Massive open online courses are distant learning courses which can be accessed over the internet by interested people. They cover a wide range of topics, can be accessed by an unlimited number of participants, and often provide certificates from recognized universities upon completion. Massive open online courses generally provide a variety of course material such as reading material, filmed lectures, and assignments. Some of them also offer interactive forums for students, lecturers, and other stakeholders. Distant learning previously referred to correspondence courses where the student interacted with the educational institution by post. However, this model witnessed a high attrition rate with only a few people completing the entire course. With the rising acceptance of the internet, distant learning became online-based, leading to the invention of massive open online courses which were introduced around 2006 and their name coined in 2008 by University of Prince Edward Island’s Dave Cormier. Massive open online courses gained popularity around 2012. The market comprises different types of organizations including massive open online course providers, educational universities, venture capitalists, and non-profit organizations (such as the National Science Foundation and Bill & Melinda Gates Foundation). Venture capitalists active in the massive open online course market include Andreessen Horowitz (a16z) and New Enterprise Associates. Several premier universities are also associated with these courses such as Massachusetts Institute of Technology, Stanford University, and Harvard University.

Planning to lay down future strategy? Perfect your plan with our report sample here https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=27197

The market for massive open online courses is primarily driven by the growing need for online executive programs for working individuals, additional skills among professionals, competitiveness in a job role, and professional training in various subjects. To cater to these needs, several players in the massive open online course market are currently offering executive programs for professionals. The fee can range from a few dollars to a few hundred dollars depending on the course undertaken, motivating the global market. Additionally, the growing penetration of the internet has been leading to better awareness regarding these courses. Furthermore, the rising cost of the traditional mode of education coupled with the presence of reliable online training courses are some of the other factors positively impacting the market for massive open online courses. However, concerns regarding the acceptability of certificates from massive open online courses in the industry and other educational institutes have been restraining the market to some extent. Taking into consideration the growing number of subjects covered by massive open online courses and their ease of access, the market is estimated to foresee numerous growth opportunities during the forecast period.

The global market for massive open online courses has been segmented on the basis of stream into the following categories: business management, science, humanities, computer science & programming, and engineering. In terms of region, the market has been distributed over North America, Europe, Asia Pacific, South America, and Middle East & Africa (MEA). North America was the leading market in 2016 followed by Europe and Asia Pacific and is predicted to retain its position during the forecast period.

Key companies in the massive open online courses market include Coursera (U.S.), edX, Inc. (U.S.), Instructure, Inc. (U.S.), Udacity, Inc. (U.S.), iversity Learning Solutions GmbH (Germany), and WizIQ (India).

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

Looking for exclusive market insights from business experts? Buy Now Report here https://www.transparencymarketresearch.com/checkout.php?rep_id=27197&ltype=S

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

LEAVE A REPLY

Please enter your comment!
Please enter your name here