Massive Open Online Courses Market Size, Share, Growth and Industry Analysis, By Type (CMOOC and XMOOC), By Application (Education, Research and Study and Others) and Regional Insights and Forecast to 2033

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MASSIVE OPEN ONLINE COURSES MARKET OVERVIEW

The global Massive Open Online Courses Market size 31.74 billion USD and it is projected to increase and reach a value of 165.87 billion USD by the year of 2030 with a CAGR of 39.2% during the forecast period.

Massive open online courses offer remote learning opportunity to a wide range of people in different geographical locations. These courses are flexible so that the people can learn them in their free time. After covid-19 these massive open online courses have gained a huge traction mainly due to the regulation of no contact in public spaces. These online courses are affordable and the people can learn them in the comfort of their home. Due to factors such as high quality education and no prior qualification required these massive open online courses market has gained significant growth.

LATEST TRENDS

Mobile Learning Fueling the Market Growth

Increase in the use of mobile phone have made the online courses available anywhere and at any time. This has attracted the current generation to take up remote learning to increase their skills and knowledge. Hence the mobile learning trend has played a key role in the growth of the massive open online courses market in the recent years.

US TARIFF INPACT

Although there is no direct tariff on the online courses, the market can be still affected by indirect causes. Since it is an online course, e-books and study materials will be provided online and when these study materials are priced in dollars, due to tariff will increase in price. US based online courses subscriptions rate can also increase due to tariff which can lead to decline in the market growth as middle class students will find it difficult to afford. It can be noted that tariff has a mixed effected on the global market as it has also resulted in the growth of the domestic MOOC market as well.

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MASSIVE OPEN ONLINE COURSES MARKET SEGMENTATION

By Type

Based on Type, the global Massive Open Online Courses Market can be categorized into CMOOC AND XMOOC

• CMOOC - Connectivist Massive Open Online Course as the name suggests is a learning program based on the connections between the instructor and learners. This is mainly focused on the learning students and their experience in online learning. As this method is based on connection it focuses more on the group projects, activities, discussions and group interactions to improve the knowledge of the students. CMOOs is flexible and the learners need not have prior qualification to start this online course. As there is a growing demand for learning the CMOOC is expected to grow with a CAGR of 43.3% during the forecast period.

• XMOOC - EXtended Massive Open Online Course is the opposite of CMOOC as it focuses on the impartation of knowledge in the traditional way from the teacher to the students. This method has recorded lectures, quizzes and assessments form the teacher and are available for the students to use whenever they want. The best way to describe this course is that it is based on university level courses for the students. The global XMOOC was valued at 9.3 billion USD in the year 2024 and this value is expected to increase and reach a value of 136.1 billion USD by the year of 2034.

By Application

Based on Application, the global MOOC market can be categorized into Education, Research & Study and Others.

• Education - MOOC are courses usually offered by colleges and universities to boost the skills and knowledge of the students. These courses have interactive videos, assignments and tasks that can be done by the students in the comfort of their home. They provide flexible study method which does not interfere with the student’s normal college courses. They are normally used to learn career related courses. The demand for MOOC has increased quite a lot after the covid-19 which demanded the students to study remotely due to fear of contact and spreading of the pandemic. Hence, the MOOC in educational sector had a surge in demand which also resulted in the MOOC market growth.

• Research and Study - MOOC provides data on the impact of remote studies, assessments on learners behaviours, skills obtained through MOOC, test their knowledge and their cognitive skills of the students. These data are helpful for the researchers to come up with high quality content to improve the study material. The MOOC also helps the researchers test new technologies and innovations that are being implemented into the courses. This played a key role to keep the courses updated to current trends and improve the market demand globally.

• Others - The MOOC provides skills not only for education and research but also for personal development, learning skills that are useful for day to day life and MOOC can be tailored to the learner’s preferences. This segment holds quite a market share globally and has led to considerable market growth in recent years.

MARKET DYNAMICS

Market dynamics includes driving and restraining factor, opportunities and challenges stating the market conditions.

Driving Factors

Remote Learning Propelling the MOOC Market Growth

Due to COVID-19 pandemic many educational and learning institutions opted for remote learning which helped the students to start learning without interacting with fellow classmates. So during this time MOOC market gained rapid growth. Educational institutions started providing online courses both in CMOOC and XMOOC method, catering to the needs and the learning capabilities of the students. Hence this has become the key driving factor for the MOOC market growth globally.

Cost Effective Factor Fuelling the MOOC Market Growth

MOOC form of learning is cost effective compared to traditional learning forms. This makes the industry attractive to the middle class which contributes to the massive consumer market globally. MOOC provides high quality education at an affordable price which has played as a driving factor for the market growth in the global scale.

Restraining Factor

Increase in the Drop Out Rates Restraining the Market Growth

One of the most notable defects of the MOOC is that it has a high dropout rate. Since there are no teachers to invigilate whether the students complete the course, it leads to a huge drop out mid-way through the course. Lack of motivation has also resulted in the same issue. As a result, this poses a restraining factor that has impacted the market growth for a long time.

Technological Advancement Providing New Opportunities for the Market Growth

Opportunity

Modern MOOC industry uses technologies such as AI, virtual reality and AR to enhance the quality of the online courses. Using these technologies helps the students to learn through real life scenarios and learn in an effective way. This leads to quality education. Hence it creates opportunities for the global MOOC market growth.

Plagiarism and Cheating in Online Courses

Challenge

Online courses are not monitored hence during online exams it is easy for the students to cheat and plagiarise the assignment. As a result, it is hard to maintain academic integrity and quality education. This poses a challenge that could be hard to overcome and can affect the MOOC market growth globally.

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MASSIVE OPEN ONLINE COURSES MAREKT REGIONAL INSIGHT

• North America

US is known for providing various online courses and there are many well know companies that provide these courses. Some of them include Coursera, edX and from universities like Harvard and other significant colleges. Since the online courses are flexible and affordable it has gained quite a momentum among the younger generations. This has resulted in the demand and growth for the market in the US. The US massive open online courses market is projected to reach the value of 10.37 billion USD by the year of 2037.

• Europe

MOOC is available almost in all the countries in Europe. The Europe Massive open online courses market share is quite significant. The demand for the MOOC is mainly due to remote learning, affordable and flexible learning options. MOOC offers options such as courses for career change, courses for finding out new interests and even courses for developing new skills related to career and education. As a result of demand the MOOC market is currently valued at 5.22 billion USD and it will expand and reach a value of 25.46 billion USD by the year of 2030. Countries like UK, Germany, France and Italy are the dominant MOOC industry players.

• Asia

In Asia the growth of the market was fuelled by factors such as increasing access to internet, mobile, affordable courses and flexible and easy learning courses. Universities in Asia have now started to offer MOOC courses to improve the skills of the learners. The MOOC is a growing market in Asia-Pacific region and it is expected to expand and grow and reach a value of 13.6 billion USD by the year 2027. Among the Asia-pacific countries India, South Korea and China are considered as the dominant industry players.

KEY INDUSTRY PLAYERS

Key Industry Players Shaping the Market Through Innovation and Market Expansion

The MOOC market key industry players are responsible for the market growth. They come up with new strategies and marketing tactics to promote the market on the global scale. The dominant industry players are responsible for assigning the cost of the product and are also responsible for the smooth distribution and supply chain in the global market.

List Of Massive Open Online Courses Market Companies

• Udemy (US)
• EdX (US)
• Iversity (Germany)
• FutureLearn (UK)
• PIER - International Education Services (Australia)
• Udacity (US)
• Coursera (US)
• StraighterLine (US)
• Khan Academy (US)
• Apple (US)
• Academic (US)
• Peer 2 Peer University (US)
• Veduca Edtech (Brazil)
• NovoEd (US)
• Crypt4you (Spain)
• Codecademy (US)

KEY INDUSTRY DEVELOPMENT

MAY 2024: In 2024, a MOOC company in Japan called the Tokyo Tech Academy for Super-Smart Society restarted a beginner-friendly courses. These courses have garnered quite a lot of new admissions. As these course are for beginners they are easy to learn. This course was provided to the MOOC by edX. Since no prior knowledge was required many found the course easy and interesting and it even provided the tools need for the course at free of cost which also attracted quite a lot new generation students.

REPORT COVERAGE

This report covers the basics of the Massive open online courses market and their market growth in the recent years. Their latest trends that helps with the market growth and the impact of US tariff on the global market.

The article also briefly covers the segmentation of massive open online courses market based on type and application and their effect on the global and regional market.

The report describes the driving factors and opportunities that propel the market growth. The restraining factors and challenges that results in the decline in the market growth. It also covers the effect of key industry players’ role in the market growth, key industry development that have taken place in the Massive open online courses market.