Connect with us

Technology

MOOCs Market size is set to grow by USD 80.53 billion from 2024-2028, Rise in regional MOOCs boost the market, Technavio

Published

on

NEW YORK, July 1, 2024 /PRNewswire/ — The global MOOCs market size is estimated to grow by USD 80.53 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 52.7%  during the forecast period. Rise in regional MOOCs is driving market growth, with a trend towards extensive application of moocs in corporate training. However, completion rates  poses a challenge. Key market players include 360training.com Inc., Alison, Ambow Education Holding Ltd., Coursera Inc., edX LLC, Instructure Holdings Inc., iTutorGroup Inc., iversity Learning Solutions GmbH, NIIT Ltd., Pearson Plc, SAP SE, Seek Ltd., Simplilearn, SkillShare Inc., Telefonica SA, Think and Learn Pvt. Ltd., Udacity Inc., Udemy Inc., Vedantu Innovations Pvt. Ltd., and XuetangX.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

MOOCs Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 52.7%

Market growth 2024-2028

USD 80539.2 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

37.38

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 38%

Key countries

US, China, UK, India, and Italy

Key companies profiled

360training.com Inc., Alison, Ambow Education Holding Ltd., Coursera Inc., edX LLC, Instructure Holdings Inc., iTutorGroup Inc., iversity Learning Solutions GmbH, NIIT Ltd., Pearson Plc, SAP SE, Seek Ltd., Simplilearn, SkillShare Inc., Telefonica SA, Think and Learn Pvt. Ltd., Udacity Inc., Udemy Inc., Vedantu Innovations Pvt. Ltd., and XuetangX

 

Market Driver

MOOCs (Massive Open Online Courses) have revolutionized corporate training by offering flexible, cost-effective solutions. They enable self-paced learning for technical and non-technical courses, enhancing productivity and employee engagement. MOOCs are popular among enterprises for technical education and skill development tracking. Governments also utilize MOOCs for workforce development. In the SMB sector, MOOCs help manage skills gaps by aligning employee training with business needs, saving resources and maintaining productivity. 

The MOOCs market is experiencing significant growth with various classes and programs available online. Education providers use technology to deliver flexible and affordable learning opportunities. Classes cover a wide range of topics, including tech skills, business, and academics. The use of classrooms and live instructors adds a more interactive experience. Classes are self-paced, allowing learners to progress at their own speed. Companies and individuals utilize MOOCs for professional development and upskilling. The future of education is moving towards a more accessible and convenient learning experience. MOOCs provide an effective solution for those seeking to expand their knowledge and skills in a flexible and cost-effective manner. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The MOOCs market is expanding rapidly with numerous vendors introducing new courses. However, persistently low completion rates remain a significant challenge for vendors’ profitability. Technical courses typically have completion rates below 15%, affecting investor confidence and learner perception. Factors contributing to this issue include inconsistent content quality, limited digital curriculum innovations, and insufficient recommendation systems. Customization using embedded analytics is also limited due to large learner bases. Addressing these challenges is crucial for enhancing learner engagement and improving completion rates in the MOOCs market.The MOOCs market has seen significant growth in recent years, with classes and courses available on various topics. However, this market also presents several challenges. One challenge is ensuring effective engagement and interaction between students and instructors in an online environment. Another challenge is maintaining the quality of education and ensuring that certificates issued are recognized by employers. Additionally, privacy and security concerns, as well as the need for technical support, can pose challenges for both learners and providers. Despite these challenges, the potential benefits of MOOCs, such as flexibility, affordability, and access to high-quality education, make them an attractive option for individuals seeking to upskill or reskill.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This moocs market report extensively covers market segmentation by  

Type 1.1 xMOOCs1.2 cMOOCsSubjects 2.1 Technology2.2 Science2.3 Business and management2.4 Arts and humanities2.5 OthersGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 xMOOCs-  The xMOOCs market, which offers university-level courses to a large learner base, is expected to grow steadily. Market leaders like Coursera and Udacity use this model for higher education and corporate learners. XMOOCs provide structured video lectures, assessments, degrees, certifications, and digital badges, making it easier for providers to attract and retain learners. Pricing leverage and course flexibility are additional benefits. However, challenges such as lack of direct student-teacher interaction and limited student discussions are being addressed through innovative learning methods like gamification and discussion forums.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The MOOCs (Massive Open Online Courses) market has experienced significant growth in recent years, driven by the digitalization of education and the widespread use of the internet. Traditional classroom education is being complemented by digital learning technologies such as Blockchain, Artificial Intelligence (AI), data science, data analytics, statistics, machine learning, and cybersecurity. These technologies enable self-paced learning, real-time discussions, and face-to-face interactions, making education more accessible and democratized. Postgraduate degree programs in computer science, as well as various technology skills, are increasingly being offered online through video streaming platforms. Scalability is a key advantage of MOOCs, allowing educators to reach learners from all over the world. The market for online courses continues to expand, offering opportunities for individuals to acquire new skills and knowledge in a flexible and convenient manner.

Learn and explore more about Technavio’s in-depth research reports

The online language learning market has seen remarkable growth, driven by increased globalization and the demand for bilingual professionals. Platforms offering flexible, interactive learning experiences attract a diverse range of users, from students to professionals seeking to enhance their skills. Simultaneously, the market for alternative non-credential courses is expanding. These courses provide specialized knowledge and practical skills without formal degrees, appealing to individuals looking for career advancement, personal development, or a career change. Both markets are characterized by innovative delivery methods, personalized learning experiences, and a focus on accessibility, making education more inclusive and effective.

Market Research Overview

The Massive Open Online Courses (MOOCs) market has experienced significant growth in recent years, offering flexible and affordable education opportunities to learners worldwide. These courses cover a wide range of topics, from technology and science to business and humanities. MOOCs are delivered through various platforms, allowing learners to access high-quality education from top institutions and experts. The market is driven by advancements in technology, increasing demand for continuous learning, and the need for cost-effective education solutions. MOOCs also offer learners the flexibility to learn at their own pace and schedule, making education more accessible than ever before. The future of education is being redefined by MOOCs, providing limitless opportunities for learners to expand their knowledge and skills.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeXMOOCsCMOOCsSubjectsTechnologyScienceBusiness And ManagementArts And HumanitiesOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/moocs-market-size-is-set-to-grow-by-usd-80-53-billion-from-2024-2028–rise-in-regional-moocs-boost-the-market-technavio-302185814.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Where the World Smiles Together: Honouring Hospitality on April 24

Published

on

By

International Hospitality Council and IIHM Lead Global Tribute to Hospitality’s Human Touch

LONDON and KOLKATA, India, April 26, 2025 /PRNewswire/ — Hospitality is an industry of hope and growth. It spans snow-capped mountains, sunny beaches, forests, and deserts—where dreamers, innovators, and doers work every day to deliver comfort and happiness.

On April 24, International Hospitality Day (IHD) 2025 was celebrated globally by professionals and institutions across over 60 countries. The virtual programme was hosted by the International Hospitality Council (UK) and the International Institute of Hotel Management (IIHM), India’s largest and premier multi-campus institute for hospitality education.

“I realised there’s a day for every profession – except for one dedicated to those whose mission is to bring joy to others: the hospitality industry. And so, International Hospitality Day was born on April 24,” said Dr Suborno Bose, Creator of IHD, Chairman of IHC, and Chairman of IIHM & Indismart Group, Worldwide.

Established in 2016 by the International Hospitality Council (IHC) and IIHM, IHD was born out of a shared vision between Prof. David Foskett, OBE, Chairman of IHC London, and Dr Suborno Bose. It unites hospitality, travel, and tourism professionals to exchange ideas, promote excellence, and build a spirit of global solidarity.

The IHC continues to champion the hospitality sector worldwide by encouraging collaboration, shaping forward-thinking policy, and promoting education and employment. As in previous years, this year’s celebration featured the Virtual Global Hospitality Summit, where industry leaders reflected on challenges, shared insights, and honoured hospitality’s human essence.

“There was a day for everyone,” Dr Bose reiterated, “but none for hospitality. We created that day.”
“IHD stands on three pillars: Promote, Educate, Celebrate.”

He also underscored IHC and IIHM’s commitment to sustainability, youth enterprise, and initiatives like Young Chef India, which identifies and supports the country’s top culinary student to represent India at the Young Chef Olympiad, the world’s largest gathering of student chefs.

Prof. David Foskett, OBE, echoed the spirit of IHD:

“Hospitality is simple. Speak from the heart. Make people happy. Create careers and contribute to the economy. Most importantly, say thank you – especially to our students.”
“A country without hospitality is barren. A country with hospitality is fertile.”

Two key panel discussions were held during the summit:

Hospitality in the Age of Artificial Intelligence
Moderated by Prof. Neil Rippington (International Director, IIHM), with speakers:Ms Riya Mittal, Product Manager and MSc Engineering Management, USCMr Michael Grove, CEO – HotstatsMs Alexandra Janosek, Instructional Designer, Worldwide Curriculum DesignProf. Sandip Mukherjee, Professor Emeritus – IIHM

While technology is revolutionising efficiency and guest experience, the panel agreed that the essence of hospitality—its heart and human touch—remains irreplaceable.

Hospitality: India’s New Growth Story
Moderated by Diwan Gautam Anand, President of the IIHM International College of Distinguished Fellows, the panel featured:Mr K Mohan Chandran, Sr Vice President Operations, Taj HotelsMichelin-starred Chef Chris GalvinMr Yogendra Agnihotri, Sr Regional Director (North and East), Radisson HotelsMs Jyoti Mayal, Chairperson, THSC & President, TAAIMr Rajiv Kapoor, GM, Fairmont Mumbai

The consensus: India is setting a global example by listening, innovating, and serving from the heart—because, as noted, “an unhappy customer doesn’t complain, she simply leaves.”

The celebration paused for a moment of silence in memory of those lost in the Pahalgam tragedy.

Diwan Gautam Anand, iconic hospitality leader and President of FIIHM, closed the summit with a poignant message:

“Thank you for being present on such a landmark day. It is dedicated to all of us who know that time doesn’t erase, it transforms.”

This year’s IHD also witnessed the induction of 65 new Esteemed Fellows into the IIHM International College of Distinguished Fellows (FIIHM). Guided by the motto Fiat Lux (Let there be light), FIIHM is committed to mentoring and shaping future hospitality leaders.

The selection panel included:

Prof. David Foskett, OBE, Chairman – IHC LondonDr Suborno Bose, Chairman – IHC & IIHMMr Ron Scott FIH, International Director, Indismart Group; Director/Secretary, IHC Foundation; Director, APIU Global Limited, UKMr Nakul Anand, Former Executive Director, ITC LtdDiwan Gautam Anand, President, IIHM International College of Distinguished Fellows

Special awards were presented to honour excellence and dedication in the industry. Icons from around the globe extended their wishes.

“This is to express gratitude to Suborno Bose for coining today as International Hospitality Day,” said Mr Puneet Baijal, General Manager, Hyatt Regency Ahmedabad (FIIHM). “IIHM has become an integral part of the industry, and its students are among the best.”

Mr K Mohan Chandran, Sr Vice President Operations, IHCL (FIIHM 2025), stated, “This day honours the global fraternity of hospitality professionals and acknowledges the dedication of team members who make guests feel at home.”

Chef Garry Mclean, the first National Chef of Scotland (FIIHM), added, “Let’s raise a glass to the dedication and resilience of those who make this industry what it is – from chefs to servers to housekeeping staff.”

The World’s Warmest Industry truly had its day. But hospitality is not just about one day—it’s about every day. IHD has become one of the largest global celebrations of unity and inclusivity – a tribute to the human spirit in a world that needs many helpings of kindness to be satiated and at peace.

Contact: Mr. Sujay Gupta, +91 9923057937

Photo – https://mma.prnewswire.com/media/2673903/World_Smiles_Together.jpg

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/where-the-world-smiles-together-honouring-hospitality-on-april-24-302438943.html

Continue Reading

Technology

ARBOR Technology to Showcase Latest Automation Solutions at Automate 2025, Powering Machine Vision, AMR, and Smart Retail Applications

Published

on

By

DETROIT, April 26, 2025 /PRNewswire/ — ARBOR Technology, a leading provider of industrial-grade embedded computing solutions, is excited to announce its participation in Automate 2025, taking place in Detroit, USA, from May 12–15. Located in Hall E, Booth #9126.

Engineered for advanced automation tasks, the FPC-5211 supports powerful edge computing for real-time data processing and AI inference. Ideal for machine vision and smart city applications, it handles data from multiple sources—LiDAR, industrial cameras, traffic sensors—with low latency and high efficiency. This platform recently earned the Best in Show award from Embedded Computing Design at Embedded World 2025.

Designed for flexible industrial deployment, the ARES-1983H series features a din-rail mount and EzIO modular I/O system, allowing customers to easily customize configurations for factory automation, process control, and machine interfacing.

ARBOR introduces the ARTS-1670 and SB-244-RPLU for autonomous mobile robots (AMR) and automated guided vehicles (AGV). Engineered for performance and durability, these systems meet the rigorous demands of real-time navigation, sensor integration, and operational control in dynamic environments.

Built for real-time video and language model (VLM) applications, the AEC-6100 delivers top-tier AI performance at the edge. Ideal for smart surveillance, automated inspection, and robotics, it reduces latency and enhances on-site processing without compromising security.

Powered by Intel® Core™ Ultra processors, the IEC-3714 delivers 34 TOPS of AI performance in NUC size. It supports real-time video analytics for age, gender, and object recognition, enabling automated decision-making for promotions, restocking, and customer engagement.

With its MediaTek MT8781 processor and Android 14 OS, the Ruby 10 is built for mobility, featuring Wi-Fi 6E, 4G connectivity, and hot-swappable batteries for 24/7 operation. Designed for retail and logistics, it supports NFC payments, and has IP65 and 1.2m drop certifications for dependable performance in harsh environments.

ARBOR will also unveil its latest Computer-on-Module solution, offering exceptional computing scalability based on Intel’s Core Ultra and Arrow Lake platforms. These modules are optimized for embedded applications requiring compact, high-performance solutions with broad customization options.

Stanley, General Manager of ARBOR Solution, commented: “We are proud to return to Automate 2025 with a strong lineup of automation-focused solutions. Our innovations not only address the needs of traditional industrial applications but also support emerging technologies like AI and edge computing.”

Automate 2025
Detroit, Huntington Place
May 12-15
Hall E – #9126

View original content to download multimedia:https://www.prnewswire.com/news-releases/arbor-technology-to-showcase-latest-automation-solutions-at-automate-2025-powering-machine-vision-amr-and-smart-retail-applications-302438945.html

SOURCE ARBOR Technology

Continue Reading

Technology

Yiwugo App Sees Overseas Downloads Surge as Hiking Poles and Fitness Equipment Sales Skyrocket

Published

on

By

YIWU, China, April 26, 2025 /PRNewswire/ — Yiwugo.com, the official website of the Yiwu Commodity Market, is the largest commodity wholesale market in the world. Since April 14, 2025, the downloads of the Yiwugo app has surged by 200% in the Trending and Top Free charts of Google Play, driven by international tariff policy adjustments. The app has climbed into the top 30—and even top 10—download rankings across shopping app lists in countries such as the U.S., France, and Malaysia. Many merchants on the platform have reported a notable increase in direct inquiries from international buyers.

According to the Yiwu Index, the outdoor and leisure product sales in Yiwu market exceeded 2 billion yuan in 2024, maintaining an annual growth rate of approximately 9%, underscoring significant market potential. As an emerging sector, outdoor sports equipment has demonstrated robust performance in both domestic and international markets.

Big data analysis conducted by Yiwugo also reveals that transaction volumes for hiking poles doubled year-on-year between January 1 and April 1, 2025. Growing enthusiasm for mountaineering, hiking, and skiing has fueled domestic demand, while markets in Europe, the U.S., Russia, and Malaysia have also driven a spike in orders. Additionally, the National Health Commission’s advocacy for balanced diets and weight management has sparked a wave of purchases for fitness and weight-loss equipment across China.

Zhu Jinming, owner of Haoyang Outdoor Articles Firm which has specialized in mid-to-high-end hiking poles for over two decades, noted a steady rise in orders from clients in Russia and Brazil since 2021. One long-term Russian client, purchasing from Haoyang since 2007, now places annual orders exceeding 1 million yuan. The durable materials and reliable after-sales service of the company keep clients returning, even after trying other suppliers.

Similarly, Haoyang also performs well in the domestic market, with an average of around 500 cases per scenic spot  during peak tourist seasons like “May Day” at destinations such us Mount Huangshan and Mount Sanqingshan.

Yan Peng, founder of Linuo Vanguard Sport, has been a stalwart in Yiwu for over two decades, serving clients primarily from Europe, North America, and beyond. The company’s flagship products—dumbbells, barbells, and exercise bikes—have become synonymous with quality. By investing hundreds of yuan more per ton in chrome plating to ensure rust resistance, or adding an extra inner cloth layer to sandbags to prevent leakage, Linuo has cemented clients’ trust over 20 years. This dedication has also drawn growing recognition through the Yiwugo platform and word-of-mouth referrals.

One Spanish client family spanning two generations has collaborated with Yan for nearly eight years. Since partnering with Linuo, their order volume has doubled, with each shipment now amounting to at least one container.

Domestically, Yan notes a clear surge in sales of home fitness equipment like dumbbells, barbells, and competition bikes, driven by China’s national push for fitness and weight management. “Purchasing trends are shifting toward more professional-grade gear,” he observes.

The philosophy of embracing nature and prioritizing health has transcended elite circles, evolving into a lifestyle embraced by billions worldwide. As transaction figures pulse on the Yiwugo platform in early 2025, they may well hint at the blueprint of the next global trend.

View original content to download multimedia:https://www.prnewswire.com/news-releases/yiwugo-app-sees-overseas-downloads-surge-as-hiking-poles-and-fitness-equipment-sales-skyrocket-302438179.html

SOURCE Yiwugo.com

Continue Reading

Trending