The alternative credentials market for higher education is set to grow by USD 2,275.05 million from 2022 to 2027, progressing at a CAGR of 17.8% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the widening skill gap. There are a large number of graduate and post-graduate degree holders in the employment market. However, only a few are employable due to the disparity in skill sets. In addition, the growing competition has led to an increased demand for specific skills that provide employment readiness. Alternate credentials allow students to acquire non-traditional skills and help them stand out from the crowd. For recruiters, alternate credentials offer a way of easily verifying student achievements and checking for suitability for the job. All these factors are driving the growth of the market.
https://finance.yahoo.com/news/alternative-credentials-market-size-higher-210500518.html
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