MOOC Market Market Overview
The global MOOC market was estimated at US$ 14.75 Bn in 2022, and it is expected to reach US$ 14.42 Billion by 2029, growing at a CAGR of 39.20% over the forecasting period of 2023-2029. A massive open online course (MOOC) is a type of online course that provides interested applicants with open access and direct participation via the Internet. MOOCs provide users with course resources such as lectures, study materials, videos, and problem sets that would normally be found in a traditional educational context. MOOCs also include interactive user forums, which are extremely valuable for students, classroom teachers, and instructors in developing a community.
MOOC Market Market Dynamics
The desire for open education that is readily accessible for employees and students grows as technology advances and smartphones become more widely used. This factor is expected to propel the worldwide MOOC market further in the coming years. With the availability of free educational resources and tools in the virtual world, these courses promise learners a plethora of cheaper and more accessible educational alternatives. According to a new Class Central analysis, Class Central is a company that tunes large-scale open online courses. One-third of all learners who have subscribed for a MOOC did so last year. As the biggest MOOC provider, Coursera has nearly quadrupled its number of innovative registered users, going from 8 million in 2022 to 31 million in 2022, a 387 percent increase. Coursera is a platform with 76 million users.
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Segmentation
by Component Platforms
XMOOC
CMOOC
Service
by Course Humanities
Computer Science and Programming
Business Management
by User Type High School
Undergraduate
Postgraduate
Corporate
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Key Players
1. 2U Inc.
2. Academic Partnerships
3. Apple Inc.
4. Cengage Learning
5. Course360
6. Codecademy
7. Coursera Inc.
8. Degreed
9. Education Portal
10. edX
11. Elsevier
12. Embanet-Compass, LLC
13. FutureLearn, Ltd.
14. Instructure Inc.
15. Khan Academy
16. Lynda.com, Inc.
17. Piazza Technologies, Inc.
18. ProctorU Inc.
19. SMARTHINKING, Inc.
20. StraighterLine
21. The Saylor Foundation
22. Udacity, Inc.
23. Udemy.com)
Regional Analysis
North America dominates the Global MOOC market during the forecast period 2023-2029. North America held the largest market share of xx% in 2022 and it is expected to grow at the highest CAGR of 35% in the global MOOC market during the forecast period. Because of the existing infrastructure that allows the MOOC market's adoption Universities in the United States are also giving students the option of enrolling in a standard on-campus course or signing up for a parallel version of classes that may be attended online. Several colleges in the United States also allow MOOCs to count toward the completion of a final decree, which is expected to be a lucrative business potential over the forecasted time period.
North America (United States, Canada, and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key Questions answered in the MOOC Market Market Report are:
- Which region has the largest share in Global MOOC Market?
- What is the growth rate of the Global MOOC Market?
- What is the scope of the Global MOOC market report?
- Who are the key players in the Global MOOC market?
- What is the study period of this market?
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Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by MOOC Market#
- Landscape- Leading key players and other prominent key players.
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