The analysts forecast global MOOCs market to grow at a CAGR of 30.12% during the period 2018-2022. One trend in the market is developing economies.
An inherent advantage of MOOCs is, its ability to attract huge learner base beyond the traditional college-age student population.
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Despite, numerous challenges related to the quality and credibility of MOOCs, this phenomenon has garnered huge sustained interest from the learner base in developing economies, specifically in non-OECD (Organization for Economic Co-operation and Development) low-income nations.
Major key players in the global MOOCs market: Coursera, edX, FutureLearn, Iversity, MiriadaX, Udemy, and Udacity.
According to the MOOCs market report, one driver in the market is rise in regional MOOCs. The English language continues to dominate as the medium of instruction in the MOOCs market.
While languages such as Chinese, German and Spanish have existed their prevalence was minimal 2-3 years ago. However, as the learner base expanded and with improved technological solutions, leading players such as Coursera have increased their offerings in other languages as well.
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Further, the MOOCs market report states that one challenge in the market is completion rates. While all the leading vendors are introducing numerous MOOCs at a rapid pace, the issue of persistently high drop-out rates continues to challenge the profitability of many vendors in this market.
Conventionally, the course completion rate for technical courses has been less than 15% for most classes irrespective of the course and service provider.
Few Points from List of Exhibits:
Exhibit 1: Elearning - Key Elements
Exhibit 2: Parent Market
Exhibit 3: Global Education Technology Market
Exhibit 4: Market Characteristics
Exhibit 5: Market Segments
Exhibit 6: Market Definition - Inclusions and Exclusions Checklist
Exhibit 7: Global Moocs Market - Market Size 2017
Exhibit 8: Validation Techniques Employed For Market Sizing 2017
Exhibit 9: Global Moocs Market Market Size and Forecast 2017-2022 ($ Mn)
Exhibit 10: Global Moocs Market Year Over Year Growth 2018-2022 (%)
Exhibit 11: Five Forces Analysis 2017
Exhibit 12: Five Forces Analysis 2022
Exhibit 13: Bargaining Power of Buyers
Exhibit 14: Bargaining Power of Suppliers
Exhibit 15: Threat of New Entrants
Exhibit 16: Threat of Substitutes
Exhibit 17: Threat of Rivalry
Exhibit 18: Market Condition - Five Forces 2017
Exhibit 19: Global Moocs Market by Subjects Market Share 2017-2022 (%)
Exhibit 20: Comparison by Subjects