Massive Online Open Courses (MOOCs) Market Size Expected to Reach $ 59.63 Billion at a CAGR of 35.30%, by 2028

Reports and data

Massive Online Open Course (MOOC) Market Size – $ 5.39 Billion in 2020, 35.30% CAGR, Market Trends – Strong MOOC Demand from Enterprise Sector

NEW YORK, NY, UNITED STATES, November 5, 2021 / – The availability, accessibility and affordability of MOOCs are expected to stimulate market demand.

The Global Massive Online Open Course (MOOC) Market is expected to reach $ 59.63 billion by 2028, according to a new report from Reports and Data. A Massive Open Online Course (MOOC) is a kind of online course that provides open access and interactive participation to interested applicants via the internet. MOOCs provide participants with course materials that are typically used in a conventional educational setting, such as lectures, study aids, videos, and problem sets. In addition to this, MOOCs provide interactive user forums, which are extremely useful in building a community for students, teaching assistants, and faculty.

The easy availability, accessibility and affordability of MOOC is estimated to drive market demand during the forecast period. MOOCs, primarily xMOOCs, offer high-quality content from some of the world’s top universities for free to anyone with a computer and internet connection. This in itself is an amazing value proposition, and therefore MOOCs are an incredibly valuable addition to the educational offering.

Strong demand for MOOCs from the corporate sector is expected to drive market demand. MOOCs have gradually evolved to provide content relevant to the world of work with course topics ranging from machine learning and Java programming to communication and leadership. As corporate employees are already using MOOCs to acquire and update their professional skills and improve their career prospects on their own, companies have an untapped opportunity to harness this type of learning method to serve organizational goals. Some companies recognize this and have started working with MOOC providers to improve employee training. AT&T, L’Oréal, GE and Marks & Spencer are notable examples. Others, like McKinsey, Tenaris and Microsoft even produce their own MOOC content on business management, humanities, technology and finance, among others for the public.

In April 2019, Coursera, a leading player in the MOOC market, had raised USD 103.0 million from two of its current investors and a new one, the SEEK Group, an Australian jobs platform with a company that helps universities take their academic programs online. .

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Major participants include Canvas Networks Inc., edX Inc., Udacity Inc., Coursera Inc., Udemy Inc., Intellipaat, Edureka, Khan Academy, Pluralsight, and FutureLearn, among others.

Other key findings from the report suggest

• By type, xMOOC contributed greater market share in 2020 and is expected to grow at a rate of 34.8% during the forecast period.
• By type of supplier, private companies dominated the market in 2020 and are expected to grow at a significant rate during the forecast period.
• By subject type, MOOCs for engineering and technology occupied 26.9% of the market in 2020.
• Companies held the largest market share in 2020 due to the growing acceptance of MOOCs for growth and career development.
• The Asia-Pacific region market is expected to experience the highest growth rate of 35.8% during the forecast period.

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For the purpose of this report, reports and data have segmented the global MOOC market on the basis of type, vendor type, subject type, end-users, and region:

Type Outlook (Revenue, Million USD; 2020-2028)


Supplier Type Outlook (Revenue, USD Million; 2020-2028)

Private enterprise

Topic Type Outlook (Revenue, USD Million; 2020-2028)

Engineering and technology
Business Management
Humanities and Social Sciences

End User Outlook (Revenue, USD Million; 2020-2028)

High school students

Regional Outlook (Revenue, USD Million; 2020-2028)

North America
Asia Pacific
Latin America

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The market report includes the main points from the table of contents:

• Massive Online Open Course (MOOC) market overview
• Global economic impact on industry
• Competition in the world market by manufacturers
• World production, income (value) by region
• Global supply (production), consumption, export, import by regions
• World production, revenue (value), price trend by type
• Global Market Analysis by Application
• Analysis of manufacturing costs
• Industrial chain, sourcing strategy and downstream buyers
• Analysis of the marketing strategy, distributors / traders
• Analysis of market effect factors
• Massive Online Open Course (MOOC) market forecast

To conclude, all aspects of the Massive Online Open Courses (MOOCs) Market are quantitatively and qualitatively assessed to study the Global and Regional Market in a comparative manner. This market research presents critical information and factual data about the market, providing an overall statistical study of this market on the basis of market drivers, its limitations and future prospects.

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