The North America Digital Badges Market would witness market growth of 14.4% CAGR during the forecast period (2023-2030).
Digital badge solutions provide authentication mechanisms to maintain authenticity, including embedded metadata or integration with external verification services. These solutions offer recipients the chance to communicate accomplishments with peers, prospective employers, or educational institutions by allowing recipients to display badges on websites, social media profiles, or digital portfolios, encouraging recognition and professional development.
Digital badge solutions provide organizations and individuals with numerous benefits. These solutions provide organizations with a tangible and portable method of recognizing and motivating individuals, promoting ongoing skill development. Digital badges increase individuals' professional profiles, boosting their chances of career advancement by increasing their online visibility and credibility.
Micro-credentialing is possible via digital badges, where learners can obtain badges for particular competencies or skills. These can be layered to create a thorough profile of a person's abilities, making them appealing to employers seeking specialized skills. Additionally, these are readily shareable across multiple platforms, such as social media, professional networking sites, and email signatures.
The United States and Canada are the two significant contributors in North America. The region has many well-established, prominent educational institutions that offer quality education. Digital badges are becoming more widely used in the business and educational sectors because of technological improvements. The U.S. Bureau of Labor Statistics predicts that employment in information technology and computer occupations will rise by 15% between 2021 and 2031, significantly greater than the average for all occupations. These occupations are projected to create approximately 82,800 jobs over the decade. The demand for such workers will be driven by an increasing focus on cloud computing, extensive data collection, and information security, expanding the market's potential over the forecast period.
The US market dominated the North America Digital Badges Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $176,066.1 Thousands by 2030. The Canada market is showcasing a CAGR of 17% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 16% during (2023 - 2030).
Based on Type, the market is segmented into Certification Badges, Recognition Badges, Participation Badges, Achievement Badges, and Contribution Badges. Based on Offering, the market is segmented into Platform, and Services. Based on End User, the market is segmented into Academic, Corporate, Government, Non-profit Organizations, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Digital Badges Market is Projected to reach USD 700.8 Million by 2030, at a CAGR of 15.2%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Instructure, Inc. (Instructure Holdings, Inc.) (Thoma Bravo, LP), Skillsoft Corporation, PeopleCert Group (PeopleCert Holdings UK Ltd), EdInvent, Inc. (Accredible), Parchment LLC (Credentials eSCRIP-SAFE), Accreditrust Technologies, LLC, Asset Chain Techlligence Private Limited (TruScholar), Basno, Inc., Sertifier INC. and Tech99 Innovations Pvt Ltd (CertifyMe).
Scope of the Study
Market Segments Covered in the Report:
By Type
- Certification Badges
- Recognition Badges
- Participation Badges
- Achievement Badges
- Contribution Badges
By Offering
By End User
- Academic
- Corporate
- Government
- Non-profit Organizations
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Instructure, Inc. (Instructure Holdings, Inc.) (Thoma Bravo, LP)
- Skillsoft Corporation
- PeopleCert Group (PeopleCert Holdings UK Ltd)
- EdInvent, Inc. (Accredible)
- Parchment LLC (Credentials eSCRIP-SAFE)
- Accreditrust Technologies, LLC
- Asset Chain Techlligence Private Limited (TruScholar)
- Basno, Inc.
- Sertifier INC.
- Tech99 Innovations Pvt Ltd (CertifyMe)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Digital Badges Market, by Type
1.4.2 North America Digital Badges Market, by Offering
1.4.3 North America Digital Badges Market, by End User
1.4.4 North America Digital Badges Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. North America Digital Badges Market by Type
4.1 North America Certification Badges Market by Country
4.2 North America Recognition Badges Market by Country
4.3 North America Participation Badges Market by Country
4.4 North America Achievement Badges Market by Country
4.5 North America Contribution Badges Market by Country
Chapter 5. North America Digital Badges Market by Offering
5.1 North America Platform Market by Country
5.2 North America Services Market by Country
Chapter 6. North America Digital Badges Market by End User
6.1 North America Academic Market by Country
6.2 North America Corporate Market by Country
6.3 North America Government Market by Country
6.4 North America Non-profit Organizations Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Digital Badges Market by Country
7.1 US Digital Badges Market
7.1.1 US Digital Badges Market by Type
7.1.2 US Digital Badges Market by Offering
7.1.3 US Digital Badges Market by End User
7.2 Canada Digital Badges Market
7.2.1 Canada Digital Badges Market by Type
7.2.2 Canada Digital Badges Market by Offering
7.2.3 Canada Digital Badges Market by End User
7.3 Mexico Digital Badges Market
7.3.1 Mexico Digital Badges Market by Type
7.3.2 Mexico Digital Badges Market by Offering
7.3.3 Mexico Digital Badges Market by End User
7.4 Rest of North America Digital Badges Market
7.4.1 Rest of North America Digital Badges Market by Type
7.4.2 Rest of North America Digital Badges Market by Offering
7.4.3 Rest of North America Digital Badges Market by End User
Chapter 8. Company Profiles
8.1 PeopleCert Group (PeopleCert Holdings UK Ltd)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.2 EdInvent, Inc.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.3 Parchment LLC (Credentials eSCRIP-SAFE)
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Partnerships, Collaborations, and Agreements:
8.3.2.2 Acquisition and Mergers:
8.4 Accreditrust Technologies, LLC
8.4.1 Company Overview
8.5 Asset Chain Techlligence Private Limited
8.5.1 Company Overview
8.6 Basno, Inc.
8.6.1 Company Overview
8.7 Sertifier INC.
8.7.1 Company Overview
8.8 Tech99 Innovations Pvt Ltd
8.8.1 Company Overview
8.9 Instructure, Inc. (Instructure Holdings, Inc.)(Thoma Bravo, LP)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.10. Skillsoft Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Recent strategies and developments:
8.10.4.1 Product Launches and Product Expansions:
8.10.4.2 Acquisition and Mergers:
TABLE 1 North America Digital Badges Market, 2019 - 2022, USD Thousands
TABLE 2 North America Digital Badges Market, 2023 - 2030, USD Thousands
TABLE 3 North America Digital Badges Market by Type, 2019 - 2022, USD Thousands
TABLE 4 North America Digital Badges Market by Type, 2023 - 2030, USD Thousands
TABLE 5 North America Certification Badges Market by Country, 2019 - 2022, USD Thousands
TABLE 6 North America Certification Badges Market by Country, 2023 - 2030, USD Thousands
TABLE 7 North America Recognition Badges Market by Country, 2019 - 2022, USD Thousands
TABLE 8 North America Recognition Badges Market by Country, 2023 - 2030, USD Thousands
TABLE 9 North America Participation Badges Market by Country, 2019 - 2022, USD Thousands
TABLE 10 North America Participation Badges Market by Country, 2023 - 2030, USD Thousands
TABLE 11 North America Achievement Badges Market by Country, 2019 - 2022, USD Thousands
TABLE 12 North America Achievement Badges Market by Country, 2023 - 2030, USD Thousands
TABLE 13 North America Contribution Badges Market by Country, 2019 - 2022, USD Thousands
TABLE 14 North America Contribution Badges Market by Country, 2023 - 2030, USD Thousands
TABLE 15 North America Digital Badges Market by Offering, 2019 - 2022, USD Thousands
TABLE 16 North America Digital Badges Market by Offering, 2023 - 2030, USD Thousands
TABLE 17 North America Platform Market by Country, 2019 - 2022, USD Thousands
TABLE 18 North America Platform Market by Country, 2023 - 2030, USD Thousands
TABLE 19 North America Services Market by Country, 2019 - 2022, USD Thousands
TABLE 20 North America Services Market by Country, 2023 - 2030, USD Thousands
TABLE 21 North America Digital Badges Market by End User, 2019 - 2022, USD Thousands
TABLE 22 North America Digital Badges Market by End User, 2023 - 2030, USD Thousands
TABLE 23 North America Academic Market by Country, 2019 - 2022, USD Thousands
TABLE 24 North America Academic Market by Country, 2023 - 2030, USD Thousands
TABLE 25 North America Corporate Market by Country, 2019 - 2022, USD Thousands
TABLE 26 North America Corporate Market by Country, 2023 - 2030, USD Thousands
TABLE 27 North America Government Market by Country, 2019 - 2022, USD Thousands
TABLE 28 North America Government Market by Country, 2023 - 2030, USD Thousands
TABLE 29 North America Non-profit Organizations Market by Country, 2019 - 2022, USD Thousands
TABLE 30 North America Non-profit Organizations Market by Country, 2023 - 2030, USD Thousands
TABLE 31 North America Others Market by Country, 2019 - 2022, USD Thousands
TABLE 32 North America Others Market by Country, 2023 - 2030, USD Thousands
TABLE 33 North America Digital Badges Market by Country, 2019 - 2022, USD Thousands
TABLE 34 North America Digital Badges Market by Country, 2023 - 2030, USD Thousands
TABLE 35 US Digital Badges Market, 2019 - 2022, USD Thousands
TABLE 36 US Digital Badges Market, 2023 - 2030, USD Thousands
TABLE 37 US Digital Badges Market by Type, 2019 - 2022, USD Thousands
TABLE 38 US Digital Badges Market by Type, 2023 - 2030, USD Thousands
TABLE 39 US Digital Badges Market by Offering, 2019 - 2022, USD Thousands
TABLE 40 US Digital Badges Market by Offering, 2023 - 2030, USD Thousands
TABLE 41 US Digital Badges Market by End User, 2019 - 2022, USD Thousands
TABLE 42 US Digital Badges Market by End User, 2023 - 2030, USD Thousands
TABLE 43 Canada Digital Badges Market, 2019 - 2022, USD Thousands
TABLE 44 Canada Digital Badges Market, 2023 - 2030, USD Thousands
TABLE 45 Canada Digital Badges Market by Type, 2019 - 2022, USD Thousands
TABLE 46 Canada Digital Badges Market by Type, 2023 - 2030, USD Thousands
TABLE 47 Canada Digital Badges Market by Offering, 2019 - 2022, USD Thousands
TABLE 48 Canada Digital Badges Market by Offering, 2023 - 2030, USD Thousands
TABLE 49 Canada Digital Badges Market by End User, 2019 - 2022, USD Thousands
TABLE 50 Canada Digital Badges Market by End User, 2023 - 2030, USD Thousands
TABLE 51 Mexico Digital Badges Market, 2019 - 2022, USD Thousands
TABLE 52 Mexico Digital Badges Market, 2023 - 2030, USD Thousands
TABLE 53 Mexico Digital Badges Market by Type, 2019 - 2022, USD Thousands
TABLE 54 Mexico Digital Badges Market by Type, 2023 - 2030, USD Thousands
TABLE 55 Mexico Digital Badges Market by Offering, 2019 - 2022, USD Thousands
TABLE 56 Mexico Digital Badges Market by Offering, 2023 - 2030, USD Thousands
TABLE 57 Mexico Digital Badges Market by End User, 2019 - 2022, USD Thousands
TABLE 58 Mexico Digital Badges Market by End User, 2023 - 2030, USD Thousands
TABLE 59 Rest of North America Digital Badges Market, 2019 - 2022, USD Thousands
TABLE 60 Rest of North America Digital Badges Market, 2023 - 2030, USD Thousands
TABLE 61 Rest of North America Digital Badges Market by Type, 2019 - 2022, USD Thousands
TABLE 62 Rest of North America Digital Badges Market by Type, 2023 - 2030, USD Thousands
TABLE 63 Rest of North America Digital Badges Market by Offering, 2019 - 2022, USD Thousands
TABLE 64 Rest of North America Digital Badges Market by Offering, 2023 - 2030, USD Thousands
TABLE 65 Rest of North America Digital Badges Market by End User, 2019 - 2022, USD Thousands
TABLE 66 Rest of North America Digital Badges Market by End User, 2023 - 2030, USD Thousands
TABLE 67 Key Information – PeopleCert Group
TABLE 68 Key Information – EdInvent, Inc.
TABLE 69 Key Information – Parchment LLC
TABLE 70 Key Information – Accreditrust Technologies, LLC
TABLE 71 Key Information – Asset Chain Techlligence Private Limited
TABLE 72 Key Information – Basno, Inc.
TABLE 73 Key Information – Sertifier INC.
TABLE 74 Key Information – Tech99 Innovations Pvt Ltd
TABLE 75 Key Information – Instructure, Inc.
TABLE 76 Key Information – Skillsoft Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Digital Badges Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting the Digital Badges Market
FIG 4 Porter’s Five Forces Analysis – Digital Badges Market
FIG 5 North America Digital Badges Market share by Type, 2022
FIG 6 North America Digital Badges Market share by Type, 2030
FIG 7 North America Digital Badges Market by Type, 2019 - 2030, USD Thousands
FIG 8 North America Digital Badges Market share by Offering, 2022
FIG 9 North America Digital Badges Market share by Offering, 2030
FIG 10 North America Digital Badges Market by Offering, 2019 - 2030, USD Thousands
FIG 11 North America Digital Badges Market share by End User, 2022
FIG 12 North America Digital Badges Market share by End User, 2030
FIG 13 North America Digital Badges Market by End User, 2019 - 2030, USD Thousands
FIG 14 North America Digital Badges Market share by Country, 2022
FIG 15 North America Digital Badges Market share by Country, 2030
FIG 16 North America Digital Badges Market by Country, 2019 - 2030, USD Thousands
FIG 17 Recent strategies and developments: Parchment LLC