Market Overview:
The global competency-based platform market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for competency-based education technologies and platforms from K-12 schools and higher education institutions. North America is expected to lead the global competency-based platform market during the forecast period, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Competency-based platforms are digital learning environments that allow educators to create and share competency-based learning experiences with their students. These platforms are important because they allow educators to individualize the learning experience for each student, which can help them learn at their own pace. Additionally, these platforms provide a way for educators to track the progress of each student and ensure that they are mastering the competencies that have been identified as important.
Competency-Based Education Technologies:
The global competence-based education technologies, it's usage and growth factor in the competency-based platform market is expected to grow at a significant pace over the forecast period. The major driver for this market is changing student’s preferences from traditional lectures based learning to self-directed learning. Students are preferring online courses as they offer flexibility of time and place along with quality teaching &learning experience.
Competency-Based Technologies Platforms:
The competency-based technologies platforms and it's usage in competence-based platform market is a new term which has been created to define the set of technologies that are used for developing Competency Based (CB) Technologies Platforms. The CB technology platforms provide end-to-end solutions from training & development, workforce optimization, performance management, through to succession planning and beyond. They also help organizations achieve operational efficiency by enhancing their decision making capabilities as well as providing high business value propositions.
Application Insights:
The K-12 schools segment dominated the global competency-based platform market in terms of revenue share in 2017. The growth can be attributed to the increasing government funding for education and rising concerns regarding student academic achievement. Moreover, a growing number of school districts are adopting these technologies as they help educators create customized learning paths for students, improve classroom management and foster critical thinking among students.
Higher education institutions (HEIs) are expected to witness significant growth over the forecast period owing to increased investments by governments across various countries in order to improve HE quality and increase accessiblity. For instance, according to data published by OUP Governance Studies Center, between 2015 and 2016 more than USD 250 billion was invested globally into higher education institutions with around 60% coming from public sources such as governments or taxpayers whereas 40% was contributed by private investors worldwide during same period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with U.S. being a major contributor to regional growth owing to presence of numerous players and increased adoption of competency-based education coupled with technological advancements such as Massive Open Online Courses (MOOCs).
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government initiatives for improving higher education infrastructure and rising awareness regarding employability skills among students at undergraduate level, which would subsequently drive demand for CBE programs across countries such as China, India, South Korea and Japan. Moreover, growing penetration of technology-enabled learning platforms supported by high smartphone penetration would further propel regional market development during the forecast period.
Growth Factors:
- Increased demand for skilled professionals: The global Competency-based Platform market is expected to grow at a CAGR of over 16% during the forecast period. This growth can be attributed to the increasing demand for skilled professionals in various industries.
- Proliferation of online learning platforms: The proliferation of online learning platforms has led to an increase in the demand for Competency-based Platforms. These platforms allow students and professionals to learn new skills and improve their existing skillsets at their own pace and convenience.
- Rising adoption of competency-based education: The adoption of competency-based education is growing rapidly as it allows students to earn credits based on their demonstrated mastery of specific skills rather than on seat time or age requirements alone. This helps students save time and money while also improving their employability prospects after graduation.
- Increasing focus on workforce development: Many organizations are now focusing on workforce development as they realize that having a competent workforce is essential for success in today’s competitive environment .This has led to an increase in the demand for Competency-based Platforms, which can help organizations assess, track, and develop employee skill sets quickly and efficiently . 5) Growing popularity of microlearning: Microlearning is a type of eLearning that delivers small chunks (modules)of content over short periods (days or weeks). It has gained popularity due to its abilityto caterto different learning stylesand its effectivenessin helping learners
Scope Of The Report
Report Attributes
Report Details
Report Title
Competency-based Platform Market Research Report
By Type
Competency-Based Education Technologies, Competency-Based Technologies Platforms
By Application
K-12 Schools, Higher Education Institutions
By Companies
BNED LoudCloud, D2L, Ellucian, Flat World Education, Articulate, Blackboard, Edmodo, Fidelis Education, Fishtree, Itslearning, Knewton, Motivis Learning, Saba, Schoology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Competency-based Platform Market Report Segments:
The global Competency-based Platform market is segmented on the basis of:
Types
Competency-Based Education Technologies, Competency-Based Technologies Platforms
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
K-12 Schools, Higher Education Institutions
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BNED LoudCloud
- D2L
- Ellucian
- Flat World Education
- Articulate
- Blackboard
- Edmodo
- Fidelis Education
- Fishtree
- Itslearning
- Knewton
- Motivis Learning
- Saba
- Schoology
Highlights of The Competency-based Platform Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Competency-Based Education Technologies
- Competency-Based Technologies Platforms
- By Application:
- K-12 Schools
- Higher Education Institutions
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Competency-based Platform Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A competency-based platform is a technology that helps organizations to identify and track the skills and knowledge of their employees. This information can then be used to develop training programs that help employees improve their skills.
Some of the major players in the competency-based platform market are BNED LoudCloud, D2L, Ellucian, Flat World Education, Articulate, Blackboard, Edmodo, Fidelis Education, Fishtree, Itslearning, Knewton, Motivis Learning, Saba, Schoology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Competency-based Platform Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Competency-based Platform Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Competency-based Platform Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Competency-based Platform Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Competency-based Platform Market Size & Forecast, 2020-2028
4.5.1 Competency-based Platform Market Size and Y-o-Y Growth
4.5.2 Competency-based Platform Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Competency-Based Education Technologies
5.2.2 Competency-Based Technologies Platforms
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 K-12 Schools
6.2.2 Higher Education Institutions
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Competency-based Platform Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Competency-based Platform Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Competency-Based Education Technologies
9.6.2 Competency-Based Technologies Platforms
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 K-12 Schools
9.10.2 Higher Education Institutions
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Competency-Based Education Technologies
10.6.2 Competency-Based Technologies Platforms
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 K-12 Schools
10.10.2 Higher Education Institutions
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Competency-Based Education Technologies
11.6.2 Competency-Based Technologies Platforms
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 K-12 Schools
11.10.2 Higher Education Institutions
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Competency-Based Education Technologies
12.6.2 Competency-Based Technologies Platforms
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 K-12 Schools
12.10.2 Higher Education Institutions
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Competency-Based Education Technologies
13.6.2 Competency-Based Technologies Platforms
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 K-12 Schools
13.10.2 Higher Education Institutions
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Competency-based Platform Market: Competitive Dashboard
14.2 Global Competency-based Platform Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BNED LoudCloud
14.3.2 D2L
14.3.3 Ellucian
14.3.4 Flat World Education
14.3.5 Articulate
14.3.6 Blackboard
14.3.7 Edmodo
14.3.8 Fidelis Education
14.3.9 Fishtree
14.3.10 Itslearning
14.3.11 Knewton
14.3.12 Motivis Learning
14.3.13 Saba
14.3.14 Schoology
