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Base Year
Historical Year
Forecast Year
The global massive open online course market size reached approximately USD 11.36 billion in 2023. The market is estimated to grow at a CAGR of 27.6% between 2024 and 2032, reaching a value of around USD 101.82 billion by 2032.
Global Massive Open Online Course Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 11.36 |
Market Size 2032 | USD Billion | 101.82 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 27.6% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 31.8% |
CAGR 2024-2032 - Market by Country | India | 29.6% |
CAGR 2024-2032 - Market by Country | UK | 25.2% |
CAGR 2024-2032 - Market by Component | Platform | 30.4% |
CAGR 2024-2032 - Market by Subjects | Business Management | 29.4% |
Market Share by Country 2023 | France | 5.1% |
Massive open online course, also known as MOOC, refers to a web-based distance education programme. These programmes are free, and anyone can enrol in them through the Internet. MOOC usually includes pre-recorded video lessons, assignments, and reading materials. Some MOOCs even provide a discussion forum.
Based on components, the market is bifurcated into platforms and services. On the basis of student served, the market can be categorised into junior high school, post graduate, corporate, under graduate, and high school.
The global massive open online course market segmentation, based on subjects, includes business management, computer science and programming, science, humanities, and healthcare and medicine, among others. The major regional markets for massive open online courses are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
CAGR 2024-2032 - Market by | Country |
India | 29.6% |
UK | 25.2% |
USA | 24.6% |
Germany | 22.7% |
Japan | 19.0% |
Canada | XX% |
France | XX% |
Italy | XX% |
China | 18.1% |
Australia | XX% |
Saudi Arabia | XX% |
Brazil | XX% |
Mexico | XX% |
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global massive open online course market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.
According to the massive open online courses market analysis, the platform segment is likely to significantly grow during the forecast period, owing to the rising demand for MOOC platforms among students. Various key players in the market are introducing interactive programmes on such platforms that provide the learner with a much more engaging learning process.
With various MOOC platforms launching practical lessons, quizzes, and short courses that are designed to provide an introductory and engaging approach to a subject, the market is presented with new growth opportunities.
The Asia Pacific is likely to account for a significant portion of the massive open online course market share during the forecast period. The development of the regional market can be attributed to the rapid adoption of smart devices and the expansion of internet coverage.
Countries like China and India are some of the major contributors to the development of the regional market. EdTech companies in such countries are also witnessing rapid growth due to the rising demand for skill-based certifications. Moreover, the support from governments in releasing MOOCs for emerging technologies is anticipated to further propel the massive open online course market expansion in the coming years.
Udemy, Inc. is one of the global leaders in the EdTech sector, providing a seamless learning experience for a wide variety of courses. The company was established in the year 2009 and with its current headquarter based in California, the United States, it has expanded its reach to many countries around the world. The courses provided by Udemy are curated by subject matter experts and real-world professionals.
Coursera Inc. is one of the most popular online education platforms, providing affordable and job-relevant learning programmes. The company was founded in 2012 and has developed rapidly to offer a wide range of certificates and degrees in various fields such as finance, information technology, business, health, and arts, among others.
Udacity Inc. is a prominent online learning platform that offers courses in various fields of technology, such as machine learning, artificial intelligence, and robotics, and from other fields such as business and product management, among others. The company was founded in the year 2011 and it has collaborated with field specialists to manage and present job-relevant courses.
Other massive open online course market players include edX Inc., Pluralsight LLC., Linkedin Learning, Skillshare, Inc., Study.com, LLC, Swayam Inc., and Domestika Inc., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Component |
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Breakup by Student Served |
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Breakup by Subjects |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
In 2023, the market reached a value of nearly USD 11.36 billion.
The market is projected to grow at a CAGR of 27.6% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 101.82 billion by 2032.
The market is being driven by the increasing adoption of technologies in the education sector and the rising penetration of smart devices and internet services.
The development of the market is guided by the growing adoption of adaptive technologies such as machine learning and artificial intelligence and increasing focus on providing a more personalised learning process.
The major regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major segments based on students served by MOOC include junior high school, post graduate, corporate, under graduate, and high school.
The key players in the market include Udemy, Inc., Coursera Inc., Udacity Inc., edX Inc., Pluralsight LLC., Linkedin Learning, Skillshare, Inc., Study.com, LLC, Swayam Inc., and Domestika Inc., among others.
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