Press release
MOOC Market to reach USD 39.20 Bn by 2029, Technological Advancements and Growth Opportunities
Pune 02, May 2023: MOOC Market size was valued at USD 10.6 Bn. in 2021 and the total revenue is expected to grow at 39.20 percent through 2022 to 2029, reaching nearly USD 149.42 Bn.MOOC Market Report Scope and Research Methodology
A massive open online course (MOOC) is an online course that is open to anyone interested and provides direct participation through the internet. MOOCs offer users course resources, such as lectures, study materials, videos, and problem sets, which are typically found in a traditional educational context, along with interactive user forums.
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MMR conducted primary and secondary research to compile the report. The primary research included interviews with industry experts, opinion leaders, and decision-makers. The secondary research included company financials, annual reports, press releases, investor presentations, whitepapers, and news articles.
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MOOC Market Dynamics
The report provides a comprehensive analysis of the market drivers, restraints, and opportunities that impact the growth of the MOOC market. The increasing demand for affordable and accessible education, the transition to digital learning, and the impact of COVID-19 on online education are the major drivers of the market. The lack of mentorship and personal oversight for students taking MOOCs on online platforms is anticipated to be a key restraint to the market growth in the coming years.
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The report segments the market based on Component (Platforms and Services), Course (Humanities, Computer Science, Business Management, Science, and Others), and User Type (High School, Undergraduate, Postgraduate, and Corporate). The Platforms segment held the largest market share in 2021 due to the increasing demand for online courses from major MOOC providers.
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MOOC Market Regional Insights
The report provides regional analysis covering North America, Europe, Asia Pacific, Middle East & Africa, and South America. The North America region held the largest market share in 2021 due to the presence of major MOOC providers and the increasing adoption of online education by educational institutions. The Asia Pacific region is expected to grow at the highest CAGR during the forecast period, owing to the growing population and the increasing demand for affordable and accessible education.
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MOOC Market Segmentation
By Component:
Platforms
o XMOOC
o CMOOC
Service
By Course:
Humanities
Computer Science and Programming
Business Management
By User Type:
High School
Undergraduate
Postgraduate
Corporate
MOOC Market Key Competitors include:
2U Inc.
Academic Partnerships
Apple Inc.
Cengage Learning
Course360
Codecademy
Coursera Inc.
Degreed
Education Portal
edX
Elsevier
Embanet-Compass, LLC
FutureLearn, Ltd.
Instructure Inc.
Khan Academy
Lynda.com, Inc.
Piazza Technologies, Inc.
ProctorU Inc.
SMARTHINKING, Inc.
StraighterLine
The Saylor Foundation
Udacity, Inc.
Udemy.com
Table of Content for MOOC Market
Global MOOC Market: Research Methodology
Global MOOC Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global MOOC Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global MOOC Market Segmentation
Global Market, by Component (2021-2029)
Global Market, by Course (2021-2029)
Global Market, by User Type (2021-2029)
Regional MOOC Market (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Course (2021-2029)
Regional Market, by User Type (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Component, Course, and User Type
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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