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Alternative Credentials Market for Higher Education to grow by USD 1.8 Billion from 2025-2029, driven by skills gap expansion, Report on AI-powered market evolution – Technavio

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global alternative credentials market for higher education size is estimated to grow by USD 1.8 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  15.3%  during the forecast period. Widening skills gap is driving market growth, with a trend towards rise in non-traditional offerings. However, threat from traditional degree program providers  poses a challenge. Key market players include 2U Inc., Bisk Ventures, Carroll Community College Foundation Inc., City and Guilds Group, Coursera Inc., Credly Inc., JPMorgan Chase and Co., New York State Education Department, NIIT Ltd., NorthEastern University, Pearson Plc, Purdue University Global, Simplilearn, Strategic Education Inc., Temple University, Udacity Inc., Udemy Inc., University of Michigan, University Professional and Continuing Education Association, and XuetangX.

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Alternative Credentials Market For Higher Education Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 15.3%

Market growth 2025-2029

USD 1837.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

13.3

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 51%

Key countries

US, Germany, UK, China, Canada, France, Italy, India, Japan, and South Korea

Key companies profiled

2U Inc., Bisk Ventures, Carroll Community College Foundation Inc., City and Guilds Group, Coursera Inc., Credly Inc., JPMorgan Chase and Co., New York State Education Department, NIIT Ltd., NorthEastern University, Pearson Plc, Purdue University Global, Simplilearn, Strategic Education Inc., Temple University, Udacity Inc., Udemy Inc., University of Michigan, University Professional and Continuing Education Association, and XuetangX

Market Driver

Digital badges and micro-credentials are becoming increasingly popular in the higher education sector. These non-traditional credentials validate and attest to specific skills and competencies, providing flexible learning opportunities for adult learners. With flexible timespans and various formats like online, hybrid, and customized programs, these credentials cater to the demands of the workforce and professional learning. Employers value these credentials for their portability, transferability, and practical value in addressing skill gaps and career advancement. Tech companies like TechCred and Microsoft are leading the way in this digital transformation, offering credit-bearing and non-credit stackable credentials. Traditional degrees and certificates still hold importance, but alternative credentials provide a more accessible and flexible pathway for learners. These credentials offer rigorous learning outcomes and are relevant to technology jobs and other in-demand professions. Post-secondary institutions are innovating by offering these alternative credentials to meet the needs of the knowledge-based economy and the Great Resignation. The revenue growth potential is significant as learners seek to upskill and reskill for employment opportunities. Accessibility, flexibility, and practical value are key benefits of alternative credentials. Blockchain technology and machine learning are enhancing the learning experience by providing personalized learning paths and digital badges for completion of learning activities. Employers are recognizing the value of these non-traditional credentials, making them an essential component of professional development and continuing education for non-matriculated students. The future of education is about providing relevant skills for the labor market and preparing professionals for career-oriented opportunities. 

The alternative credentials market in higher education is experiencing significant growth as learners seek flexible and affordable educational opportunities. This market encompasses various non-traditional offerings, such as graduate and undergraduate certificate programs, training courses, continuing education units, and micro-credentials. These programs are issued through an alternative credentialing system and are accessible via channels distinct from those offering traditional degrees. Providers of these courses include baccalaureate colleges, universities, community colleges, and doctorate-granting universities, operating in both public and private sectors. The agility of these programs allows providers to create and launch non-credit courses more swiftly than traditional degree programs, as they do not adhere to regulatory mandates. 

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 Market Challenges

Alternative credentials, such as digital badges and micro-credentials, are gaining popularity in higher education as they offer flexible and practical solutions for adult learners seeking to upskill or reskill for the changing workforce. These non-traditional credentials validate and attest to specific skills and competencies, making them highly portable and transferable across industries. Unlike traditional degrees with long timespans, alternative credentials offer flexible learning pathways, including online and hybrid options, that cater to the needs of professional learners. Employers value these credentials for their relevance to workforce demands and rigorous learning outcomes. TechCred, stackable credentials, and micro-credentials are becoming increasingly important in tech jobs, where skills gaps and digital transformation are driving employment opportunities. Post-secondary institutions are responding by offering customized programs and credit-bearing and non-credit options to meet the diverse needs of their audience. The challenges of validating and attesting these credentials are being addressed through digital badges and blockchain technology, ensuring portability, transferability, and employer recognition. With the Great Resignation and the increasing importance of lifelong learning in a knowledge-based economy, alternative credentials offer flexible and accessible educational opportunities for professionals seeking career advancement and employment opportunities.The alternative credentials market in higher education is experiencing instability due to the increasing collaboration between education service providers and institutions offering hybrid programs and courses. These alternative credentials provide a flexible and cost-effective solution for students, allowing them to focus on relevant courses for their career goals. However, this market faces competition from traditional degree programs, which are enhancing their offerings through evolving learning methodologies and digitalization. Despite the advantages of alternative credentials, the formal education segment remains a significant challenge.

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Segment Overview 

This alternative credentials market for higher education report extensively covers market segmentation by  

Product 1.1 Non-credit training courses1.2 Non-credit certificate programs1.3 Digital badges1.4 Competency-based education1.5 Boot campsType 2.1 Online2.2 Blended2.3 Face to faceGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Non-credit training courses-  Non-credit training courses are educational programs that provide specific skills and knowledge without granting academic credit. These courses, often in fields like coding, web development, data science, cybersecurity, and artificial intelligence, are highly sought after due to the increasing industry demand for tech expertise. Participants receive certificates upon completion and assessment tests by standard-setting organizations. Carroll Community College, in partnership with ed2go, offers non-credit courses in various fields, including healthcare and entrepreneurship. In-demand healthcare courses include medical coding, billing, administration, and specialized skills. Business courses cover entrepreneurship, finance fundamentals, and strategic planning. These factors are expected to fuel the growth of non-credit training courses in the global alternative credentials market for higher education.

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Research Analysis

The Alternative Credentials Market for Higher Education refers to non-traditional forms of education that validate skills, competencies, and knowledge through certificates, digital badges, and microcredentials. These credentials offer flexible timespans, professional learning opportunities, and cater to adult learners, lifelong learners, and non-matriculated students. They come in various formats such as online, hybrid, and professional education, and can be credit-bearing or non-credit. The curriculum is designed to meet workforce demands, and these credentials are stackable, allowing learners to build upon previous achievements. They offer portability and transferability, enabling learners to apply their credentials to various industries and careers. Professional development and continuing education are essential aspects of these programs, ensuring learners stay updated with the latest industry trends. Accreditation ensures the quality and value of these credentials, making them a valuable addition to a learner’s professional profile.

Market Research Overview

Alternative credentials in higher education refer to non-traditional certificates, badges, and micro-credentials that validate skills and competencies, often in a flexible and tech-driven learning environment. These credentials cater to adult learners seeking professional development, lifelong learning, and career advancement. They offer flexible timespans, online and hybrid learning options, and customized programs to address workforce demands and skill gaps. Micro-credentials and digital badges provide practical value and portability, enabling learners to showcase their achievements to employers. They can be stacked and transferred, offering flexible pathways to degree attainment or upskilling. Curriculum is often industry-aligned, with rigorous learning outcomes that meet employer needs. Technology plays a significant role in the digital transformation of alternative credentials, with machine learning and blockchain technology enhancing accessibility, flexibility, and workplace value. Employers increasingly recognize the relevance of these non-traditional credentials for talent acquisition and career development, making them essential components of a knowledge-based economy.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductNon-credit Training CoursesNon-credit Certificate ProgramsDigital BadgesCompetency-based EducationBoot CampsTypeOnlineBlendedFace To FaceGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

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.

Contacts

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/

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SOURCE Technavio

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Trident Systems Recognized by Northrop Grumman with Supplier Excellence Award

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FAIRFAX, Va., March 4, 2025 /PRNewswire/ — Northrop Grumman Corporation (NYSE:NOC) has recognized Trident Systems, a LightRidge Solutions Company, as one of its top supplier partners during the company’s Supplier Excellence Awards.

“Trident has supported Northrop Grumman in delivering technologies that enhance national security for the U.S. and our allies,” said Ken Brown, vice president, enterprise global supply chain, Northrop Grumman. “The high-quality performance, dedication and partnership of our supplier teams drive operational excellence to ensure warfighters have next generation advantages in advanced weapons, aircraft, missile defense and space.”

Recognized for Strategic Excellence, Trident is instrumental in supporting Northrop Grumman by delivering innovative and cost-effective military and security solutions to give its customers the advantage in a complex world.

“We are honored to be recognized by Northrop Grumman as a partner delivering strategic excellence,” said Daniel Hibbard, president of space electronic systems at Trident Systems. “Our partners turn to us to provide purpose-built solutions for their most challenging missions. We pride ourselves on the flexibility and interoperability of our open architecture systems allowing ease and speed of integration with third-party parts, keeping cost down for our customers while delivering proven and reliable flight units on schedule.”

Learn more about Trident’s leading-edge space solutions.

About Trident Systems
Trident Systems has cemented its reputation for over three decades as a leader in multi-function space electronics and integrated C4ISR solutions. Using a rapid response, radiation effects-mitigated design approach for deployment in harsh environments, Trident has delivered semi-custom, high-performance mission computing solutions at significantly lower cost than traditional space processors. The company is also relied upon by a range of military and federal organizations dedicated to the design, development and deployment of innovative command and control systems for the safety and survivability of our armed forces and for the protection of the National Capital Region. For more information, please visit https://tridsys.com/.

About LightRidge Solutions
LightRidge Solutions brings leading capabilities that address demanding national security space and defense needs. Our capabilities include advanced space payloads and on-orbit processing technologies, multi-orbit space domain awareness and protection systems, laser communications and airborne survivability systems, as well as mission autonomy software. LightRidge’s innovative and highly reliable purpose-built systems provide high performance at lower costs and on shorter delivery schedules than traditional systems. These systems enable the transition to more resilient and affordable space architectures for the U.S. military and intelligence communities, as well as select commercial and international customers. For more information, please visit https://www.lightridgesolutions.com/ and visit us on LinkedIn.

Contact: Diane Hockenberry       
703-244-0226

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SOURCE LightRidge Solutions Holding LLC

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Canada launches first-ever Artificial Intelligence Strategy for the federal public service

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WATERLOO, ON, March 4, 2025 /CNW/ – Artificial intelligence (AI) has the potential to significantly improve government operations and services for Canadians. The safe, ethical and responsible use of AI is a priority for the federal government.

Today, the Honourable Ginette Petitpas Taylor, President of the Treasury Board, launched Canada’s first AI Strategy for the federal public service at the University of Waterloo, a hub for emerging technology and Canadian talent. Announcing the Strategy at the Waterloo Data and Artificial Intelligence Institute underscores the government’s commitment to research and innovation in AI to improve digital service delivery.

The Strategy was developed through extensive engagement with stakeholders, including the public and experts from a range of disciplines. Involving Canadians in its development was a key feature to ensure it reflected the democratic values we continue to prioritize today.

Accordingly, the Strategy will advance 4 key priority areas: establishing an AI Centre of Expertise to support and to help coordinate government-wide AI efforts; ensuring AI systems are secure and used responsibly; providing training and talent development pathways; and building trust through openness and transparency in how AI is used.

The Government of Canada will use AI to enhance its scientific and research capabilities, improve the productivity of its workforce, and deliver enhanced digital services to Canadians. This work will strengthen Canada’s role as a leader in AI.

Through this Strategy, the government will be able to implement AI more efficiently by removing barriers to AI adoption that exist in departmental processes and legacy systems. It will promote more effective collaboration between government departments to identify successful AI-driven initiatives and implement them more widely. As well, the Strategy strengthens transparency and accountability for the responsible use of AI, ensuring the development of AI solutions that are ethical, inclusive, and responsive to the needs of the public.

Quote

“Today’s announcement positions Canada as a global leader in the responsible use of AI in the public service. With the first-ever AI Strategy for the public service, we’re laying the groundwork to leverage the potential of this technology to deliver the best possible services to Canadians.”

–       The Honourable Ginette Petitpas Taylor, President of the Treasury Board

Quick Facts

The AI Strategy supports Canada’s Digital Ambition, which outlines how the government will provide Canadians with modern services that are secure, reliable, user-centric and barrier-free. 

From May to October 2024, as part of the development of the Strategy, the Government of Canada sought input from various groups through engagement and consultation, and in January 2025 published a “What We Heard” report summarizing the views shared by Canadians.

Every 2 years, the government will aim to update the Strategy to ensure it remains relevant and responsive.

Guide on the use of Generative AI is available for public servants to assess the risks associated with generative AI and use it responsibly.

Associated Links

AI Strategy for the Federal Public ServiceStatement from the President of the Treasury Board on advancing digital government – Canada.caMinister Anand launches public consultations on Canada’s first artificial intelligence strategy for the federal public service – Canada.caMinister Anand hosts AI roundtable to inform the first-ever artificial intelligence strategy for the federal public service – Canada.caResponsible use of artificial intelligence in government – Canada.ca

Stay connected
X: @TBS_Canada
Facebook: https://www.facebook.com/TBSCanada
LinkedIn: https://www.linkedin.com/company/tbs-sct/

SOURCE Treasury Board of Canada Secretariat

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Dr. Randi Boyette Joins American Med Spa Association as Corporate Development Advisor

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The American Med Spa Association (AmSpa) proudly welcomes Randi Boyette, PhD, as its new Corporate Development Advisor. With an extensive background in medical aesthetics, business strategy, marketing, and technology, Dr. Boyette will play a pivotal role in expanding AmSpa’s reach, fostering strategic partnerships, and enhancing the resources available to medical spa professionals nationwide.

CHICAGO, March 4, 2025 /PRNewswire-PRWeb/ — Dr. Boyette has spent her career at the intersection of medical aesthetics, corporate growth, and business development. She has worked with thousands of medical spas and clinics, helping them scale, refine operations, and optimize profitability. Her expertise in guiding businesses through market changes, implementing high-impact growth strategies, and aligning organizations with emerging trends makes her a valuable addition to the AmSpa leadership team.

“AmSpa has been instrumental in shaping the medical aesthetics industry by providing critical education, legal guidance, and business strategies,” said Dr. Boyette.

“AmSpa has been instrumental in shaping the medical aesthetics industry by providing critical education, legal guidance, and business strategies,” said Dr. Boyette. “I am honored to join this team and look forward to helping AmSpa members strengthen their businesses and navigate the evolving aesthetics landscape.”

As the industry continues to evolve, AmSpa remains committed to delivering innovative resources and opportunities that empower medical spa professionals to grow their businesses while staying compliant with industry regulations. Dr. Boyette’s appointment further strengthens AmSpa’s ability to support members with expert-driven insights and high-level strategic development.

Alex Thiersch, JD, Founder and CEO of AmSpa, shared his enthusiasm: “Randi has played a major role in shaping the aesthetics industry, not just through marketing but by directly helping practices scale and succeed. Her experience, connections, and hands-on approach will be a tremendous asset to our members.”

About the American Med Spa Association (AmSpa)
The American Med Spa Association (AmSpa) provides business, legal and clinical training and resources to medical spas and aesthetic practices throughout the country. AmSpa’s events—including Medical Spa Boot Camps, Academy for Injection Anatomy trainings and Medical Spa Show—provide business and legal best-practices to anyone entering the medical spa space or looking to improve their existing practice. AmSpa Members receive access to legal summaries of laws governing medical spas in their state, discounts, a robust and growing webinar library, and many other benefits. For more information visit http://www.americanmedspa.org, call 312-981-0993, or email info@americanmedspa.org.

Media Contact

Karen Spinelli, AmSpa, 872-246-0300, karen@americanmedspa.org, www.americanmedspa.org

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SOURCE AmSpa

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