Digital Badges Market is expected to grow at a considerable rate during the forecast period 2019-2025. Digital badges are referred to a validated indicator of accomplishment of some interest or quality, or skill that can be earned in various courses depending on the person’s interest. The introduction of the open digital badging platform has further attracted a large consumer base by providing an easy solution to earn, issue, or display digital badges across the web. The technology has been widely gaining traction across the corporate sector and academic institutions for the purpose of skill recognition and assessment of personal knowledge and skills.
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Some of the companies operating in the global digital badges market are Accredible, Accreditrust Technologies, LLC, Badgecraft UAB, Concentric Sky, Inc., Credly, Inc., Discendum Oy, and Nocti Business Solutions, among others. The companies are focused on developing advanced features in digital badges to stay competitive in the market. Geographical expansion, merger & acquisition, partnerships & collaborations, finding a new market or innovate in their core competency in order to expand individual market share are some of the key strategies adopted by major market players. For instance, in July 2018, Credly, Inc. announced the acquisition of Pearson Education’s digital badging business to cater to the rising demand for digital talent recognition and credentialing. Through the acquisition, the company has planned to offer a comprehensive solution suite to its clients consisting talent management system, credential verification, and skill recognition.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Digital Badges Market by Offering
- Platform
- Services
Global Digital Badges Market by End-User
- Academic
- Higher Education
- K-12
- Corporate
- Small and Medium Enterprises
- Large Enterprises
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Accredible
- Accreditrust Technologies, LLC
- Badgecraft UAB
- Basno, Inc.
- Canva, Pty Ltd
- Concentric Sky, Inc.
- Credly, Inc.
- Discendum Oy
- EbizON
- Forall Systems, Inc.
- Nocti Business Solutions
- Pearson Education, Inc.
- Portfolium, Inc.
- com
The Report Covers
- Comprehensive research methodology of the global digital badges market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global digital badges market.
- Insights about market determinants which are stimulating the global digital badges market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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