MRC recognizes the following companies as the key players in the global digital badges market in education sector: Accredible, Credly, Forall Systems, Discendum, Pearson Education, and Youtopia
MRC Announces the Publication of its Research Report – Global Digital Badges Market in Education Sector 2018-2022
Other Prominent Vendors in the market are: Badgecraft, Basno, Knowledge Stream, and Makewaves.
Commenting on the report, an analyst from MRC’s team said: “The latest trend gaining momentum in the market is introduction of competency-based education (CBE). The CBE method enables personalized learning and the integration of digital badges provides increased assistance in offering flexibility for student’s necessities along with maintaining standards for faculty.
Since badges are awarded based on certain goals, tasks, and achievements of students, the adoption of digital badging in the CBE model offers teachers a flexible way to recognize the soft skills of the students.”
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According to the report, one of the major drivers for this market is increase in government support.
Developed and developing countries have gained increased support for using digital badges in the curricula. For instance, in the US, badges are used as a valuable tool to gain information related to the complete skill set of the student.
Additionally, the federal government has also widely promoted the utilization of digital badges in schools and colleges. Furthermore, the government of the UK is also widely focusing on the utilization of open digital badges as a tool to measure the skill set of students.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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