Massive Open Online Course (MOOC) Market Report: Trends, Forecast and Competitive Analysis to 2030
Massive Open Online Course (MOOC) Trends and Forecast
The future of the global massive open online course (MOOC) market looks promising with opportunities in the technology, business, and science markets. The global massive open online course (MOOC) market is expected to reach an estimated $36.7 billion by 2030 with a CAGR of 23.6% from 2024 to 2030. The major drivers for this market are increasing demand for cost effective education platforms, rising requirement of global training, as well as, growing use of e-learning systems and online education.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Massive Open Online Course (MOOC) by Segment
The study includes a forecast for the global massive open online course (MOOC) by type, subject type, and region.
Massive Open Online Course (MOOC) Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Massive Open Online Course (MOOC) Market by Subject Type [Shipment Analysis by Value from 2018 to 2030]:
- Technology
- Business
- Science
- Others
Massive Open Online Course (MOOC) Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Massive Open Online Course (MOOC) Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies massive open online course (MOOC) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the massive open online course (MOOC) companies profiled in this report include-
- Coursera
- edX
- Udacity
- Udemy
- Canvas Networks
- FutureLearn
- openSAP
- 360training.com.
- Iversity
- Miríadax
Massive Open Online Course (MOOC) Market Insights
Lucintel forecasts that cMOOC is expected to witness the higher growth over the forecast period.
Within this market, technology will remain the largest segment due to rising adoption of the latest technologies, like data analytics and AI, across various industries further expands the scope of the studied segment over the forecast period..
North America is expected to witness highest growth over the forecast period due to growing demand for affordable self-paced learning systems and the extensive use of remote learning by academic institutions.
Features of the Global Massive Open Online Course (MOOC) Market
Market Size Estimates: Massive open online course (MOOC) market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Massive open online course (MOOC) market size by type, subject type, and region in terms of value ($B).
Regional Analysis: Massive open online course (MOOC) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, subject type, and regions for the massive open online course (MOOC) market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the massive open online course (MOOC) market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the massive open online course (MOOC) market size?
Answer: The global massive open online course (MOOC) market is expected to reach an estimated $36.7 billion by 2030.
Q2. What is the growth forecast for massive open online course (MOOC) market?
Answer: The global massive open online course (MOOC) market is expected to grow with a CAGR of 23.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the massive open online course (MOOC) market?
Answer: The major drivers for this market are increasing demand for cost effective education platforms, rising requirement of global training, as well as, growing use of e-learning systems and online education.
Q4. What are the major segments for massive open online course (MOOC) market?
Answer: The future of the global massive open online course (MOOC) market looks promising with opportunities in the technology, business, and science markets.
Q5. Who are the key massive open online course (MOOC) market companies?
Answer: Some of the key massive open online course (MOOC) companies are as follows:
- Coursera
- edX
- Udacity
- Udemy
- Canvas Networks
- FutureLearn
- openSAP
- 360training.com.
- Iversity
- Miríadax
Q6. Which massive open online course (MOOC) market segment will be the largest in future?
Answer: Lucintel forecasts that cMOOC is expected to witness the higher growth over the forecast period.
Q7. In massive open online course (MOOC) market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to growing demand for affordable self-paced learning systems and the extensive use of remote learning by academic institutions.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the massive open online course (MOOC) market by type (cMOOC and xMOOC), subject type (technology, business, science, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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