The Global MOOC Market is Forecast to Reach $20.8 Billion by 2023 from $3.9 Billion in 2018 - Analysis by Component, Course, User Type and Region - ResearchAndMarkets.com

DUBLIN--()--The "MOOC Market by Component (Platforms (XMOOC and CMOOC), Services), Course (Humanities, Computer Science and Programming, and Business Management), User Type (High School, Undergraduate, Postgraduate, and Corporate) and Region-Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global MOOC market size is projected 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.

Key Highlights

  • The postgraduate user type to grow at the highest CAGR during the forecast period
  • XMOOC platform type to be a larger segment of MOOC in 2018
  • MOOC market in Asia Pacific (APAC) to grow at the highest CAGR during the forecast period

Market Dynamics

Drivers

  • Need for Scalable Open Education
  • Necessity for Cost-Effective Education Platforms
  • Increasing Requirement for Global Training

Restraint

  • Low Completion Rate

Opportunity

  • Mobility and Ease of Use

Challenges

  • Lack of Personalized Guidance and Mentorship
  • Inefficiency in Tracking and Validating the Progress

Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 MOOC Market Overview and Industry Trends

6 MOOC Market, By Component

7 MOOC Market, By Course

8 MOOC Market, By User Type

9 MOOC Market, By Region

10 Competitive Landscape

11 Company Profiles

  • Alison
  • Coursera
  • EDX
  • Edmodo
  • Edureka
  • Federica EU
  • Futurelearn
  • Intellipaat
  • Iversity
  • Jigsaw Academy
  • Kadenze
  • Khan Academy
  • LinkedIn
  • Linkstreet Learning
  • Miradax
  • My MOOC
  • NovoEd
  • Open2Study
  • PluralSight
  • Simplilearn
  • Skillshare
  • Udacity
  • Udemy
  • WizIQ
  • Xuetangx

For more information about this report visit https://www.researchandmarkets.com/research/29wzf7/the_global_mooc?w=4

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Related Topics: Professional Development and Training

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Professional Development and Training