The digital badges market was valued at USD 78.6 million in 2017 and is expected to reach USD 213.8 million by the end of the forecast period with a CAGR of 18.34%. Digital badges are a depiction of an award or achievement for the skills an individual has gained over a period. These badges can be seen on websites to certify their authenticity and provide authority for business processes. Digital badges can track the accomplishment of any skill attained by an individual. The individual receives these badges from a certified badge issuer. The individual can then produce these badges to any educational institute or enterprise for the acknowledgment of skills and experience attained thereof.
Advance Market Analytics published a new research publication on "Digital Badges Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in a presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Digital Badges Market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
Credly (United States), Accredible (United States), Accreditrust (United States), Badgecraft (Lithuania), Badgelist (United States), Basno (United States), Be Badges (Belgium), Bestr (Italy), Concentric Sky (United States), Discendum (Finland), EbizON (India), Forall Systems (United States), LearningTimes(United States)
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Scope of the Report of Digital Badges:
A digital badge is a validated indicator of accomplishment, skill, quality, or interest that can be earned in several learning environments. The technology is being widely used in academic institutions and corporates for the continuous assessment of the personnel skills and knowledge. The technology is displayed as the badge in the image file allowing users to monitor their achievements. The integration of blockchain technology into digital badges is also estimated to propel the Global digital badge market growth. However, Increasing online certification is encouraging of adoption of digital badges and has also helped older employees cope with the advancement of technology by using game theory.
The titled segments and sub-section of the market are illuminated below:
by Type (Platform, Services), Application (Military, Entertainment Game, Education, Other), End users (Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises)), Type of Badges (Participation Badges, Recognition Badges, Achievement Badges, Contribution Badges, Certification Badges)
The Advent of Professional Development Programs by ERP Providers
Growing Trends towards Gamification
Rising Demand for Social Learning and Digital Learning through Online Mode
Increasing Penetration of Social Media platforms
Increasing Focus of Professionals towards Upgrading their Skills
Lack of Universal Acceptability across Institutions & Countries
Budget Constraints for most of the Educational Institutions
Growing Emphasis on Life Long Earning by Professionals
Introduction of Gamification in Education Industry
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia, and New Zealand, etc.
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Strategic Points Covered in Table of Content of Global Digital Badges Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Digital Badges market
Chapter 2: Exclusive Summary – the basic information of the Digital Badges Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends, and Challenges of the Digital Badges
Chapter 4: Presenting the Digital Badges Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End-User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Digital Badges market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries, and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology, and Data Source
Finally, the Digital Badges Market is a valuable source of guidance for individuals and companies in the decision framework.
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