Digital Badges Market Size, Industry Share & Trends | 2032

Digital Badges Market Size, Industry Share & Trends | 2032

Segments - by Badge Type (Professional Certification Badges, Academic Achievement Badges, Skill-Based Badges, Compliance and Training Badges, Event Participation Badges, & Micro-Credentials), by End-User Industry (Education And Academia, Corporate & Enterprise, Government, Nonprofits & NGOs, & Healthcare), by Deployment Type (On-Premise, Cloud-Based Solutions, Hybrid Solutions), by Platform (Web-Based Platforms, Mobile Applications, Blockchain-Based Badge Platforms), by Application (Education, Corporate Learning & Development, Online Learning Platforms, Workforce Credentialing, Skill-Based Training Program), by Issuer Type (Educational Institutions, Corporates, Nonprofits, Government Entities)

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Author : Debadatta Patel
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Upcoming | Report ID :CG-7209 | 4.8 Rating | 74 Reviews | 363 Pages | Format : PDF Excel PPT

Report Description


Market Outlook:

The global Digital badges market was estimated at USD 373.9 Million in 2023 and is anticipated to reach USD 1,734.2 Million by 2032, expanding at a CAGR of 19.2 % during the forecast period.

Digital badges are online symbols that represent achievements, skills, or competencies earned through educational, training, or professional activities. These badges act as digital credentials, offering visual proof of accomplishment that can be shared on platforms like social media, digital portfolios, or professional networks. Each badge is tied to specific criteria or standards, signifying that the recipient has demonstrated expertise in a particular area. By enhancing learning experiences, fostering motivation, and supporting credentialing in both formal and informal education, digital badges play a pivotal role. The digital badge ecosystem includes their creation, issuance, management, and recognition across diverse industries and educational settings.

Digital Badges Market Outlook

COVID-19 Impact on the Global Digital Badges Market

The COVID-19 pandemic positively influenced the digital badge market by accelerating the growth of e-learning, online certifications, and digital learning platforms. It also heightened the demand for skill verification and validation, driven by emerging industry needs and evolving skill requirements. The pandemic prompted a global transition to virtual distance learning and training, significantly boosting the demand for digital badges. Educational institutions, corporate training programs, and certification bodies increasingly turned to digital platforms to maintain operations during shutdowns.
Platforms like Coursera, Udemy, and LinkedIn Learning experienced a surge in users as students and professionals sought to enhance their skills during lockdowns. These platforms extensively utilize digital badges to certify course completions and skill acquisitions.

Artificial Intelligence (AI) Impact on the Global Digital Badges Market.

Artificial intelligence (AI) is also impacting the digital badge ecosystem by enabling personalized learning paths and adaptive assessments. AI-driven platforms recommend badges based on an individual performance, learning style, or career aspirations, providing an advanced learning experience. Machine learning algorithms assess badge recipients’ skills and achievements, offering employers deep insights into their capabilities. For instance, in November 2023, O'Reilly launched its digital badging program. O'Reilly, a major platform for technology and business training, introduced a new initiative that leverages the Open Badges 2.0 standard. This program offers learners verifiable and shareable badges that validate the technological skills they acquire through expert-led learning.

Macro-economic Factors

The expansion of the global digital badge market is significantly influenced by economic growth. Heightened focus on skill development and lifelong learning accompanies expanding economies, resulting in the increased adoption of digital badges as reliable methods for recognizing competencies. The need for upskilling and reskilling becomes essential as economies grow and evolve, especially in technology-driven sectors. Companies and educational institutions turn to digital badges as a cost-effective solution to certify specific competencies, enabling individuals to stay competitive in a rapidly changing market. Additionally, the increasing emphasis on lifelong learning in economically advanced regions fuels the adoption of digital badges, as they offer a flexible and scalable way to validate both formal and informal learning achievements.

Market Dynamics

Major Driver- Rising Adoption of Online Learning and E-Learning Platforms

The growth of e-learning platforms, including Massive Open Online Courses (MOOCs), has been significant. Platforms such as Coursera, edX, and others use digital badges to validate course completion and skill acquisition. Institutions and training providers are using digital badges to incentivize and recognize learners' achievements with the rise of online learning, thereby increasing learner engagement and retention. For instance, Students who complete courses or certifications on Coursera or edX receive digital badges.

Key market players are pursuing different strategies, such as collaboration and new launches. For example, in February 2023, the Professional Evaluation and Certification Board (PECB) debuted its digital badges in collaboration with Credly. Individuals who complete the certification/certificate program requirements and pass the PECB exam are issued a PECB digital credential.

Existing Restraint- Lack of a Strong IT Infrastructure in the Developing & Under Developed Economies

Developing and underdeveloped economies frequently face significant challenges in establishing and maintaining robust IT infrastructure. These challenges are expected to impede economic growth, restrict access to information & services, and exacerbate social inequalities. Employers, educators, and potential earners in developing countries are frequently unaware of and unfamiliar with digital badges. Developing economies frequently have limited financial resources for investing in IT infrastructure. This results in outdated equipment, insufficient bandwidth, and a shortage of skilled personnel.

Emerging Opportunity- Advancements in Technology

Blockchain technology provides a secure and transparent way to record and verify digital badges, increasing their credibility and trustworthiness. For example, organizations implement blockchain technology to create tamper-proof digital badges, ensuring that achievements are verifiable and secure, attracting an increasing number of users and employers. Creating and distributing digital badges is simple as digital tools and platforms are readily available. This has enabled organizations of all sizes to create and distribute digital badges. Advances in blockchain technology have enabled the creation of secure and tamper-proof digital badges.

Blockchain technology allows the creation of a secure, decentralized database suitable for storing digital badges. This increases the reliability and value of digital badges by preventing tampering or duplication.

Scope of the Report   

The report on the global Digital badges market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Digital Badges Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2023

Historic Data

2017–2022

Forecast Period

2024–2032

Segmentation

By Badge Type (Professional Certification Badges, Academic Achievement Badges, Skill-Based Badges, Compliance and Training Badges, Event Participation Badges, & Micro-Credentials), by End-User Industry (Education And Academia, Corporate & Enterprise, Government, Nonprofits & NGOs, & Healthcare) by Deployment Type (On-Premise, Cloud-Based Solutions, and Hybrid Solutions), By Platform (Web-Based Platforms, Mobile Applications, and Blockchain-Based Badge Platforms), By Application (Education, Corporate Learning & Development, Online Learning Platforms, Workforce Credentialing, and Skill-Based Training Program), Issuer Type (Educational Institutions, Corporates, Nonprofits, and Government Entities).

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

Accredible; BadgeCert; Badgecraft; Basno; City&Guilds; IBM; Instructure, Inc.; Litmos US, L.P.; Microsoft Corporation; MY OPEN BADGE (Reiss Romoli s.r.l.); NOCTI; Open Badge Factory Ltd; Pearson (Credly); Skillsoft Corporation.

 

Segmental Outlook

Based on Badge type, the global digital badge market is segmented into professional certification badges, academic achievement badges, skill-based badges, compliance and training badges, event participation badges, & micro-credentials. The professional certification badges segment held a 30.4% share of the market in 2023 and is expected to expand at a CAGR of 19.3% during the forecast due to increasing demand for verifiable proof of skills, as employers seek to validate candidates competencies.

Digital Badges Market Badge Type

Based on end-user industry, the market is segregated into education and academia, corporate & enterprise, government, nonprofits & NGOs, & healthcare. The education and academia segment held a 44.3% share of the market in 2023 and is expected to expand at a CAGR of 19.3% during the forecast period, increasing the adoption of digital badges in educational institutions to recognize student achievements and competencies.

Digital Badges Market End User

Based on deployment type, the market is classified as on-premise, cloud-based solutions, and hybrid solutions. The cloud-based solutions segment held a 62.6% share of the market in 2023 and is expected to expand at a CAGR of 19.4% during the forecast period, due to increasing demand for scalable and flexible badge management systems that easily integrate with existing learning management systems (LMS) and other educational platforms.

Digital Badges Market Deployment Type

Based on platform market is segmented into web-based platforms, mobile applications, and blockchain-based badge platforms. The web-based platforms segment held a 62.5% share of the market in 2023 and is expected to expand at a CAGR of 19.1% during the forecast period due to the increasing reliance on online learning and digital credentialing.

Digital Badges Market Platform

Based on application market is fragmented into education, corporate learning & development, online learning platforms, workforce credentialing, and skill-based training programs. The education segment held a 41.1% share of the market in 2023 and is expected to expand at a CAGR of 18.8% during the forecast period, due to increasing adoption of competency-based education models, digital credentialing in K-12 & higher education, and the rising demand for personalized learning experiences.

Digital Badges Market Application

Based on of Issuer type the market is segmented into educational institutions, corporates, nonprofits, and government entities. The educational institutions segment held a 45.8% share of the market in 2023 and is expected to expand at a CAGR of 19.2% during the forecast period, due to the rise of e-learning platforms and technological advancements facilitating badge issuance and management.

Digital Badges Market Issuer Type

Regional Outlook

On the basis of region, the global Digital badge market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).
The market in North America held 40.7% market share in 2023 and is projected to expand at a CAGR of 19.3% during the forecast period. In North America, the digital badges market is experiencing a surge driven by the rising emphasis on skills-based hiring and lifelong learning. Major universities and online platforms are adopting digital badges to signify course completion and skill acquisition. For instance, the University of Illinois has integrated digital badges into its curriculum to recognize specific competencies in students. This move enhances the employability of graduates and also aligns educational institutions with industry needs. Furthermore, companies are increasingly using badges as part of their employee training programs, encouraging staff to acquire new skills.

The market in Europe held 26.2% market share in 2023 and the market in the region is expected to expand at a CAGR of 18.9% during the forecast period. The digital badge market is gaining momentum as part of the broad educational reform agenda in the region. Countries such as Finland and the Netherlands are leading the way by embedding badges into vocational training programs. For instance, the Finnish National Agency for Education has initiated a project to create a standardized framework for digital credentials, enhancing transparency in skill recognition across borders.

Digital Badges Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Digital Badges Market

  • Historical, Current, and Projected Market Size in terms of Value

  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered

  • Industry Drivers, Restraints, and Opportunities Covered in the Study

  • Recent Industry Trends and Developments

  • Competitive Landscape & Strategies of Key Players

  • Neutral Perspective on Global Digital badges Market performance

Segments

By Badge Type

  • Professional Certification Badges
  • Academic Achievement Badges
  • Skill-Based Badges
  • Compliance And Training Badges
  • Event Participation Badges
  • Micro-Credentials

By End-User Industry

  • Education And Academia
  • Corporate & Enterprise
  • Government
  • Nonprofits & NGOs
  • Healthcare

By Deployment Type

  • On-Premise
  • Cloud-Based Solutions
  • Hybrid Solutions

By Platform

  • Web-Based Platforms
  • Mobile Applications
  • Blockchain-Based Badge Platforms

By Application

  • Education
  • Corporate Learning & Development
  • Online Learning Platforms
  • Workforce Credentialing
  • Skill-Based Training Program

By Issuer Type

  • Educational Institutions
  • Corporates
  • Nonprofits
  • Government Entities

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Market Players Profiled in the Report

  • Accredible
  • BadgeCert
  • Badgecraft
  • Basno
  • City&Guilds
  • IBM
  • Instructure, Inc
  • Litmos US, L.P.
  • Microsoft Corporation
  • MY OPEN BADGE (Reiss Romoli s.r.l.)
  • NOCTI
  • Open Badge Factory Ltd
  • Pearson (Credly)
  • Skillsoft Corporation

Competitive Landscape

  • Players in the global digital badges market include Accredible, BadgeCert, Badgecraft, Basno, City&Guilds, IBM, Instructure, Inc., Litmos US, L.P., Microsoft Corporation, MY OPEN BADGE (Reiss Romoli s.r.l.), NOCTI, Open Badge Factory Ltd, Pearson (Credly), Skillsoft Corporation, and others.

  • Market players are pursuing key strategies such as acquisitions, collaborations, and geographic expansion where a potential opportunity arises for the Digital badges market.

  • In November 2023, Instructure Inc. announced the acquisition of Parchment. Parchment, a digital credential service, enables learners, academic institutions, and businesses to seek, verify, and share credentials. This acquisition comes after Parchment acquired Digitary, a digital credential provider in July 2021 as part of its global expansion strategy. The integration of Parchment is projected to significantly increase the Instructure's customer base while also providing learners with a full digital passport of their achievement records.

    Digital Badges Market Key Players

Frequently Asked Questions

The base year considered for the global Digital badges market report is 2023. The complete analysis period is 2022 to 2032, wherein, 2017, and 2022 are the historic years, and the forecast is provided from 2024 to 2032.

In addition to market size (in USD Million) company market share (in % for the base year 2023) is available in the report. Moreover, additional data analysis can be provided on request.

The COVID-19 pandemic had a positive impact on the digital badges market, due to the growth of e-learning & online certifications, the rise in the adoption of digital learning platforms, increased demand for verification & validation, and emerging industries and skill demand. COVID-19 has created a need for verifiable skills and qualifications. The need for reliable, digitally verifiable credentials grew as remote work and learning increased. Digital badges have become a suitable solution for organizations looking to certify online learning achievements.

Accredible, BadgeCert, Badgecraft, Basno, City&Guilds, IBM, Instructure, Inc., Litmos US, L.P., Microsoft Corporation.

Economic Growth, Growth of Online Learning, Technological Advancement, Government Policies, and Education Reforms, are expected to act as macroeconomic factors for the market.

Education and academia, corporate & enterprise, government, nonprofits & NGOs, and healthcare

According to this Growth Market Reports report, the Digital badges market is likely to register a CAGR of 19.2% during the forecast period 2023-2032, with an anticipated valuation of USD 373.9 million by the end of 2032.

Rising Adoption of Online Learning and E-Learning Platforms, Increasing Demand for Skills-based Learning and Micro-credentials, and Increasing Adoption of Digital Badges by Various Verticals, are the factors driving the growth of the Digital badges market.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

Additional company profiles can be provided on request.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Badges Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Digital Badges Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Digital Badges Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Digital Badges Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Digital Badges Market Size & Forecast, 2023-2032
      4.5.1 Digital Badges Market Size and Y-o-Y Growth
      4.5.2 Digital Badges Market Absolute $ Opportunity

Chapter 5 Global Digital Badges Market Analysis and Forecast By Badge Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Badge Type
      5.1.2 Basis Point Share (BPS) Analysis By Badge Type
      5.1.3 Absolute $ Opportunity Assessment By Badge Type
   5.2 Digital Badges Market Size Forecast By Badge Type
      5.2.1 Professional Certification Badges
      5.2.2 Academic Achievement Badges
      5.2.3 Skill-Based Badges
      5.2.4 Compliance and Training Badges
      5.2.5 Event Participation Badges
      5.2.6 & Micro-Credentials
   5.3 Market Attractiveness Analysis By Badge Type

Chapter 6 Global Digital Badges Market Analysis and Forecast By End-User Industry
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By End-User Industry
      6.1.2 Basis Point Share (BPS) Analysis By End-User Industry
      6.1.3 Absolute $ Opportunity Assessment By End-User Industry
   6.2 Digital Badges Market Size Forecast By End-User Industry
      6.2.1 Education And Academia
      6.2.2 Corporate & Enterprise
      6.2.3 Government
      6.2.4 Nonprofits & NGOs
      6.2.5 & Healthcare
   6.3 Market Attractiveness Analysis By End-User Industry

Chapter 7 Global Digital Badges Market Analysis and Forecast By Deployment Type
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Deployment Type
      7.1.2 Basis Point Share (BPS) Analysis By Deployment Type
      7.1.3 Absolute $ Opportunity Assessment By Deployment Type
   7.2 Digital Badges Market Size Forecast By Deployment Type
      7.2.1 On-Premise
      7.2.2 Cloud-Based Solutions
      7.2.3 Hybrid Solutions
   7.3 Market Attractiveness Analysis By Deployment Type

Chapter 8 Global Digital Badges Market Analysis and Forecast By Platform
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities By Platform
      8.1.2 Basis Point Share (BPS) Analysis By Platform
      8.1.3 Absolute $ Opportunity Assessment By Platform
   8.2 Digital Badges Market Size Forecast By Platform
      8.2.1 Web-Based Platforms
      8.2.2 Mobile Applications
      8.2.3 Blockchain-Based Badge Platforms
   8.3 Market Attractiveness Analysis By Platform

Chapter 9 Global Digital Badges Market Analysis and Forecast By Application
   9.1 Introduction
      9.1.1 Key Market Trends & Growth Opportunities By Application
      9.1.2 Basis Point Share (BPS) Analysis By Application
      9.1.3 Absolute $ Opportunity Assessment By Application
   9.2 Digital Badges Market Size Forecast By Application
      9.2.1 Education
      9.2.2 Corporate Learning & Development
      9.2.3 Online Learning Platforms
      9.2.4 Workforce Credentialing
      9.2.5 Skill-Based Training Program
   9.3 Market Attractiveness Analysis By Application

Chapter 10 Global Digital Badges Market Analysis and Forecast By Issuer Type
   10.1 Introduction
      10.1.1 Key Market Trends & Growth Opportunities By Issuer Type
      10.1.2 Basis Point Share (BPS) Analysis By Issuer Type
      10.1.3 Absolute $ Opportunity Assessment By Issuer Type
   10.2 Digital Badges Market Size Forecast By Issuer Type
      10.2.1 Educational Institutions
      10.2.2 Corporates
      10.2.3 Nonprofits
      10.2.4 Government Entities
   10.3 Market Attractiveness Analysis By Issuer Type

Chapter 11 Global Digital Badges Market Analysis and Forecast by Region
   11.1 Introduction
      11.1.1 Key Market Trends & Growth Opportunities By Region
      11.1.2 Basis Point Share (BPS) Analysis By Region
      11.1.3 Absolute $ Opportunity Assessment By Region
   11.2 Digital Badges Market Size Forecast By Region
      11.2.1 North America
      11.2.2 Europe
      11.2.3 Asia Pacific
      11.2.4 Latin America
      11.2.5 Middle East & Africa (MEA)
   11.3 Market Attractiveness Analysis By Region

Chapter 12 Coronavirus Disease (COVID-19) Impact 
   12.1 Introduction 
   12.2 Current & Future Impact Analysis 
   12.3 Economic Impact Analysis 
   12.4 Government Policies 
   12.5 Investment Scenario

Chapter 13 North America Digital Badges Analysis and Forecast
   13.1 Introduction
   13.2 North America Digital Badges Market Size Forecast by Country
      13.2.1 U.S.
      13.2.2 Canada
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 North America Digital Badges Market Size Forecast By Badge Type
      13.6.1 Professional Certification Badges
      13.6.2 Academic Achievement Badges
      13.6.3 Skill-Based Badges
      13.6.4 Compliance and Training Badges
      13.6.5 Event Participation Badges
      13.6.6 & Micro-Credentials
   13.7 Basis Point Share (BPS) Analysis By Badge Type 
   13.8 Absolute $ Opportunity Assessment By Badge Type 
   13.9 Market Attractiveness Analysis By Badge Type
   13.10 North America Digital Badges Market Size Forecast By End-User Industry
      13.10.1 Education And Academia
      13.10.2 Corporate & Enterprise
      13.10.3 Government
      13.10.4 Nonprofits & NGOs
      13.10.5 & Healthcare
   13.11 Basis Point Share (BPS) Analysis By End-User Industry 
   13.12 Absolute $ Opportunity Assessment By End-User Industry 
   13.13 Market Attractiveness Analysis By End-User Industry
   13.14 North America Digital Badges Market Size Forecast By Deployment Type
      13.14.1 On-Premise
      13.14.2 Cloud-Based Solutions
      13.14.3 Hybrid Solutions
   13.15 Basis Point Share (BPS) Analysis By Deployment Type 
   13.16 Absolute $ Opportunity Assessment By Deployment Type 
   13.17 Market Attractiveness Analysis By Deployment Type
   13.18 North America Digital Badges Market Size Forecast By Platform
      13.18.1 Web-Based Platforms
      13.18.2 Mobile Applications
      13.18.3 Blockchain-Based Badge Platforms
   13.19 Basis Point Share (BPS) Analysis By Platform 
   13.20 Absolute $ Opportunity Assessment By Platform 
   13.21 Market Attractiveness Analysis By Platform
   13.22 North America Digital Badges Market Size Forecast By Application
      13.22.1 Education
      13.22.2 Corporate Learning & Development
      13.22.3 Online Learning Platforms
      13.22.4 Workforce Credentialing
      13.22.5 Skill-Based Training Program
   13.23 Basis Point Share (BPS) Analysis By Application 
   13.24 Absolute $ Opportunity Assessment By Application 
   13.25 Market Attractiveness Analysis By Application
   13.26 North America Digital Badges Market Size Forecast By Issuer Type
      13.26.1 Educational Institutions
      13.26.2 Corporates
      13.26.3 Nonprofits
      13.26.4 Government Entities
   13.27 Basis Point Share (BPS) Analysis By Issuer Type 
   13.28 Absolute $ Opportunity Assessment By Issuer Type 
   13.29 Market Attractiveness Analysis By Issuer Type

Chapter 14 Europe Digital Badges Analysis and Forecast
   14.1 Introduction
   14.2 Europe Digital Badges Market Size Forecast by Country
      14.2.1 Germany
      14.2.2 France
      14.2.3 Italy
      14.2.4 U.K.
      14.2.5 Spain
      14.2.6 Russia
      14.2.7 Rest of Europe
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Europe Digital Badges Market Size Forecast By Badge Type
      14.6.1 Professional Certification Badges
      14.6.2 Academic Achievement Badges
      14.6.3 Skill-Based Badges
      14.6.4 Compliance and Training Badges
      14.6.5 Event Participation Badges
      14.6.6 & Micro-Credentials
   14.7 Basis Point Share (BPS) Analysis By Badge Type 
   14.8 Absolute $ Opportunity Assessment By Badge Type 
   14.9 Market Attractiveness Analysis By Badge Type
   14.10 Europe Digital Badges Market Size Forecast By End-User Industry
      14.10.1 Education And Academia
      14.10.2 Corporate & Enterprise
      14.10.3 Government
      14.10.4 Nonprofits & NGOs
      14.10.5 & Healthcare
   14.11 Basis Point Share (BPS) Analysis By End-User Industry 
   14.12 Absolute $ Opportunity Assessment By End-User Industry 
   14.13 Market Attractiveness Analysis By End-User Industry
   14.14 Europe Digital Badges Market Size Forecast By Deployment Type
      14.14.1 On-Premise
      14.14.2 Cloud-Based Solutions
      14.14.3 Hybrid Solutions
   14.15 Basis Point Share (BPS) Analysis By Deployment Type 
   14.16 Absolute $ Opportunity Assessment By Deployment Type 
   14.17 Market Attractiveness Analysis By Deployment Type
   14.18 Europe Digital Badges Market Size Forecast By Platform
      14.18.1 Web-Based Platforms
      14.18.2 Mobile Applications
      14.18.3 Blockchain-Based Badge Platforms
   14.19 Basis Point Share (BPS) Analysis By Platform 
   14.20 Absolute $ Opportunity Assessment By Platform 
   14.21 Market Attractiveness Analysis By Platform
   14.22 Europe Digital Badges Market Size Forecast By Application
      14.22.1 Education
      14.22.2 Corporate Learning & Development
      14.22.3 Online Learning Platforms
      14.22.4 Workforce Credentialing
      14.22.5 Skill-Based Training Program
   14.23 Basis Point Share (BPS) Analysis By Application 
   14.24 Absolute $ Opportunity Assessment By Application 
   14.25 Market Attractiveness Analysis By Application
   14.26 Europe Digital Badges Market Size Forecast By Issuer Type
      14.26.1 Educational Institutions
      14.26.2 Corporates
      14.26.3 Nonprofits
      14.26.4 Government Entities
   14.27 Basis Point Share (BPS) Analysis By Issuer Type 
   14.28 Absolute $ Opportunity Assessment By Issuer Type 
   14.29 Market Attractiveness Analysis By Issuer Type

Chapter 15 Asia Pacific Digital Badges Analysis and Forecast
   15.1 Introduction
   15.2 Asia Pacific Digital Badges Market Size Forecast by Country
      15.2.1 China
      15.2.2 Japan
      15.2.3 South Korea
      15.2.4 India
      15.2.5 Australia
      15.2.6 South East Asia (SEA)
      15.2.7 Rest of Asia Pacific (APAC)
   15.3 Basis Point Share (BPS) Analysis by Country
   15.4 Absolute $ Opportunity Assessment by Country
   15.5 Market Attractiveness Analysis by Country
   15.6 Asia Pacific Digital Badges Market Size Forecast By Badge Type
      15.6.1 Professional Certification Badges
      15.6.2 Academic Achievement Badges
      15.6.3 Skill-Based Badges
      15.6.4 Compliance and Training Badges
      15.6.5 Event Participation Badges
      15.6.6 & Micro-Credentials
   15.7 Basis Point Share (BPS) Analysis By Badge Type 
   15.8 Absolute $ Opportunity Assessment By Badge Type 
   15.9 Market Attractiveness Analysis By Badge Type
   15.10 Asia Pacific Digital Badges Market Size Forecast By End-User Industry
      15.10.1 Education And Academia
      15.10.2 Corporate & Enterprise
      15.10.3 Government
      15.10.4 Nonprofits & NGOs
      15.10.5 & Healthcare
   15.11 Basis Point Share (BPS) Analysis By End-User Industry 
   15.12 Absolute $ Opportunity Assessment By End-User Industry 
   15.13 Market Attractiveness Analysis By End-User Industry
   15.14 Asia Pacific Digital Badges Market Size Forecast By Deployment Type
      15.14.1 On-Premise
      15.14.2 Cloud-Based Solutions
      15.14.3 Hybrid Solutions
   15.15 Basis Point Share (BPS) Analysis By Deployment Type 
   15.16 Absolute $ Opportunity Assessment By Deployment Type 
   15.17 Market Attractiveness Analysis By Deployment Type
   15.18 Asia Pacific Digital Badges Market Size Forecast By Platform
      15.18.1 Web-Based Platforms
      15.18.2 Mobile Applications
      15.18.3 Blockchain-Based Badge Platforms
   15.19 Basis Point Share (BPS) Analysis By Platform 
   15.20 Absolute $ Opportunity Assessment By Platform 
   15.21 Market Attractiveness Analysis By Platform
   15.22 Asia Pacific Digital Badges Market Size Forecast By Application
      15.22.1 Education
      15.22.2 Corporate Learning & Development
      15.22.3 Online Learning Platforms
      15.22.4 Workforce Credentialing
      15.22.5 Skill-Based Training Program
   15.23 Basis Point Share (BPS) Analysis By Application 
   15.24 Absolute $ Opportunity Assessment By Application 
   15.25 Market Attractiveness Analysis By Application
   15.26 Asia Pacific Digital Badges Market Size Forecast By Issuer Type
      15.26.1 Educational Institutions
      15.26.2 Corporates
      15.26.3 Nonprofits
      15.26.4 Government Entities
   15.27 Basis Point Share (BPS) Analysis By Issuer Type 
   15.28 Absolute $ Opportunity Assessment By Issuer Type 
   15.29 Market Attractiveness Analysis By Issuer Type

Chapter 16 Latin America Digital Badges Analysis and Forecast
   16.1 Introduction
   16.2 Latin America Digital Badges Market Size Forecast by Country
      16.2.1 Brazil
      16.2.2 Mexico
      16.2.3 Rest of Latin America (LATAM)
   16.3 Basis Point Share (BPS) Analysis by Country
   16.4 Absolute $ Opportunity Assessment by Country
   16.5 Market Attractiveness Analysis by Country
   16.6 Latin America Digital Badges Market Size Forecast By Badge Type
      16.6.1 Professional Certification Badges
      16.6.2 Academic Achievement Badges
      16.6.3 Skill-Based Badges
      16.6.4 Compliance and Training Badges
      16.6.5 Event Participation Badges
      16.6.6 & Micro-Credentials
   16.7 Basis Point Share (BPS) Analysis By Badge Type 
   16.8 Absolute $ Opportunity Assessment By Badge Type 
   16.9 Market Attractiveness Analysis By Badge Type
   16.10 Latin America Digital Badges Market Size Forecast By End-User Industry
      16.10.1 Education And Academia
      16.10.2 Corporate & Enterprise
      16.10.3 Government
      16.10.4 Nonprofits & NGOs
      16.10.5 & Healthcare
   16.11 Basis Point Share (BPS) Analysis By End-User Industry 
   16.12 Absolute $ Opportunity Assessment By End-User Industry 
   16.13 Market Attractiveness Analysis By End-User Industry
   16.14 Latin America Digital Badges Market Size Forecast By Deployment Type
      16.14.1 On-Premise
      16.14.2 Cloud-Based Solutions
      16.14.3 Hybrid Solutions
   16.15 Basis Point Share (BPS) Analysis By Deployment Type 
   16.16 Absolute $ Opportunity Assessment By Deployment Type 
   16.17 Market Attractiveness Analysis By Deployment Type
   16.18 Latin America Digital Badges Market Size Forecast By Platform
      16.18.1 Web-Based Platforms
      16.18.2 Mobile Applications
      16.18.3 Blockchain-Based Badge Platforms
   16.19 Basis Point Share (BPS) Analysis By Platform 
   16.20 Absolute $ Opportunity Assessment By Platform 
   16.21 Market Attractiveness Analysis By Platform
   16.22 Latin America Digital Badges Market Size Forecast By Application
      16.22.1 Education
      16.22.2 Corporate Learning & Development
      16.22.3 Online Learning Platforms
      16.22.4 Workforce Credentialing
      16.22.5 Skill-Based Training Program
   16.23 Basis Point Share (BPS) Analysis By Application 
   16.24 Absolute $ Opportunity Assessment By Application 
   16.25 Market Attractiveness Analysis By Application
   16.26 Latin America Digital Badges Market Size Forecast By Issuer Type
      16.26.1 Educational Institutions
      16.26.2 Corporates
      16.26.3 Nonprofits
      16.26.4 Government Entities
   16.27 Basis Point Share (BPS) Analysis By Issuer Type 
   16.28 Absolute $ Opportunity Assessment By Issuer Type 
   16.29 Market Attractiveness Analysis By Issuer Type

Chapter 17 Middle East & Africa (MEA) Digital Badges Analysis and Forecast
   17.1 Introduction
   17.2 Middle East & Africa (MEA) Digital Badges Market Size Forecast by Country
      17.2.1 Saudi Arabia
      17.2.2 South Africa
      17.2.3 UAE
      17.2.4 Rest of Middle East & Africa (MEA)
   17.3 Basis Point Share (BPS) Analysis by Country
   17.4 Absolute $ Opportunity Assessment by Country
   17.5 Market Attractiveness Analysis by Country
   17.6 Middle East & Africa (MEA) Digital Badges Market Size Forecast By Badge Type
      17.6.1 Professional Certification Badges
      17.6.2 Academic Achievement Badges
      17.6.3 Skill-Based Badges
      17.6.4 Compliance and Training Badges
      17.6.5 Event Participation Badges
      17.6.6 & Micro-Credentials
   17.7 Basis Point Share (BPS) Analysis By Badge Type 
   17.8 Absolute $ Opportunity Assessment By Badge Type 
   17.9 Market Attractiveness Analysis By Badge Type
   17.10 Middle East & Africa (MEA) Digital Badges Market Size Forecast By End-User Industry
      17.10.1 Education And Academia
      17.10.2 Corporate & Enterprise
      17.10.3 Government
      17.10.4 Nonprofits & NGOs
      17.10.5 & Healthcare
   17.11 Basis Point Share (BPS) Analysis By End-User Industry 
   17.12 Absolute $ Opportunity Assessment By End-User Industry 
   17.13 Market Attractiveness Analysis By End-User Industry
   17.14 Middle East & Africa (MEA) Digital Badges Market Size Forecast By Deployment Type
      17.14.1 On-Premise
      17.14.2 Cloud-Based Solutions
      17.14.3 Hybrid Solutions
   17.15 Basis Point Share (BPS) Analysis By Deployment Type 
   17.16 Absolute $ Opportunity Assessment By Deployment Type 
   17.17 Market Attractiveness Analysis By Deployment Type
   17.18 Middle East & Africa (MEA) Digital Badges Market Size Forecast By Platform
      17.18.1 Web-Based Platforms
      17.18.2 Mobile Applications
      17.18.3 Blockchain-Based Badge Platforms
   17.19 Basis Point Share (BPS) Analysis By Platform 
   17.20 Absolute $ Opportunity Assessment By Platform 
   17.21 Market Attractiveness Analysis By Platform
   17.22 Middle East & Africa (MEA) Digital Badges Market Size Forecast By Application
      17.22.1 Education
      17.22.2 Corporate Learning & Development
      17.22.3 Online Learning Platforms
      17.22.4 Workforce Credentialing
      17.22.5 Skill-Based Training Program
   17.23 Basis Point Share (BPS) Analysis By Application 
   17.24 Absolute $ Opportunity Assessment By Application 
   17.25 Market Attractiveness Analysis By Application
   17.26 Middle East & Africa (MEA) Digital Badges Market Size Forecast By Issuer Type
      17.26.1 Educational Institutions
      17.26.2 Corporates
      17.26.3 Nonprofits
      17.26.4 Government Entities
   17.27 Basis Point Share (BPS) Analysis By Issuer Type 
   17.28 Absolute $ Opportunity Assessment By Issuer Type 
   17.29 Market Attractiveness Analysis By Issuer Type

Chapter 18 Competition Landscape 
   18.1 Digital Badges Market: Competitive Dashboard
   18.2 Global Digital Badges Market: Market Share Analysis, 2023
   18.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      18.3.1 Accredible
      18.3.2 BadgeCert
      18.3.3 Badgecraft
      18.3.4 Basno
      18.3.5 City&Guilds
      18.3.6 IBM
      18.3.7 Instructure, Inc
      18.3.8 Litmos US, L.P.
      18.3.9 Microsoft Corporation
      18.3.10 MY OPEN BADGE (Reiss Romoli s.r.l.)
      18.3.11 NOCTI
      18.3.12 Open Badge Factory Ltd
      18.3.13 Pearson (Credly)
      18.3.14 Skillsoft Corporation

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