This market study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Global Digital Badges market analysis report plays very essential role when it is about achieving an incredible growth in the business. It has been believed that the premium market research report is the one which is pertinent, unique, and creditable that employs proven tools and techniques to turn complex market insights into simpler version. Whether it is about renovating a business plan, preparing a presentation for a key client, or giving recommendations to an executive, Digital Badges market report will surely help to a degree.
Data Bridge Market Research analyses that the digital badges market would exhibit a CAGR of 19.10% for the forecast period. Rising trend for the adoption of online courses and training programs, rising incorporation of block chain technology with the digital badges and increasing adoption of digital badges by the various verticals such as banking financial services and insurance, retail and e-commerce, manufacturing, government and defense, energy and utilities, IT and telecom, education, healthcare, and others for the improvement in office productivity are the major factors attributable to the growth of digital badges market.
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Market Overview:
Also known as e-badges, the digital badges are the awards in the form of certificate or anything else that an individual gets on successful attainment of skills and knowledge over a period of time. In other words, a digital badge is a validated indicator that is that is issued by a certified badge issuer. There is no limit to bag digital badges and can be achieved in a wide range of fields.
Digital Badges Market Scope and Market Size
The digital badges market is segmented on the basis of component, type, end user and industry vertical. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
· On the basis of component, the digital badges market has been segmented into platform and services. Services segment is further sub-segmented into professional services and managed services.
· On the basis of type, the digital badges market has been segmented into participation badges, recognition badges, achievement badges, contribution badges and certification badges.
· On the basis of end user, the digital badges market has been segmented into academic and corporate. Academic segment is sub-segmented into k-12 and higher education. Corporate segment is sub-segmented into small and medium enterprises and large enterprises.
· On the basis of industry vertical, the digital badges market has been segmented into banking financial services and insurance, retail and e-commerce, manufacturing, government and defense, energy and utilities, IT and telecom, education, healthcare and others.
The major players covered in the digital badges market report are Credly, Inc., Accredible, Nocti Business Solutions (NBS), Forall Systems, Inc., LearningTimes, RedCritter Corp., Concentric Sky, Inc., Blackboard Inc., Badgecraft, Badge List, Basno, Inc., Be Badges, CINECA, Discendum Oy, Ebizon, Instructure, Inc., Youtopia and Accreditrust Technologies, LLC among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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