A massive open online course abbreviated as MOOC is an online course whose main objective is to acquire limitless viewer participation and open access through internet. These MOOCs offer interactive user forums facilities to promote online communications between teachers and students. MOOC is the widely researched development platform just recently introduced in the field of distance education. It was first launched in year 2008 and evolved as the most popular learning mode in year 2012. The massive open online course market is predicted to expand from 1.78 billion USD in year 2015 to 20 billion US dollars by the end of year 2022 with a CAGR growth rate of 35%.
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The massive open online course market is bifurcated into different sections like courses, end users, platforms, services and geographical regions.
The massive open online course market by platform is segmented into XMOOC and CMOOC platforms. The demand for this massive open online course platform is predicted to increase from the organizations and institutes imparting online education. The main aim of massive open online course market sector is to offer online education platforms in order to evaluate these platforms at the time of their developmental and deployment stage as well as ascertain that these platforms maintain international standard.
The massive open online course market by course is bifurcated into science, education & training, business management, humanities, health& medicine, computer science & programming and engineering.
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The massive open online course market by services is divided into training services, consulting services, support services and implementation services.
The massive open online course market by end user is bifurcated into high school student, undergraduate student, postgraduate student and corporate executive student.
The massive open online course market by services is sectioned into sub continent of North America, continent of Europe, APAC zone, region of Latin America and region of Middle East & Africa.
The stakeholders of the massive open online course market includes educational support service providers, massive open online course users, state & local governments, business providers, technology platform providers, non-profit organizations and VET providers. The target audience of massive open online course is massive open online course platform vendors, internet service providers, massive open online course service providers, telecommunication service Providers, mobile equipment producers and network device producers.
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