and knowledge that help in drawing certain specific qualifications. Digital badges help in reducing costs during any kind of interview processes by delivering an in-depth perspective that allows employers and colleges among others to choose the most competent candidates. Growing adoption of learning that is based online, rise in focus on professional development of employees, along with more number of people getting aware about the blockchain development and uses that is expected to have a positive impact on the growth of the digital badges market. However, it is the lack of good IT infrastructure especially in the developing regions that remains a key restraint for the growth of digital badges market.
In terms of region, Digital Badges Market is divided by North America, Europe, Asia-Pacific, Middle East & Africa and Latin. North America is estimated to hold the largest market size in the forecast period. Major growth factors driving the digital badges in North America include rising adoption of digital authenticity, increasing collaboration of the educational institutions with different programs, and rapid technological advancements in the region as well.
Key player’s studies, analyzed, profiled and benchmarked in digital badges market are Credly Inc. (U.S.), Discendum (Ireland), Accredible (U.S.)., Nocti Business Solutions (NBS), Forall Systems, LearningTimes, Youtopia, Discendum, Badge List, Badgecraft, Be Badges, Bestr, Portfolium, Accreditrust, Concentric Sky, and EbizOn.
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The Scope of Report, Global Digital Badges Market:
Global Digital Badges Market, by Offering:
• Platform
• Services
• Professional
• Managed
Global Digital Badges Market, by End-user:
• Academic
• Corporate
• Large Enterprises
• Small & Medium Enterprises
Global Digital Badges Market, by Geography:
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players Global Digital Badges Market:
• Credly
• Accredible
• Nocti Business Solutions (NBS)
• Forall Systems
• LearningTimes
• Youtopia
• Discendum
• Badge List
• Badgecraft
• Be Badges
• Bestr
• Portfolium
MAJOR TOC OF THE REPORT
Chapter One: Digital Badges Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Digital Badges Market Competition, by Players
Chapter Four: Global Digital Badges Market Size by Regions
Chapter Five: North America Digital Badges Revenue by Countries
Chapter Six: Europe Digital Badges Revenue by Countries
Chapter Seven: Asia-Pacific Digital Badges Revenue by Countries
Chapter Eight: South America Digital Badges Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Digital Badges by Countries
Chapter Ten: Global Digital Badges Market Segment by Type
Chapter Eleven: Global Digital Badges Market Segment by Application
Chapter Twelve: Global Digital Badges Market Size Forecast (2019-2026)
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