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The massive open online course global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Massive Open Online Course Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The massive open online course market size has grown exponentially in recent years. It will grow from $16.88 billion in 2023 to $22.61 billion in 2024 at a compound annual growth rate (CAGR) of 34.0%. The growth in the historic period can be attributed to increasing internet penetration, rising demand for skill development, collaborations with universities and institutions, cost-effective education.
The massive open online course market size is expected to see exponential growth in the next few years. It will grow to $73.91 billion in 2028 at a compound annual growth rate (CAGR) of 34.5%. The growth in the forecast period can be attributed to increased focus on lifelong learning, globalization of education, corporate embrace of online learning, government initiatives and support. Major trends in the forecast period include technological advancements, micro-credentials and specializations, personalized learning paths, gamification and interactive content, emergence of hybrid learning models, focus on soft skills, global collaboration and cross-cultural learning, blockchain for credentialing, continuous industry-relevant content updates.
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Scope Of Massive Open Online Course Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Massive Open Online Course Market Overview
Market Drivers –
A growing preference for online learning across the globe is contributing to the growth of the massive open online course market. Online learning refers to education delivered through the internet. It is a learning environment that uses the internet to connect students from various backgrounds and viewpoints using computers, laptops, cell phones, and high-speed internet connections. Due to the rise of the internet and new technologies and the revolution of online education, the preference for learning is shifting from traditional to an online learning environment, which drives the demand for a massive open online course market. For instance, in January 2022, according to The World Economic Forum, a Switzerland-based nongovernmental organization, 92 million students registered for Coursera’s online courses in 2021, an increase of 29% compared to 2020, when 71 million students registered for online courses. Therefore, the growing preference for online learning across the globe is contributing to the growth of the massive open online course market.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The massive open online course market covered in this report is segmented –
1) By Component: XMOOC Platforms, CMOOC Platforms
2) By Course: Humanities, Computer Science And Programming, Business Management
3) By End User: High Schools, Undergraduate, Postgraduate, Corporate
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Regional Insights –
North America was the largest region in the massive open online course market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the massive open online course market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the massive open online course market report are Alison, Coursera Inc., Federica. EU, FutureLearn, Instructure, Intellipaat, Iverity, Jigsaw Academy, Kadenze Inc., LinkedIn Learning, Miriada X, NovoEd Inc., Pluralsight Inc., Simplilearn Solutions Pvt Ltd, Skillshare Inc, Udacity India Private Limited, Udemy Inc., MOOC-CN Information Technology(Beijing)Co. Ltd., Blackboard Inc., Canvas Network Inc., WizIQ Inc., Linkstreet Learning Private Limited, Open2study, edX LLC, Pluralsight LLC, Brain4ce Education Solutions Pvt. Ltd., FutureLearn, NovoEd, Edmodo, Khan Academy, My Mooc, Codecademy, Course360, Cengage Learning, Apple Inc., ProctorU Inc., The Saylor Foundation, Udacity Inc.
1. Executive Summary
2. Massive Open Online Course Market Report Structure
3. Massive Open Online Course Market Trends And Strategies
4. Massive Open Online Course Market – Macro Economic Scenario
5. Massive Open Online Course Market Size And Growth
…..
27. Massive Open Online Course Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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