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MOOCs in 2020: An $8.5 Billion Industry

December 8, 2015

Massive open online courses are estimated to become an $8.5 billion industry by 2020, growing from $1.83 billion today, according to a report by market research firm MarketsandMarkets. The report finds major opportunities for growth in Africa, Asia, Europe, Latin America and the Middle East as more learners there seek access to education regardless of physical location. The main challenges facing MOOCs, according to the report, are strictly technical, including the need for more advanced information systems.

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Carl Straumsheim

Carl Straumsheim, Technology Correspondent, joined Inside Higher Ed in 2013. He got his start in journalism as a video game blogger for Norway's third largest paper, Dagbladet, at age 15, and has since dabbled in media criticism, investigative reporting and political coverage. Straumsheim (pronounced STROMS-hyme) boasts that he once received a perfect score on the Test of English as a Foreign Language, which enabled him to pursue a bachelor's degree in English from LaGrange College and a master's degree in journalism from the University of Maryland at College Park.

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