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Digital Badges - Global Market Trajectory & Analytics

  • ID: 4845701
  • Report
  • April 2021
  • Region: Global
  • 138 pages
  • Global Industry Analysts, Inc
Global Digital Badges Market to Reach $340.6 Million by 2027

Amid the COVID-19 crisis, the global market for Digital Badges estimated at US$97.7 Million in the year 2020, is projected to reach a revised size of US$340.6 Million by 2027, growing at a CAGR of 19.5% over the period 2020-2027. Virtual Badges, one of the segments analyzed in the report, is projected to record 18.3% CAGR and reach US$101.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Real Badges segment is readjusted to a revised 20.1% CAGR for the next 7-year period.



The U.S. Market is Estimated at $29 Million, While China is Forecast to Grow at 18.8% CAGR

The Digital Badges market in the U.S. is estimated at US$29 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$58.8 Million by the year 2027 trailing a CAGR of 18.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.5% and 16.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.4% CAGR.

Select Competitors (Total 42 Featured):
  • 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
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • Digital Badges to Witness Significant Growth
  • Academic End-Use Segment to Register Higher Growth
  • Impact of Covid-19 and a Looming Global Recession
  • An Introduction to the Leading Market Player
  • Exhibit 1: Percentage Breakdown of Market Share of Digital Badges Market by Leading Players (2018)
  • M&A and Partnerships to Spur Demand for Digital Badges Market
  • 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
  • Exhibit 2: 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
  • Table 1: World Current & Future Analysis for Digital Badges by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Digital Badges by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Virtual Badges by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Virtual Badges by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Real Badges by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Real Badges by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for Academic (K-12 and Higher Education) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Academic (K-12 and Higher Education) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 9: World Current & Future Analysis for Corporate (SMEs and Large Enterprises) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for Corporate (SMEs and Large Enterprises) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
  • Table 11: USA Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 12: USA 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 13: USA Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 14: USA 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
  • Table 15: Canada Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 16: Canada 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 17: Canada Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 18: Canada 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
  • Table 19: Japan Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 20: Japan 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 21: Japan Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 22: Japan 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
  • Table 23: China Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 24: China 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 25: China Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 26: China 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
  • Table 27: Europe Current & Future Analysis for Digital Badges by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 28: Europe 7-Year Perspective for Digital Badges by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 29: Europe Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 30: Europe 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 31: Europe Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 32: Europe 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
  • Table 33: France Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 34: France 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 35: France Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 36: France 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
  • Table 37: Germany Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 38: Germany 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 39: Germany Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 40: Germany 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
  • Table 41: Italy Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 42: Italy 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 43: Italy Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 44: Italy 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
  • Table 45: UK Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 46: UK 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 47: UK Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 48: UK 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
  • Table 49: Rest of Europe Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 50: Rest of Europe 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 51: Rest of Europe Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 52: Rest of Europe 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
  • Table 53: Asia-Pacific Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 54: Asia-Pacific 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 55: Asia-Pacific Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 56: Asia-Pacific 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
  • Table 57: Rest of World Current & Future Analysis for Digital Badges by Type - Virtual Badges and Real Badges - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 58: Rest of World 7-Year Perspective for Digital Badges by Type - Percentage Breakdown of Value Sales for Virtual Badges and Real Badges for the Years 2020 & 2027
  • Table 59: Rest of World Current & Future Analysis for Digital Badges by End-Use - Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 60: Rest of World 7-Year Perspective for Digital Badges by End-Use - Percentage Breakdown of Value Sales for Academic (K-12 and Higher Education) and Corporate (SMEs and Large Enterprises) for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
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