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Digital Badges Market in the Education Sector by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR70792
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The digital badges market in the education sector has the potential to grow by USD 199.44 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 17.63%.

This digital badges market in the education sector analysis report entails exhaustive statistical qualitative and quantitative data on application (higher education and K-12) and geography (North America, Europe, APAC, MEA, and South America) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Digital Badges Market Size in the Education Sector be in 2021?

Digital Badges Market in the Education Sector Size

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Digital Badges Market in the Education Sector: Key Drivers and Trends

Key drivers such as the increasing collaborations between colleges and digital badge vendors are notably supporting the digital badges market growth in the education sector. On the other hand, factors such as the inclusion of digital badges in support systems have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic digital badges market in the education sector report has assessed the shift in consumer behavior and identified trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the digital badges market in the education sector trends is essential for building new business opportunities across segmentations and geographies.

Who are the Major Digital Badges Market Vendors in the Education Sector?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Accredible
  • Accreditrust Technologies LLC
  • Badgecraft UAB
  • Basno Inc.
  • Credly Inc.
  • Discendum Oy
  • Forall Systems Inc.
  • Instructure Inc.
  • Open Badge Factory Ltd. 
  • Pearson Plc

 

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The digital badges market in the education sector analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post-pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

Download a free sample of the digital badges market in the education sector forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Digital Badges Market in the Education Sector?

Digital Badges Market in the Education Sector Share by Geography

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The US and Canada are the key markets for digital badges market in the education sector in North America. Learn about the key, emerging, and untapped markets from our digital badges market in the education sector size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 51% of the market’s growth will originate from North America during the forecast period.

North America has been recording a significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is increased emphasis on gamification. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Application Segments in the Digital Badges Market in the Education Sector?

Digital Badges Market in the Education Sector Share by Application

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The digital badges market in the education sector share growth by the higher education segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the digital badges market size in the education sector. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Digital Badges Market in the Education Sector Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive digital badges market growth in the education sector during the next five years
  • Precise estimation of the digital badges market size in the education sector and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the digital badges market in the education sector across North America, Europe, APAC, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of digital badges market vendors in the education sector 

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Digital Badges Market In The Education Sector Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 17.63%

Market growth 2021-2025

$ 199.44 million

Market structure

Fragmented

YoY growth (%)

16.81

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 51%

Key consumer countries

US, Canada, UK, Germany, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accredible, Accreditrust Technologies LLC, Badgecraft UAB, Basno Inc., Credly Inc., Discendum Oy, Forall Systems Inc., Instructure Inc., Open Badge Factory Ltd. , and Pearson Plc

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Higher education - Market size and forecast 2020-2025
    • K-12 - Market size and forecast 2020-2025
    • Market opportunity by Application

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Accredible
    • Accreditrust Technologies LLC
    • Badgecraft UAB
    • Basno Inc.
    • Credly Inc.
    • Discendum Oy
    • Forall Systems Inc.
    • Instructure Inc.
    • Open Badge Factory Ltd. 
    • Pearson Plc

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The digital badges market in the education sector market growth will increase by $199.44 million during 2020-2025.
    The digital badges market in the education sector market is expected to grow at a CAGR of 17.63% during 2020-2025.
    Technavio has segmented the digital badges market in the education sector market by application (Higher education and K-12) and geographic (North America, Europe, APAC, MEA, and South America).
    Accredible, Accreditrust Technologies LLC, Badgecraft UAB, Basno Inc., Credly Inc., Discendum Oy, Forall Systems Inc., Instructure Inc., Open Badge Factory Ltd. , Pearson Plc are a few of the key vendors in the digital badges market in the education sector market.
    North America will register the highest growth rate of 51.13% among the other regions. Therefore, the digital badges market in the education sector market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the digital badges market in the education sector market growth are:
    • Increasing collaborations between colleges and digital badges vendors
    The digital badges market in the education sector market vendors should focus on grabbing business opportunities from the higher education segment as it accounted for the largest market share in the base year.
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