Global Massive Open Online Courses Market 2014-2018: Key Vendors are Coursera, edX, Udacity and Udemy

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Sep 11, 2014, 12:47 ET

DUBLIN, Sept. 11, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Massive Open Online Courses Market 2014-2018" report to their offering.

Massive open online courses are changing the world of education by providing free online courses for higher education, executive education, and employee development. These courses are provided by well-qualified lecturers from some of the most renowned institutes in the world. These courses provide virtual education to people from any corner of the world where there is accessibility to the internet.

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Massive open online courses are expected to complement the future of higher education in the world. The Global Massive Open Online Courses market has experienced tremendous growth in the past few years and 2012 came to be known as the year of MOOCs, as coined by the New York Times. Many major MOOC players launched their services in the market during the same year and the market is expected to show further growth in the coming years.

The analysts forecast the Global Massive Open Online Courses market will grow at a CAGR of 56.61 percent over the period 2013-2018.

The Global Massive Open Online Courses market can be segmented on the basis of pedagogy into: cMOOC and xMOOC. The report discusses the market segmentation based on student demographics and course preferences, as well as the market landscape and its growth prospects in the coming years.

The report, the Global Massive Open Online Courses Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions as well as the key leading countries in this market. It also provides in-depth overview of the revenue generation models adopted by the vendors in the market and discusses the key vendors operating in this market.

Big data tools and analytics are increasingly contributing to the increasing popularity of MOOCs. Universities are turning to MOOC providers for large student data analyses. Examination outcomes and assignment grading are made easy with MOOCs because of the online nature, which is otherwise a slow and tedious procedure with traditional data gathering techniques. The records are easily managed with big data tools, giving educators the advantage of real-time data management

According to the report, the Global MOOCs market is driven by several factors. One of the major factors that are driving the growth of the market is the rising cost of education. Education is an important aspect for employment in today's world but the rising costs, increasing student loan debts, and declining average pay of graduates have made it difficult for students to receive quality education. As a result, students are opting for MOOCs as these courses are of low cost and provide much better quality of education.

Further, the report states that the future of the Global Massive Open Online Courses market is, however, constrained by certain factors. The main factor is the low completion rates of students enrolled in MOOC programs. In 2013, the average completion rate of MOOCs was less than 7 percent. This was mainly because of the lack of motivational factors such as college credits or certifications.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

Five Forces Analysis

07. Market Segmentation by Pedagogy

08. Market Segmentation by Student Demographics

09. Market Segmentation by Course Preference

10. Revenue Generation Models Of MOOC

11. Geographical Segmentation

12. Key Leading Countries

13. Buying Criteria

14. Market Growth Drivers

15. Drivers and their Impact

16. Market Challenges

17. Impact of Drivers and Challenges

18. Market Trends

19. Trends and their Impact

20. Vendor Landscape

21. Key Vendor Analysis

22. Other Reports in this Series

Companies Mentioned: