COVID-19 Impacts: MOOCs Market Will Accelerate at a CAGR of Over 40% Through 2020-2024 | Proliferation of Regional MOOCs to Boost Growth | Technavio
LONDON--(BUSINESS WIRE)--Aug 10, 2020--
Technavio has been monitoring the MOOCs market and it is poised to grow by USD 17.70 billion during 2020-2024, progressing at a CAGR of over 40% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global MOOCs Market 2020-2024 (Graphic: Business Wire).
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.Please Request the Latest Free Sample Report on COVID-19 Impact
Frequently Asked Questions-
- What is the year-over-year growth of the MOOCs market in 2020?
Technavio says the year-over-year growth of the market is estimated to be 29.49% in 2020.
- At what CAGR is the market projected to grow during the forecast period 2020-2024?
Growing at a CAGR of over 40%, the market growth will accelerate during the forecast period.
- What is the key factor driving the market?
The proliferation of regional MOOCs.
- Who are the top players in the market?
Coursera Inc., edX Inc., FutureLearn Ltd., iversity Learning Solutions GmbH, New Oriental Education and Technology Group Inc., Pearson Plc, Think & Learn Pvt. Ltd., Udacity Inc., Udemy Inc., and XuetangX are the top players in the market.
- Which region is expected to hold the highest market share?
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Coursera Inc., edX Inc., FutureLearn Ltd., iversity Learning Solutions GmbH, New Oriental Education and Technology Group Inc., Pearson Plc, Think & Learn Pvt. Ltd., Udacity Inc., Udemy Inc., and XuetangX are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The proliferation of regional MOOCs has been instrumental in driving the growth of the market. However, credentialing issues might hamper market growth.
MOOCs market 2020-2024: Segmentation
MOOCs market is segmented as below:
- Business And Management
- Arts And Humanities
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample:https://www.technavio.com/talk-to-us?report=IRTNTR40509
MOOCs market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our MOOCs market report covers the following areas:
- MOOCs market size
- MOOCs market trends
- MOOCs market industry analysis
This study identifies the rising emphasis on collaborative learning in higher education as one of the prime reasons driving the MOOCs market growth during the next few years.
MOOCs market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the MOOCs market, including some of the vendors such as Coursera Inc., edX Inc., FutureLearn Ltd., iversity Learning Solutions GmbH, New Oriental Education and Technology Group Inc., Pearson Plc, Think & Learn Pvt. Ltd., Udacity Inc., Udemy Inc., and XuetangX Backed with competitive intelligence and benchmarking, our research reports on the MOOCs market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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MOOCs market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist MOOCs market growth during the next five years
- Estimation of the MOOCs market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the MOOCs market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of MOOCs market vendors
Table of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type placement
- xMOOCs - Market size and forecast 2019-2024
- cMOOCs - Market size and forecast 2019-2024
- Market opportunity by Type
Market Segmentation by Subjects
- Market segments
- Comparison by Subjects placement
- Technology - Market size and forecast 2019-2024
- Business and management - Market size and forecast 2019-2024
- Science - Market size and forecast 2019-2024
- Arts and humanities - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Subjects
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher priced units
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Coursera Inc.
- edX Inc.
- FutureLearn Ltd.
- iversity Learning Solutions GmbH
- New Oriental Education and Technology Group Inc.
- Pearson Plc
- Think & Learn Pvt. Ltd.
- Udacity Inc.
- Udemy Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO OTHER EDUCATION INTERNET CONTINUING TRAINING UNIVERSITY PRIMARY/SECONDARY EDUCATION
SOURCE: Technavio Research
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PUB: 08/10/2020 02:30 AM/DISC: 08/10/2020 02:30 AM