Increasing need for scalable open education to the MOOC market MarketsandMarkets 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.
Our reports have been used by over 10K customers, including:
This market research report on Latin America e-learning market offer analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by delivery mode (packaged content, LMS, and others), by learning mode (self-paced and instructor-led), by type...
101 pages •
By Infiniti Research Limited
• Nov 2018
About this market The rising advent of BOYD in the higher education sector is likely to boost growth in the market. The implementation of BYOD policy in educational institutions reduces the capital expenses required to produce equipment and allows students to use their own devices. Technavio’s analysts have predicted that...
This IDC study presents an update to the worldwide and U.S. IT education and training services forecast for 2018-2022. The forecast includes an analysis of the regional drivers of IT education growth and delivery modalities and illustrates several technology areas that will influence training growth for the forecast period. The study also...
103 pages •
By Infiniti Research Limited
• Nov 2018
About this market The rise in the adoption of advanced technologies to help the market grow during the forecast period. The adaptation to the rapid changes in higher education requires the tracking and understanding of the domestic and international shifts in needs. Many of the developed countries in the world, such as...
106 pages •
By Infiniti Research Limited
• Nov 2018
About this market The rising influence of data analytics in digital education is expected to drive growth in the digital education content market. The adoption of data analytics such as Big Data in digital educational publishing has witnessed significant growth over the last few years. Several vendors are bundling data...
This IDC Market Perspective presents results from a series of interviews with large European employers on issues around hiring, retention, and upskilling -- and the skills that are needed now and in the next few years. Europe is facing a talent crisis. There has long been excess demand for IT skills, but the strong digital transformation trend...
Trade off: Increasing university costs and declining unemployment will lower industry demand Abstract Trade & Technical Schools in the US The Trade and Technical Schools industry has faltered in recent years largely due to an improving job market, slow growth in federal funding and increased scrutiny...
Business, Computer, Employee and Professional & Management Development Training Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2025, NAIC 611400 Vital industry-specific data including metrics, benchmarks, historic numbers, growth rates and forecasts that will save countless...
Rising need for data-driven decisions to improve quality of education is driving the growth of the market MarketsandMarkets estimates the global education and learning analytics market to grow from USD 2.6 billion in 2018 to USD 7.1 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 22.6% during the forecast period....
Colleges, Universities and Other Higher Degree Granting Institutions Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2025, NAIC 611300 Vital industry-specific data including metrics, benchmarks, historic numbers, growth rates and forecasts that will save countless hours of...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.