MOOC Market by Component (Platforms (XMOOC and CMOOC), Services), Course (Humanities, Computer Science and Programming, and Business Management), User Type (High School, Undergraduate, Postgraduate, and Corporate) and Region-Global Forecast to 2023

  • ID: 4720742
  • Report
  • Region: Global
  • 146 Pages
  • Markets and Markets
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The Author Expects the Global MOOC Market size to grow from USD 3.9 Billion in 2018 to USD 20.8 Billion by 2023, at a CAGR of 40.1%

FEATURED COMPANIES

  • Alison
  • EDX
  • Iversity
  • LinkedIn
  • NovoEd
  • Skillshare
  • MORE

"Increasing need for scalable open education to the MOOC market"

The author expects the global MOOC market size to grow from USD 3.9 billion in 2018 to USD 20.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 40.1% during the forecast period. The MOOC market is growing rapidly with an increasing need for scalable and economical open education to help learners access education platforms locally and globally. However, the low completion rate of the courses would limit the growth of the market.

"The postgraduate user type to grow at the highest CAGR during the forecast period"

Postgraduate involves learning and studying for academic degrees, academic certificates, academic diplomas, or other qualifications for which a bachelor's degree is generally required and is part of MOOC. The organization and structure of postgraduate education varies from region to region. The digital aspect of the education has changed the landscape of the education system.

"XMOOC platform type to be a larger segment of MOOC in 2018"

XMOOC design is used on large MOOC platforms and is based on a format of minimal, asynchronous support, with a subject expert recording content and planning assessments, such as multiple-choice quizzes, programming assignments, or peer-review exercises for the student group to absorb the topic and learn the subject in detail and adjust themselves to the platform format at the time of choosing the platform. The XMOOC approach allows the platform to repeatedly run the same classes throughout the year on a rolling recruitment basis, with the best performing students from the previous group asked to act as community teaching assistants for the upcoming group, thus providing forum moderation, technical support, and limited academic guidance.

"MOOC market in Asia Pacific (APAC) to grow at the highest CAGR during the forecast period"

The high growth of the MOOC market in APAC is attributed to the globalization, rapid economic developments, favorable government policies, and increasing digitalization in the region with the increasing interest of businesses toward technologies, such as BI, big data, and IoT. Rapid modernization and increased penetration of 4G mobile devices have accelerated the adoption of online surfers, ultimately leading to the growth of the MOOC market in APAC.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the MOOC market.

The following list provides the breakup of primary respondents’ profiles:

  • By Company – Tier 1–22%, Tier 2–30%, and Tier 3–48%
  • By Designation – C-Level–30%, Director Level–45%, and Others–25%
  • By Region – North America–42%, Europe–26%, APAC–20%, and RoW–12%

The MOOC market comprises major platform providers, such as Coursera (US), edX (US), Pluralsight (US), Edureka (India), Alison (Ireland), Udacity (US), Udemy (US), Miríadax (Spain), Jigsaw Academy (India), Simplilearn (US), iversity (Germany), Intellipaat (India), Edmodo (US), FutureLearn (UK), LinkedIn (US), NovoEd (US), Open2Study (Australia), WizIQ (India), Skillshare (US), XuetangX (China), Federica (Italy), Linkstreet Learning (India), Khan Academy (US), and Kadenze (Spain). The study includes in-depth competitive analysis of these key players in the MOOC market with their company profiles, recent developments, and key market strategies.

Research Coverage
The MOOC market revenue is primarily classified into revenues from platforms and services. Platform revenue is associated with its types while services’ revenue is associated with associated services. The services comprise consulting, implementation and training and support. The market is also segmented on the basis of course, user type, and region.

Key benefits of the report
The report would help the market leaders/new entrants in the MOOC market with the information on the closest approximations of the revenue numbers for the overall market and the subsegments. This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with the information on the key market drivers, restraints, challenges, and opportunities.

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FEATURED COMPANIES

  • Alison
  • EDX
  • Iversity
  • LinkedIn
  • NovoEd
  • Skillshare
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Segmentation
1.3.1 Regions Covered
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.3.3 Assumptions for the Study
2.4 Limitations of the Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the MOOC Market
4.2 Market By Component
4.3 Market Top 3 Segments
4.4 Market By Region
4.5 Market in Europe: Top 3 User Types and Country

5 MOOC Market Overview and Industry Trends
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Need for Scalable Open Education
5.1.1.2 Necessity for Cost-Effective Education Platforms
5.1.1.3 Increasing Requirement for Global Training
5.1.2 Restraints
5.1.2.1 Low Completion Rate
5.1.3 Opportunities
5.1.3.1 Mobility and Ease of Use
5.1.4 Challenges
5.1.4.1 Lack of Personalized Guidance and Mentorship
5.1.4.2 Inefficiency in Tracking and Validating the Progress
5.2 Industry Trends
5.2.1 MOOC: Use Cases
5.2.1.1 Use Case #1: Providing On-Demand Learning Opportunities to Worldpac’s Employees
5.2.1.2 Use Case #2: Improving Prisoners’ Engagement Using MOOC
5.2.2 Regulations
5.2.2.1 Payment Card Industry-Data Security Standard
5.2.2.2 Health Insurance Portability and Accountability Act
5.2.2.3 Aviation Industry Computer-Based Training Committee
5.2.2.4 Common Cartridge
5.2.2.5 Experience Api
5.2.2.6 Learning Tools Interoperability
5.2.2.7 Shareable Content Object Reference Model
5.2.2.8 European Union General Data Protection Regulation
5.2.3 Future Outlook

6 MOOC Market, By Component
6.1 Introduction
6.2 Platforms
6.2.1 XMOOC
6.2.1.1 Rise in College Fee and Shrinking Value of Undergraduate Degrees to Encourage Adoption of XMOOC Platforms
6.2.2 CMOOC
6.2.2.1 Flexibility in Scheduling Meetings and Organizing Learning Discussions to Increase
6.3 Services
6.3.1 Consulting
6.3.1.1 Increasing Need to Seamlessly Align MOOC Platforms and Meet Educational and Learning Queries
6.3.2 Implementation
6.3.2.1 Increasing Need of Universities and Organizations to Create Their Own Cost-Efficient Solutions
6.3.3 Training and Support
6.3.3.1 Need to Deploy and Implement Error-Free MOOCs

7 MOOC Market, By Course
7.1 Introduction
7.2 Humanities
7.2.1 Number of Partnerships to Increase and New Courses to Be Introduced
7.3 Computer Science and Programming
7.3.1 Enterprises to Adopt More Iot-Based Platforms to Upskill Their Workforce
7.4 Business Management
7.4.1 Government Initiatives, and Collaborations and Partnerships to Increase the Number of University Courses
7.5 Science
7.5.1 Number of Partnerships Among Universities and Solution Vendors to Increase
7.6 Health and Medicine
7.6.1 Availability of Credit-Based Courses to Increase
7.7 Education and Training
7.7.1 Number of Partnerships Between Corporates and Solution Vendors Leads to Increase
7.8 Engineering
7.8.1 Partnerships Between Solution Vendors and Engineering Industries to Complement Each Other
7.9 Others

8 MOOC Market, By User Type
8.1 Introduction
8.2 High School
8.2.1 Universities and Governments to Launch Initiatives for Online Courses
8.3 Undergraduate
8.3.1 Increasing Need to Reduce Attrition Rate and Disengagement of Students
8.4 Postgraduate
8.4.1 Education Sector to Undergo Digitalization
8.5 Corporate
8.5.1 Need to Enhance Skill Sets of Employees

9 MOOC Market, By Region
9.1 Introduction
9.2 North America
9.2.1 United States
9.2.1.1 Government to Increase Investments for Adopting MOOC Platforms
9.2.2 Canada
9.2.2.1 Universities in Canada to Adopt More MOOC Platforms and Services
9.3 Europe
9.3.1 Germany
9.3.1.1 Educational Institutions to Show More Inclination Toward the Adoption of MOOC Platforms
9.3.2 United Kingdom
9.3.2.1 The UK to Invest More in MOOC Platforms and Services to Enhance the Services of the Education Sector
9.3.3 France
9.3.3.1 Platform Providers to Engage More in Partnerships and Acquisitions to Enhance Their Offerings
9.3.4 Russia
9.3.4.1 Universities’ Initiatives to Certify Competencies Attract More MOOC Vendors
9.3.5 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.1.1 Japanese Universities to Create More Awareness of MOOC Platforms Among Learners
9.4.2 China
9.4.2.1 The Well-Established Infrastructure Industry to Support the Growth of MOOC Platforms and Services
9.4.3 Singapore
9.4.3.1 More Number of Companies to Engage With the Government to Launch More MOOC Platforms
9.4.4 India
9.4.4.1 Increasing Government Initiatives and Startup Ecosystem to Support the Adoption of MOOC Platforms
9.4.5 Australia
9.4.5.1 The Ongoing Digital Transformation in the Education Sector to Foster the Growth of MOOC Platforms
9.4.6 Rest of APAC
9.5 Latin America
9.5.1 Mexico
9.5.1.1 Increasing Adoption of Smartphones and 4g to Boost the Adoption of MOOC Platforms and Services
9.5.2 Brazil
9.5.2.1 The Increasing 4g Adoption Rate to Positively Impact the Adoption of MOOC Platforms
9.5.3 Rest of Latin America
9.6 Middle East and Africa
9.6.1 Middle East
9.6.1.1 Government Initiatives and New Inventions to Boost MOOC Adoption
9.6.2 Africa
9.6.2.1 Government Initiatives for Primary Education to Boost the Adoption of MOOC Platforms

10 Competitive Landscape
10.1 Microquadrant Overview
10.1.1 Visionaries
10.1.2 Innovators
10.1.3 Dynamic Differentiators
10.1.4 Emerging Companies
10.2 Competitive Benchmarking
10.2.1 Business Strategy Excellence Adopted By Major Players in the MOOC Market
10.2.2 Strength of Product Portfolio Adopted By Major Players in the MOOC Market
10.3 Competitive Scenario
10.3.1 New Product Launches and Product Upgradations
10.3.2 Partnerships and Collaborations
10.3.3 Acquisitions
10.3.4 Business Expansions

11 Company Profiles
11.1 Pluralsight
11.2 Coursera
11.3 EDX
11.4 Iversity
11.5 Udacity
11.6 LinkedIn
11.7 Futurelearn
11.8 Novoed
11.9 Udemy
11.10 Xuetangx
11.11 Alison
11.12 Edmodo
11.13 Edureka
11.14 Federica EU
11.15 Intellipaat
11.16 Jigsaw Academy
11.17 Kadenze
11.18 Khan Academy
11.19 Linkstreet Learning
11.20 Miríadax
11.21 My MOOC
11.22 Open2study
11.23 Simplilearn
11.24 Skillshare
11.25 Wiziq

12 Appendix
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables
Table 1 MOOC Market Size and Growth Rate, 2016–2023 (USD Million, Y-O-Y %)
Table 2 MOOC Market Size, By Component, 2016–2023 (USD Million)
Table 3 Platforms: Market Size By Region, 2016–2023 (USD Million)
Table 4 Platforms: Market Size By Type, 2016–2023 (USD Million)
Table 5 XMOOC Market Size, By Region, 2016–2023 (USD Million)
Table 6 XMOOC Market Size, By User Type, 2016–2023 (USD Million)
Table 7 CMOOC Market Size, By Region, 2016–2023 (USD Million)
Table 8 CMOOC Market Size, By User Type, 2016–2023 (USD Million)
Table 9 Services: Market Size, By Region, 2016–2023 (USD Million)
Table 10 Services: Market Size, By Type, 2016–2023 (USD Million)
Table 11 Consulting Market Size, By Region, 2016–2023 (USD Million)
Table 12 Implementation Market Size, By Region, 2016–2023 (USD Million)
Table 13 Training and Support Market Size, By Region, 2016–2023 (USD Million)
Table 14 MOOC Market Size, By Course, 2016–2023 (USD Million)
Table 15 Humanities: Market Size, By Region, 2016–2023 (USD Million)
Table 16 Computer Science and Programming: Market Size, By Region, 2016–2023 (USD Million)
Table 17 Business Management: Market Size, By Region, 2016–2023 (USD Million)
Table 18 Science: Market Size, By Region, 2016–2023 (USD Million)
Table 19 Health and Medicine: Market Size, By Region, 2016–2023 (USD Million)
Table 20 Education and Training: Market Size, By Region, 2016–2023 (USD Million)
Table 21 Engineering: Market Size, By Region, 2016–2023 (USD Million)
Table 22 Others: Market Size, By Region, 2016–2023 (USD Million)
Table 23 MOOC Market Size, By User Type, 2016–2023 (USD Million)
Table 24 High School: Market Size, By Platform, 2016–2023 (USD Million)
Table 25 High School: Market Size, By Region, 2016–2023 (USD Million)
Table 26 Undergraduate: Market Size, By Platform, 2016–2023 (USD Million)
Table 27 Undergraduate: Market Size, By Region, 2016–2023 (USD Million)
Table 28 Postgraduate: Market Size, By Platform, 2016–2023 (USD Million)
Table 29 Postgraduate: Market Size, By Region, 2016–2023 (USD Million)
Table 30 Corporate: Market Size, By Platform, 2016–2023 (USD Million)
Table 31 Corporate: Market Size, By Region, 2016–2023 (USD Million)
Table 32 MOOC Market Size, By Region, 2016–2023 (USD Million)
Table 33 North America: Market Size, By Component, 2016–2023 (USD Million)
Table 34 North America: Market Size, By Platform, 2016–2023 (USD Million)
Table 35 North America: Market Size, By Service, 2016–2023 (USD Million)
Table 36 North America: Market Size, By User Type, 2016–2023 (USD Million)
Table 37 North America: Market Size, By Course, 2016–2023 (USD Million)
Table 38 North America: Market Size, By Country, 2016–2023 (USD Million)
Table 39 Europe: MOOC Market Size, By Component, 2016–2023 (USD Million)
Table 40 Europe: Market Size, By Platform, 2016–2023 (USD Million)
Table 41 Europe: Market Size, By Service, 2016–2023 (USD Million)
Table 42 Europe: Market Size, By User Type, 2016–2023 (USD Million)
Table 43 Europe: Market Size, By Course, 2016–2023 (USD Million)
Table 44 Europe: Market Size, By Country, 2016–2023 (USD Million)
Table 45 Asia Pacific: MOOC Market Size, By Component, 2016–2023 (USD Million)
Table 46 Asia Pacific: Market Size, By Platform, 2016–2023 (USD Million)
Table 47 Asia Pacific: Market Size, By Service, 2016–2023 (USD Million)
Table 48 Asia Pacific: Market Size, By User Type, 2016–2023 (USD Million)
Table 49 Asia Pacific: Market Size, By Course, 2016–2023 (USD Million)
Table 50 Asia Pacific: Market Size, By Country, 2016–2023 (USD Million)
Table 51 Latin America: MOOC Market Size, By Component, 2016–2023 (USD Million)
Table 52 Latin America: Market Size, By Platform, 2016–2023 (USD Million)
Table 53 Latin America: Market Size, By Service, 2016–2023 (USD Million)
Table 54 Latin America: Market Size, By User Type, 2016–2023 (USD Million)
Table 55 Latin America: Market Size, By Course, 2016–2023 (USD Million)
Table 56 Latin America: Market Size, By Country, 2016–2023 (USD Million)
Table 57 Middle East and Africa: MOOC Market Size, By Component, 2016–2023 (USD Million)
Table 58 Middle East and Africa: Market Size, By Platform, 2016–2023 (USD Million)
Table 59 Middle East and Africa: Market Size, By Service, 2016–2023 (USD Million)
Table 60 Middle East and Africa: Market Size, By User Type, 2016–2023 (USD Million)
Table 61 Middle East and Africa: Market Size, By Course, 2016–2023 (USD Million)
Table 62 MEA: MOOC Market Size, By Subregion, 2016–2023 (USD Million)
Table 63 Market Ranking for the MOOC Market, 2018
Table 64 New Product Launches and Product Upgradations, 2016–2018
Table 65 Partnerships and Collaborations, 2016–2018
Table 66 Acquisitions, 2016–2018
Table 67 Business Expansions, 2016–2018

List of Figures
Figure 1 MOOC Market: Research Design
Figure 2 Market Bottom-Up Approach
Figure 3 Market Top-Down Approach
Figure 4 Global MOOC Market to Register Significant Growth During the Forecast Period
Figure 5 Market Snapshot, By Component, 2018 vs 2023
Figure 6 Market Snapshot, By Platform, 2018 vs 2023
Figure 7 Market Snapshot, By Service, 2018 vs 2023
Figure 8 Market Snapshot, By Course, 2018 vs 2023
Figure 9 Market Snapshot, By User Type, 2018–2023
Figure 10 Growing Internet Penetration to Be A Major Driver for the MOOC Market
Figure 11 Services Segment to Grow at A Higher CAGR During the Forecast Period
Figure 12 Services Segment to Grow at the Highest CAGR During the Forecast Period
Figure 13 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 14 Corporate User Type and the United Kingdom to Hold the Highest Market Shares in 2018
Figure 15 MOOC Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Services Segment to Grow at A Higher CAGR During the Forecast Period
Figure 17 Education and Training Segment to Grow at the Highest CAGR During the Forecast Period
Figure 18 Postgraduate Segment to Grow at the Highest CAGR During the Forecast Period
Figure 19 Asia Pacific to Emerge as A New Hotspot in 2023
Figure 20 North America: Market Snapshot
Figure 21 Asia Pacific: Market Snapshot
Figure 22 MOOC Market (Global), Competitive Leadership Mapping, 2018
Figure 23 Key Developments By Leading Players in the MOOC Market, 2015–2018
Figure 24 Pluralsight: Company Snapshot
Figure 25 SWOT Analysis: Pluralsight
Figure 26 SWOT Analysis: Coursera
Figure 27 SWOT Analysis: EDX
Figure 28 SWOT Analysis: Iversity
Figure 29 SWOT Analysis: Udacity

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  • Alison
  • Coursera
  • EDX
  • Edmodo
  • Edureka
  • Federica EU
  • Futurelearn
  • Intellipaat
  • Iversity
  • Jigsaw Academy
  • Kadenze
  • Khan Academy
  • LinkedIn
  • Linkstreet Learning
  • Miríadax
  • My MOOC
  • NovoEd
  • Open2Study
  • Pluralsight
  • Simplilearn
  • Skillshare
  • Udacity
  • Udemy
  • WizIq
  • Xuetangx
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