The Worldwide Digital Badges Industry is Projected to Reach $46.9 Million by 2030 - Increasing Emphasis on Gamification to Drive Market Growth

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Global Market for Digital Badges

Global Market for Digital Badges

Dublin, Feb. 01, 2023 (GLOBE NEWSWIRE) -- The "Digital Badges - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

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 for 2023?

• 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

Report Attribute	Details
No. of Pages	194
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$111.9 Million
Forecasted Market Value (USD) by 2030	$446.9 Million
Compound Annual Growth Rate	18.9%
Regions Covered	Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• Digital Badges to Witness Significant Growth

• Academic End-Use Segment to Register Higher Growth

• Digital Badges - Global Key Competitors Percentage Market Share in 2022 (E)

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

• An Introduction to the Leading Market Player

• Percentage Breakdown of Market Share of Digital Badges Market by Leading Players (2018)

• M&A and Partnerships to Spur Demand for Digital Badges Market

3. MARKET TRENDS & DRIVERS

• 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

• 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

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/26x40v-badges?w=12

Attachment

• Global Market for Digital Badges

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