New Education market report from TechNavio: "Global Digital Badges Market in Education Sector 2016-2020"

[ClickPress, Fri May 27 2016] 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.

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

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

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.

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?

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