ACCESS Newswire
13 Jan 2021, 17:35 GMT+10
Key players are focusing on launching online courses and designing new education modules to offer quality massive open online courses (MOOC) to leverage on the prevalent opportunities.
DUBAI, UAE / ACCESSWIRE / January 13, 2021 / As per FMI, the global MOOC market is projected to expand at an impressive CAGR of 16.5% amid the assessment period, 2020-2030. The MOOC market is growing rapidly owing to the rise in demand for online education in the ongoing pandemic. The new social norms and extended lockdown have ensued in skyrocketing demand for several MOOC for college-goers, school students, and others.
'With digitization attaining rapid traction, the demand for MOOC has augmented notably in the previous decade. The COVID-19 outbreak has further encouraged the market growth globally. This trend will last even after the pandemic fades. With governments all over the globe taking initiatives to make training and education accessible to all, the market will gain traction in the forthcoming years.' states the FMI analyst.
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Massive Open Online Course Market- Important Highlights
Massive Open Online Course Market - Drivers
Massive Open Online Course Market - Restraints
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COVID-19 Impact on Market
As the MOOC market got impacted by the onset of the COVID-19 outbreak earlier in 2020, the surging demand for several online courses trailed soon after. With the purpose of continuing the respective courses as educational institutions, colleges, and schools remained closed amid lockdown the implementation of online courses and education increased significantly. Although the world is recuperating and is likely to get back to normal in a few years, the preference towards online courses is projected to boost further in the approaching years.
Competitive Landscape
The MOOC market is projected to witness fierce competition in the approaching years with the entrance of new players. Established players are thus launching a widespread variety of MOOCs to leverage on the prospects of the market. Majority of the key market players include EDX, Futurelearn, Udacity, Edureka, Edmodo, Iversity, Intellipaat, Pluralsight, LinkedIn, Xuetangx, Udemy, Alison, Novoed, EdTech and Federica EU.
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About the Study
The study offers readers a comprehensive assessment of the massive open online course market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights on the basis of component (platform, services), course (humanities, computer science & programming, business management, science, health & medicine, education & training, engineering, and others), end user (high school, under graduates, post graduates, corporate), across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).
Table Of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
3.3. Key Success Factors
4. COVID-19 Pandemic Crisis Impact Analysis
4.1. Impact of COVID-19 Pandemic Crisis on Online Education Market Growth
4.2. Pre-COVID-19 Growth Analysis (2017-2019)
4.3. Post-COVID-19 Impact Analysis (2020 & beyond)
4.4. Expected Growth/Recovery Scenario (Short-term / Mid-term / Long-term)
4.5. Key Action Points for MOOC Vendors
5. Market Structure Analysis
5.1. Market Analysis by Tier of Companies
5.2. Market Concentration
5.3. Market Share Analysis of Top Players
5.4. Market Presence Analysis
5.4.1. Regional footprint by Players
5.4.2. Solution footprint by Players
5.4.3. Channel footprint by Players
6. Global Massive Open Online Course Market Demand (in Value in US$ Mn) Analysis 2015-2019 and Forecast, 2020-2030
6.1. Historical Market Value (US$ Mn) Analysis, 2015-2019
6.2. Current and Future Market Value (US$ Mn) Projections, 2020-2030
6.2.1. Y-o-Y Growth Trend Analysis
6.2.2. Absolute $ Opportunity Analysis
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About Future Market Insights
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Report: https://www.futuremarketinsights.com/reports/massive-open-online-course-mooc-market
Press Release Source: https://www.futuremarketinsights.com/press-release/massive-open-online-course-mooc-market
SOURCE: Future Market Insights
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