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PUBLISHER: IMARC | PRODUCT CODE: 1206700
PUBLISHER: IMARC | PRODUCT CODE: 1206700
Massive Open Online Courses Market by Component, Course, End User, and Region 2023-2028
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The global massive open online courses (MOOC) market size reached US$ 13.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 63.98 Billion by 2028, exhibiting a growth rate (CAGR) of 29.98% during 2023-2028. 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 2023-2028. 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?
Product Code: SR1323A172_Report
Table of Contents
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
- 9.1.1 United States
- 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
- 9.2.1 China
- 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
- 9.3.1 Germany
- 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
- 9.4.1 Brazil
- 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
- 14.3.1 360training.com Inc.
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report
Product Code: SR1323A172_Report
List of Figures
- 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$), 2017-2022
- Figure 3: Global: Massive Open Online Courses Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Massive Open Online Courses Market: Breakup by Component (in %), 2022
- Figure 5: Global: Massive Open Online Courses Market: Breakup by Course (in %), 2022
- Figure 6: Global: Massive Open Online Courses Market: Breakup by End User (in %), 2022
- Figure 7: Global: Massive Open Online Courses Market: Breakup by Region (in %), 2022
- Figure 8: Global: Massive Open Online Courses (Platform) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Massive Open Online Courses (Platform) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Massive Open Online Courses (Services) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Massive Open Online Courses (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Massive Open Online Courses (Business Management) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Massive Open Online Courses (Business Management) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Massive Open Online Courses (Computer Science and Programming) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Massive Open Online Courses (Computer Science and Programming) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Massive Open Online Courses (Science) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Massive Open Online Courses (Science) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Massive Open Online Courses (Sociology and Philosophy) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Massive Open Online Courses (Sociology and Philosophy) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Massive Open Online Courses (Humanities) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Massive Open Online Courses (Humanities) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Massive Open Online Courses (Education and Training) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Massive Open Online Courses (Education and Training) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Massive Open Online Courses (Healthcare and Medicine) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Massive Open Online Courses (Healthcare and Medicine) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Massive Open Online Courses (Other Courses) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Massive Open Online Courses (Other Courses) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Massive Open Online Courses (Junior High School) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Massive Open Online Courses (Junior High School) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Massive Open Online Courses (Post-Graduate) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Massive Open Online Courses (Post-Graduate) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Massive Open Online Courses (Corporate) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Massive Open Online Courses (Corporate) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Massive Open Online Courses (Under-Graduate) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Massive Open Online Courses (Under-Graduate) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Massive Open Online Courses (High School) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Massive Open Online Courses (High School) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: North America: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: North America: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: United States: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: United States: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Canada: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Canada: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Asia-Pacific: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Asia-Pacific: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: China: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: China: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Japan: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Japan: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: India: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: India: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: South Korea: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: South Korea: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Australia: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Australia: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Indonesia: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Indonesia: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Europe: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Europe: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Germany: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Germany: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: France: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: France: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: United Kingdom: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: United Kingdom: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Italy: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Italy: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Spain: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Spain: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Russia: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Russia: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Latin America: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Latin America: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Brazil: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Brazil: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Mexico: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Mexico: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Others: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Others: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Middle East and Africa: Massive Open Online Courses Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Middle East and Africa: Massive Open Online Courses Market: Breakup by Country (in %), 2022
- Figure 86: Middle East and Africa: Massive Open Online Courses Market Forecast: Sales Value (in Million US$), 2023-2028
- 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
List of Tables
- Table 1: Global: Massive Open Online Courses Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: Massive Open Online Courses Market Forecast: Breakup by Component (in Million US$), 2023-2028
- Table 3: Global: Massive Open Online Courses Market Forecast: Breakup by Course (in Million US$), 2023-2028
- Table 4: Global: Massive Open Online Courses Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: Massive Open Online Courses Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Massive Open Online Courses Market: Competitive Structure
- Table 7: Global: Massive Open Online Courses Market: Key Players
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