Global Alternative Credentials Market for Higher Education 2024-2028

Global Alternative Credentials Market For Higher Education Market 2024-2028

The alternative credentials market for higher education market is forecasted to grow by USD 2,919.77 mn during 2023-2028, accelerating at a CAGR of 18.11% during the forecast period. The report on the alternative credentials market for higher education market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the widening skills gap, the inefficiency of traditional degree programs, and the availability of open educational resources.

Technavio's alternative credentials market for higher education market is segmented as below:

By Product

• Non-credit training courses
• Non-credit certificate programs
• Digital badges
• Competency-based education
• Boot camps

By Type

• Online
• Blended
• Face to face

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the rise in non-traditional offerings as one of the prime reasons driving the alternative credentials market for higher education market growth during the next few years. Also, the rising acceptance of digital badges and the growing prominence of alternative credentialing through m-learning will lead to sizable demand in the market.

The report on the alternative credentials market for higher education market covers the following areas:

• Alternative credentials market for higher education market sizing
• Alternative credentials market for higher education market forecast
• Alternative credentials market for higher education market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading alternative credentials market for higher education market vendors that include 2U Inc., Bisk Ventures, Carroll Community College Foundation Inc., City and Guilds Group, Coursera Inc., Credly, Inc., JPMorgan Chase and Co., New York State Education Department, NIIT Ltd., NorthEastern University, Pearson Plc, Purdue University Global, Simplilearn, Strategic Education Inc., Udacity Inc., Udemy Inc., XuetangX, Temple University, University of Michigan, and University Professional and Continuing Education Association. Also, the alternative credentials market for higher education market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.