Quick Summary:
In the rapidly evolving world of digital credentialing and accreditation, having a clear understanding of the key players and trends shaping the Global Digital Badges Market is more important than ever. The market, valued at $111.9 Million in 2022, is projected to reach $446.9 Million by 2030, and this comprehensive report provides the insights you need to navigate this significant growth trajectory.
From established markets such as the U.S. to emerging markets like China, Japan, and Canada, our report thoroughly analyzes geographical data and highlights key growth regions. With a robust overview of select competitors including Accredible, Accreditrust Technologies, and Badge List among others, you will gain a comprehensive understanding of the competitive landscape. Leverage previously unattainable insights and strategically position your business for success in an expanding digital badge landscape.
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.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
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Digital Badges?
What is the growth rate of the Global Market for Digital Badges?
What is the forecasted size of the Global Market for Digital Badges?
Who are the key companies in the Global Market for Digital Badges?
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 111.9 Million |
| Forecasted Market Value ( USD | $ 446.9 Million |
| Compound Annual Growth Rate | 18.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 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
