Digital Badges Market Analysis by Recent Developments and Overview Outlook - 2025 | Accredible, Credly Inc., Concentric Sky Inc., Skillsoft Corporation

Digital Badges Market - Growth, Trends, and Forecasts (2020 - 2025)

The Digital Badges Market research report 2020 provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The Digital Badges market report provides information regarding market size, share, trends, growth, cost structure, Digital Badges market competition landscape, market drivers, challenges and opportunity, capacity, revenue, and forecast 2025.

The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, current trends of the past and present times, supervisory scenario & technological growth. This report also includes the overall and comprehensive study of the Digital Badges market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Digital Badges industry and provides data for making strategies to increase market growth and effectiveness.

Scope of the report:

The report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on the latest industry news, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.

The digital badges market is expected to register a CAGR of 22.5% during the forecast period 2020 - 2025.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Digital Badges Market: Accredible, Credly Inc., Concentric Sky Inc., International Institute of Business Analysis, Skillsoft Corporation, AXELOS, Forall Systems Inc., ARMA International, ProExam, Portfolium Inc., Badgecraft, and others.

Key Market Trends

Academic Segment to Occupy a Significant Market Share

- The introduction of digital badges in education has opened up a new and effective way to assess students based on specific learning styles. With badges, students can be rewarded based on overall performance and not just a single test to promote learning.

- Digital badges allows educators to appreciate students for their achievements. These achievements could be related to learning, positive behavior, efforts, skills etc. It can also be awarded to students who are struggling to excel, in ordee to motivate them and encourage learning.

- Digital badges can be incorporated at all levels and areas of learning including goals and objectives. A group of researchers conducted a study in 2018 to determine the effect of digital badges on setting learning goals and motivating students to achieve them. The result was positive

- Research is exploring whether or not digital badges are effective pedagogical tools as well as how they may be best utilized in higher education settings. Other uses for badges in higher education include virtual credentialing systems that would allow students the ability to showcase newly acquired skills and mastery of new content.

Asia-Pacific to be the Fastest Growing

- The region is witnessing significant growth due to rapid adoption of online learning in India, China and South Korea.

- Owing to large country China with urban-rural gaps used digital learning technology to enhance education equity, quality, and efficiency. According to the Ministry of Education of China, there are more than 10 Massive Open Online Course (MOOC) platforms in China, and over 460 universities and colleges have introduced more than 3,200 online courses through those platforms, with more than 55 million viewers. In addition, over 200 Chinese online courses have joined international MOOC platforms.

- In India, most people residing in remote areas do not have adequate access to skill enhancement and quality learning, Digital badges can play a pivotal role. It can be beneficial for those who are bound by financial instability, physical limitations or commuting issues.

- Owing to the volatile job market in India, MOOC is a cost-efficient way to reskill and upskill. In addition, cheaper and better bandwidth is enabling learners to do online courses more easily and earn digital badges.

- According to mezzomedia, in 2019, 44% used Social media (blog, cafe by Naver, Daum) and 43.6 % used portal for online learning education in South Korea. 69.7 % people used language and 31.7 % used certification as their types of courses for online learning in South Korea in 2019.

- This show that owing to more usage of Korean language in all level , people are interested in learning different languages through online platform which makes them earn digital badges.

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Influence of the Digital Badges market report

- Comprehensive assessment of all opportunities and risks in the Digital Badges market.

- Digital Badges market recent innovations and major events.

- A Detailed study of business strategies for the growth of the Digital Badges market-leading players.

- Conclusive study about the growth plot of the Digital Badges market for forthcoming years.

- In-depth understanding of Digital Badges market-particular drivers, constraints, and major micro markets.

- Favorable impression inside vital technological and market latest trends striking the market report.

What are the market factors that are explained in the report?

- Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

- Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

- Analytical Tools: The Digital Badges Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Find out:

Digital Badges Market: Where are the opportunities? What does the future look like for the Digital Badges Market? What will be the market size in the next 5 years?
Market trends: What is driving the market? Where are the key players? What are their strategies? What is holding the market behind? Where is the industry heading for in the short and long-term? How are new developments expected to change the market?
Technology: How are RO and new brine concentration technologies shaping the market? What are the new revenue channels which companies can explore for growth?

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Note - All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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