DUBLIN--(BUSINESS WIRE)--The "GCC Massive Open Online Course (MOOC) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The GCC Massive Open Online Course (MOOC) Market is expected to register a CAGR of 17.23% over the forecast period from 2021 - 2026.
The advancements in information and communication technologies force educators and learners to move past the constraints of time, space, and environment. While a typical classroom education is well-known, learning systems outside the classroom, primarily those enhanced through technology, are still being discussed.
Massive Open Online Courses (MOOCs) is the final stage in distance education, as these offer open educational resources to the students all around the world. MOOCs are made to be scalable to large online masses, free participation, and without formal requirements to provide individuals around the region the opportunity to learn through hundreds of public and private universities or organizations in the region.
The major driving force for the increasing popularity of MOOCs in the region is government initiatives and support regarding online learning programs. For instance, UAE Centennial Plan 2071 is a long-term, full-vision plan that extends for five decades, after 2021 and the plan prioritizes high-quality education for all its citizens.
This provides opportunities for MOOC vendors related to advanced science and technology, space science, engineering, innovation, and health sciences to invest in the region. To meet UAE Vision 2021, which calls for "a shift to a diversified and knowledge-based economy," the country is reinforcing education primarily based on technology, and hence, strengthening MOOCs across the region.
The Saudi Arabian government launched various initiatives in the education sector to improve the quality of education. One of the main areas of Saudi Arabia's Vision 2030 is the educational sector. To attain this, King Abdullah's Education Development Project (valued at USD 2.4 billion) has mandated an educational reform package that focuses on attracting and retaining the finest Saudi minds by increasing the private sector participation in the education sector.
This provides an opportunity for MOOC vendors to invest in this region. For instance, Classera, a prominent e-learning platform in the Middle East with an extensive presence in Saudi Arabia, held Riyadh's first Innoxera Summit, in April 2019, attracting several smart learning and e-learning vendors to Saudi Arabia.
In April 2020, Qatar University's Center of Community Service and Continuing Education (CCE) made an announcement on its webpage that The Center is offering several courses to the public free of charge, in line with the precautionary efforts made by the university and the state to limit the spread of the COVID-19 and to provide protection to everyone. These courses are a continuation of the university's approach to meet the actual needs of society, individuals, and institutions.
The Center strives to develop their knowledge and skills, both personally and professionally, without leaving their homes during this period. The seven courses offered will cover several topics in finance, nutrition, disaster management, crisis management, emotional intelligence, and family budget.
With the continuing global spread of COVID-19 and some Arab countries responding by closing schools and universities, online education, though long disfavored, is now being seen as an essential means of continuing the educational process and avoiding students' losing an academic year. Countries like the United Arab Emirates and Kuwait have announced the start of online-learning projects to provide alternative educational resources for students while regular classes are suspended.
This new embrace of online education is expected to significantly boost the MOOC market in the region, as digital learning has generally been marginalized, unrecognized, and suspended in many Arab countries, whose educational systems still prefer traditional face-to-face teaching methods.
Companies Mentioned
- Coursera Inc.
- edX Inc.
- Udacity Inc.
- Udemy Inc.
- Canvas Networks Inc.
- Blackboard Inc.
- FutureLearn Ltd
- openSAP (SAP SE)
- Iversity Inc. (Springer Nature)
- Miriadax (Telefonica Learning Services S.L.U.)
For more information about this report visit https://www.researchandmarkets.com/r/ybcw9a
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