Global Digital Badges Market | Smart Badge Industry Research Reports 2020-2025
What is Digital Badges – A Digital Badge indicates the accomplishments or skills for its holder and these accomplishments and skills can be displayed, accessed, and planet online. Such badges can be earned in various environments, including online platforms where the number is increasing. Digital badges are just a subset of digital credentials that serve both as an acknowledgement of learning or achievement and digital proof for that accomplishment. Sometimes they’re awarded for higher stakes accomplishments, such as after passing a difficult exam. Other times they’re given out for low stakes accomplishments like e.g. going through an HR training program. In short, Digital Badges gives information on who earned the badge, how it was earned, when was it earned, who is the issuer of it, what the badge represents, and whenever likely it also provides the evidence examples of the work that went into earning that badge.
Global Digital Badges Market valued approximately USD xx billion in 2016 is anticipated to grow with a healthy growth rate of more than 29.3% over the forecast period 2017-2025. Increased emphasis on gamification, the concept of experimental learning through the elements of games and gamification is gaining traction in the market. This led to an increase in the incorporation of elements of gamification in the curriculum of many educational institutions, especially the ones catering to the K-12 sector. Certain games mechanics such as points, badges, and other virtual reward systems are involved in the gamification of classes and content. The advent of e-learning and online learning is another factor that has kickstarted the concept of gamification. Such technologies enable parents and students to compare the learning processes with peers and conduct self-assessment of their performance in the classroom
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
Global Digital Badges Market By Type:
- Virtual Badges
- Real Badges
Global Digital Badges Market By Application:
- Military
- Entertainment Game
- Education
- Other
Global Digital Badges Market By Regions:
- Asia-Pacific China, Southeast Asia, India, Japan, Korea, Oceanias
- Europe Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland
- North America United States, Canada, Mexico
- Middle East & Africa GCC, North Africa, South Africa
- South America Brazil, Argentina, Columbia, Chile, Peru
Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are Youtopia, Badge craft, Pearson Education, Make waves, Basno. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Digital Badges Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors
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Geographic Analysis
- Further breakdown of the North American data-wrangling Market
- Further breakdown of the European Market
- Further breakdown of the APAC Market
- Further breakdown of the MEA Market
- Further breakdown of the Latin American Market
Please note that owing to the criticality of the Digital Badges Market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days post-confirmation in order to cater to the most recent updates.
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