MOOC Market Poised for Growth with Increasing Focus on Lifelong Learning and Upskilling

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North America region held the highest share in 2023.

MOOC Market Overview:

The MOOC Market has been thoroughly analysed in a recent report published by MMR. Offering a strategic analysis, the report covers a wide array of vital aspects, including top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors. 

Growth Potential of MOOC Market:

MOOC Market size was valued at US$ 20.53 Bn. in 2023 and the total revenue is expected to grow at 39.20% through 2024 to 2030, reaching nearly US$ 207.92 Bn.

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MOOC Market Report Scope and Research Methodology:

MOOC Market report offers a detailed analysis of the global MOOC industry. It classifies the market based on offerings, deployment mode, application, end-user industry, and region, providing valuable insights for stakeholders. The analysis also includes an in-depth assessment of past market dynamics spanning from 2018 to 2022, enabling readers to compare past trends with current market scenarios and better grasp the impact of key players.

MOOC Market Regional Insights:

North American region emerged as the leader, closely followed by Europe and the Asia Pacific. The Asia Pacific region, fueled by rapid technological advancements, is expected to experience substantial growth throughout the forecast period.

MOOC Market Segmentation:

by Component

Platforms
XMOOC
CMOOC
Service

The global MOOC market is divided into Platforms and Services based on the Component. In 2022, the Platforms category had the biggest market share. XMOOC and CMOOC are sub-segments of the Platforms segment. The XMOOC configuration is utilised on large MOOC platforms and is centred on a minimal, flexible support template. Professionals record the subject matter and schedule assessments, like programming assignments, multiple-choice tests, or peer-reviewed exercises, so that the student group can grasp the topic and learn it thoroughly while adapting to the platform template at the time of registration.

by Course

Humanities
Computer Science and Programming
Business Management

by User Type

High School
Undergraduate
Postgraduate
Corporate

The global MOOC market is divided into four segments based on the kind of user: Undergraduate, Postgraduate, High School, and Corporate. In 2023, Corporate had the largest market share in the MOOC space. Through education and training, students acquire knowledge, values, attitudes, habits, and skills that they can use in a variety of enterprises. In a time of constant advancement where professionals must adjust to modern technology, education and training programs help instructors, trainers, lecturers, and teachers enhance their teaching or training abilities. Faculty and teaching staff at universities and colleges are also prepared by these MOOC courses to comprehend the contemporary educational approaches that students are demanding.

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MOOC Market 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

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Key questions answered in MOOC Market are:

  • What is the demand pattern for the MOOC market?
  • What is the expected MOOC Market size by the end of the forecast period?
  • What are the global trends in the MOOC Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for MOOC Market? 
  • How is the intervention from regulatory authority is shaping the MOOC Market?

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