Alternative Credentials Market For Higher Education | Market Highlights and Insights to Recovery from COVID-19
Market Recovery and Growth Projections 2021-2025

The Global alternative credentials market for higher education is expected to grow by $ 1.40 bn, accelerating at a CAGR of over 17% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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Alternative Credentials Market For Higher Education: Leading Segments and Growth Analysis

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• The report segments the market by Product (Non-credit training courses, Non-credit certificate programs, Digital badges, Competency-based education, and Boot camps) and Geographic (North America, Europe, APAC, South America, and MEA). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
• In terms of geographic segmentation we found that 57% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Alternative Credentials Market For Higher Education size.

Alternative Credentials Market For Higher Education: Top Trends, Drivers, Challenges to drive Market Recovery

Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.

• widening skills gap will be a significant factor in driving the growth of the Alternative Credentials Market For Higher Education.
• Another factor that will boost the market will be the drivers.2.
• threat from traditional degree program providers is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Alternative Credentials Market For Higher Education: Vendor Analysis

• The market is fragmented.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• 2U Inc., Cengage Learning Holdings II Inc., Coursera Inc., Credly Inc., Pearson Plc, Simplilearn Solutions Pvt. Ltd., Strategic Education Inc., Udacity Inc., Udemy Inc., and University of Michigan are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of over 17%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 1.40 bn through 2021-2025.
    
3. What is a key factor driving this market?
   widening skills gap will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   57% growth will originate from North America
    
6. Who are the leading market vendors?
   The leading vendors in this market are 2U Inc., Cengage Learning Holdings II Inc., Coursera Inc., Credly Inc., Pearson Plc, Simplilearn Solutions Pvt. Ltd., Strategic Education Inc., Udacity Inc., Udemy Inc., and University of Michigan
    
7. What are the market segments covered in this report?
   The market is segmented by Product (Non-credit training courses, Non-credit certificate programs, Digital badges, Competency-based education, and Boot camps) and Geographic (North America, Europe, APAC, South America, and MEA)

Alternative Credentials Market For Higher Education Size to Grow by $ 1.40 bn through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the alternative credentials market for higher education and it is expected to grow by $ 1.40 bn, accelerating at a CAGR of almost 17% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Alternative Credentials Market For Higher Education: Emerging Trends to Impact Market Growth

Emergence of online portfolio sites to emerge as a key trend in the industrial alternative credentials market for higher education. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Alternative Credentials Market For Higher Education: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 2U Inc., Cengage Learning Holdings II Inc., Coursera Inc., Credly Inc., Pearson Plc, Simplilearn Solutions Pvt. Ltd., Strategic Education Inc., Udacity Inc., Udemy Inc., and University of Michigan are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market:Download a Free Sample Report

Technavio has been monitoring the global alternative credentials market for higher education and it is expected to grow by USD 1.40 billion, progressing at a CAGR of over 17% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report

Alternative Credentials Market for Higher Education: North America to lead market growth during the forecast period

• 57% of the market growth will originate from North America during the forecast period. The US and Canada are the key markets for alternative credentials market for higher education in North America. Market growth in this region will be faster than the growth of the market in APAC, MEA, and South America.
• The employment market is facing a demand and supply gap in terms of skilled employees as only a few individuals of the large educated sector are employable. 
• The widening skills gap is one of the primary factors for the alternative credentials market growth. Alternative credentials enable students to acquire non-traditional skills, verify student achievements, and check student suitability for a job.

Alternative Credentials Market for Higher Education: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 2U Inc., Cengage Learning Holdings II Inc., Coursera Inc., Credly Inc., Pearson Plc, Simplilearn Solutions Pvt. Ltd., Strategic Education Inc., Udacity Inc., Udemy Inc., and University of Michigan are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

Alternative Credentials Market for Higher Education: Key Highlights of the Report for 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive Alternative Credentials Market For Higher Education growth during the next five years
• Precise estimation of the alternative credentials market for higher education size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the insecticides industry across North America, Europe, APAC, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of Alternative credentials market for higher education vendors