Since many organizations have constricted learning budgets, they choose technology-enabled learning methods, which are cost-effective to convey training and provide resources to their students. Many learning solution providers are expanding their footprints and exploring prospects by delivering personalized learning environments as well as catering to the shifting demands of the industry. These vendors are allowing the incorporation of digital badges within their solutions for social learning, adaptive learning, and mobile learning, to offer an uninterrupted learning environment.
Adroit Market Research study on the global market for digital badges offers a holistic view of the industry from 2020 to 2028 as a forecast period, including factors such as market drivers, limitations, opportunities, threats, and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives, and overall sales. Prominent players in the global composite resin market have been analyzed in depth.
The academic segment is likely to possess a prominent market share in 2019. This sector comprises schools, universities, colleges, and private tutorials that have started endorsing credentials as a way for educators and others to achieve professional education in discrete subjects and practices. Many organizations are using digital badges to offer the finest learning experience to their learners. Educational institutions and universities are leveraging pioneering improvements in education technology to engage students, expand their presence worldwide, and avoid campus congestion.
Companies are capitalizing a substantial amount on the professional advancement of their employees. Many key companies, such as SAP, IBM, SAS, and Oracle, have introduced professional development programs to strengthen the culture of continuous development and learning. The digital badge system enables endorsing professional development and identifying employee talent in a transparent way. It is intended to encourage employees to partake in the professional development program as well as acknowledge their accomplishment of learning programs.
The key players of the global digital badges market report include- Accredible, Credly, Accreditrust, Badgecraft, Basno, Be Badges, Badgelist, Bestr, Concentric Sky, EbizON, Forall Systems, Discendum, LearningTimes
Key Segments of the Global Digital Badges Market
Offering Overview, 2018-2028 (USD Million)
End-User Overview, 2018-2028 (USD Million)
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America