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MOOCs: Revolutionizing Learning Anytime, Anywhere and Across Devices
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Massive Online Open Courses or MOOCs are a disruptive digital learning service that is revolutionizing how K-12, higher education, continued learning, and employee training are being conducted today. In 2016, the size of the global MOOCs market was estimated to be approximately $2 billion; the market is expected to grow to $8.5 billion by 2022, at a 425% growth rate from 2016 to 2022. The market is driven by growth of the video medium as a preferred method of learning; this meets the "anytime-anywhere" learning needs of students. To capitalize on this trend, educational institutions need to expand enrollment and market their degree programs to a wider audience.This insight presents:· A detailed global market trend analyses—inclusive of market drivers, market restraints, technology trends, and competitive analysis· A discussion on existing use cases and a competitive landscape, in terms of major participants and market share analysis· Market forecasts running up to 2022 with the base year of the study as 2016
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