Digital Badges Market by Offering (Platforms and Services), Type (Certification, Participation, Recognition, Achievement, Contribution), End User (Academic, Corporate, Government, Non-profit Organizations) and Region - Global Forecast to 2028

Digital Badges Market by Offering (Platforms and Services), Type (Certification, Participation, Recognition, Achievement, Contribution), End User (Academic, Corporate, Government, Non-profit Organizations) and Region - Global Forecast to 2028



The Digital badges market is estimated at USD 0.2 billion in 2023 and is projected to reach USD 0.5 billion by 2028, at a CAGR of 16.5% from 2023 to 2028. Various key players in the ecosystem have led to a competitive and diverse market.

""By offering, platform segment to hold the largest market size during the forecast period.""

Digital badge platforms offer a wide range of features that simplify the creation, issuance, management, and verification of digital badges. Users can leverage these solutions to design and customize badges using templates and metadata, ensuring unique and informative representations of achievements. The badge issuance process is made convenient, supporting both automated procedures and manual approval workflows. Effective badge management features allow for easy organization, setting of expiration dates, and the ability to update or revoke badges when necessary. To maintain authenticity, digital badge solutions offer verification mechanisms such as embedded metadata or integration with external verification services. By enabling recipients to display badges on websites, social media profiles, or digital portfolios, these solutions provide opportunities to share accomplishments with peers, potential employers, or educational institutions, promoting recognition and professional growth. Digital badge solutions bring numerous benefits to organizations and individuals alike. For organizations, these solutions provide a tangible and portable method of recognizing and motivating individuals, encouraging ongoing learning and skill development. By enhancing online visibility and credibility, digital badges strengthen the professional profiles of individuals, increasing their chances of career advancement.

Based on services, the professional services segment is expected to register the largest market size during the forecast period.

Professional services for digital badges play a crucial role in supporting organizations and individuals in effectively utilizing digital badges. These services provide specialized expertise and guidance in various aspects of digital badges, including strategy development, badge design and development, badge issuance and management, verification and authentication, analytics and reporting, integration with existing systems, and support for recognition and promotion. By leveraging professional services, organizations and individuals can effectively plan, design, implement, and manage their digital badge programs. Service providers ensure the proper use of digital badges by offering insights, best practices, and technical support throughout the entire lifecycle of the badge program. They help ensure that digital badges align with organizational goals, are visually appealing, credible, and easily verifiable.

“Asia Pacific to register the second highest growth rate during the forecast period.”

The Asia Pacific region is expected to emerge as the fastest growing market for digital badges and learning solutions. The region has started adopting smart eLearning solutions for academic institutes and corporate houses. Asia Pacific organizations are trying their best to gain better RoI on talent development, fulfill employee learning requirements, offer proper employee training, and receive quantifiable business outcomes. As many organizations have tight learning budgets, they prefer technology-enabled learning approaches, which are also cost-effective, to impart training and supply resources to their learners. Many learning solution vendors are expanding their reach and exploring opportunities in the Asia Pacific region by offering personalized learning environments and catering to the fluctuating demands of the market. These vendors are enabling the integration of digital badges in their solutions for social learning, mobile learning, and adaptive learning to provide a continuous learning environment.

Breakdown of primaries

The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:

By Company Type: Tier 1 – 15%, Tier 2 – 25%, and Tier 3 – 60%

By Designation: C-level –45%, D-level – 30%, and Others – 25%

By Region: North America – 45%, Europe – 25%, Asia Pacific – 20%, and Rest of World- 10%.

The major players in the Digital badges market Pearson (UK), Instructure (US), SkillSoft Corporation (US), PeopleCert (UK), Accredible (US), Parchment (US), EbizON (India), Accreditrust Technologies (US), Badgecraft (Lithuania), Badge List (US), Bestr (Italy), Basno (US), Saarni Learning Oy (Finland), ForAllSystems (US), LearningTimes (US), Nocti Business Solutions (US), Knowledge Catalyst, Learning Vault, Hyperstack (US), TruScholar (India), CredSure.io (Germany), CertifyMe (US), Convergence.Tech (Canada), Open Badge Factory (Finland), Sertifier (US), Certopus (India), and Virtualbadge.io (Germany). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the Digital badges market.

Research Coverage

The market study covers the Digital badges market size across different segments. It aims at estimating the market size and the growth potential across different segments, including offerings (platform and services), type, end user and region. The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants with information on the closest approximations of the global Digital badges market's revenue numbers and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market's pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (growth in the adoption of online education, increasing focus on employees’ professional development, and use of blockchain for digital badges), restraints (lack of IT infrastructure in developing countries), opportunities (growing emphasis on lifelong learning and gamification in the education industry), and challenges (lack of digital badge equivalents and budget constraints for education institutions) influencing the growth of the Digital badges market. Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Digital badges market. Market Development: Comprehensive information about lucrative markets – the report analyses the Digital badges market across various regions. Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Digital badges market. Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players Pearson (UK), Instructure (US), SkillSoft Corporation (US), PeopleCert (UK), Accredible (US), Parchment (US), EbizON (India), Accreditrust Technologies (US), Badgecraft (Lithuania), Badge List (US), Bestr (Italy), Basno (US), Saarni Learning Oy (Finland), ForAllSystems (US), LearningTimes (US), Nocti Business Solutions (US), Knowledge Catalyst, Learning Vault, Hyperstack (US), TruScholar (India), CredSure.io (Germany), CertifyMe (US), Convergence.Tech (Canada), Open Badge Factory (Finland), Sertifier (US), Certopus (India), and Virtualbadge.io (Germany).


1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Market Segmentation
Figure 1 Digital Badges Market Segmentation
1.3.2 Regions Covered
1.3.3 Inclusions And Exclusions
1.3.4 Years Considered
1.4 Currency Considered
Table 1 Usd Exchange Rates, 2020–2022
1.5 Stakeholders
1.6 Recession Impact
1.7 Summary Of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Digital Badges Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown Of Primary Profiles
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
Figure 3 Approaches Used For Market Size Estimation
Figure 4 Approach 1: Supply-side Analysis Of Revenue From Platforms And Services
2.2.1 Bottom-up Approach
Figure 5 Bottom-up Approach
Figure 6 Approach 1 (Bottom-up, Supply Side): Collective Revenue Of Digital Badges Vendors
2.2.2 Top-down Approach
Figure 7 Top-down Approach
2.2.3 Digital Badges Market Estimation: Demand-side Analysis
Figure 8 Demand-side Analysis
2.3 Data Triangulation
Figure 9 Data Triangulation
2.4 Research Assumptions
2.5 Limitations
2.6 Implication Of Recession
3 Executive Summary
Figure 10 Digital Badges Market Growth Trend, 2023–2028 (Usd Million)
Figure 11 Digital Badges Market, By Region, 2023
4 Premium Insights
4.1 Brief Overview Of Digital Badges Market
Figure 12 Increase In Enrolment In Online Courses To Drive Digital Badges Market Growth During Forecast Period
4.2 Leading Segments In Digital Badges Market
Figure 13 Leading Segments In Digital Badges Market In 2023
4.3 Digital Badges Market, By Offering
Figure 14 Digital Badge Platforms To Dominate Over Services Market In 2023
4.4 Digital Badges Market, By Service
Figure 15 Managed Services To Witness Higher Growth Than Professional Services Market
4.5 Digital Badges Market, By End User
Figure 16 Academic End Users To Lead Market In 2023 And 2028
5 Market Overview And Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 17 Digital Badges Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Growth In Adoption Of Online Education
5.2.1.2 Increase In Focus On Employees’ Professional Development
5.2.1.3 Use Of Blockchain For Digital Badges
5.2.2 Restraints
5.2.2.1 Lack Of It Infrastructure In Emerging Economies
5.2.3 Opportunities
5.2.3.1 Growth In Emphasis On Lifelong Learning
5.2.3.2 Gamification Of Education Industry
5.2.4 Challenges
5.2.4.1 Lack Of Digital Badge Equivalents
5.2.4.2 Budget Constraints For Educational Institutions
5.3 Industry Trends
5.3.1 Open Badge Infrastructure
Figure 18 Open Badge Infrastructure
5.3.2 Ecosystem Analysis
Figure 19 Digital Badges Market: Ecosystem
Table 2 Digital Badges Market: Ecosystem
5.3.3 Case Study Analysis
5.3.3.1 Gmac Uses Digital Badges To Increase Visibility Of Admissions Program
5.3.3.2 Truscholar Modernizing Wirc Of Icai
5.3.3.3 Jigsawmindz Growing Its Visibility Through Digital Badges
5.3.3.4 Hootsuite Uses Digital Badges To Recognize And Reward Learning
5.3.4 Value Chain Analysis
Figure 20 Digital Badges Market: Value Chain Analysis
5.3.4.1 Government Regulatory Authorities
5.3.4.2 Digital Badge Solution Providers
5.3.4.3 Service Providers
5.3.5 Regulatory Landscape
5.3.5.1 Regulatory Bodies, Government Agencies, And Other Organizations
Table 3 North America: Regulatory Bodies, Government Agencies, And Other Organizations
Table 4 Europe: Regulatory Bodies, Government Agencies, And Other Organizations
Table 5 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 6 Row: Regulatory Bodies, Government Agencies, And Other Organizations
5.3.5.2 North America
5.3.5.2.1 Us
5.3.5.2.2 Canada
5.3.5.3 Europe
5.3.5.4 Asia Pacific
5.3.5.4.1 China
5.3.5.4.2 India
5.3.5.5 Middle East & Africa
5.3.5.5.1 Uae
5.3.5.6 Latin America
5.3.5.6.1 Brazil
5.3.6 Key Conferences & Events
Table 7 Detailed List Of Conferences & Events, 2023–2024
5.3.7 Pricing Analysis
5.3.7.1 Average Selling Price Of Key Players
Table 8 Average Selling Price Ranges Of Subscription-based Digital Badge Services
5.3.7.2 Average Selling Price Trend
5.3.8 Porter’s Five Force Model
Table 9 Impact Of Each Porter’s Force On Digital Badges Market
5.3.8.1 Threat From New Entrants
5.3.8.2 Threat From Substitutes
5.3.8.3 Bargaining Power Of Buyers
5.3.8.4 Bargaining Power Of Suppliers
5.3.8.5 Intensity Of Competitive Rivalry
5.3.9 Technology Analysis
5.3.9.1 Blockchain
5.3.9.2 Metadata
5.3.9.3 Big Data
5.3.10 Patent Analysis
5.3.10.1 Methodology
5.3.10.2 Document Types
Table 10 Patents Filed, 2021–2023
5.3.10.3 Innovation And Patent Applications
Figure 21 Number Of Patents Granted Annually, 2021–2023
Table 11 Patents Granted In Digital Badges Market, 2021–2023
5.3.11 Trends And Disruptions Impacting Buyers/Clients
6 Digital Badges Market, By Offering
6.1 Introduction
Figure 22 Digital Badge Services To Grow At Highest Cagr During Forecast Period
6.1.1 Offering: Digital Badges Market Drivers
Table 12 Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 13 Digital Badges Market, By Offering, 2023–2028 (Usd Million)
6.2 Platforms
6.2.1 Showcasing Expertise With Digital Credentials
Table 14 Platforms: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 15 Platforms: Digital Badges Market, By Region, 2023–2028 (Usd Million)
6.3 Services
Table 16 Services: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 17 Services: Digital Badges Market, By Region, 2023–2028 (Usd Million)
Table 18 Services: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 19 Services: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Figure 23 Managed Services Segment To Grow At Highest Cagr During Forecast Period
6.3.1 Professional Services
6.3.1.1 Gaining Competitive Edge In Digital Badges Through Professional Services
Table 20 Professional Services: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 21 Professional Services: Digital Badges Market, By Region, 2023–2028 (Usd Million)
6.3.2 Managed Services
6.3.2.1 Managing Digital Badges Through Expert Guidance While Saving Time And Cost
Table 22 Managed Services: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 23 Managed Services: Digital Badges Market, By Region, 2023–2028 (Usd Million)
7 Digital Badges Market, By End User
7.1 Introduction
Figure 24 Government Segment To Grow At Higher Cagr During Forecast Period
7.1.1 End User: Digital Badges Market Drivers
Table 24 Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 25 Digital Badges Market, By End User, 2023–2028 (Usd Million)
7.2 Academic
7.2.1 Nurturing Motivation And Personalized Learning
Table 26 Academic: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 27 Academic: Digital Badges Market, By Region, 2023–2028 (Usd Million)
Table 28 Academic: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 29 Academic: Digital Badges Market, By Type, 2023–2028 (Usd Million)
7.2.2 K-12
7.2.2.1 Ensuring Future-ready School And Students
Table 30 K-12: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 31 K-12: Digital Badges Market, By Region, 2023–2028 (Usd Million)
7.2.3 Higher Education
7.2.3.1 Complementary And Supplementary Credentials To Traditional Transcripts
Table 32 Higher Education: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 33 Higher Education: Digital Badges Market, By Region, 2023–2028 (Usd Million)
7.3 Corporate
7.3.1 Tangible Rewards To Foster Employee Engagement
Table 34 Corporate: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 35 Corporate: Digital Badges Market, By Region, 2023–2028 (Usd Million)
Table 36 Corporate: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 37 Corporate: Digital Badges Market, By Type, 2023–2028 (Usd Million)
7.3.2 Smes
7.3.2.1 Demand To Keep Track Of Employee Competencies
Table 38 Smes: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 39 Smes: Digital Badges Market, By Region, 2023–2028 (Usd Million)
7.3.3 Large Enterprises
7.3.3.1 Standardization By Aligning Badge Programs With Desired Skill Frameworks To Ensure Consistency In Training Efforts
Table 40 Large Enterprises: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 41 Large Enterprises: Digital Badges Market, By Region, 2023–2028 (Usd Million)
7.4 Government
7.4.1 Standardizing Employee Skills Across Established Frameworks To Meet Organizational Objectives And Build Public Trust
Table 42 Government: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 43 Government: Digital Badges Market, By Region, 2023–2028 (Usd Million)
7.5 Non-profit Organizations
7.5.1 Digital Non-profit Credentials Showcasing Expertise In Social Good
Table 44 Non-profit Organizations: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 45 Non-profit Organizations: Digital Badges Market, By Region, 2023–2028 (Usd Million)
7.6 Other End Users
Table 46 Other End Users: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 47 Other End Users: Digital Badges Market, By Region, 2023–2028 (Usd Million)
8 Digital Badges Market, By Type
8.1 Introduction
Figure 25 Participation Badge To Register Higher Cagr During Forecast Period
8.1.1 Type: Market Drivers
Table 48 Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 49 Digital Badges Market, By Type, 2023–2028 (Usd Million)
8.2 Certification Badges
8.2.1 Reliable Means Of Evaluating Candidates’ Qualifications For Employers
Table 50 Certification Badges: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 51 Certification Badges: Digital Badges Market, By Region, 2023–2028 (Usd Million)
8.3 Recognition Badges
8.3.1 Enhancing Stakeholder Engagement
Table 52 Recognition Badges: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 53 Recognition Badges: Digital Badges Market, By Region, 2023–2028 (Usd Million)
8.4 Participation Badges
8.4.1 Motivating Participation And Expanding Networks
Table 54 Participation Badges: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 55 Participation Badges: Digital Badges Market, By Region, 2023–2028 (Usd Million)
8.5 Achievement Badges
8.5.1 Showcasing Accomplishments To Build Credibility
Table 56 Achievement Badges: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 57 Achievement Badges: Digital Badges Market, By Region, 2023–2028 (Usd Million)
8.6 Contribution Badges
8.6.1 Recognizing Contributions That Made Difference
Table 58 Contribution Badges: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 59 Contribution Badges: Digital Badges Market, By Region, 2023–2028 (Usd Million)
9 Digital Badges Market, By Region
9.1 Introduction
Table 60 Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 61 Digital Badges Market, By Region, 2023–2028 (Usd Million)
9.2 North America
9.2.1 North America: Recession Impact
9.2.2 North America: Digital Badges Market Drivers
Figure 26 North America: Market Snapshot
Table 62 North America: Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 63 North America: Digital Badges Market, By Offering, 2023–2028 (Usd Million)
Table 64 North America: Digital Badges Market, By Service, 2017–2022 (Usd Million)
Table 65 North America: Digital Badges Market, By Service, 2023–2028 (Usd Million)
Table 66 North America: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 67 North America: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Table 68 North America: Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 69 North America: Digital Badges Market, By End User, 2023–2028 (Usd Million)
Table 70 North America: Digital Badges Market, By Academic End User, 2017–2022 (Usd Million)
Table 71 North America: Digital Badges Market, By Academic End User, 2023–2028 (Usd Million)
Table 72 North America: Digital Badges Market, By Corporate End User, 2017–2022 (Usd Million)
Table 73 North America: Digital Badges Market, By Corporate End User, 2023–2028 (Usd Million)
Table 74 North America: Digital Badges Market, By Country, 2017–2022 (Usd Million)
Table 75 North America: Digital Badges Market, By Country, 2023–2028 (Usd Million)
9.2.3 Us
9.2.3.1 Adopted By Big Tech Corporations To Track Employee Skills And Competencies
Table 76 Us: Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 77 Us: Digital Badges Market, By Offering, 2023–2028 (Usd Million)
Table 78 Us: Digital Badges Market, By Service, 2017–2022 (Usd Million)
Table 79 Us: Digital Badges Market, By Service, 2023–2028 (Usd Million)
Table 80 Us: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 81 Us: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Table 82 Us: Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 83 Us: Digital Badges Market, By End User, 2023–2028 (Usd Million)
9.2.4 Canada
9.2.4.1 Increase In Implementation Of Digital Badges By National Professional Associations
Table 84 Canada: Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 85 Canada: Digital Badges Market, By Offering, 2023–2028 (Usd Million)
Table 86 Canada: Digital Badges Market, By Service, 2017–2022 (Usd Million)
Table 87 Canada: Digital Badges Market, By Service, 2023–2028 (Usd Million)
Table 88 Canada: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 89 Canada: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Table 90 Canada: Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 91 Canada: Digital Badges Market, By End User, 2023–2028 (Usd Million)
9.3 Europe
9.3.1 Europe: Recession Impact
9.3.2 Europe: Digital Badges Market Drivers
Table 92 Europe: Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 93 Europe: Digital Badges Market, By Offering, 2023–2028 (Usd Million)
Table 94 Europe: Digital Badges Market, By Service, 2017–2022 (Usd Million)
Table 95 Europe: Digital Badges Market, By Service, 2023–2028 (Usd Million)
Table 96 Europe: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 97 Europe: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Table 98 Europe: Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 99 Europe: Digital Badges Market, By End User, 2023–2028 (Usd Million)
Table 100 Europe: Digital Badges Market, By Academic End User, 2017–2022 (Usd Million)
Table 101 Europe: Digital Badges Market, By Academic End User, 2023–2028 (Usd Million)
Table 102 Europe: Digital Badges Market, By Corporate End User, 2017–2022 (Usd Million)
Table 103 Europe: Digital Badges Market, By Corporate End User, 2023–2028 (Usd Million)
Table 104 Europe: Digital Badges Market, By Country, 2017–2022 (Usd Million)
Table 105 Europe: Digital Badges Market, By Country, 2023–2028 (Usd Million)
9.3.3 Uk
9.3.3.1 Growth In Interest In Education, Employment, And Skills Development Sector
Table 106 Uk: Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 107 Uk: Digital Badges Market, By Offering, 2023–2028 (Usd Million)
Table 108 Uk: Digital Badges Market, By Service, 2017–2022 (Usd Million)
Table 109 Uk: Digital Badges Market, By Service, 2023–2028 (Usd Million)
Table 110 Uk: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 111 Uk: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Table 112 Uk: Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 113 Uk: Digital Badges Market, By End User, 2023–2028 (Usd Million)
9.3.4 Germany
9.3.4.1 Increase In Government Initiatives
9.3.5 Spain
9.3.5.1 Rise In Popularity Of Digital Badges In Education Sector
9.3.6 Rest Of Europe
9.4 Asia Pacific
9.4.1 Asia Pacific: Recession Impact
9.4.2 Asia Pacific: Digital Badges Market Drivers
Figure 27 Asia Pacific: Market Snapshot
Table 114 Asia Pacific: Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 115 Asia Pacific: Digital Badges Market, By Offering, 2023–2028 (Usd Million)
Table 116 Asia Pacific: Digital Badges Market, By Service, 2017–2022 (Usd Million)
Table 117 Asia Pacific: Digital Badges Market, By Service, 2023–2028 (Usd Million)
Table 118 Asia Pacific: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 119 Asia Pacific: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Table 120 Asia Pacific: Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 121 Asia Pacific: Digital Badges Market, By End User, 2023–2028 (Usd Million)
Table 122 Asia Pacific: Digital Badges Market, By Academic End User, 2017–2022 (Usd Million)
Table 123 Asia Pacific: Digital Badges Market, By Academic End User, 2023–2028 (Usd Million)
Table 124 Asia Pacific: Digital Badges Market, By Corporate End User, 2017–2022 (Usd Million)
Table 125 Asia Pacific: Digital Badges Market, By Corporate End User, 2023–2028 (Usd Million)
Table 126 Asia Pacific: Digital Badges Market, By Country, 2017–2022 (Usd Million)
Table 127 Asia Pacific: Digital Badges Market, By Country, 2023–2028 (Usd Million)
9.4.3 China
9.4.3.1 Rise In Number Of People Using Mobile Devices
Table 128 China: Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 129 China: Digital Badges Market, By Offering, 2023–2028 (Usd Million)
Table 130 China: Digital Badges Market, By Service, 2017–2022 (Usd Million)
Table 131 China: Digital Badges Market, By Service, 2023–2028 (Usd Million)
Table 132 China: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 133 China: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Table 134 China: Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 135 China: Digital Badges Market, By End User, 2023–2028 (Usd Million)
9.4.4 Japan
9.4.4.1 Greater Interest In Lifelong Learning And Educational Reforms
9.4.5 India
9.4.5.1 Increase In Value For Micro-credentials And Upskilling
9.4.6 Australia & New Zealand
9.4.6.1 Rise In Adoption Of Digital Badge Solutions In Australia & New Zealand
9.4.7 South Korea
9.4.7.1 Well-developed Elearning Infrastructure
9.4.8 Rest Of Asia Pacific
9.5 Middle East & Africa
9.5.1 Middle East & Africa: Recession Impact
9.5.2 Middle East & Africa: Digital Badges Market Drivers
Table 136 Middle East & Africa: Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 137 Middle East & Africa: Digital Badges Market, By Offering, 2023–2028 (Usd Million)
Table 138 Middle East & Africa: Digital Badges Market, By Service, 2017–2022 (Usd Million)
Table 139 Middle East & Africa: Digital Badges Market, By Service, 2023–2028 (Usd Million)
Table 140 Middle East & Africa: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 141 Middle East & Africa: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Table 142 Middle East & Africa: Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 143 Middle East & Africa: Digital Badges Market, By End User, 2023–2028 (Usd Million)
Table 144 Middle East & Africa: Digital Badges Market, By Academic End User, 2017–2022 (Usd Million)
Table 145 Middle East & Africa: Digital Badges Market, By Academic End User, 2023–2028 (Usd Million)
Table 146 Middle East & Africa: Digital Badges Market, By Corporate End User, 2017–2022 (Usd Million)
Table 147 Middle East & Africa: Digital Badges Market, By Corporate End User, 2023–2028 (Usd Million)
Table 148 Middle East & Africa: Digital Badges Market, By Region, 2017–2022 (Usd Million)
Table 149 Middle East & Africa: Digital Badges Market, By Region, 2023–2028 (Usd Million)
9.5.3 Middle East
9.5.3.1 Increase In Popularity Of Online Training And Government Initiatives
Table 150 Middle East: Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 151 Middle East: Digital Badges Market, By Offering, 2023–2028 (Usd Million)
Table 152 Middle East: Digital Badges Market, By Service, 2017–2022 (Usd Million)
Table 153 Middle East: Digital Badges Market, By Service, 2023–2028 (Usd Million)
Table 154 Middle East: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 155 Middle East: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Table 156 Middle East: Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 157 Middle East: Digital Badges Market, By End User, 2023–2028 (Usd Million)
9.5.4 Africa
9.5.4.1 Ngo Initiatives And Pilot Badge Programs
9.6 Latin America
9.6.1 Latin America: Recession Impact
9.6.2 Latin America: Digital Badges Market Drivers
Table 158 Latin America: Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 159 Latin America: Digital Badges Market, By Offering, 2023–2028 (Usd Million)
Table 160 Latin America: Digital Badges Market, By Service, 2017–2022 (Usd Million)
Table 161 Latin America: Digital Badges Market, By Service, 2023–2028 (Usd Million)
Table 162 Latin America: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 163 Latin America: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Table 164 Latin America: Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 165 Latin America: Digital Badges Market, By End User, 2023–2028 (Usd Million)
Table 166 Latin America: Digital Badges Market, By Academic End User, 2017–2022 (Usd Million)
Table 167 Latin America: Digital Badges Market, By Academic End User, 2023–2028 (Usd Million)
Table 168 Latin America: Digital Badges Market, By Corporate End User, 2017–2022 (Usd Million)
Table 169 Latin America: Digital Badges Market, By Corporate End User, 2023–2028 (Usd Million)
Table 170 Latin America: Digital Badges Market, By Country, 2017–2022 (Usd Million)
Table 171 Latin America: Digital Badges Market, By Country, 2023–2028 (Usd Million)
9.6.3 Brazil
9.6.3.1 Rise In Digital Badges Projects And Initiatives
Table 172 Brazil: Digital Badges Market, By Offering, 2017–2022 (Usd Million)
Table 173 Brazil: Digital Badges Market, By Offering, 2023–2028 (Usd Million)
Table 174 Brazil: Digital Badges Market, By Service, 2017–2022 (Usd Million)
Table 175 Brazil: Digital Badges Market, By Service, 2023–2028 (Usd Million)
Table 176 Brazil: Digital Badges Market, By Type, 2017–2022 (Usd Million)
Table 177 Brazil: Digital Badges Market, By Type, 2023–2028 (Usd Million)
Table 178 Brazil: Digital Badges Market, By End User, 2017–2022 (Usd Million)
Table 179 Brazil: Digital Badges Market, By End User, 2023–2028 (Usd Million)
9.6.4 Mexico
9.6.4.1 Potential For Learning And Development Through Ngo Initiatives
9.6.5 Rest Of Latin America
10 Competitive Landscape
10.1 Introduction
10.2 Strategies Adopted By Key Players
Table 180 Overview Of Strategies Adopted By Key Players
10.3 Historical Revenue Analysis
Figure 28 Historical Revenue Analysis Of Key Players, 2020–2022 (Usd Million)
10.4 Market Share Analysis Of Key Players
Table 181 Digital Badges Market: Degree Of Competition
10.5 Competitive Benchmarking
Table 182 Competitive Benchmarking Of Key Players
10.6 Company Evaluation Matrix
10.6.1 Company Evaluation Matrix Methodology
Figure 29 Evaluation Quadrant Matrix For Key Players: Criteria Weightage
10.6.2 Stars
10.6.3 Emerging Leaders
10.6.4 Pervasive Players
10.6.5 Participants
Figure 30 Evaluation Quadrant Matrix For Key Players, 2023
10.7 Competitive Scenario
10.7.1 Deals
Table 183 Deals, 2020–2023
11 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View)*
11.1 Pearson
Table 184 Pearson: Business Overview
Figure 31 Pearson: Company Snapshot
Table 185 Pearson: Products/Solutions/Services Offered
Table 186 Pearson: Deals
11.2 Instructure
Table 187 Instrcuture: Business Overview
Table 188 Instrcuture: Products/Solutions/Services Offered
Table 189 Instructure: Deals
11.3 Skillsoft
Table 190 Skillsoft: Business Overview
Figure 32 Skillsoft: Company Snapshot
Table 191 Skillsoft: Products/Solutions/Services Offered
11.4 Peoplecert
Table 192 Peoplecert: Business Overview
Figure 33 Peoplecert: Company Snapshot
Table 193 Peoplecert: Products/Solutions/Services Offered
Table 194 Peoplecert: Deals
11.5 Accredible
Table 195 Accredible: Business Overview
Table 196 Accredible: Products/Solutions/Services Offered
Table 197 Accredible: Deals
11.6 Parchment
Table 198 Parchment: Business Overview
Table 199 Parchment: Products/Solutions/Services Offered
Table 200 Parchment: Deals
11.7 Ebizon
Table 201 Ebizon: Business Overview
Table 202 Ebizon: Products/Solutions/Services Offered
11.8 Accreditrust Technologies
11.9 Badge List
11.10 Badgecraft
11.11 Bestr
11.12 Basno
11.13 Saarni Learning Oy
11.14 Forall Systems
11.15 Learningtimes
11.16 Nocti Business Solutions
11.17 Knowledge Catalyst
11.18 Learning Vault
11.19 Hyperstack
11.20 Truscholar
11.21 Certifyme
11.22 Convergence.Tech
11.23 Open Badge Factory
11.24 Sertifier
11.25 Credsure
11.26 Virtualbadge.Io
11.27 Certopus
*Details On Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View Might Not Be Captured In Case Of Unlisted Companies.
12 Adjacent/Related Markets
12.1 Introduction
12.2 Learning Management System Market

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