Among the various e-learning methodologies, learning through MOOCs is gaining momentum across the globe because of its ability to offer education irrespective of geographical boundaries and different time frames. A new report predicts a compound annual growth rate of 46% in the the global Massive Open Online Courses (MOOCs) market between 2015 and 2019. The report, released by consulting firm McKinsey & Co., forecasts that MOOC revenues will grow from $28.5 billion to $40.3 billion, with an average revenue per user (ARPU), or how many people " Growth in the market is also being spurred by innovations in delivery methods using smart devices and is expected to benefit from increasing adoption in emerging economies.
A new report predicts a compound annual growth rate of 46% in the the global Massive Open Online Courses (MOOCs) market between 2015 and 2019. The report, released by consulting firm McKinsey & Co., forecasts that MOOC revenues will grow from $28.5 billion to $40.3 billion, with an average revenue per user (ARPU), or how many people " Growth in the market is also being spurred by innovations in delivery methods using smart devices and is expected to benefit from increasing adoption in emerging economies.