Micro-Credential Market to See Huge Growth by 2028 : Udemy, Microsoft, FutureLearn, Coursera
NJ New Jersey, USA -- (SBWire) -- 08/04/2023 --Advance Market Analytics published a new research publication on "Global Micro-credential Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Micro-credential market was mainly driven by the increasing R&D spending across the world.
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Major players profiled in the study are:
Coursera Inc (United States), edX Inc. (United States), Udacity, Inc. (United States), FutureLearn (United Kingdom), Kadenze, Inc. (United States), International Business Machines (United States), Alphabet Inc. (United States), Microsoft Corporation (United States), Cisco systems Inc. (United States), Udemy, Inc. (United States)
Scope of the Report of Micro-credential
Micro-credentials may be the next big thing in employment upskilling, and institutions, non-profits, and corporations are already using them. Because anyone can offer a micro-credential and there are no official constraints, the standards for each credential differ widely. These credentials can be obtained by completing a series of online exams, writing an essay, or putting together a presentation. Micro-credentials are often shorter than other credential options such as college degrees or certificate programs, however, this is not always the case because the requirements are defined by the credential-granting school. This means that the source of your micro-credential is important, as not all micro-credentials are created equal. People's daily learning activities, both formal and informal, are a logical extension of micro-credentials. They provide people control over their professional growth while also giving businesses the tools they need to customize learning for their employees and achieve their bigger goals. With the fast adoption of digitization, the demand for massive open online courses has skyrocketed in the last decade. The global demand for MOOCs has grown even more with the outbreak of the COVID-19 pandemic. Even after the pandemic has passed, this pattern is likely to continue. The sector is projected to gain traction in the coming years as governments around the world take steps to make education and training more accessible to all.
7th January 2020, edX Launches MicroBachelorsâ"¢ Programs, an Innovative Undergraduate-Level Credential That Will Transform the Future of Work and Higher Education.
The Global Micro-credential Market segments and Market Data Break Down are illuminated below:
by Credential (Specialization, Nano degrees, Professional Certificates, Badges, Others), Domain (IT & Telecommunication, Business, SCIENCE, Engineering, Healthcare, Art and design, Others), Age (Under 18, 18-22, 22-28, 28-35, Over 35)
Market Opportunities:
- The Increasing Popularity Of the Technical Education
Market Drivers:
- High Demand Due To Personalisation For Employees And Employers
- Growing Employer Acceptance of Credentials Earned Online
Market Trend:
- Growing Popularity of the Micro credential across the Globe
- Surging Demand From Developing Countries
What can be explored with the Micro-credential Market Study?
- Gain Market Understanding
- Identify Growth Opportunities
- Analyze and Measure the Global Micro-credential Market by Identifying Investment across various Industry Verticals
- Understand the Trends that will drive Future Changes in Micro-credential
- Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Micro-credential Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Micro-credential market
Chapter 2: Exclusive Summary – the basic information of the Micro-credential Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Micro-credential
Chapter 4: Presenting the Micro-credential Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021
Chapter 6: Evaluating the leading manufacturers of the Micro-credential market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Micro-credential Market is a valuable source of guidance for individuals and companies.
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