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Massive Open Online Courses Market in India 2020 is the latest research study published by HTF MI that assesses the market, highlights opportunities, risk-side analysis and leverages with support for strategic and tactical decision making . The study provides information on market trends and development, drivers, capabilities, technologies, and on the changing investment structure of the Massive Open Online Courses market. Some of the key players described in the study are Brain4ce Education Solutions Private Limited (Edureka), Intellipaat Software Solutions Private Limited, Jigsaw Academy Education Private Limited, Sorting Hat Technologies Private Limited (Unacademy), Coursera Inc., Khan Academy, Simplilearn Solutions Private Limited, Skillshare International, Udacity India Private Limited, Udemy India.
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Market Outlook:
Massive Open Online Courses (MOOCs) are gaining popularity in India as they allow learners to access courses at their own pace from anywhere and anytime according to their needs via the internet. The main factors driving the growth of massive open online courses in India include increased internet penetration in the country, easy access to quality education, and industry relevant courses offered by MOOCs. The online education market in India, which includes massive providers of open online courses (MOOC), is expected to reach a value of INR 502.85 Bn by the end of 2025, expanding at a compound annual growth rate (CAGR) of ~ 41.02% during the 2020-2025 Period.
Impact of COVID-19:
The coronavirus outbreak has caused a total disruption to the educational system in India, affecting students of all ages, from preschool to postgraduate. The Indian government has temporarily closed all educational institutions across the country to contain the spread of the contagion.
With the shift from physical classrooms to online classes, the MOOC market has witnessed a steady growth in the number of free courses offered by key market players. The pandemic has made the job market immensely volatile. With millions of layoffs and rising unemployment in the country and around the world, people have been mentally affected. The unstable employment situation in the country has pushed recent graduates and professionals to opt for relevant courses to brush up on their skills or learn new ones. Thus, MOOC players have seen significant growth in the number of relevant online course subscriptions amid the lockdown.
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Market influencers:
The extensive development of the country’s digital infrastructure has played a fundamental role in advancing the massive market for open online courses in the country. Increased adoption of the Internet and the availability of high-speed connectivity, along with easy access to good-quality pocket courses from prestigious educational institutions, have further fueled the growth of the market.
However, the absence of digital literacy among citizens and the lack of technological infrastructure in certain parts of the country, especially in rural areas, constitute major obstacles to India’s huge open market for online courses. Several other factors such as lack of knowledge about online course offerings, preference for classroom teaching, and the challenge of the language barrier significantly hamper the growth of the industry.
Competitive landscape:
The massive market for open online courses in India is led by a balanced mix of established players, numerous mid-level, emerging and small players. These players provide a full range of services and solutions to their broad customer base throughout the country. Companies like Khan Academy, Coursera Inc., Skillshare International, and Udemy India are the key players in the market.
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The key responses captured in the study are
Which geography would have a better demand for products / services?
What strategies of the big players help them to acquire participation in the regional market?
Countries that can see a strong increase in CAGR and YoY growth?
How feasible is the market for long-term investments?
What opportunity would the country offer for new and existing players in the Massive Open Online Courses market?
Analysis of the risk side involved with suppliers in a specific geography?
What factors influence the demand for massive open online courses in the near future?
What is the impact analysis of various factors on the growth of the Massive Open Online Courses market?
What are the recent trends in the regional market and how successful are they?
Read the detailed index of the full research study at @ https://www.htfmarketreport.com/reports/2797385-massive-open-online-courses-market
Some excerpts from the table of contents
• Overview of the mass market of open online courses
• Size comparison (sales volume) of massive open online courses by type (2019-2025)
• Comparison of size (consumption) and massive market share of open online courses by application (2019-2025)
• Size (value) comparison of massive open online courses by region (2019-2025)
• Massive Sales, Revenue and Growth Rate of Open Online Courses (2019-2025)
• Massive open online courses Competitive situation and trends
• Players / Suppliers Distribution of high performance pigments manufacturing base, sales area, product type
• Analyze competitors, including all important parameters of mass open online courses
• Analysis of manufacturing costs of massive open online courses
• Marketing strategy analysis, research conclusions
Thanks for reading this article; You can also get an individual section per chapter or a report version per region such as North America, Europe, Asia, or Oceania. [Australia and New Zealand].
About the Author:
HTF Market Report is a wholly owned brand of HTF Market Intelligence Consulting Private Limited. HTF Market Report’s global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities, but also to empower and inspire you to create visionary growth strategies for the future, enabled by our extraordinary depth and breadth of thought leadership, research, tools and events. and experience to help you turn your goals into reality. Our understanding of the interplay between industry convergence, megatrends, technologies, and market trends provides our clients with new business models and opportunities for expansion. We focus on identifying the “accurate forecast” in each industry we cover so that our clients can reap the benefits of being first to market and achieving their “goals and objectives.”
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