Table of Content

1 INTRODUCTION (Page No. - 30)
    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 (Page No. - 35)
    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 (Page No. - 44)
    FIGURE 10 DIGITAL BADGES MARKET GROWTH TREND, 2023–2028 (USD MILLION) 
    FIGURE 11 MARKET, BY REGION, 2023 
4 PREMIUM INSIGHTS (Page No. - 47)
    4.1 BRIEF OVERVIEW OF MARKET 
           FIGURE 12 INCREASE IN ENROLMENT IN ONLINE COURSES TO DRIVE MARKET GROWTH DURING FORECAST PERIOD
    4.2 LEADING SEGMENTS IN DIGITAL BADGES MARKET 
           FIGURE 13 LEADING SEGMENTS IN MARKET IN 2023
    4.3 MARKET, BY OFFERING 
           FIGURE 14 DIGITAL BADGE PLATFORMS TO DOMINATE OVER SERVICES MARKET IN 2023
    4.4 MARKET, BY SERVICE 
           FIGURE 15 MANAGED SERVICES TO WITNESS HIGHER GROWTH THAN PROFESSIONAL SERVICES MARKET
    4.5 MARKET, BY END USER 
           FIGURE 16 ACADEMIC END USERS TO LEAD MARKET IN 2023 AND 2028
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 49)
    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 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 (Page No. - 67)
    6.1 INTRODUCTION 
           FIGURE 22 DIGITAL BADGE SERVICES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
           6.1.1 OFFERING: MARKET DRIVERS
                    TABLE 12 MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 13 MARKET, BY OFFERING, 2023–2028 (USD MILLION)
    6.2 PLATFORMS 
           6.2.1 SHOWCASING EXPERTISE WITH DIGITAL CREDENTIALS
                    TABLE 14 PLATFORMS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 15 PLATFORMS: 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: MARKET, BY REGION, 2023–2028 (USD MILLION)
           TABLE 18 SERVICES: MARKET, BY TYPE, 2017–2022 (USD MILLION)
           TABLE 19 SERVICES: 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: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 21 PROFESSIONAL SERVICES: 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: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 23 MANAGED SERVICES: MARKET, BY REGION, 2023–2028 (USD MILLION)
7 DIGITAL BADGES MARKET, BY END USER (Page No. - 75)
    7.1 INTRODUCTION 
           FIGURE 24 GOVERNMENT SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           7.1.1 END USER: MARKET DRIVERS
                    TABLE 24 MARKET, BY END USER, 2017–2022 (USD MILLION)
                    TABLE 25 MARKET, BY END USER, 2023–2028 (USD MILLION)
    7.2 ACADEMIC 
           7.2.1 NURTURING MOTIVATION AND PERSONALIZED LEARNING
                    TABLE 26 ACADEMIC: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 27 ACADEMIC: MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 28 ACADEMIC: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                    TABLE 29 ACADEMIC: 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: 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: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 33 HIGHER EDUCATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.3 CORPORATE 
           7.3.1 TANGIBLE REWARDS TO FOSTER EMPLOYEE ENGAGEMENT
                    TABLE 34 CORPORATE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 35 CORPORATE: MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 36 CORPORATE: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                    TABLE 37 CORPORATE: 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: 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: MARKET, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 41 LARGE ENTERPRISES: 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: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 43 GOVERNMENT: 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: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 45 NON-PROFIT ORGANIZATIONS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.6 OTHER END USERS 
           TABLE 46 OTHER END USERS: MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 47 OTHER END USERS: MARKET, BY REGION, 2023–2028 (USD MILLION)
8 DIGITAL BADGES MARKET, BY TYPE (Page No. - 88)
    8.1 INTRODUCTION 
           FIGURE 25 PARTICIPATION BADGE TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
           8.1.1 TYPE: MARKET DRIVERS
                    TABLE 48 MARKET, BY TYPE, 2017–2022 (USD MILLION)
                    TABLE 49 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: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 51 CERTIFICATION 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: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.4 PARTICIPATION BADGES 
           8.4.1 MOTIVATING PARTICIPATION AND EXPANDING NETWORKS
                    TABLE 54 PARTICIPATION BADGES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 55 PARTICIPATION BADGES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.5 ACHIEVEMENT BADGES 
           8.5.1 SHOWCASING ACCOMPLISHMENTS TO BUILD CREDIBILITY
                    TABLE 56 ACHIEVEMENT BADGES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 57 ACHIEVEMENT BADGES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.6 CONTRIBUTION BADGES 
           8.6.1 RECOGNIZING CONTRIBUTIONS THAT MADE DIFFERENCE
                    TABLE 58 CONTRIBUTION BADGES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 59 CONTRIBUTION BADGES: MARKET, BY REGION, 2023–2028 (USD MILLION)
9 DIGITAL BADGES MARKET, BY REGION (Page No. - 96)
    9.1 INTRODUCTION 
           TABLE 60 MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 61 MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.2 NORTH AMERICA 
           9.2.1 NORTH AMERICA: RECESSION IMPACT
           9.2.2 NORTH AMERICA: 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: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 64 NORTH AMERICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                    TABLE 65 NORTH AMERICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                    TABLE 66 NORTH AMERICA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                    TABLE 67 NORTH AMERICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                    TABLE 68 NORTH AMERICA: MARKET, BY END USER, 2017–2022 (USD MILLION)
                    TABLE 69 NORTH AMERICA: MARKET, BY END USER, 2023–2028 (USD MILLION)
                    TABLE 70 NORTH AMERICA: MARKET, BY ACADEMIC END USER, 2017–2022 (USD MILLION)
                    TABLE 71 NORTH AMERICA: MARKET, BY ACADEMIC END USER, 2023–2028 (USD MILLION)
                    TABLE 72 NORTH AMERICA: MARKET, BY CORPORATE END USER, 2017–2022 (USD MILLION)
                    TABLE 73 NORTH AMERICA: MARKET, BY CORPORATE END USER, 2023–2028 (USD MILLION)
                    TABLE 74 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                    TABLE 75 NORTH AMERICA: 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: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 78 US: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 79 US: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 80 US: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                               TABLE 81 US: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                               TABLE 82 US: MARKET, BY END USER, 2017–2022 (USD MILLION)
                               TABLE 83 US: 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: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                               TABLE 85 CANADA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 86 CANADA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 87 CANADA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 88 CANADA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                               TABLE 89 CANADA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                               TABLE 90 CANADA: MARKET, BY END USER, 2017–2022 (USD MILLION)
                               TABLE 91 CANADA: MARKET, BY END USER, 2023–2028 (USD MILLION)
    9.3 EUROPE 
           9.3.1 EUROPE: RECESSION IMPACT
           9.3.2 EUROPE: MARKET DRIVERS
                    TABLE 92 EUROPE: DIGITAL BADGES MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 93 EUROPE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 94 EUROPE: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                    TABLE 95 EUROPE: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                    TABLE 96 EUROPE: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                    TABLE 97 EUROPE: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                    TABLE 98 EUROPE: MARKET, BY END USER, 2017–2022 (USD MILLION)
                    TABLE 99 EUROPE: MARKET, BY END USER, 2023–2028 (USD MILLION)
                    TABLE 100 EUROPE: MARKET, BY ACADEMIC END USER, 2017–2022 (USD MILLION)
                    TABLE 101 EUROPE: MARKET, BY ACADEMIC END USER, 2023–2028 (USD MILLION)
                    TABLE 102 EUROPE: MARKET, BY CORPORATE END USER, 2017–2022 (USD MILLION)
                    TABLE 103 EUROPE: MARKET, BY CORPORATE END USER, 2023–2028 (USD MILLION)
                    TABLE 104 EUROPE: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                    TABLE 105 EUROPE: 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: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 108 UK: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 109 UK: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 110 UK: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                               TABLE 111 UK: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                               TABLE 112 UK: MARKET, BY END USER, 2017–2022 (USD MILLION)
                               TABLE 113 UK: 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: MARKET DRIVERS
                    FIGURE 27 ASIA PACIFIC: DIGITAL BADGES MARKET SNAPSHOT
                    TABLE 114 ASIA PACIFIC: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 115 ASIA PACIFIC: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 116 ASIA PACIFIC: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                    TABLE 117 ASIA PACIFIC: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                    TABLE 118 ASIA PACIFIC: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                    TABLE 119 ASIA PACIFIC: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                    TABLE 120 ASIA PACIFIC: MARKET, BY END USER, 2017–2022 (USD MILLION)
                    TABLE 121 ASIA PACIFIC: MARKET, BY END USER, 2023–2028 (USD MILLION)
                    TABLE 122 ASIA PACIFIC: MARKET, BY ACADEMIC END USER, 2017–2022 (USD MILLION)
                    TABLE 123 ASIA PACIFIC: MARKET, BY ACADEMIC END USER, 2023–2028 (USD MILLION)
                    TABLE 124 ASIA PACIFIC: MARKET, BY CORPORATE END USER, 2017–2022 (USD MILLION)
                    TABLE 125 ASIA PACIFIC: MARKET, BY CORPORATE END USER, 2023–2028 (USD MILLION)
                    TABLE 126 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                    TABLE 127 ASIA PACIFIC: 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: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 130 CHINA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 131 CHINA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 132 CHINA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                               TABLE 133 CHINA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                               TABLE 134 CHINA: MARKET, BY END USER, 2017–2022 (USD MILLION)
                               TABLE 135 CHINA: 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: MARKET DRIVERS
                    TABLE 136 MIDDLE EAST & AFRICA: DIGITAL BADGES MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 137 MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 138 MIDDLE EAST & AFRICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                    TABLE 139 MIDDLE EAST & AFRICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                    TABLE 140 MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                    TABLE 141 MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                    TABLE 142 MIDDLE EAST & AFRICA: MARKET, BY END USER, 2017–2022 (USD MILLION)
                    TABLE 143 MIDDLE EAST & AFRICA: MARKET, BY END USER, 2023–2028 (USD MILLION)
                    TABLE 144 MIDDLE EAST & AFRICA: MARKET, BY ACADEMIC END USER, 2017–2022 (USD MILLION)
                    TABLE 145 MIDDLE EAST & AFRICA: MARKET, BY ACADEMIC END USER, 2023–2028 (USD MILLION)
                    TABLE 146 MIDDLE EAST & AFRICA: MARKET, BY CORPORATE END USER, 2017–2022 (USD MILLION)
                    TABLE 147 MIDDLE EAST & AFRICA: MARKET, BY CORPORATE END USER, 2023–2028 (USD MILLION)
                    TABLE 148 MIDDLE EAST & AFRICA: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 149 MIDDLE EAST & AFRICA: 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: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 152 MIDDLE EAST: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 153 MIDDLE EAST: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 154 MIDDLE EAST: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                               TABLE 155 MIDDLE EAST: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                               TABLE 156 MIDDLE EAST: MARKET, BY END USER, 2017–2022 (USD MILLION)
                               TABLE 157 MIDDLE EAST: 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: MARKET DRIVERS
                    TABLE 158 LATIN AMERICA: DIGITAL BADGES MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 159 LATIN AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 160 LATIN AMERICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                    TABLE 161 LATIN AMERICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                    TABLE 162 LATIN AMERICA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                    TABLE 163 LATIN AMERICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                    TABLE 164 LATIN AMERICA: MARKET, BY END USER, 2017–2022 (USD MILLION)
                    TABLE 165 LATIN AMERICA: MARKET, BY END USER, 2023–2028 (USD MILLION)
                    TABLE 166 LATIN AMERICA: MARKET, BY ACADEMIC END USER, 2017–2022 (USD MILLION)
                    TABLE 167 LATIN AMERICA: MARKET, BY ACADEMIC END USER, 2023–2028 (USD MILLION)
                    TABLE 168 LATIN AMERICA: MARKET, BY CORPORATE END USER, 2017–2022 (USD MILLION)
                    TABLE 169 LATIN AMERICA: MARKET, BY CORPORATE END USER, 2023–2028 (USD MILLION)
                    TABLE 170 LATIN AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                    TABLE 171 LATIN AMERICA: 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: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 174 BRAZIL: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 175 BRAZIL: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 176 BRAZIL: MARKET, BY TYPE, 2017–2022 (USD MILLION)
                               TABLE 177 BRAZIL: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                               TABLE 178 BRAZIL: MARKET, BY END USER, 2017–2022 (USD MILLION)
                               TABLE 179 BRAZIL: 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 (Page No. - 141)
     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 (Page No. - 149)
(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 
     11.1 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 
     11.2 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 (Page No. - 175)
     12.1 INTRODUCTION 
     12.2 LEARNING MANAGEMENT SYSTEM MARKET 
             12.2.1 MARKET DEFINITION
             12.2.2 MARKET OVERVIEW
             12.2.3 LEARNING MANAGEMENT SYSTEM MARKET, BY COMPONENT
                       TABLE 203 LEARNING MANAGEMENT SYSTEM MARKET, BY COMPONENT, 2017–2021 (USD MILLION)
                       TABLE 204 LEARNING MANAGEMENT SYSTEM MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
             12.2.4 LEARNING MANAGEMENT SYSTEM MARKET, BY DELIVERY MODE
                       TABLE 205 LEARNING MANAGEMENT SYSTEM MARKET, BY DELIVERY MODE, 2017–2021 (USD MILLION)
                       TABLE 206 LEARNING MANAGEMENT SYSTEM MARKET, BY DELIVERY MODE, 2022–2027 (USD MILLION)
             12.2.5 LEARNING MANAGEMENT SYSTEM MARKET, BY USER TYPE
                       TABLE 207 LEARNING MANAGEMENT SYSTEM MARKET, BY USER TYPE, 2017–2021 (USD MILLION)
                       TABLE 208 LEARNING MANAGEMENT SYSTEM MARKET, BY USER TYPE, 2022–2027 (USD MILLION)
             12.2.6 LEARNING MANAGEMENT SYSTEM MARKET, BY DEPLOYMENT TYPE
                       TABLE 209 LEARNING MANAGEMENT SYSTEM MARKET, BY DEPLOYMENT TYPE, 2017–2021 (USD MILLION)
                       TABLE 210 LEARNING MANAGEMENT SYSTEM MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)
             12.2.7 LEARNING MANAGEMENT SYSTEM MARKET, BY REGION
                       TABLE 211 LEARNING MANAGEMENT SYSTEM MARKET, BY REGION, 2017–2021 (USD MILLION)
                       TABLE 212 LEARNING MANAGEMENT SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)
     12.3 SMART LEARNING MARKET 
             12.3.1 MARKET DEFINITION
             12.3.2 MARKET OVERVIEW
             12.3.3 SMART LEARNING MARKET, BY COMPONENT
                       TABLE 213 SMART LEARNING MARKET, BY COMPONENT, 2017–2020 (USD MILLION)
                       TABLE 214 SMART LEARNING MARKET, BY COMPONENT, 2021–2026 (USD MILLION)
                       TABLE 215 SMART LEARNING MARKET, BY HARDWARE, 2017–2020 (USD MILLION)
                       TABLE 216 SMART LEARNING MARKET, BY HARDWARE, 2021–2026 (USD MILLION)
                       TABLE 217 SMART LEARNING MARKET, BY SOFTWARE, 2017–2020 (USD MILLION)
                       TABLE 218 SMART LEARNING MARKET, BY SOFTWARE, 2021–2026 (USD MILLION)
             12.3.4 SMART LEARNING MARKET, BY SERVICE
                       TABLE 219 SMART LEARNING MARKET, BY SERVICE, 2017–2020 (USD MILLION)
                       TABLE 220 SMART LEARNING MARKET, BY SERVICE, 2021–2026 (USD MILLION)
             12.3.5 SMART LEARNING MARKET, BY LEARNING TYPE
                       TABLE 221 SMART LEARNING MARKET, BY LEARNING TYPE, 2017–2020 (USD MILLION)
                       TABLE 222 SMART LEARNING MARKET, BY LEARNING TYPE, 2021–2026 (USD MILLION)
             12.3.6 SMART LEARNING MARKET, BY END USER
                       TABLE 223 SMART LEARNING MARKET, BY END USER, 2017–2020 (USD MILLION)
                       TABLE 224 SMART LEARNING MARKET, BY END USER, 2021–2026 (USD MILLION)
             12.3.7 SMART LEARNING MARKET, BY REGION
                       TABLE 225 SMART LEARNING MARKET, BY REGION, 2017–2020 (USD MILLION)
                       TABLE 226 SMART LEARNING MARKET, BY REGION, 2021–2026 (USD MILLION)
13 APPENDIX (Page No. - 186)
     13.1 DISCUSSION GUIDE 
     13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     13.3 CUSTOMIZATION OPTIONS 
     13.4 RELATED REPORTS 
     13.5 AUTHOR DETAILS