Industry Background:
Massive open online course delivers the learning content to the individual who wanted to join a course. This online course also provides the interactive courses. Further, it helps to advance the career and helps in learning new skills. Massive open online course provides the large number of subjects which is contributing towards the market growth. In addition, presence of infrastructure for supporting e learning is increasing the market growth.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Coursera (United States), EdX (United States), Udacity (United States), Udemy (United States), Codecademy (United States), FutureLearn (United Kingdom), Iversity (Germany), Khan Academy (United States), NovoEd (United States) and Peer 2 Peer University (United States) |
This growth is primarily driven by Rising Adoption of E Learning by Private Companies are Fueling the Market Growth and Increasing Education Costs is another Factor which is propelling the Market Growth.
Globally, a noticeable market trend is evident Increasing Promotional Activities of E Learning Major Vendors, such as Coursera (United States), EdX (United States), Udacity (United States), Udemy (United States), Codecademy (United States), FutureLearn (United Kingdom), Iversity (Germany), Khan Academy (United States), NovoEd (United States) and Peer 2 Peer University (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Massive Open Online Courses is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Developments in the Market:
In November 2021, 2U, Inc., a global leader in education technology, announced it has completed its previously announced acquisition of substantially all assets of edX, a world-leading online learning platform and education marketplace. The acquisition brings together the unique strengths and complementary capabilities of two major forces in online education to create one of the world’s most comprehensive free-to-degree online learning platforms.
In April 2019, Udemy has launched Udemy for business which is a corporate learning product. This course is designed to enable impactful learning.
Influencing Trend:
Increasing Promotional Activities of E Learning
Market Growth Drivers:
Rising Adoption of E Learning by Private Companies are Fueling the Market Growth and Increasing Education Costs is another Factor which is propelling the Market Growth
Challenges:
Lack of Awareness about the Open Online Course
Opportunities:
Presence of infrastructure for adoption of e-learning. The accessibility of internet is enhanced and also there is increasing usage of consumer electronics such as smartphones, e-readers, laptops and tablets. These factors are increasing the convenience of e learning and hence growing the adoption which is propelling the market growth.
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Massive Open Online Courses Market
- Analysis about New Entrants in Massive Open Online Courses Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Massive Open Online Courses Study Sheds Light on
The Massive Open Online Courses Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Massive Open Online Courses industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Massive Open Online Courses industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.