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Massive Open Online Courses (MOOCs) Market Trends

  • Report ID: GMI10463
  • Published Date: Jul 2024
  • Report Format: PDF

Massive Open Online Courses Market Trends

A significant trend in the MOOCs industry is the growing collaboration between educational institutions and leading online learning platforms to enhance access to high-quality education. These partnerships aim to leverage the strengths of both parties: the academic rigor and expertise of educational institutions and the technological capabilities and reach of online platforms. By working together, they can develop comprehensive and engaging courses that cater to a broader audience. This collaboration also helps in standardizing the quality of MOOCs, ensuring that learners receive consistent and credible education.
 

Additionally, such partnerships often lead to the co-creation of specialized programs tailored to industry needs, thereby increasing the employability of learners. As a result, these collaborations are playing a crucial role in driving the growth and acceptance of MOOCs in the global education market.
 

For instance, in August 2023, Andhra Pradesh's Higher Education Department signed a transformative MoU with edX, the online learning platform affiliated with MIT and Harvard. The government highlighted that this agreement will grant students free access to top-tier courses from prestigious institutions like Harvard and MIT, enhancing their career prospects.

Authors: Suraj Gujar , Saptadeep Das

Frequently Asked Questions (FAQ) :

The market size of massive open online courses (MOOCs) reached USD 4.87 billion in 2023 and will exhibit 14% CAGR from 2024 to 2032, attributed to the increasing demand for accessible and flexible learning options, and the widespread adoption of digital technology.

The freemium massive open online courses (MOOCs) industry will surpass USD 5 billion by 2032, owing to its attractive model that offers free access to course content with optional paid features and the flexibility to upgrade for additional benefits.

North America market held over 30% share in 2023, driven by the region's advanced educational infrastructure, high internet penetration, and substantial investment in digital learning technologies.

Major companies operating in the massive open online courses industry are Coursera, edX, FutureLearn, Khan Academy, LinkedIn Learning, Udacity, and Udemy, among others.

Massive Open Online Courses Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 24
  • Tables & Figures: 978
  • Countries covered: 21
  • Pages: 220
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