Research and Markets estimates that the MOOC sector is estimated to grow from $1.83 billion in 2015 to $8.50 billion by 2020, at an estimated compound annual growth rate (CAGR) of 36%. Asia-Pacific (APAC) expected to be grow at the highest CAGR for MOOC platform.

The rising cost of education and the inability of colleges and universities worldwide to meet the global demand as well as factors like adoption of device-based computing, increased global internet connectivity, and personalisation of technology are the driving forces of Massive Open Online Course (MOOC) market.