Research Nester released a report
titled “Digital
Badges Market: Global Demand Analysis & Opportunity Outlook 2027” which
delivers the detailed overview of the global digital badges market in terms of
market segmentation by type, by offerings, by end-user and by region.
Further, for the in-depth analysis,
the report encompasses the industry growth drivers, restraints, supply and
demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The global digital badges market is segmented by badges,
offerings, end-user and region. On the basis of offerings, it is sub-segmented into
platforms and services, out of which, the platform offering segment is
anticipated to grow with highest growth rate on the back of increasing
integration in the existing learning management systems. Shareability allows
the learners to share digital badges on different platforms including social
media, e-mails, blogs, LinkedIn, curriculum vitae and different other websites
and platforms. These are some of the credible characteristics that are
anticipated to drive people towards digital badges, further driving the growth
of the market. Additionally, growing technological innovations for educating
students is supporting the growth of market.
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Report: https://www.researchnester.com/sample-request-1618
The digital badges market is
anticipated to grow at a CAGR of 22.7% over the forecast period i.e. 2019-2027.
The growth of the market is driven on the back of rising need to constantly evaluate
the learners’ skills and knowledge in the academic and corporate sector. Global
acceptance of badges, rising government policies to adopt innovative and new
technologies in the education sector and growing adoption of e-learning and
micro-credential courses are some of the notable factors that are expected to
boost the growth of digital badges market over the forecast period.
By region, the global digital badges
market is segmented into five major regions including North America, Europe,
Asia Pacific, Latin America and Middle East & Africa region. Among these
regions, the North America market of digital badges is expected to lead the
global market on the back of rising competition among learners to gain more
skills and knowledge in different fields in order to grab the opportunities
available in the market. The market in Asia Pacific region is estimated to
witness fastest growth on the back of increasing focus of organizations to hone
the skills of their employees, honing their talent by providing appropriate
training.
Growing Trend of
e-Learning to Augment Market Growth
Growing adoption of e-learning in
education sector for enhancing the skills and knowledge of the learners to gain
competitive advantage globally is expected to boost the market growth of
digital badges. Additionally, the market is estimated to witness substantial
growth owing to global acceptance of digital badges on diverse range of media
platforms, driving more number of individuals to apply for eLearning courses.
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Report: https://www.researchnester.com/sample-request-1618
However, inadequate availability of software and
non-availability of physical devices, especially in developing economies is
estimated to hinder the growth of the market during the forecast period.
This report also provides the
existing competitive scenario of some of the key players of the global digital
badges market which includes company profiling of key companies such as LearningTimes,
Credly Inc., Accredible, Nocti Business Solutions, RedCritter Corp.,
Accreditrust Technologies LLC, Concentric Sky Inc., Forall Systems Inc.,
Blackboard Inc. and Badgecraft. The outlining enfolds key information of the companies which
encompasses business overview, products and services, key financials and recent
news and developments. On the whole, the report depicts detailed overview of
the global digital badges market that is
expected to help industry consultants, equipment manufacturers, existing
players searching for expansion opportunities, new players searching
possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future.
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Research
Nester is a leading service provider for strategic market research and
consulting. We aim to provide unbiased, unparalleled market insights and
industry analysis to help industries, conglomerates and executives to take wise
decisions for their future marketing strategy, expansion and investment etc. We
believe every business can expand to its new horizon, provided a right guidance
at a right time is available through strategic minds. Our out of box thinking
helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:
Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 591
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