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.
Technavio’s 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
Technavio's 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 driver
• Increased use of adaptive learning
• For a full, detailed list, view our report
Market challenge
• Threat from institutional platforms
• For a full, detailed list, view our report
Market trend
• Learning analytics in competency-based education
• 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
• 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: Explore Technavio
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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
