Massive Market Driven by Global Worker Demographic Shift
Global shortage of educated and skilled workers creating 300m worker gap in the coming years. Internet and software offerings addressing skills and language training will fill this gap, currently $55Bn+ annually but expected to growth long-term at healthy rates.
Growing Employee and Gig Economy Demand for Skills Certification
Proven rates of increased earnings and lower unemployment for employees with certifications. The rise of the $1.5Tn independent workforce has also increased the importance certifications for freelancers.
Accreditation Bodies & Testing Platforms Increasingly Important with Globalization
The importance of awarding bodies has increased with globalization and the growth of the digital economy, in turn increasing the importance of exam delivery technology and person certification companies.