Friday, May 20th, 2016 - WiseGuyReports

About the Digital Badges in Education Market 

A digital badge is an indicator of skills and accomplishment earned in a learning environment. Digital badges are also known as open badges, micro-credentials, and educational badges. These badges display interactive images that are posted on web pages and linked to data such as issuer information, criteria, curriculum, rubric, evidence, expiration date, learning pathway, and time of issue. In the education sector, digital badges are primarily used as motivational tools or as evidence of proficiency. Badging systems in education will allow students to gain valid certification of education from associations or organizations other than educational institutions. 
Digital badges hard-code the metadata for future access. Since the system is based on an open standard, learners can combine multiple badges earned from different issuers. The technology is necessary to support student learning. This has shifted from traditional pedagogy to various online and offline sources of learning. Students now learn through a variety of knowledge streams, including media, community efforts, group projects, and interest-based learning. 

Technavio’s analysts forecast the Global Digital Badges in Education Market to grow at a CAGR of 29.41% during the period 2016-2020. 

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Covered in this report 
The report covers the present scenario and the growth prospects of the Global Digital Badges in Education Market for 2016-2020. To calculate market size, the report considers the revenue generated by issuing platforms, which enable easy creation and issuing of digital badges for the higher education and K-12 sectors. 

The market is divided into the following segments based on geography: 
• Europe 
• North America 
• ROW 

Technavio's report Global Digital Badges in Education Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

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Key vendors 
• Credly 
• Open Badge Factory 
• Pearson Education 
• Youtopia 

Other prominent vendors 
• BadgeCraft 
• Forallsystems 
• Knowledgestreem 
• Makewaves 

Market driver 
• Incorporation of gamification in education sector 
• For a full, detailed list, view our report 

Market challenge 
• Lack of tools to review badges 
• For a full, detailed list, view our report 

Market trend 
• Increased spending on educational technology by educational institutions 
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be? 
• What are the key market trends? 
• What is driving this market? 
• What are the challenges to market growth? 
• Who are the key vendors in this market space? 
• What are the market opportunities and threats faced by the key vendors? 
• What are the strengths and weaknesses of the key vendors? 

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Table of content

PART 01: Executive summary 
• Highlights 
PART 02: Scope of the report 
• Market overview 
• Top-vendor offerings 
PART 03: Market research methodology 
• Research methodology 
• Economic indicators 
PART 04: Introduction 
• Key market highlights 
PART 05: Market landscape 
• Market overview 
• Global digital badges market 
• Global digital badges in education market 
• Five forces analysis 
PART 06: Market segmentation by end-user 
• Higher education 
• K-12 
PART 07: Geographical segmentation 
• Global digital badges in education market 2015-2020 
• Digital badges in education market in North America 
• Digital badges in education market in Europe 
• Digital badges in education market in APAC 
• Digital badges in education market in ROW 
PART 08: Market drivers 
• Incorporation of gamification in education sector 
• Labor market scenario 
• Need for skill recognition and online credentials 
• Government support 
• Increasing student awareness about employer needs 
PART 09: Impact of drivers 
PART 10: Market challenges 

• Perceived value of digital badges 
• Implementation issues 
• Lack of tools to review badges 
• Badge creation and management tools in LMSs 
• Rise in in-house badging systems 
• Differing regional requirements 
• Investment and competitions to develop digital badges 
PART 11: Impact of drivers and challenges 
PART 12: Market trends 

• Participation by leading education players in market 
• Increased spending on educational technology by educational institutions 
• Emergence of online portfolio sites 
• Impetus to out-of-school learning 
• Educators as micro-credential analysts 
PART 13: Vendor landscape 
• Competitive scenario 
• Competitive benchmarking 
• Key vendor analysis 
• Credly 
• Open Badge Factory 
• Pearson Education 
• Youtopia 
PART 14: Other prominent vendors 
PART 15: Appendix 

• List of abbreviations 
PART 16: Explore Technavio 

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