MOOC (Massive Open Online Course), can be described as the online courses that have an open education platform and can reach an unlimited amount of participants. It contains the videos of traditional forms of lectures with complete course materials and promotes community interactions between the learners and the professionals.
Market Analysis: Global MOOC Market
Global MOOC market is expected to witness significant growth in the forecast period of 2019-2026, growing at a CAGR of 40.55%. This is expected to raise the estimated market value from USD 4.3 billion in 2018 to an estimated value of USD 65.48 billion in 2026. This growing trend can be attributed to the growing demand of cheaper e-learning platforms and ability of reaching a broader student base.
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Key Developments in the Market:
- In October 2018, edX Inc. announced the introduction of nine programs for the master’s degree available for learning from the top institutions from around the world strengthening its program providing capabilities.
- In March 2018, Coursera Inc. announced that it is adding six new courses from five universities from around the world which are expected to be cheaper and reach a broader student base in comparison to the traditional physical forms of studying and learning these courses.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
Major Market Competitors/Players: Global MOOC Market
Pluralsight LLC, Coursera Inc., edX Inc., iversity, Udacity Inc., LinkedIn, FutureLearn, NovoEd, Udemy Inc., MOOC-CN Information Technology (Beijing) Co Ltd., Alison, Edmodo, Brain4ce Education Solutions Pvt. Ltd., Federica Weblearning, INTELLIPAAT.COM, Jigsaw Academy Education Pvt Ltd., Kadenze Inc., Khan Academy, Linkstreet Learning, Miríadax, My Mooc, Simplilearn Solutions, Skillshare Inc., WizIQ Inc. and Others
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Competitive Analysis: Global MOOC Market
Global MOOC market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of MOOC market for global, Europe, North America, Asia Pacific and South America.
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global MOOC Market Landscape
Part 04: Global MOOC Market Sizing
Part 05: Global MOOC Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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- Growing need for cheaper and able to reach a broader student base learning platforms is expected to drive the market growth
- Easier way of learning and wider reach of e-learning is also expected to drive the market growth
- Lower completion rate and degree earning as compared to the traditional form of learning is expected to restrain the market growth
- Absence of personalized path of learning system and guidance is also expected to restrain the market growth
Segmentation: Global MOOC Market
- By Component
- Training & Support
- By Course
- Computer Science & Programming
- Business Management
- Health & Medicine
- Education & Training
- By User Type
- High School
- By Geography
- North America
- South America
- Middle East and Africa
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