NEW
YORK, May 29, 2023 /PRNewswire/ -- The
global alternative non-credential courses market size is
estimated to increase by USD
8,624.66 million from 2022 to 2027. The market's
growth momentum will progress at a CAGR of
17.18% during the forecast period. Discover some
insights on market size historic period (2017 to 2021) and Forecast
(2023 to 2027) before buying the full report - Request a
sample report
Alternative non-credential courses market – Vendor
Analysis
Vendor Landscape - The global alternative noncredential
courses market is fragmented, with the presence of several global
as well as regional vendors. A few prominent vendors that offer
alternative noncredential courses in the market are Blue Mountain Community College, Boston University, Colorado
State University, Columbia
University, Elmira College,
Harvard University, Michigan Technological University, Montgomery College, New York
University, Southern New Hampshire
University, Stanford University,
Temple University, Tennessee Tech, University of
Arkansas, University of Cape
Town, University of Illinois,
University of Pennsylvania,
University of Southern Indiana,
University System of New
Hampshire, Yale University, Wake
Technical Community College, and New York Institute of Finance Inc.
and others.
What's New? -
- Special coverage on the Russia-Ukraine war; global inflation; recovery
analysis from COVID-19; supply chain disruptions, global trade
tensions; and risk of recession
- Global competitiveness and key competitor positions
- Market presence across multiple geographical footprints -
Strong/Active/Niche/Trivial - Buy the report!
Vendor Offerings -
- Boston University - The
company offers alternative non-credential courses such as MS in
Applied Business Analytics, and MS in Supply Chain Management.
- Columbia University
- The company offers alternative non-credential courses
such as Columbia Engineering's online Artificial Intelligence
program.
- Harvard University
- The company offers alternative non-credential courses
such as Executive and Continuing Professional Education, and
Certificate in Public Health and Business Leadership.
- For details on the vendor and their offerings – Request
a sample report
Non-Credential Courses Market - Segmentation
Assessment
Segment Overview
Technavio has segmented the market based on type (non-institutional
and institutional), and geography (North
America, Europe, APAC,
South America, and Middle East and Africa).
- The market share growth by the non-institutional segment
will be significant for overall market growth during the forecast
period. There are a variety of non-educational institutions,
which include Massive Open Online Courses (MOOCs)
and industry-accredited programs, offering alternative
courses without certification. The non-traditional forms of
credentials are accepted in several companies.
Recently, online education providers have been offering
non-degree certificates to learners. Hence, such factors drive
segment growth during the forecast period.
Geography Overview
By geography, the global alternative non-credential courses market
is segmented into North America,
Europe, APAC, South America, and the Middle East and Africa. The report provides actionable
insights and estimates the contribution of all regions to the
growth of the global alternative non-credential courses market.
- North America is
estimated to account for 56% of the global market growth
during the forecast period. Universities in the North American
region extensively experiment with a number of educational
technology products and services. And these institutions emphasize
the introduction of new forms of teaching and learning after online
platforms penetrate the regional education industry.
Various universities and colleges are focused on integrating
products and tools that improve the quality of education. Hence,
such factors drive regional market growth during the forecast
period.
For insights on global, regional, and country-level
parameters with growth opportunities from 2017 to 2027
- Download a Sample Report
Alternative Non Credential Courses Market –
Market Dynamics
Leading Drivers -
- The emergence of virtual schools is the key driver for the
growth of the global alternative noncredential courses
market.
- In recent times, it has been observed that virtual schools
are becoming more popular. The phenomenon gains momentum,
especially in developed countries such as the US and the UK.
Furthermore, due to the massive education digitization steps
and initiatives, virtual schools are becoming popular among
students and education authorities.
- And their growth is favored by the availability of virtual
communication tools, virtual labs, and simulated learning
environments.
- Furthermore, the rising penetration of cloud technology in
education is facilitating the management of every aspect of the
institution.
- Hence, such factors are expected to support the adoption
of virtual schools and subsequently accelerate the growth of the
global alternative non-credential courses market during the
forecast period.
Key Trends -
- Rapid penetration of Internet-enabled devices is an
emerging trend in the global alternative non-credential
courses market growth.
- The rapid adoption of mobile phones and tablets grows the
consumer demand for personalized learning placing an increasing
emphasis on online education.
- Various vendors in the global market offer
smartphone-compatible audiovisual and text content.
- Thus, the adoption of smartphone devices as a preferred
platform for educational content is expected to boost the growth of
the global alternative non-credential courses market during the
forecast period.
Major challenges -
- Inadequate cybersecurity measures are a major challenge
hindering the growth of the global alternative non-credential
courses market.
- One of the major sources of cybersecurity threats to
educational content includes malware viruses, such as WannaCry,
through social media, the virtualization of systems, and the
consumerization of Information Technology (IT).
- And since education becomes more digital, threats related
to information security, unauthorized access, and student privacy
are increasing.
- Some of the education sector's vulnerabilities to cyberattacks
include the availability of valuable user and organizational
data, lack of centralized data storage structures, and
unregulated use of personal digital devices.
- Hence, the inadequacy of the cybersecurity measures
adopted by educational institutions and individual learners
will hamper the growth of the global alternative
non-credential courses market during the forecast period.
Driver, Trend & Challenges are the factor of market
dynamics which states about consequences & sustainability of
the businesses, find some insights from a sample report!
What are the key data covered in this Alternative Non
Credential Courses Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of
the alternative non-credential courses market between 2023 and
2027
- Precise estimation of the size of the alternative
non-credential courses market and its contribution to the market
with a focus on the parent market
- Accurate predictions about upcoming trends and changes in
consumer behavior
- Growth of the alternative non-credential courses market across
North America, Europe, APAC, South
America, and Middle East
and Africa
- A thorough analysis of the market's competitive landscape and
detailed information about vendors
- Comprehensive analysis of factors that will challenge the
growth of alternative non-credential courses market vendors
Gain instant access to 17,000+ market research
reports.
Technavio's SUBSCRIPTION platform
Related Reports:
The online tutoring services market size in India is estimated
to grow by USD 10,585.08 million between
2022 and 2027 at a CAGR of 17.03%. This report
extensively covers market segmentation by courses (stem
courses, language courses, and others), and end-user (higher
education and K-12). The increasing expenditure on tutoring is
notably driving market growth.
The online vocational courses market size is
estimated to grow at a CAGR of 16.56% between 2022 and
2027 and the size of the market is forecast to increase
by USD 21,546.78 million. The report includes
historic market data from 2017 to 2021. It also extensively
covers market segmentation by Type (technical and
non-technical) and Geography (North
America, APAC, Europe,
South America, and Middle East and Africa). The online vocational courses
market is expected to grow due to the increased adoption of
technology, the inefficiency of traditional education, and
customized content delivery.
Alternative Non
Credential Courses Market Scope
|
Report
Coverage
|
Details
|
Historic
period
|
2017-2021
|
Forecast
period
|
2023-2027
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
17.18%
|
Market growth
2023-2027
|
USD 8,624.66
million
|
Market
structure
|
Fragmented
|
YoY growth
2022-2023 (%)
|
16.51
|
Regional
analysis
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
North America at
56%
|
Key
countries
|
US, China, India,
Germany, and UK, Canada, Mexico, Italy,Spain, India, Japan,
Australia, and South Korea
|
Competitive
landscape
|
Leading Vendors, Market
Positioning of Vendors, Competitive Strategies, and Industry
Risks
|
Key companies
profiled
|
Blue Mountain Community
College, Boston University, Colorado State University, Columbia
University, Elmira College, Harvard University, Michigan
Technological University, Montgomery College, New York University,
Southern New Hampshire University, Stanford University, Temple
University, Tennessee Tech, University of Arkansas, University of
Cape Town, University of Illinois, University of Pennsylvania,
University of Southern Indiana, University System of New Hampshire,
Yale University, Wake Technical Community College, and New York
Institute of Finance Inc.
|
Market
dynamics
|
Parent market analysis,
Market growth inducers and obstacles, Fast-growing and slow-growing
segment analysis, COVID-19 impact and recovery analysis and future
consumer dynamics, Market condition analysis for forecast
period.
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Table of Contents
1 Executive Summary
- 1.1 Market overview
-
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market
Overview
- Exhibit 03: Executive Summary – Chart on Global Market
Characteristics
- Exhibit 04: Executive Summary – Chart on Market by
Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by
Type
- Exhibit 06: Executive Summary – Chart on Incremental
Growth
- Exhibit 07: Executive Summary – Data Table on Incremental
Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market
Positioning
2 Market Landscape
- 2.1 Market ecosystem
-
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
-
- Exhibit 11: Offerings of vendors included in the market
definition
- 3.2 Market segment analysis
-
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2022-2027
-
- Exhibit 13: Chart on Global - Market size and forecast
2022-2027 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast
2022-2027 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth
2022-2027 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth
2022-2027 (%)
4 Historic Market Size
- 4.1 Global alternative non credential courses market 2017 -
2021
-
- Exhibit 17: Historic Market Size – Data Table on Global
alternative non credential courses market 2017 - 2021 ($
million)
- 4.2 Type Segment Analysis 2017 - 2021
-
- Exhibit 18: Historic Market Size – Type Segment 2017 - 2021 ($
million)
- 4.3 Geography Segment Analysis 2017 - 2021
-
- Exhibit 19: Historic Market Size – Geography Segment 2017 -
2021 ($ million)
- 4.4 Country Segment Analysis 2017 - 2021
-
- Exhibit 20: Historic Market Size – Country Segment 2017 - 2021
($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
-
- Exhibit 21: Five forces analysis - Comparison between 2022 and
2027
- 5.2 Bargaining power of buyers
-
- Exhibit 22: Chart on Bargaining power of buyers – Impact of key
factors 2022 and 2027
- 5.3 Bargaining power of suppliers
-
- Exhibit 23: Bargaining power of suppliers – Impact of key
factors in 2022 and 2027
- 5.4 Threat of new entrants
-
- Exhibit 24: Threat of new entrants – Impact of key factors in
2022 and 2027
- 5.5 Threat of substitutes
-
- Exhibit 25: Threat of substitutes – Impact of key factors in
2022 and 2027
- 5.6 Threat of rivalry
-
- Exhibit 26: Threat of rivalry – Impact of key factors in 2022
and 2027
- 5.7 Market condition
-
- Exhibit 27: Chart on Market condition - Five forces 2022 and
2027
6 Market Segmentation by Type
- 6.1 Market segments
-
- Exhibit 28: Chart on Type - Market share 2022-2027 (%)
- Exhibit 29: Data Table on Type - Market share 2022-2027
(%)
- 6.2 Comparison by Type
-
- Exhibit 30: Chart on Comparison by Type
- Exhibit 31: Data Table on Comparison by Type
- 6.3 Non-institutional - Market size and forecast
2022-2027
-
- Exhibit 32: Chart on Non-institutional - Market size and
forecast 2022-2027 ($ million)
- Exhibit 33: Data Table on Non-institutional - Market size and
forecast 2022-2027 ($ million)
- Exhibit 34: Chart on Non-institutional - Year-over-year growth
2022-2027 (%)
- Exhibit 35: Data Table on Non-institutional - Year-over-year
growth 2022-2027 (%)
- 6.4 Institutional - Market size and forecast 2022-2027
-
- Exhibit 36: Chart on Institutional - Market size and forecast
2022-2027 ($ million)
- Exhibit 37: Data Table on Institutional - Market size and
forecast 2022-2027 ($ million)
- Exhibit 38: Chart on Institutional - Year-over-year growth
2022-2027 (%)
- Exhibit 39: Data Table on Institutional - Year-over-year growth
2022-2027 (%)
- 6.5 Market opportunity by Type
-
- Exhibit 40: Market opportunity by Type ($ million)
- Exhibit 41: Data Table on Market opportunity by Type ($
million)
7 Customer Landscape
- 7.1 Customer landscape overview
-
- Exhibit 42: Analysis of price sensitivity, lifecycle, customer
purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
-
- Exhibit 43: Chart on Market share by geography 2022-2027
(%)
- Exhibit 44: Data Table on Market share by geography 2022-2027
(%)
- 8.2 Geographic comparison
-
- Exhibit 45: Chart on Geographic comparison
- Exhibit 46: Data Table on Geographic comparison
- 8.3 North America - Market
size and forecast 2022-2027
-
- Exhibit 47: Chart on North
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 48: Data Table on North
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 49: Chart on North
America - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on North
America - Year-over-year growth 2022-2027 (%)
- 8.4 Europe - Market size and
forecast 2022-2027
-
- Exhibit 51: Chart on Europe -
Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Europe - Market size and forecast 2022-2027 ($
million)
- Exhibit 53: Chart on Europe -
Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Europe - Year-over-year growth 2022-2027
(%)
- 8.5 APAC - Market size and forecast 2022-2027
-
- Exhibit 55: Chart on APAC - Market size and forecast 2022-2027
($ million)
- Exhibit 56: Data Table on APAC - Market size and forecast
2022-2027 ($ million)
- Exhibit 57: Chart on APAC - Year-over-year growth 2022-2027
(%)
- Exhibit 58: Data Table on APAC - Year-over-year growth
2022-2027 (%)
- 8.6 South America - Market
size and forecast 2022-2027
-
- Exhibit 59: Chart on South
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 60: Data Table on South
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 61: Chart on South
America - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on South
America - Year-over-year growth 2022-2027 (%)
- 8.7 Middle East and
Africa - Market size and forecast
2022-2027
-
- Exhibit 63: Chart on Middle
East and Africa - Market
size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on Middle
East and Africa - Market
size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on Middle
East and Africa -
Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Middle
East and Africa -
Year-over-year growth 2022-2027 (%)
- 8.8 US - Market size and forecast 2022-2027
-
- Exhibit 67: Chart on US - Market size and forecast 2022-2027 ($
million)
- Exhibit 68: Data Table on US - Market size and forecast
2022-2027 ($ million)
- Exhibit 69: Chart on US - Year-over-year growth 2022-2027
(%)
- Exhibit 70: Data Table on US - Year-over-year growth 2022-2027
(%)
- 8.9 China - Market size and
forecast 2022-2027
-
- Exhibit 71: Chart on China -
Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on China - Market size and forecast 2022-2027 ($
million)
- Exhibit 73: Chart on China -
Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on China - Year-over-year growth 2022-2027
(%)
- 8.10 Germany - Market size and
forecast 2022-2027
-
- Exhibit 75: Chart on Germany -
Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Germany - Market size and forecast 2022-2027
($ million)
- Exhibit 77: Chart on Germany -
Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Germany - Year-over-year growth 2022-2027
(%)
- 8.11 UK - Market size and forecast 2022-2027
-
- Exhibit 79: Chart on UK - Market size and forecast 2022-2027 ($
million)
- Exhibit 80: Data Table on UK - Market size and forecast
2022-2027 ($ million)
- Exhibit 81: Chart on UK - Year-over-year growth 2022-2027
(%)
- Exhibit 82: Data Table on UK - Year-over-year growth 2022-2027
(%)
- 8.12 India - Market size and
forecast 2022-2027
-
- Exhibit 83: Chart on India -
Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on India - Market size and forecast 2022-2027 ($
million)
- Exhibit 85: Chart on India -
Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on India - Year-over-year growth 2022-2027
(%)
- 8.13 Market opportunity by geography
-
- Exhibit 87: Market opportunity by geography ($ million)
- Exhibit 88: Data Tables on Market opportunity by geography ($
million)
9 Drivers, Challenges, and Trends
- 9.3 Impact of drivers and challenges
-
- Exhibit 89: Impact of drivers and challenges in 2022 and
2027
10 Vendor Landscape
- 10.2 Vendor landscape
-
- Exhibit 90: Overview on Criticality of inputs and Factors of
differentiation
- 10.3 Landscape disruption
-
- Exhibit 91: Overview on factors of disruption
- 10.4 Industry risks
-
- Exhibit 92: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
-
- Exhibit 93: Vendors covered
- 11.2 Market positioning of vendors
-
- Exhibit 94: Matrix on vendor position and classification
- 11.3 Boston University
-
- Exhibit 95: Boston University -
Overview
- Exhibit 96: Boston University -
Product / Service
- Exhibit 97: Boston University - Key
offerings
- 11.4 Columbia University
-
- Exhibit 98: Columbia University -
Overview
- Exhibit 99: Columbia University -
Product / Service
- Exhibit 100: Columbia University -
Key offerings
- 11.5 Harvard University
-
- Exhibit 101: Harvard University -
Overview
- Exhibit 102: Harvard University -
Product / Service
- Exhibit 103: Harvard University -
Key news
- Exhibit 104: Harvard University -
Key offerings
- 11.6 Michigan Technological University
-
- Exhibit 105: Michigan Technological
University - Overview
- Exhibit 106: Michigan Technological
University - Product / Service
- Exhibit 107: Michigan Technological
University - Key offerings
- 11.7 New York Institute of Finance Inc.
-
- Exhibit 108: New York Institute of Finance Inc. - Overview
- Exhibit 109: New York Institute of Finance Inc. - Product /
Service
- Exhibit 110: New York Institute of Finance Inc. - Key
offerings
- 11.8 New York University
-
- Exhibit 111: New York University -
Overview
- Exhibit 112: New York University -
Product / Service
- Exhibit 113: New York University -
Key news
- Exhibit 114: New York University -
Key offerings
- 11.9 Southern New Hampshire University
-
- Exhibit 115: Southern New Hampshire
University - Overview
- Exhibit 116: Southern New Hampshire
University - Product / Service
- Exhibit 117: Southern New Hampshire
University - Key offerings
- 11.10 Stanford University
-
- Exhibit 118: Stanford University -
Overview
- Exhibit 119: Stanford University -
Product / Service
- Exhibit 120: Stanford University -
Key offerings
- 11.11 Temple University
-
- Exhibit 121: Temple University -
Overview
- Exhibit 122: Temple University -
Product / Service
- Exhibit 123: Temple University -
Key offerings
- 11.12 Tennessee Tech
-
- Exhibit 124: Tennessee Tech -
Overview
- Exhibit 125: Tennessee Tech -
Product / Service
- Exhibit 126: Tennessee Tech - Key
offerings
- 11.13 University of Arkansas
-
- Exhibit 127: University of Arkansas
- Overview
- Exhibit 128: University of Arkansas
- Product / Service
- Exhibit 129: University of Arkansas
- Key offerings
- 11.14 University of Cape Town
-
- Exhibit 130: University of Cape
Town - Overview
- Exhibit 131: University of Cape
Town - Product / Service
- Exhibit 132: University of Cape
Town - Key offerings
- 11.15 University of Illinois
-
- Exhibit 133: University of Illinois
- Overview
- Exhibit 134: University of Illinois
- Product / Service
- Exhibit 135: University of Illinois
- Key offerings
- 11.16 University of Pennsylvania
-
- Exhibit 136: University of
Pennsylvania - Overview
- Exhibit 137: University of
Pennsylvania - Product / Service
- Exhibit 138: University of
Pennsylvania - Key offerings
- 11.17 Yale University
-
- Exhibit 139: Yale University -
Overview
- Exhibit 140: Yale University -
Product / Service
- Exhibit 141: Yale University - Key
news
- Exhibit 142: Yale University - Key
offerings
12 Appendix
- 12.2 Inclusions and exclusions checklist
-
- Exhibit 143: Inclusions checklist
- Exhibit 144: Exclusions checklist
- 12.3 Currency conversion rates for US$
-
- Exhibit 145: Currency conversion rates for US$
- 12.4 Research methodology
-
- Exhibit 146: Research methodology
- Exhibit 147: Validation techniques employed for market
sizing
- Exhibit 148: Information sources
- 12.5 List of abbreviations
-
- Exhibit 149: List of abbreviations
About Us
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions. With over 500 specialized analysts,
Technavio's report library consists of more than 17,000 reports and
counting, covering 800 technologies, spanning across 50 countries.
Their client base consists of enterprises of all sizes, including
more than 100 Fortune 500 companies. This growing client base
relies on Technavio's comprehensive coverage, extensive research,
and actionable market insights to identify opportunities in
existing and potential markets and assess their competitive
positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download
multimedia:https://www.prnewswire.com/news-releases/alternative-non-credential-courses-market-size-to-grow-by-usd-8-624-66-million-from-2022-to-2027-rapid-penetration-of-internet-enabled-devices-to-be-a-major-market-trend---technavio-301835881.html
SOURCE Technavio