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
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 HighlightsThe 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
DriversNeed for Scalable Open Education Necessity for Cost-Effective Education Platforms Increasing Requirement for Global Training
RestraintLow Completion Rate
OpportunityMobility and Ease of Use
ChallengesLack of Personalized Guidance and Mentorship Inefficiency in Tracking and Validating the Progress
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 ProfilesAlison 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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INDUSTRY KEYWORD: EDUCATION TRAINING
SOURCE: Research and Markets
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PUB: 01/02/2019 10:25 AM/DISC: 01/02/2019 10:25 AM