AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Massive Open Online Course market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Massive Open Online Course market to grow at a CAGR of 40.23% to aggregate USD20.8 Billion by 2026.
The Platform, such as XMOOC, is boosting the Massive Open Online Course market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End User, such as Colleges, is boosting the Massive Open Online Course market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Massive Open Online Course market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Growing Demand for Open Education and Increasing necessity of Cost-Effective Education Platforms.
Massive Open Online Courses (MOOC) represents a distance-based approach to e-Learning wherein many students may participate in a highly collaborative & interactive fashion. Course contents are distributed with the help of web platform under a per-course or subscription model. The unique feature of MOOC is mass participation, social collaborations, interactive forums, & open-ended outcomes. There are a few key market factors to consider with MOOC including low cost certification, leveraging various technologies, costs reduction for corporate training, which will drive the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Massive Open Online Course market by Type (Humanities courses, Computer Science and Programming courses and Business Management courses) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market