DUBLIN, March 1, 2024 /PRNewswire/ — The “Digital Badges – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Digital Badges Market to Reach $446.9 Million by 2030
The global market for Digital Badges estimated at US$111.9 Million in the year 2022, is projected to reach a revised size of US$446.9 Million by 2030, growing at a CAGR of 18.9% over the analysis period 2022-2030.
Platform, one of the segments analyzed in the report, is projected to record 19.4% CAGR and reach US$334.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 17.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $32.7 Million, While China is Forecast to Grow at 17.7% CAGR
The Digital Badges market in the U.S. is estimated at US$32.7 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$74.2 Million by the year 2030 trailing a CAGR of 17.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.2% and 16.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.6% CAGR.
MARKET OVERVIEW
- Influencer Market Insights
- Digital Badges to Witness Significant Growth
- Academic End-Use Segment to Register Higher Growth
- Digital Badges – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
MARKET TRENDS & DRIVERS
- With Increased Need to Bridge the Skill Gap, the Market for Digital Branding is set to Grow
- Increasing Collaborations between Digital Badges Vendors and Corporates/Institutions to Bolster Market Growth
- Increasing Emphasis on Gamification to Drive Market Growth
- Increase in Student Enrolments for Online Learning to Support Market Demand
- Market Size of Global Online Education Market (in Billion USD): 2016-2023
- Opportunities for Workforce Development
- Introduction of Blockchain Based Digital Badges, Spur Market Demand
- New product Launches Drive Demand for Digital Badges
- Growing Significance of Life-long Learning to Spur Demand
FOCUS ON SELECT PLAYERS (Total 42 Featured)
- An Introduction to the Leading Market Player
- Percentage Breakdown of Market Share of Digital Badges Market by Leading Players
- M&A and Partnerships to Spur Demand for Digital Badges Market
- Accredible
- Accreditrust Technologies LLC (TrueCred)
- Badge List
- Badgecraft UAB
- Basno, Inc.
- Be Badges
- Bestr
- Concentric Sky, Inc.
- Credly, Inc.
- Discendum Oy
- Ebizon
- Forall Systems, Inc.
- LearningTimes, LLC.
- Nocti Business Solutions
- Portfolium, Inc.
- Professional Examination Service
- Youtopia, Inc
For more information about this report visit https://www.researchandmarkets.com/r/dle8aw
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets