Competency-based Platforms Market for Higher Education in the US 2016-2020

  • ID: 3920627
  • Report
  • Region: United States
  • 55 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Articulate
  • BNED LoudCloud
  • Edmodo
  • Fidelis Education
  • Flat World Education
  • Knewton
  • MORE
About Competency-Based Education

Competency-based education is an educational model in which the emphasis is primarily on acquiring proficiency in skills that are measured through assessments along with credits given to skills learned through work experience or in earlier programs. It differs from traditional education models that rely on a credit hour-based system of credentialing. While traditional educational models are fixed-time models, in competency-based education programs, student competency and learning are the areas of focus with time being a variable, as in competency-based education, since the learning is self-paced, students can prioritize modules, and accordingly allot time for each module.

The analysts forecast the competency-based education market for higher education in the US to grow at a CAGR of 22.02% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the competency-based education market for higher education in the US for 2016-2020. To calculate the market size, the report considers the revenue generated by the sale of competency-based software technologies and competency-based platforms to higher education institutions in the US.

The market is divided into the following segments based on product:

- Competency-based technologies platforms
- Competency-based education technologies

The report, Competency-Based Education Market for Higher Education in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BNED LoudCloud
- D2L
- Ellucian
- Flat World Education

Other prominent vendors
- Articulate
- Blackboard
- Edmodo
- Fidelis Education
- Fishtree
- Itslearning
- Knewton
- Motivis Learning
- Saba
- Schoology

Market drivers
- Increased use of adaptive learning

Market challenges
- Threat from institutional platforms

Market trends
- Learning analytics in competency-based education

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Articulate
  • BNED LoudCloud
  • Edmodo
  • Fidelis Education
  • Flat World Education
  • Knewton
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Education market in the US
  • Competency-based education
  • Competency-based education market for higher education in the US
  • Five forces analysis
PART 06: Segmentation by product
  • Competency-based education market for higher education in the US by product
  • Competency-based technologies market for higher education in the US
  • Competency-based education platforms market for higher education in the US
PART 07: Market drivers
  • Growing focus to reduce skill gaps
  • Increased use of adaptive learning
  • Expensive traditional education programs
  • Ubiquity of online learning platforms
PART 08: Impact of drivers

PART 09: Market challenges
  • Lack of technological support
  • Threat from institutional platforms
  • High start-up costs
  • Challenges in designing course content
PART 10: Impact of drivers and challenges

PART 11: Market trends
  • Emergence of digital badges
  • Change in assessment methodologies
  • Learning analytics in competency-based education
  • Emergence of learning relationship management systems
PART 12: Vendor landscape
  • Competitive scenario
  • Competitive benchmarking
PART 13: Key vendor analysis
  • BNED LoudCloud
  • D2L
  • Ellucian
  • Flat World Education
PART 14: Other prominent vendors

PART 15: Appendix
  • List of abbreviation
PART 16: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Key segments in North America education market 2015
Exhibit 03: Difference between traditional and competency-based education
Exhibit 04: Features of competency-based education
Exhibit 05: Key benefits of competency-based education
Exhibit 06: Competency-based education market for higher education in the US 2015-2020 ($ billions)
Exhibit 07: Five forces analysis
Exhibit 08: Competency-based education market for higher education in the US by product 2015-2020 ($ billions)
Exhibit 09: Competency-based education market for higher education in the US by product 2015-2020
Exhibit 10: Distribution in the competency-based technologies market for higher education in the US 2015
Exhibit 11: Competency-based technologies market for higher education in the US 2015-2020 ($ billions)
Exhibit 12: Competency-based platforms market for higher education in the US 2015-2020 ($ billions)
Exhibit 13: Comparison of average annual fee for college education between public and private institutions in the US 2015
Exhibit 14: Impact of drivers
Exhibit 15: Technological requirements for competency-based education
Exhibit 16: Major areas of expenditure for higher education institutions adopting competency-based education
Exhibit 17: Impact of drivers and challenges
Exhibit 18: Use of digital badges
Exhibit 19: Vendor matrix
Exhibit 20: Key vendors: Strategic initiatives overview
Exhibit 21: BNED LoudCloud: Product offerings in competency-based education
Exhibit 22: Ellucian: Product offerings in competency-based education market for higher education
Exhibit 23: Flat World Education: Business offerings
Exhibit 24: Flat World Education: Competency-based education model features
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Articulate
  • BNED LoudCloud
  • Edmodo
  • Fidelis Education
  • Flat World Education
  • Knewton
  • MORE
New Report Released: - Competency-Based Education Market for Higher Education in the US 2016-2020

The author of the report recognizes the following companies as the key players in the competency-based education market for higher education in the US: BNED LoudCloud, D2L, Ellucian, and Flat World Education.

Other Prominent Vendors in the market are: Articulate, Blackboard, Edmodo, Fidelis Education, Fishtree, itslearning, Knewton, Motivis Learning, Saba, and Schoology.

Commenting on the report, an analyst from the research team said: “Emergence of learning relationship management systems will be a key trend for market growth. The higher education market is seeing the emergence of learning relationship management systems. These are software tools used to measure student progress by tracking the mastery of competency real-time and facilitating communication between various stakeholders such as teachers, students, parents, and counselors.”

According to the report, a major driver of competency-based education is growing Internet penetration and the proliferation of accessible and publicly available knowledge. Higher education institutions face enormous pressure to adapt to the paradigm of education. It is expected that online competency-based education will be a major disruptive force in the forecast period for traditional higher education as it is a culmination of the right learning model, technologies, customers, and businesses. Online degree programs, such as those offered by WGU and Southern New Hampshire University, aid learners through targeted learning outcomes, support, and portable skill sets that are in demand by industry employers.

Further, the report states that a major challenge for higher education institutions that wish to enter the market is the lack of financial resources required to implement a change in the education model. Higher education institutions rely largely on federal education grants and alumni support for the required capital.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
- BNED LoudCloud
- D2L
- Ellucian
- Flat World Education
- Articulate
- Blackboard
- Edmodo
- Fidelis Education
- Fishtree
- itslearning
- Knewton
- Motivis Learning
- Saba
- Schoology
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll