Alternative Credentials for Higher Education - Global Strategic Business Report

The global market for Alternative Credentials for Higher Education is estimated at US$2.2 Billion in 2023 and is projected to reach US$6.5 Billion by 2030, growing at a CAGR of 16.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the alternative credentials market is driven by several factors. The rapidly changing job market and the increasing demand for specialized skills have underscored the need for continuous learning and upskilling, propelling the demand for flexible and targeted educational solutions. Employers are increasingly recognizing the value of specific skill sets over traditional degrees, driving the acceptance and adoption of alternative credentials in hiring and promotion decisions. Technological advancements that facilitate online and personalized learning are making these credentials more accessible and appealing to a broad audience. Furthermore, the rising cost of traditional higher education and the associated student debt crisis are leading learners to seek more affordable and efficient pathways to education and career advancement. Partnerships between educational institutions and industry players are also fostering the development of relevant and high-quality credential programs that meet the evolving needs of the workforce. These factors collectively ensure robust growth in the alternative credentials market, meeting the diverse and dynamic educational needs of learners and employers alike.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Non-Credit Training Courses segment, which is expected to reach US$2.5 Billion by 2030 with a CAGR of a 17.6%. The Non-Credit Certificate Programs segment is also set to grow at 16.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $594.4 Million in 2023, and China, forecasted to grow at an impressive 22.3% CAGR to reach $1.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Alternative Credentials for Higher Education Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Alternative Credentials for Higher Education Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Alternative Credentials for Higher Education Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as 2U Inc., Bay College, Bisk Ventures, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 45 Featured):

• 2U Inc.
• Bay College
• Bisk Ventures
• Bradley University
• Carroll Community College Foundation Inc.
• City and Guilds Group
• Coursera Inc.
• Credly, Inc.
• Pearl River Community College
• Ranken Technical College
• Temple University
• Triton College
• University of Evansville
• University of Michigan-Flint
• University of Washington
• UPCEA;