Global Massive Open Online Course’s (MOOCs) Market Revenues to reach $1.5BN in 2014, According to a New Study on ASDReports

Monday 2 March 2015, Amsterdam

The report's analysis indicates that the total value of the MOOCs market will reach $1.5 billion in 2015, fuelled by an ever increasing demand from education sector and corporations requiring MOOCs based training systems.

The MOOC’s market is exhibiting great potential to grow exponentially over the next few years. In 2015, the technology is poised to see substantial uptake due to the growing number of connected devices, high enrolment rates in MOOCs, the increasing acceptance of MOOCs based training in enterprises around the globe and the increasing demand for low cost, high quality and globalised education.

Consumer devices such as smartphones, tablets, wearable gadgets and eReaders are currently enjoying high adoption rates across the globe. With the ever increasing number of connected devices, MOOCs has the potential to disrupt higher education through widespread uptake of distance learning.

MOOCs appears as a very lucrative and commercially interesting solution for many companies looking to implement effective training programs for employees, MOOCs has the potential to revolutionize the corporate learning industry. The report believes that 2015 will be a pivotal year and one of significant growth for MOOCs market as vendors address demands of higher education providers, schools and organizations. Not only will the MOOCs market flourish across education & learning sector. This growth will also generate additional demand across many industries especially wireless infrastructure, big data and cloud computing. The IT sector will also witness huge growth through widespread implementation of Big Data to derive maximum value from the valuable data collected via MOOCs and Cloud services for the seamless delivery of MOOCs no matter where you are located. As a consequence, This report expects global MOOCs revenue to reach $1.5 billion in 2015.

The Report Massive Open Online Courses (MOOCs) Market 2015-2020: mEducation, Distance Education & e-learning: Disruptive Innovation in Higher Education commented that ‘MOOCs is widely being acknowledged as being the future of learning, the report expects widespread adoption of MOOCs around the globe as more and more categories of devices become connected, the prospects for MOOCs will broaden, gradually it becoming an indispensable part of enterprise training and a vital learning tool in schooling and higher education.’

The 136 page report contains 87 tables, charts and graphs that add visual analysis in order to explain developing trends within the MOOCs market. The report provides forecasts for the period 2015-2020 in terms of value (US$) for the global MOOCs market, as well as for submarket breakdown of the forecasts. The report also provides profiles of 22 leading vendors operating within the market and key developments in the vendor landscape.

The report provides a holistic view of the global MOOCs market and lays a strong emphasis on the dynamics of the market, with a critical analysis of how key industry players can effectively leverage the market in order to get ahead of competition. The report looks at established, emerging and innovative market players, their different offerings and the current and future outlook of the MOOCs market on a global and regional level.