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Massive Open Online Courses (MOOC) Market Report by Component (Platform, Services), Course (Business Management, Computer Science and Programming, Science, Sociology and Philosophy, Humanities, Education and Training, Healthcare and Medicine, and Others), End User (Junior High School, Post-Graduate, Corporate, Under-Graduate, High School), and Region 2024-2032
Market Report I 2024-04-08 I 136 Pages I IMARC Group
The global massive open online courses (MOOC) market size reached US$ 17.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 143.4 Billion by 2032, exhibiting a growth rate (CAGR) of 25.3% during 2024-2032. The increasing need for cost-effective self-paced learning platforms, the ongoing gamification of MOOC platforms and the widespread adoption of remote learning by educational institutes, especially during the COVID-19 pandemic, represent some of the factors driving the market.
Massive open online courses (MOOCs) represent a range of free web-based learning programs designed for teaching, training, and promoting active participation of geographically dispersed individuals by providing access to courses over the internet. They usually comprise various traditional teaching materials, including recorded or filmed video lectures, e-books, online quizzes, presentations, assessments, interactive learning modules, and forum interactions. These content materials are easily accessible through subscription-based or free login accounts. As compared to conventional training structure, MOOCs do not offer academic credits; instead, they provide an online certification to enhance the employment opportunity of a candidate. Apart from this, MOOCs are cost-effective, offer diverse subjects while ensuring no physical location dependence, flexible learning education, and enhanced career prospects. As a result, MOOCs are widely affiliated with educated institutions to teach multiple subjects to graduates, postgraduates, employees, and high school students.
Massive Open Online Courses (MOOC) Market Trends:
The rising need for cost-effective and self-paced online learning platforms with multiple interactive content materials represent one of the key factors driving the massive open online courses market toward growth. In line with this, the widespread adoption of such teaching approaches by educational institutions, especially during the COVID-19 pandemic, is acting as another major growth-inducing factor. Moreover, the extensive utilization of MOOC courses by employees and graduates for learning several business management skills, such as logistics, marketing, entrepreneurship, and leadership, is supporting the market growth. Such courses help hone multiple technical and intrapersonal attributes while providing comprehensive training, which, in turn, improves the career prospects of a potential candidate. This, along with the emergence of several online training platforms by key players and favorable initiatives being undertaken by governments in collaboration with course creators to launch intensive MOOC programs and boot camps are propelling market growth. Furthermore, the advent of knowledge systems and learning applications and the large-scale integration of these platforms with blockchain, artificial intelligence (AI), data analytics, quantum computing, and mixed reality (MR) to offer better learning experiences are favoring the market growth. Apart from this, rapid digitalization and shifting consumer inclination toward MOOC over typical educational training are creating a positive outlook for the market. Other factors, such as increasing penetration of internet and a rising number of smartphone users, are also driving the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global massive open online courses (MOOC) market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on component, course, and end user.
Component Insights:
Platform
xMOOC
cMOOC
Services
Consulting
Implementation
Training and Support
The report has also provided a detailed breakup and analysis of massive open online courses (MOOC) market based on the component. This includes platform (xMOOC and cMOOC) and services (consulting, implementation, and training and support). According to the report, service represented the largest segment.
Course Insights:
Business Management
Computer Science and Programming
Science
Sociology and Philosophy
Humanities
Education and Training
Healthcare and Medicine
Others
A detailed breakup and analysis of the massive open online courses (MOOC) market based on the course has also been provided in the report. This includes business management, computer science and programming, science, sociology and philosophy, humanities, education and training, healthcare and medicine, and others. According to the report, business management accounted for the largest market share.
End User Insights:
Junior High School
Post-Graduate
Corporate
Under-Graduate
High School
A detailed breakup and analysis of the massive open online courses (MOOC) market based on the end user has also been provided in the report. This includes junior high school, post-graduate, corporate, under-graduate, and high school. According to the report, corporate accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for massive open online courses (MOOC). Some of the factors driving the North America massive open online courses (MOOC) market included by the increasing need for cost-effective self-paced learning platforms and the widespread adoption of remote learning by educational institutes, especially during the COVID-19 pandemic, due to the mandatory lockdown.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global massive open online courses (MOOC) market. Detailed profiles of all major companies have also been provided. Some of the companies covered include 360training.com Inc., Coursera Inc., Edureka, Edx LLC, FutureLearn Limited, Intellipaat Software Solutions Pvt. Ltd., Iversity Inc., Jigsaw Academy, Linkedin Corporation, My Mooc, Udemy Inc., Xuetangx, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global massive open online courses (MOOC) market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global massive open online courses (MOOC) market?
What are the key regional markets?
Which countries represent the most attractive massive open online courses (MOOC) markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the course?
What is the breakup of the market based on the end user?
What is the competitive structure of the global massive open online courses (MOOC) market?
Who are the key players/companies in the global massive open online courses (MOOC) market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Massive Open Online Courses (MOOC) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Platform
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 xMOOC
6.1.2.2 cMOOC
6.1.3 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Consulting
6.2.2.2 Implementation
6.2.2.3 Training and Support
6.2.3 Market Forecast
7 Market Breakup by Course
7.1 Business Management
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Computer Science and Programming
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Science
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Sociology and Philosophy
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Humanities
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Education and Training
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Healthcare and Medicine
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Others
7.8.1 Market Trends
7.8.2 Market Forecast
8 Market Breakup by End User
8.1 Junior High School
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Post-Graduate
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Corporate
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Under-Graduate
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 High School
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 360training.com Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Coursera Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Edureka
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Edx LLC
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 FutureLearn Limited
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Intellipaat Software Solutions Pvt. Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Iversity Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Jigsaw Academy
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Linkedin Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 SWOT Analysis
14.3.10 My Mooc
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Udemy Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.12 Xuetangx
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report
Figure 1: Global: Massive Open Online Courses Market: Major Drivers and Challenges
Figure 2: Global: Massive Open Online Courses Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Massive Open Online Courses Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Massive Open Online Courses Market: Breakup by Component (in %), 2023
Figure 5: Global: Massive Open Online Courses Market: Breakup by Course (in %), 2023
Figure 6: Global: Massive Open Online Courses Market: Breakup by End User (in %), 2023
Figure 7: Global: Massive Open Online Courses Market: Breakup by Region (in %), 2023
Figure 8: Global: Massive Open Online Courses (Platform) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Massive Open Online Courses (Platform) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Massive Open Online Courses (Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Massive Open Online Courses (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Massive Open Online Courses (Business Management) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Massive Open Online Courses (Business Management) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Massive Open Online Courses (Computer Science and Programming) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Massive Open Online Courses (Computer Science and Programming) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Massive Open Online Courses (Science) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Massive Open Online Courses (Science) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Massive Open Online Courses (Sociology and Philosophy) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Massive Open Online Courses (Sociology and Philosophy) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Massive Open Online Courses (Humanities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Massive Open Online Courses (Humanities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Massive Open Online Courses (Education and Training) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Massive Open Online Courses (Education and Training) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Massive Open Online Courses (Healthcare and Medicine) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Massive Open Online Courses (Healthcare and Medicine) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Massive Open Online Courses (Other Courses) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Massive Open Online Courses (Other Courses) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Massive Open Online Courses (Junior High School) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Massive Open Online Courses (Junior High School) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Massive Open Online Courses (Post-Graduate) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Massive Open Online Courses (Post-Graduate) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Massive Open Online Courses (Corporate) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Massive Open Online Courses (Corporate) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Massive Open Online Courses (Under-Graduate) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Massive Open Online Courses (Under-Graduate) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Massive Open Online Courses (High School) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Massive Open Online Courses (High School) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: North America: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: North America: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: United States: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: United States: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Canada: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Canada: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Asia-Pacific: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Asia-Pacific: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: China: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: China: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Japan: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Japan: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: India: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: India: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: South Korea: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: South Korea: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Australia: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Australia: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Indonesia: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Indonesia: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Others: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Others: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Europe: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Europe: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Germany: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Germany: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: France: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: France: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: United Kingdom: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: United Kingdom: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Italy: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Italy: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Spain: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Spain: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Russia: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Russia: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Others: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Others: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Latin America: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Latin America: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Brazil: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Brazil: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Mexico: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Mexico: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Others: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Others: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Middle East and Africa: Massive Open Online Courses Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Middle East and Africa: Massive Open Online Courses Market: Breakup by Country (in %), 2023
Figure 86: Middle East and Africa: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Global: Massive Open Online Courses Industry: Drivers, Restraints, and Opportunities
Figure 88: Global: Massive Open Online Courses Industry: Value Chain Analysis
Figure 89: Global: Massive Open Online Courses Industry: Porter's Five Forces Analysis
Table 1: Global: Massive Open Online Courses Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Massive Open Online Courses Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 3: Global: Massive Open Online Courses Market Forecast: Breakup by Course (in Million US$), 2024-2032
Table 4: Global: Massive Open Online Courses Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 5: Global: Massive Open Online Courses Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Massive Open Online Courses Market: Competitive Structure
Table 7: Global: Massive Open Online Courses Market: Key Players
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