Massive Open Online Course (MOOC) Market to Register 35% CAGR, Surpassing US$ 152 Billion by 2032
North America to Vanguard Sales in MOOC Market; Asia Pacific to be the Ed-Tech Hotspot for MOOC Providers
The massive open online course (MOOC) market analysis offered by Fact.MR scrutinizes key growth factors that are impacting sales in the market. The report provides in-depth insights covering key factors such as drivers, opportunities, key players' strategies, and demand outlook. In addition to this, the study analyzes latest trends across various segments such as customer category, primary objective, program, course, model, across regions.
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- The global massive open online course (MOOC) market is valued at US$ 7.55 Billion in 2022, and is expected to reach US$ 152 Billion by 2032. Increasing digitization, high penetration of smartphones, easy access to high-speed internet, and availability of MOOC courses at affordable prices are the key factors driving the market.
Regionally, North America is likely to vanguard sales in the MOOC market, with the U.S. accounting for leading share. In addition to North America, countries in Asia Pacific such as China and India are likely to emerge as key hubs for MOOC during the assessment period (2022-2032).
The shift toward digital learning has accelerated growth of global massive open online course market. Students across the globe have now become comfortable with online mode of learning which has helped in reducing their reluctance.
Further, MOOC providers have also worked on their user interface (UI) to help students in easily accessing and understanding the course material. These factors have led to positive perception among students, and are likely to contribute toward growth of massive open online course (MOOC) market during the assessment period.
For Critical Insights on this Market, Request for More Info at
As per Fact.MR's analysis, concerns related to extended screen time, and ongoing debate on classroom learning vs online learning is a key challenge for massive open online course market. As per a study by Brookings Institution, performance of students taking online classes is not as par with those taking in-person classes. Although massive open online course market players are focusing on addressing these concerns, these factors can affect market growth in short-term.
To Gain In-depth Insights into Massive Open Online Course (MOOC) Market, Request Methodology at https://www.factmr.com/connectus/sample?flag=RM&rep_id=3077
The massive open online course market is fairly consolidated, as many new companies have entered the market in the recent past. MOOC providers are focusing on mergers & acquisitions, along with expanding into lucrative markets to boost growth.
Key Companies Profiled by Fact.MR
More Valuable Insights on Massive open online course Market
In the latest study, Fact.MR offers a detailed study on global massive open online course market for the forecast period of 2022 to 2032. This study also highlights key drivers promoting the sales of massive open online course with analysis across below segments:
By Customer Category:
By Primary Objective:
Get Customization on this Report for Specific Research Solutions
Key Questions Covered in the Massive Open Online Course (MOOC) Market:
Explore Fact.MR's Coverage on the Technology Domain
e-Learning Apps Market: The global e-Learning apps market is set to grow at 7.1% CAGR during 2022-2032, and reach US$ 476.5 Billion in 2032. North America is likely to be the leading market for e-Learning apps, accounting for 41.3% share in 2021.
Learning Remote Controls Market: The global learning controls market is set to grow at a steady pace during 2022-2032. Universal connectivity of learning remotes and advancements in wireless technology are likely to provide an impetus to market growth.
IoT in Education Market: Growing penetration of IoT and Big Data in education field is likely to create sizeable opportunities for IoT in Education market players during 2022-2032. Leading market players are focusing on providing cutting-edge technologies to boost their share in this growing industry.
Medical Education Market: The growing trend of online education has significantly leveraged market prospects for medical education. The onset of the coronavirus pandemic has further augmented its popularity. In the years to come, online education is anticipated to become the new normal
Augmented Reality (AR) in Education Market: Augmented Reality (AR) in Education Market by Product (AR Solutions in Education, Use of AR Hardware in Education, AR Content Management in Education, AR Gaming in Education), by Application (AR in K-12, AR in Primary and Secondary Education), by Region - Global Insights 2031
Check it Out More Reports by Fact.MR on Technology Industry
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range – from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories. We are committed to deliver insights that help businesses gain deeper understanding of their target markets. We understand that making sense of the vast labyrinth of data can be overwhelming for businesses. That's why focus on offering insights that can actually make a difference to bottom-lines.
Specialties: Competition Tracking, Customized Research, Syndicated Research, Investment Research, Social Media Research, Business Intelligence, Industry Analysis, Thought Leadership.