Rising need for internationally acceptable, scalable, and economical educational platform to cater to the need of learners across the globe is a key factor driving market revenue growth.
Market Size - USD 5.39 Billion in 2020, Market Growth - CAGR of 35.3%, Market Trends - Increasing number of enrollment in studies related to healthcare, public health, and public administration and management, especially since COVID-19 pandemic.
The global massive online open course (MOOC) market size is expected to reach USD 59.63 Billion in 2028, and register a CAGR of 35.3% during the forecast period. Increasing technological advancements and growing accessibility to smartphones and Internet are factors creating demand for open education platform for faculty and students, which in turn, is expected to drive growth of the global massive online open course (MOOC) market.
However, lack challenges in personal guidance and mentorship to students is a factor that could hamper market growth to some extent.
Some Key Findings From the Report:
For the purpose of this report, the global massive online open course (MOOC) market has been segmented on the basis of component, subject type, provider type, end use, and region:
Component Outlook
Provider Type Outlook
Subject Type Outlook
End Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 5.39 Billion in 2020, Market Growth - CAGR of 35.3%, Market Trends - Increasing number of enrollment in studies related to healthcare, public health, and public administration and management, especially since COVID-19 pandemic.
The global massive online open course (MOOC) market size is expected to reach USD 59.63 Billion in 2028, and register a CAGR of 35.3% during the forecast period. Increasing technological advancements and growing accessibility to smartphones and Internet are factors creating demand for open education platform for faculty and students, which in turn, is expected to drive growth of the global massive online open course (MOOC) market.
However, lack challenges in personal guidance and mentorship to students is a factor that could hamper market growth to some extent.
Some Key Findings From the Report:
- Among the component segments, the services segment accounted for the largest revenue share of 55.6% in 2020.
- Among the end user segments, the high school students segment accounted for major revenue share in 2020, followed by the corporates segment.
- Among the subject type segments, the engineering and technology segment accounted for major revenue share in 2020.
- North America market accounted for the largest revenue share in 2020, followed by the Asia Pacific market. In addition, the Asia Pacific market size was USD 1.23 Billion in 2020.
- Key players profiled in the report include Canvas Networks Inc., edX Inc., Udacity Inc., Coursera Inc., Udemy Inc., Intellipaat, Edureka, Khan Academy, Pluralsight, and FutureLearn. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
- In June 2020, UVA Darden launched a new digital management product specialization MOOC on Coursera.
- In April 2019, Coursera gained USD 103 million funds from Australia-based education investment firm SEEK.
For the purpose of this report, the global massive online open course (MOOC) market has been segmented on the basis of component, subject type, provider type, end use, and region:
Component Outlook
- Platform
- Services
Provider Type Outlook
- Private Firms
- University
- Government Organization
- Others
Subject Type Outlook
- Engineering & Technology
- Business Management
- Science
- Humanities & Social Sciences
- Others
End Use Outlook
- High School Students
- Undergraduates
- Postgraduates
- Corporates
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Massive Online Open Course (MOOC) Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Massive Online Open Course (MOOC) Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Massive Online Open Course Segmentation & Impact Analysis
Chapter 5. Massive Online Open Course Market By Type Insights & Trends
Chapter 6. Massive Online Open Course Market By Provider Type Insights & Trends
Chapter 7. Massive Online Open Course Market By Subject Type Insights & Trends
Chapter 8. Massive Online Open Course Market By End-Users Insights & Trends
Chapter 9. Massive Online Open Course Market Regional Outlook
Chapter 10. Competitive Landscape
Chapter 11. Company Profiles
Companies Mentioned
- Canvas Networks Inc.
- edX Inc.
- Udacity Inc.
- Coursera Inc.
- Udemy Inc.
- Intellipaat
- Edureka
- Khan Academy
- Pluralsight
- FutureLearn,
