Massive Open Online Course (MOOC) Market Size to Grow From USD 1.83 Billion in 2015 to USD 8.50 Billion by 2020

Dec 11, 2015, 09:46 ET from Research and Markets

DUBLIN, December 11, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/tqrjls/massive_open) has announced the addition of the "Massive Open Online Course Market - Global Forecast to 2020" report to their offering. 

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This industry forecast the Massive Open Online Course (MOOC) market size to grow from USD 1.83 Billion in 2015 to USD 8.50 Billion by 2020, at a compound annual growth rate (CAGR) of 36.0%.

The rising cost of education and the inability of colleges and universities worldwide to meet the global demand for education through new campus development and the presence of reliable online learning technologies are the main drivers of the MOOC market. 

Presently, XMOOC platform has the largest market share than CMOOC and this trend is expected to remain the same during the forecast period. XMOOC is expected to have a greater impact on higher education due to their main strengths, such as high quality content provided by leading partnering universities, existence of deadlines and grades, and consistent financial support for development. 

Humanities course is expected to have the largest market share during the forecast period. Engineering course is expected to have a high CAGR among other courses during the forecast period. 

North America is expected to have the largest market share and would dominate the Massive Open Online Course Market from 2015 to 2020. Asia-pacific (APAC) offers potential growth opportunities, as end-users such as enterprises and network device manufacturers are turning toward MOOC platform providers to offer a high degree of service in terms of quality, performance, and capacity. 

Companies Profiled:  

  • Blackboard, Inc.
  • Coursera, Inc.
  • Edx, Inc.
  • Futurelearn
  • Instructure, Inc.
  • Iversity, Org.
  • Miriada X
  • Novoed, Inc.
  • Open2Study
  • Udacity, Inc.

Report Structure: 

1 Introduction 

2 Research Methodology 

3 Executive Summary 

4 Premium Insights 

5 Market Overview 

6 Industry Trends 

7 Mooc Market Analysis, By Platform 

8 Mooc Market Analysis, By Course 

9 Mooc Market Analysis, By Service Type 

10 Mooc Market Analysis, By User Type 

11 Geographic Analysis 

12 Competitive Landscape 

13 Company Profiles 

For more information visit http://www.researchandmarkets.com/research/tqrjls/massive_open


Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets