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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

January 2, 2019

DUBLIN--(BUSINESS WIRE)--Jan 2, 2019--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

View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005394/en/

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Related Topics:Professional Development and Training

KEYWORD:

INDUSTRY KEYWORD: EDUCATION TRAINING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/02/2019 10:25 AM/DISC: 01/02/2019 10:25 AM

http://www.businesswire.com/news/home/20190102005394/en

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