The global Massive Open Online Courses (MOOCs) market will grow at a CAGR of 56 percent to 2018, according to a report from Research and Markets.
Massive open online courses are changing the world of education by providing free online courses for higher education, executive education, and employee development. These courses are provided by well-qualified lecturers from some of the most renowned institutes in the world. These courses provide virtual education to people from any corner of the world where there is accessibility to the internet. Massive open online courses are expected to complement the future of higher education in the world.
The global MOOC market has experienced tremendous growth in the past few years and 2012 came to be known as the year of MOOCs, as coined by the New York Times. Many major MOOC players launched their services in the market during the same year and the market is expected to show further growth in the coming years.
—More info: www.researchandmarkets.com/research/ t8cflx/global_massive