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Global Massive Open Online Course (MOOC) Market 2021 Segmented by Application and Geography Trends, Growth and Forecasts

Massive Open Online Course (MOOC)

The report focuses on the favorable Global “Massive Open Online Course (MOOC) market” and its expanding nature. The Massive Open Online Course (MOOC) market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • Massive Open Online Course (MOOC) Market is expected to register a healthy CAGR of over 29% during the forecast period (2019 – 2024). Advances in information and communication technologies are prompting the educators and learners to move past the constraints of time, space, and environment. While a traditional classroom education is well-known, learning systems outside the classroom, especially those enhanced through technology, are still being discussed.
  • – Massive Open Online Courses (MOOCs) represent the final stage of current technological innovations in distance education, as these offer open educational resources to students all around the world. MOOCs are designed to be scalable to large online masses with free participation and without any formal requirements, and provide millions of individuals, around the world, the opportunity to learn through hundreds of public and private universities or organizations worldwide.
  • – Some of the major reasons behind MOOCs losing popularity are questionable course quality, high dropout rate, unavailable course credits, ineffective assessments, complex copyright, and limited hardware.
  • – With the required amount of financial resources at their counters, MOOCs companies are expected to reform and develop more apprenticeship-inclined course materials that can be used in a more blended online format, rather than fully online formats.

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    Key Manufacturers

  • Coursera Inc.
  • edX Inc.
  • Udacity Inc.
  • FutureLearn Ltd.
  • Canvas Networks Inc.
  • Open2Study (Open Universities Australia Pty Ltd.)
  • Udemy Inc.
  • openSAP (SAP SE)
  • 360training.com Inc.
  • Iversity Inc.
  • Miríadax (Telefónica Learning Services S.L.U.)
  • Blackboard Inc.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Massive Open Online Course (MOOC) market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Massive Open Online Course (MOOC) market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Massive Open Online Course (MOOC) market have also been involved in the study.

    Scope of the Report:

  • MOOC or Massive Open Online Courses are online educational courses that can be accessed by the unlimited number of students. These are provided by private companies, non-profit organizations, government institutions and universities across the world. Use of learning analytics for the identification of student progress/failure is expected to gain importance over the forecast period.
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    TOC of Massive Open Online Course (MOOC) Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Massive Open Online Course (MOOC) market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Massive Open Online Course (MOOC) Market Report Covered:

    • The report analyses how Massive Open Online Course (MOOC) market will grow in the future.
    • Analyzing various perspectives of the Massive Open Online Course (MOOC) market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Massive Open Online Course (MOOC) market shares and policies employed by the major market players.
    • Competitive landscape including the Massive Open Online Course (MOOC) market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Massive Open Online Course (MOOC) market players

    Key Market Trends:

    xMOOC Type is Expected to Hold a Significant Market Share

    – xMOOCs have their background in the evolution of open courseware and open educational resources. xMOOCs are generally offered by universities, in collaboration with a commercial organization or a company whose aim is to gain profit.
    – xMOOCs are online versions of traditional learning formats (for instance, lecture, instruction, discussion, among others) on proprietary specialist software platforms owned by independent firms. They attribute legitimate and monetary relationships between universities that create content, and technology providers, where X indicates the MOOCs that are content-based and follow a more behaviorist approach.
    – X emphasizes a more traditional learning approach through video presentations and short quizzes and testing, and focus on knowledge duplication. xMOOCs are associated mostly with the three largest platform providers: edX, Udacity, and Coursera.

    North America Currently Holds the Largest Market Share

    – The presence of the infrastructure to support high adoption has helped the market in the North America Region. For instance, in the United States, for a specific course at Georgia Tech and MIT, students were given a choice. They could either enroll in the traditional on-campus course or sign up for a parallel version of the class that would be entirely online. According to the US News World Report rankings, around 22 of the top 25 US universities are now offering courses online, for free.
    – Various universities in the US allow MOOCs to contribute toward the completion of the final degree, which is also contributing to the region’s market growth. Some of the renowned universities, such as the UC San Diego, the Arizona University, and the University of Pennsylvania, offer video games as the online learning platform with a multiplayer game interface to support teamwork skills that include shared and communication strategy. Other universities, such as the University of Illinois and Georgia Tech, have announced additional courses with the existing online degree courses.

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    Study objectives of Massive Open Online Course (MOOC) Market Report:

    • To provide a detailed analysis of the market structure along with the Massive Open Online Course (MOOC) market forecast of various segments and sub-segments of the Massive Open Online Course (MOOC) market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Massive Open Online Course (MOOC) market trends that influence the global Massive Open Online Course (MOOC) market

    Detailed TOC of Massive Open Online Course (MOOC) Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Massive Growth of Mobile Applications
    4.3.2 Increasing Adoption in Corporate Networks
    4.4 Market Restraints
    4.4.1 Lack of Efficient System to Integrate Course Credits into Current System
    4.4.2 Poor Discussion Forums and Mentoring 5.3 Market Opportunities
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 cMOOC
    5.1.2 xMOOC
    5.2 By Subject Type
    5.2.1 Technology
    5.2.2 Business
    5.2.3 Science
    5.2.4 Other Subject Types
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Spain
    5.3.2.5 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 India
    5.3.3.3 Rest of Asia-Pacific
    5.3.4 Latin America
    5.3.4.1 Brazil
    5.3.4.2 Mexico
    5.3.4.3 Argentina
    5.3.4.4 Rest of Latin America
    5.3.5 Middle East & Africa
    5.3.5.1 UAE
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Coursera Inc.
    6.1.2 edX Inc.
    6.1.3 Udacity Inc.
    6.1.4 FutureLearn Ltd.
    6.1.5 Canvas Networks Inc.
    6.1.6 Open2Study (Open Universities Australia Pty Ltd.)
    6.1.7 Udemy Inc.
    6.1.8 openSAP (SAP SE)
    6.1.9 360training.com Inc.
    6.1.10 Iversity Inc.
    6.1.11 Miríadax (Telefónica Learning Services S.L.U.)
    6.1.12 Blackboard Inc.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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