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Alternative Credentials Market Size to Grow at 16.94% CAGR During the Forecast Period of 2022-2027 | Strategic Education, 2U , Credly

10-28-2022 02:14 PM CET | IT, New Media & Software

Press release from: 360 Market updates

Alternative Credentials Market

Alternative Credentials Market

The Global Alternative Credentials market size is expected to expand at a CAGR of 16.94% during the forecast period, reaching USD 5780 million by 2027 was valued at USD 2260 million in 2021.

Alternative Credentials Market explore investment in Market. It classify how companies deploying these technologies across various industry verticals aim to explore its future to become a major business disrupter. The Alternative Credentials study eludes very useful reviews & strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth, along with major players profile and strategies. The study includes market share analysis and profiles of players such as Pearson Plc, Cengage Learning Holdings II Inc., Strategic Education Inc., 2U Inc., Credly Inc., Udacity Inc., Udemy Inc., Simplilearn Solutions Pvt. Ltd., University of Michigan, Coursera Inc.

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Alternative Credentials Market Overviwe:

The global Alternative Credentials market size was valued at USD 2260.0 million in 2021 and is expected to expand at a CAGR of 16.94% during the forecast period, reaching USD 5780.0 million by 2027.

The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Alternative Credentials market covering all its essential aspects.

For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.

In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.

Market split by Type, can be divided into: -

Non-credit training courses
Non-credit certificate programs
Digital badges
Competency-based Education
Bootcamps

Market split by Application, can be divided into: -

Female
Male

Major Key Players of the Market:

Pearson Plc
Cengage Learning Holdings II Inc.
Strategic Education Inc.
2U Inc.
Credly Inc.
Udacity Inc.
Udemy Inc.
Simplilearn Solutions Pvt. Ltd.
University of Michigan
Coursera Inc.

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Market segment by Region/Country including: -

-North America (United States, Canada and Mexico)
-Europe (Germany, UK, France, Italy, Russia and Spain etc.)
-Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
-South America (Brazil, Argentina and Colombia etc.)
-Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

FIVE FORCES & PESTLE ANALYSIS:

In order to better understand Market condition five forces analysis is conducted that includes Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry.

Political (Political policy and stability as well as trade, fiscal and taxation policies)
Economical (Interest rates, employment or unemployment rates, raw material costs and foreign exchange rates)
Social (Changing family demographics, education levels, cultural trends, attitude changes and changes in lifestyles)
Technological (Changes in digital or mobile technology, automation, research and development)
Legal (Employment legislation, consumer law, health and safety, international as well as trade regulation and restrictions)
Environmental (Climate, recycling procedures, carbon footprint, waste disposal and sustainability)

Key takeaways from the Alternative Credentials market report:

1. Detailed considerate of Alternative Credentials market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
2. Comprehensive valuation of all prospects and threat in the - In depth study of industry strategies for growth of the Alternative Credentials market-leading players.
3. Alternative Credentials market latest innovations and major procedures.
4. Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
5. Conclusive study about the growth conspiracy of Alternative Credentials market for forthcoming years.

To Know How Covid-19 Pandemic Will Impact This Market

Table of Contents:

1 Alternative Credentials Market Overview
1.1 Product Overview and Scope of Alternative Credentials Market
1.2 Alternative Credentials Market Segment by Type
1.2.1 Global Alternative Credentials Market Sales Volume and CAGR (%) Comparison by Type (2017-2027)
1.3 Global Alternative Credentials Market Segment by Application
1.3.1 Alternative Credentials Market Consumption (Sales Volume) Comparison by Application (2017-2027)
1.4 Global Alternative Credentials Market, Region Wise (2017-2027)
1.4.1 Global Alternative Credentials Market Size (Revenue) and CAGR (%) Comparison by Region (2017-2027)
1.4.2 United States Alternative Credentials Market Status and Prospect (2017-2027)
1.4.3 Europe Alternative Credentials Market Status and Prospect (2017-2027)
1.4.4 China Alternative Credentials Market Status and Prospect (2017-2027)
1.4.5 Japan Alternative Credentials Market Status and Prospect (2017-2027)
1.4.6 India Alternative Credentials Market Status and Prospect (2017-2027)
1.4.7 Southeast Asia Alternative Credentials Market Status and Prospect (2017-2027)
1.4.8 Latin America Alternative Credentials Market Status and Prospect (2017-2027)
1.4.9 Middle East and Africa Alternative Credentials Market Status and Prospect (2017-2027)
1.5 Global Market Size of Alternative Credentials (2017-2027)
1.5.1 Global Alternative Credentials Market Revenue Status and Outlook (2017-2027)
1.5.2 Global Alternative Credentials Market Sales Volume Status and Outlook (2017-2027)
1.6 Global Macroeconomic Analysis
1.7 The impact of the Russia-Ukraine war on the Alternative Credentials Market

2 Industry Outlook
2.1 Alternative Credentials Industry Technology Status and Trends
2.2 Industry Entry Barriers
2.2.1 Analysis of Financial Barriers
2.2.2 Analysis of Technical Barriers
2.2.3 Analysis of Talent Barriers
2.2.4 Analysis of Brand Barrier
2.3 Alternative Credentials Market Drivers Analysis
2.4 Alternative Credentials Market Challenges Analysis
2.5 Emerging Market Trends
2.6 Consumer Preference Analysis
2.7 Alternative Credentials Industry Development Trends under COVID-19 Outbreak
2.7.1 Global COVID-19 Status Overview
2.7.2 Influence of COVID-19 Outbreak on Alternative Credentials Industry Development

3 Global Alternative Credentials Market Landscape by Player
3.1 Global Alternative Credentials Sales Volume and Share by Player (2017-2022)
3.2 Global Alternative Credentials Revenue and Market Share by Player (2017-2022)
3.3 Global Alternative Credentials Average Price by Player (2017-2022)
3.4 Global Alternative Credentials Gross Margin by Player (2017-2022)
3.5 Alternative Credentials Market Competitive Situation and Trends
3.5.1 Alternative Credentials Market Concentration Rate
3.5.2 Alternative Credentials Market Share of Top 3 and Top 6 Players
3.5.3 Mergers & Acquisitions, Expansion

4 Global Alternative Credentials Sales Volume and Revenue Region Wise (2017-2022)
4.1 Global Alternative Credentials Sales Volume and Market Share, Region Wise (2017-2022)
4.2 Global Alternative Credentials Revenue and Market Share, Region Wise (2017-2022)
4.3 Global Alternative Credentials Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4 United States Alternative Credentials Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4.1 United States Alternative Credentials Market Under COVID-19
4.5 Europe Alternative Credentials Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.5.1 Europe Alternative Credentials Market Under COVID-19
4.6 China Alternative Credentials Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.6.1 China Alternative Credentials Market Under COVID-19
4.7 Japan Alternative Credentials Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.7.1 Japan Alternative Credentials Market Under COVID-19
4.8 India Alternative Credentials Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.8.1 India Alternative Credentials Market Under COVID-19
4.9 Southeast Asia Alternative Credentials Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.9.1 Southeast Asia Alternative Credentials Market Under COVID-19
4.10 Latin America Alternative Credentials Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.10.1 Latin America Alternative Credentials Market Under COVID-19
4.11 Middle East and Africa Alternative Credentials Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.11.1 Middle East and Africa Alternative Credentials Market Under COVID-19

5 Global Alternative Credentials Sales Volume, Revenue, Price Trend by Type
5.1 Global Alternative Credentials Sales Volume and Market Share by Type (2017-2022)
5.2 Global Alternative Credentials Revenue and Market Share by Type (2017-2022)
5.3 Global Alternative Credentials Price by Type (2017-2022)
5.4 Global Alternative Credentials Sales Volume, Revenue and Growth Rate by Type (2017-2022)
5.4.1 Global Alternative Credentials Sales Volume, Revenue and Growth Rate of Non-credit training courses (2017-2022)
5.4.2 Global Alternative Credentials Sales Volume, Revenue and Growth Rate of Non-credit certificate programs (2017-2022)
5.4.3 Global Alternative Credentials Sales Volume, Revenue and Growth Rate of Digital badges (2017-2022)
5.4.4 Global Alternative Credentials Sales Volume, Revenue and Growth Rate of Competency-based Education (2017-2022)
5.4.5 Global Alternative Credentials Sales Volume, Revenue and Growth Rate of Bootcamps (2017-2022)

6 Global Alternative Credentials Market Analysis by Application
6.1 Global Alternative Credentials Consumption and Market Share by Application (2017-2022)
6.2 Global Alternative Credentials Consumption Revenue and Market Share by Application (2017-2022)
6.3 Global Alternative Credentials Consumption and Growth Rate by Application (2017-2022)
6.3.1 Global Alternative Credentials Consumption and Growth Rate of Female (2017-2022)
6.3.2 Global Alternative Credentials Consumption and Growth Rate of Male (2017-2022)

7 Global Alternative Credentials Market Forecast (2022-2027)
7.1 Global Alternative Credentials Sales Volume, Revenue Forecast (2022-2027)
7.1.1 Global Alternative Credentials Sales Volume and Growth Rate Forecast (2022-2027)
7.1.2 Global Alternative Credentials Revenue and Growth Rate Forecast (2022-2027)
7.1.3 Global Alternative Credentials Price and Trend Forecast (2022-2027)
7.2 Global Alternative Credentials Sales Volume and Revenue Forecast, Region Wise (2022-2027)
7.2.1 United States Alternative Credentials Sales Volume and Revenue Forecast (2022-2027)
7.2.2 Europe Alternative Credentials Sales Volume and Revenue Forecast (2022-2027)
7.2.3 China Alternative Credentials Sales Volume and Revenue Forecast (2022-2027)
7.2.4 Japan Alternative Credentials Sales Volume and Revenue Forecast (2022-2027)
7.2.5 India Alternative Credentials Sales Volume and Revenue Forecast (2022-2027)
7.2.6 Southeast Asia Alternative Credentials Sales Volume and Revenue Forecast (2022-2027)
7.2.7 Latin America Alternative Credentials Sales Volume and Revenue Forecast (2022-2027)
7.2.8 Middle East and Africa Alternative Credentials Sales Volume and Revenue Forecast (2022-2027)
7.3 Global Alternative Credentials Sales Volume, Revenue and Price Forecast by Type (2022-2027)
7.3.1 Global Alternative Credentials Revenue and Growth Rate of Non-credit training courses (2022-2027)
7.3.2 Global Alternative Credentials Revenue and Growth Rate of Non-credit certificate programs (2022-2027)
7.3.3 Global Alternative Credentials Revenue and Growth Rate of Digital badges (2022-2027)
7.3.4 Global Alternative Credentials Revenue and Growth Rate of Competency-based Education (2022-2027)
7.3.5 Global Alternative Credentials Revenue and Growth Rate of Bootcamps (2022-2027)
7.4 Global Alternative Credentials Consumption Forecast by Application (2022-2027)
7.4.1 Global Alternative Credentials Consumption Value and Growth Rate of Female(2022-2027)
7.4.2 Global Alternative Credentials Consumption Value and Growth Rate of Male(2022-2027)
7.5 Alternative Credentials Market Forecast Under COVID-19

8 Alternative Credentials Market Upstream and Downstream Analysis
8.1 Alternative Credentials Industrial Chain Analysis
8.2 Key Raw Materials Suppliers and Price Analysis
8.3 Manufacturing Cost Structure Analysis
8.3.1 Labor Cost Analysis
8.3.2 Energy Costs Analysis
8.3.3 R&D Costs Analysis
8.4 Alternative Product Analysis
8.5 Major Distributors of Alternative Credentials Analysis
8.6 Major Downstream Buyers of Alternative Credentials Analysis
8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Alternative Credentials Industry

9 Players Profiles
9.1 Pearson Plc
9.1.1 Pearson Plc Basic Information, Manufacturing Base, Sales Region and Competitors
9.1.2 Alternative Credentials Product Profiles, Application and Specification
9.1.3 Pearson Plc Market Performance (2017-2022)
9.1.4 Recent Development
9.1.5 SWOT Analysis
9.2 Cengage Learning Holdings II Inc.
9.2.1 Cengage Learning Holdings II Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.2.2 Alternative Credentials Product Profiles, Application and Specification
9.2.3 Cengage Learning Holdings II Inc. Market Performance (2017-2022)
9.2.4 Recent Development
9.2.5 SWOT Analysis
9.3 Strategic Education Inc.
9.3.1 Strategic Education Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.3.2 Alternative Credentials Product Profiles, Application and Specification
9.3.3 Strategic Education Inc. Market Performance (2017-2022)
9.3.4 Recent Development
9.3.5 SWOT Analysis
9.4 2U Inc.
9.4.1 2U Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.4.2 Alternative Credentials Product Profiles, Application and Specification
9.4.3 2U Inc. Market Performance (2017-2022)
9.4.4 Recent Development
9.4.5 SWOT Analysis
9.5 Credly Inc.
9.5.1 Credly Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.5.2 Alternative Credentials Product Profiles, Application and Specification
9.5.3 Credly Inc. Market Performance (2017-2022)
9.5.4 Recent Development
9.5.5 SWOT Analysis
9.6 Udacity Inc.
9.6.1 Udacity Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.6.2 Alternative Credentials Product Profiles, Application and Specification
9.6.3 Udacity Inc. Market Performance (2017-2022)
9.6.4 Recent Development
9.6.5 SWOT Analysis
9.7 Udemy Inc.
9.7.1 Udemy Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.7.2 Alternative Credentials Product Profiles, Application and Specification
9.7.3 Udemy Inc. Market Performance (2017-2022)
9.7.4 Recent Development
9.7.5 SWOT Analysis
9.8 Simplilearn Solutions Pvt. Ltd.
9.8.1 Simplilearn Solutions Pvt. Ltd. Basic Information, Manufacturing Base, Sales Region and Competitors
9.8.2 Alternative Credentials Product Profiles, Application and Specification
9.8.3 Simplilearn Solutions Pvt. Ltd. Market Performance (2017-2022)
9.8.4 Recent Development
9.8.5 SWOT Analysis
9.9 University of Michigan
9.9.1 University of Michigan Basic Information, Manufacturing Base, Sales Region and Competitors
9.9.2 Alternative Credentials Product Profiles, Application and Specification
9.9.3 University of Michigan Market Performance (2017-2022)
9.9.4 Recent Development
9.9.5 SWOT Analysis
9.10 Coursera Inc.
9.10.1 Coursera Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.10.2 Alternative Credentials Product Profiles, Application and Specification
9.10.3 Coursera Inc. Market Performance (2017-2022)
9.10.4 Recent Development
9.10.5 SWOT Analysis

10 Research Findings and Conclusion

11 Appendix
11.1 Methodology
11.2 Research Data Source

Reasons to buy this report:

1. Identify the latest developments, market shares and strategies employed by the major market players.
2. Analysing various perspectives of the market with the help of Porter's five forces analysis
3. Study on the product type and application expected to dominate the market.
4. Study on the country expected to witness fastest growth during the forecast period.
5. Forecasts the market value by assessing the impact of the market drivers and constraints.

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This data has been validated by the business investigators, giving huge bits of knowledge to the scientists, data analysts, directors, and other industry experts. The study deeply helps in understanding the market patterns, applications, determinations and industry obstacles.

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