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Massive Open Online Course (MOOC) Market is Expected to Grow at US$ 152 Billion by 2032 | Fact.MR Analysis

11-07-2022 12:22 PM CET | IT, New Media & Software

Press release from: Fact.MR

Massive Open Online Course (MOOC) Market is Expected to Grow

As per Fact.MR's report, The MOOC market will likely gain a market value of US$ 7.55 Bn in 2022.  From 2017 to 2021, the global sales of MOOC exceeded US$ 7.55 Bn by the end of 2021. A massive open online course (MOOC) is a web-based distance learning program designed for the participation of large numbers of geographically dispersed students.
Massive Open Online Courses (MOOCs) are open-access online courses that anybody can enroll for. MOOCs offer anyone an inexpensive and flexible opportunity to learn new skills. The market for MOOCs is primarily determined by a variety of industry factors, as well as the growing importance of online learning around the world.

Digital advancements in online courses over the past decade have boosted the growth of the massive open online course market substantially. Advantages such as lesser cost, availability in different languages, availability of demo classes, special attention to every student, open for everyone, and others are fuelling the demand for massive open online courses worldwide.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=3077

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲

• The global sales of MOOC exceeded US$ 7.55 Bn by the end of 2021.
• The sales of MOOC are expected to exceed US$ 152 Bn by registering a CAGR of 35% through the forecast period 2022-2032.
• Asia Pacific is expected to hold more than 40% market share for MOOC courses.
• North America is expected to hold more than 45% market share in the upcoming assessment period.

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐧 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐌𝐎𝐎𝐂𝐬

The outbreak of the COVID-19 pandemic changed the approach of educational systems around the world. Extended periods of lockdown followed by the shutting down of schools, colleges, and other educational institutions impacted the traditional ways in which education was made available through various courses offered by these institutions.

While most markets are struggling to cope with the implications of COVID-pandemic, the massive open online course market is expected to thrive. The demand for online classes and training modules has surged exponentially amid the COVID-19 crisis, especially as schools and institutions remain shut on government orders to contain the spread of the virus.

The global MOOC market report provides a systematic study to the stakeholder on numerous parameters of growth such as competitive scenario, regional assessment, and notable trends. The researchers have closely studied and monitored the COVID-19 impact on the MOOC market and have been inculcated in the report. Furthermore, the report also highlights the pain points so that the stakeholder can design the business strategy accordingly.

𝐒𝐡𝐚𝐫𝐞 𝐘𝐨𝐮𝐫 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬 & 𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬- https://www.factmr.com/connectus/sample?flag=RC&rep_id=3077

𝐌𝐎𝐎𝐂 ((𝐌𝐚𝐬𝐬𝐢𝐯𝐞 𝐎𝐩𝐞𝐧 𝐎𝐧𝐥𝐢𝐧𝐞 𝐂𝐨𝐮𝐫𝐬𝐞) 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨

The MOOC market comprises numerous players that invite considerable competition. The players in the MOOC market are trying to upgrade their services and features to facilitate a seamless experience for the end-user. The government support for the efficient functioning of MOOCs through expanding broadband connectivity across remote and rural regions is also bringing considerable growth opportunities for the MOOC market to magnify its consumer base.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 -

• In October 2021, Alison announced free skill training to learners for to meet US apprenticeship surge. The company is offering 25 courses that focus on providing job offers to learners.
• Miríada X, a regional MOOC provider offers more than 490 courses in Spanish & Portuguese, created by the leading universities in Spanish and Portuguese speaking countries.

𝐅𝐮𝐥𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐬 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐚𝐭
https://www.factmr.com/checkout/3077

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐎𝐎𝐂 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭

Customer Category

o Individual MOOCs
o Enterprise / Corporate MOOCs
o MOOCs for Small Enterprise
o MOOCs for Medium Sized Enterprise
o MOOCs for Large Enterprise
o MOOCs for Educational Institutes

Primary Objective

o MOOCs for Reskilling and Online Certification
o MOOCs for Language and Casual Learning
o MOOCs for Supplemental Education
o MOOCs for Higher Education
o MOOCs for Test Preparation

Program

o Certificate & Professional Program MOOCs
o Degree & Master Programs MOOCs
o Other MOOC Programs

Course

o Business & Management MOOCs
o Data Science / Programming / Computer Science MOOCs
o Science (Pure) MOOCs
o Social Science MOOCs
o Humanities MOOCs
o Educational & Teaching MOOCs
o Engineering MOOCs
o Health & Medicine MOOCs
o Mathematics MOOCs
o Art & Design MOOCs
o Other MOOCs (Law, Language Etc.)

Model

o xMOOC
o cMOOC

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐅𝐚𝐜𝐭.𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡: https://www.prnewswire.com/news-releases/increasing-usage-of-cloud-based-solutions-to-steer-digital-transaction-management-market-past-us-83-25-billion-by-2032--301628185.html

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

About Fact.MR

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.

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