Massive Open Online Course (MOOC) Market - Growth, Trends, COVID-19 Impact, andPosted by Statzy Market Research on May 13th, 2021 Massive open online courses (MOOCs) are the final stage in distance education, as these offer public educational resources to the students all around the world. They are designed to be scalable to large online masses, with free participation, and without formal requirements to provide the opportunity to learn through hundreds of public and private universities or organizations for millions of individuals around the world. However, since MOOCs became mainstream in 2012, their completion rates remain a highly debated subject. - According to the US News World Report rankings, about 22 of the top 25 US universities are now offering free online courses. Although India is very slow in catching up with the MOOC wave, the reputed Indian institutes have come forward with their offerings on specialties. IIT Bombay has collaborated with the Massachusetts Institute of Technology (MIT) and Harvard to launch MOOCs through its websites for all the interested students for free. According to The Economic Times, seven leading IITs, Infosys, TCS, Cognizant, and NASSCOM have planned to join together to launch a bunch of free online courses that could potentially help 100,000-150,000 people a year to get a high-quality education and increase their chances of employment. - In the last two years, focus on healthcare, public health, and public administration and management risen significantly in the market. Moreover, due to the recent COVID-19 outbreak, this trend has further gained momentum across the world. Recently, the University of Cape Town (UCT) witnessed a surge in its MOOC participation, since the start of global lockdowns. More than 10,000 people enrolled in the course Understanding Clinical Research, oriented for medical statistics knowledge, in direct response to the COVID-19 pandemic. As of March 2020, FUN (France Université Numérique) which is a MOOC platform that dominates the French Online Course Ecosystem announced to offer a total of 31 MOOCs, throughout the year 2020, which are categorized into two collections, "ProjetSUP" and "RéussiteSUP". Moreover, the platform re-opened its archived MOOCs in the wake of the COVID-19 pandemic. - In countries like India, Australia, and many other Asian Countries, MOOCs are becoming a part of the education system, which is expected to boost the science segment. Therefore, platforms, like SWAYAM, are offering 155 engineering courses and 108 science courses. Moreover, many companies claim that the recent COVID-19 outbreak and lockdown in many countries surged the demand for science MOOCs. In April 2020, EPFL and Mohammed VI Polytechnic University (UM6P) in Morocco launched a new online learning portal featuring 41 MOOCs developed at EPFL. The platform is the first output of a partnership deal struck between the two institutions shortly before the COVID-19 outbreak. Additionally, during the lockdown, the university reported that the program attracts many students from the rest of Morocco's engineering schools. For sample report please visit : https://www.statzyreports.com/report/sr498349/massive-open-online-course-mooc-market - According to Class Central, among the top 100 online courses until now, technology holds the most significant number. Some of the most enrolled courses in the technology segments in the last few years are Introduction to Interactive Programming in Python (Rice University via Coursera), Getting Started with Python (the University of Michigan via Coursera), Machine Learning (Stanford University via Coursera), Introduction to Programming with MATLAB (Vanderbilt University via Coursera), Elements of AI (the University of Helsinki via Independent) and Divide and Conquer, Sorting and Searching, and Randomized Algorithms (Stanford University via Coursera), among others. - According to the industry experts, the most common subjects for MOOC-based degrees are computer science, IT, data science, and combinations thereof (e.g., IT management, cybersecurity). Georgia Tech’s online master’s degree in computer science (OMSCS), which is offered on Udacity and has over 9,000 students. Georgia Tech also released a second, similar program in 2019 on the edX platform. The Online Masters of Science In Analytics could be completed for less than USD 10,000. Three of Georgia Tech’s OMS Analytics foundational courses form the Analytics: Essential Tools and Methods MicroMasters credential program on edX. - Moreover, in January 2020, Esri, a location intelligence provider, announced a new massive open online course (MOOC) on spatial data science. It is a no-cost course, with a 6-week time-frame on its training website. It would also include full access to ArcGIS Pro, ArcGIS Online, and ArcGIS Notebooks software. Moreover, according to Class Central, as of January 2020, over 10,000 students enrolled in a MOOC-based degree program, with most of the enrolled students arising from two universities and three online degrees: the Online Master’s Degree in Computer Science (Georgia Tech with Udacity), the Online Master of Science in Analytics (Georgia Tech with edX), and the iMBA (University of Illinois Urbana Champaign with Coursera). - Furthermore, according to the Class central MOOC report 2019, China currently offers more than 12,500 MOOCs. The most prominent MOOC provider is iCourse, which was run by Chinese University MOOC, which launched about 600 courses in 2018 and presently delivers 2,500 different MOOCs. Moreover, the Chinese government has set the target for 3000 MOOCs by the end of 2020. Also, there is a 22-story tower in Beijing names as MOOC Times Building that houses a government-supported incubator for edtech companies. In August 2019, about 270 million people took massive open online courses (MOOC) in China, according to the Ministry of Education. About 80 million were college students out of total users. - MOOCs gained popularity in India for over half a decade for students and professionals, especially in technology and engineering, who found it difficult to upgrade their skills in the ever-changing and disruptive world of technology. According to the class central MOOC report 2019, India invested more than USD 33 million in SWAYAM. Instead of such higher cost, the platform is open, SWAYAM courses are free to take. Besides, India hopes to raise national enrollments in higher education to 30% by 2021. According to Coursera, out of 35 million users worldwide, India has the most significant number of learners on the Coursera platform after the United States. - According to mezzomedia, in 2019, 44% used Social media (blog, cafe by Naver, Daum), and 43.6 % used portal for online learning education in South Korea. According to a mezzomedia survey conducted in South Korea in 2019, around 36.7% of the respondents reported that they spent two to three hours per day learning online.This shows that owing to more usage of the Korean language at all levels, people are interested in learning different languages through an online platform, which makes them use MOOC as the platform, as it contains a variety of contents that are easily accessible and feasible. Moreover, significant universities in the country, such as Seoul National University, offer MOOC courses SNUx helpful in various fields, ranging from business, politics, natural science, technology, and the arts. - March 2020 - Coursera is making its entire course catalog free to universities worldwide to help counter the disruption caused by the coronavirus pandemic, forcing campuses to stop in-person teaching. The announcement comes as more institutions across the globe were instructed to suspend classes to halt the spread of COVID-19. In Italy's footsteps, Europe's most affected country, Poland, Ukraine, and Hungary, have now ordered campus closures alongside a slew of US states. For sample report please visit : https://www.statzyreports.com/report/sr498349/massive-open-online-course-mooc-market Like it? Share it!More by this author |