About the Digital Badges in Education Market
A digital badge is an indicator of skills and accomplishment earned in a learning environment. Digital badges are also known as open badges, micro-credentials, and educational badges. These badges display interactive images that are posted on web pages and linked to data such as issuer information, criteria, curriculum, rubric, evidence, expiration date, learning pathway, and time of issue. In the education sector, digital badges are primarily used as motivational tools or as evidence of proficiency. Badging systems in education will allow students to gain valid certification of education from associations or organizations other than educational institutions.
Digital badges hard-code the metadata for future access. Since the system is based on an open standard, learners can combine multiple badges earned from different issuers. The technology is necessary to support student learning. This has shifted from traditional pedagogy to various online and offline sources of learning. Students now learn through a variety of knowledge streams, including media, community efforts, group projects, and interest-based learning.
Technavio’s analysts forecast the Global Digital Badges in Education Market to grow at a CAGR of 29.41% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Digital Badges in Education Market for 2016-2020. To calculate market size, the report considers the revenue generated by issuing platforms, which enable easy creation and issuing of digital badges for the higher education and K-12 sectors.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
Technavio's report Global Digital Badges in Education Market 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
• Credly
• Open Badge Factory
• Pearson Education
• Youtopia
Other prominent vendors
• BadgeCraft
• Forallsystems
• Knowledgestreem
• Makewaves
Market driver
• Incorporation of gamification in education sector
• For a full, detailed list, view our report
Market challenge
• Lack of tools to review badges
• For a full, detailed list, view our report
Market trend
• Increased spending on educational technology by educational institutions
• For a full, detailed list, view our report
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.
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
• Market overview
• Global digital badges market
• Global digital badges in education market
• Five forces analysis
PART 06: Market segmentation by end-user
• Higher education
• K-12
PART 07: Geographical segmentation
• Global digital badges in education market 2015-2020
• Digital badges in education market in North America
• Digital badges in education market in Europe
• Digital badges in education market in APAC
• Digital badges in education market in ROW
PART 08: Market drivers
• Incorporation of gamification in education sector
• Labor market scenario
• Need for skill recognition and online credentials
• Government support
• Increasing student awareness about employer needs
PART 09: Impact of drivers
PART 10: Market challenges
• Perceived value of digital badges
• Implementation issues
• Lack of tools to review badges
• Badge creation and management tools in LMSs
• Rise in in-house badging systems
• Differing regional requirements
• Investment and competitions to develop digital badges
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Participation by leading education players in market
• Increased spending on educational technology by educational institutions
• Emergence of online portfolio sites
• Impetus to out-of-school learning
• Educators as micro-credential analysts
PART 13: Vendor landscape
• Competitive scenario
• Competitive benchmarking
• Key vendor analysis
• Credly
• Open Badge Factory
• Pearson Education
• Youtopia
PART 14: Other prominent vendors
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Types of credentials
Exhibit 03: Constituents of a badge ecosystem
Exhibit 04: Use of digital badges
Exhibit 05: Digital badges statistics (as of December, 2015)
Exhibit 06: ICT trends in global education market
Exhibit 07: Global digital badges in education market 2015-2020 ($ millions)
Exhibit 08: Five forces analysis
Exhibit 09: Distribution of global digital badges market by end-users 2015 (%)
Exhibit 10: Global digital badges in education market by geography 2015-2020 (%)
Exhibit 11: Global digital badges in education market by geography 2015 (%)
Exhibit 12: Global digital badges in education market by geography 2020 (%)
Exhibit 13: Global digital badges in education market by geography 2015-2020 ($ millions)
Exhibit 14: Digital badges in education market in North America 2015-2020 ($ millions)
Exhibit 15: Distribution of education market in US 2015 (%)
Exhibit 16: Digital badges in education market in Europe 2015-2020 ($ millions)
Exhibit 17: Active social media users in Western and Eastern Europe 2015 (in millions)
Exhibit 18: Digital badges in education market in APAC 2015-2020 ($ millions)
Exhibit 19: Distribution of LinkedIn members in APAC by countries 2015 (%)
Exhibit 20: Higher education spending in India 2015-2020 ($ billions)
Exhibit 21: Digital badges in education market in ROW 2015-2020 ($ millions)
Exhibit 22: Internet penetration in Africa and Middle East 2015-2020 (millions of users)
Exhibit 23: Total LinkedIn members in major ROW countries 2015 (millions)
Exhibit 24: Global gamification education market 2015-2020 ($ millions)
Exhibit 25: Components of a gamification program
Exhibit 26: Unemployment rates by country 2015 (%)
Exhibit 27: Challenges faced in deciding on graduate courses
Exhibit 28: Impact of drivers
Exhibit 29: Global education LMS market 2015-2020 ($ billions)
Exhibit 30: Impact of drivers and challenges
Exhibit 31: Global education technology market 2015 ($ billions)
Exhibit 32: Commonly used online portfolios
Exhibit 33: Vendor matrix
Exhibit 34: Key vendors: Strategic initiatives overview
Exhibit 35: Credly: Service offerings
Exhibit 36: Open Badge Factory: Features of service offerings
Exhibit 37: Pearson: Learning platforms
Exhibit 38: Pearson: Course resources and content
Exhibit 39: Pearson: Solutions and services
Exhibit 40: Youtopia: Key offerings
Exhibit 41: Other prominent vendors
