Global Alternative Credentials Market for Higher Education 2017-2021

  • ID: 4368874
  • Report
  • Region: Global
  • 69 pages
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Analysts forecast the global alternative credentials market for higher education to grow at a CAGR of 31.80% during the period 2017-2021

FEATURED COMPANIES

  • BadgeCraft
  • Capella Education
  • Coursera
  • Credly
  • Forallsystems
  • Knowledgestreem
  • MORE
About Alternative Credentials for Higher Education

Analysts forecast the global alternative credentials market for higher education to grow at a CAGR of 31.80% during the period 2017-2021

Alternative credentials are referred to as learning outcomes, skills, and competencies that can be received from non-degree activities and assessments that cater to the specific workforce needs. There has been an increase in the ICT investment along with the rise in awareness on the benefits of implementing the advanced mode of education among instructors. Thus, there will be a rise in adoption of technologically advanced methodologies in the education system. Educational institutions, primarily in the higher education segment, are actively devising ways to incorporate advanced learning strategies, such as project-based learning, problem-based learning, inquiry-based learning, and experiential learning.

Covered in this report

The report covers the present scenario and the growth prospects of the global alternative credentials market for higher education for 2017-2021. To calculate the market size, the report considers revenue generated by providers of alternative credentials to students in the higher education segment.

The market is divided into the following segments based on geography:
  • APAC
  • Europe
  • North America
  • ROW
Global Alternative Credentials Market for Higher Education 2017-2021, 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
  • Capella Education
  • Coursera
  • Credly
  • Pearson
Other Prominent Vendors
  • BadgeCraft
  • Forallsystems
  • Knowledgestreem
  • Makewaves
Market Drivers
  • Rising acceptance of digital badges
  • For a full, detailed list, view the full report
Market Challenges
  • Threat from traditional degree program providers
  • For a full, detailed list, view the full report
Market Trends
  • Growing adoption of lifelong learning
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 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?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research:
  • Primary research includes in-depth interviews with industry experts, vendors, resellers and customers
  • Secondary research includes the publisher's platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by government agencies
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FEATURED COMPANIES

  • BadgeCraft
  • Capella Education
  • Coursera
  • Credly
  • Forallsystems
  • Knowledgestreem
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research methodology

PART 04: Introduction
  • Global higher education market
PART 05: Market landscape
  • Global alternative credentials market for higher education
  • Five forces analysis
PART 06: Market segmentation by product
  • Global alternative credentials market for higher education by product
  • Global non-credit training courses for higher education
  • Global non-credit certificate programs for higher education
  • Global digital badges for higher education
  • Global alternative credentials market for higher education by CBE
  • Global alternative credentials market for higher education by bootcamps
PART 07: Geographical segmentation
  • Global alternative credentials market for higher education by geography
  • Alternative credentials market for higher education in North America
  • Alternative credentials market for higher education in Europe
  • Alternative credentials market for higher education in APAC
  • Alternative credentials market for higher education in ROW
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Growing adoption of lifelong learning
  • Rise in non-traditional offerings
  • Emergence of online portfolio sites
  • Rise in branding activities
PART 11: Vendor landscape
  • Competitive scenario
PART 12: Key vendor analysis
  • Capella Education
  • Coursera
  • Credly
  • Pearson
PART 13: Other prominent vendors
  • BadgeCraft
  • Forallsystems
  • Knowledgestreem
  • Makewaves
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global alternative credentials market for higher education 2016-2021 ($ millions)
Exhibit 02: Five forces analysis
Exhibit 03: Global alternative credentials market for higher education by product 2016-2021 ($ millions)
Exhibit 04: Global alternative credentials market for higher education by product 2016-2021 (%)
Exhibit 05: Global non-credit training courses for higher education 2016-2021 ($ millions)
Exhibit 06: Global non-credit certificate programs for higher education 2016-2021 ($ millions)
Exhibit 07: Global digital badges for higher education 2016-2021 ($ millions)
Exhibit 08: Global alternative credentials market for higher education by CBE 2016-2021 ($ millions)
Exhibit 09: Global alternative credentials market for higher education by bootcamps 2016-2021 ($ millions)
Exhibit 10: Global alternative credentials market for higher education by geography 2016-2021 ($ millions)
Exhibit 11: Global alternative credentials market for higher education by geography 2016-2021 (%)
Exhibit 12: Alternative credentials market for higher education in North America 2016-2021 ($ millions)
Exhibit 13: Alternative credentials market for higher education in Europe 2016-2021 ($ millions)
Exhibit 14: Alternative credentials market for higher education in APAC 2016-2021 ($ millions)
Exhibit 15: Alternative credentials market for higher education in ROW 2016-2021 ($ millions)
Exhibit 16: Commonly used online portfolios
Exhibit 17: Vendor analysis
Exhibit 18: Key vendors: Strategic initiatives overview
Exhibit 19: Capella Education: Business segments
Exhibit 20: Credly: Service offerings
Exhibit 21: Pearson: Customer categories
Exhibit 22: Higher education: Products and services for institutions
Exhibit 23: Higher education: Products and services for teaching
Exhibit 24: Higher education: Subject catalog
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FEATURED COMPANIES

  • BadgeCraft
  • Capella Education
  • Coursera
  • Credly
  • Forallsystems
  • Knowledgestreem
  • MORE
New Research Report - Global Alternative Credentials Market for Higher Education 2017-2021

The publisher recognizes the following companies as the key players in the global alternative credentials market for higher education: Capella Education, Coursera, Credly, and Pearson.

Other Prominent Vendors in the market are: BadgeCraft, Forallsystems, Knowledgestreem, and Makewaves.

Commenting on the report, an analyst from the research team said: “One trend in the market is growing adoption of lifelong learning. Lifelong learning has already become an important aspect of corporate training and learning, which is practiced rigorously in companies operating in various geographical regions. The concept has permeated into the education industry as well, and is encouraging instructors and students to undertake programs and courses that help them adapt with the current technologies and strategies.”

According to the report, one driver in the market is rising acceptance of digital badges. The increased acceptance of digital badges has been observed by the higher education institutions on a global scale but largely in developed economies, such as the US and Germany. There has been increased competition in the education sector and students are looking for ways to acquire proficiency and skills that are employment oriented. In this direction, among various alternative credentials, digital badges have come to the fore that provides a platform wherein students can showcase their additional skills attained apart from academic degrees.

Further, the report states that one challenge in the market is threat from traditional degree program providers. The market for these credential courses is still unstable with the growing nexus of education service providers, MOOCs, and institutions that offer hybrid programs and courses. These alternative credentials have appeared as a suitable alternative to full-time, fixed-time duration, on-campus, and expensive traditional programs. The option to the students to carry out only those courses that they deem important or adequate to enter the job market has also helped in managing their budget and expenses.

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.
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  • Capella Education
  • Coursera
  • Credly
  • Pearson
  • BadgeCraft
  • Forallsystems
  • Knowledgestreem
  • Makewaves
Note: Product cover images may vary from those shown
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