Market Trends of GCC Massive Open Online Course (MOOC) Industry
Technology is Expected to Hold Significant Share
- One of the market's most advanced categories is technology. Although these are the easiest to monetize, most people register in them. During the projected year, the segment's scope will also be further expanded by the increasing acceptance of the most recent technology across several industries.
- Most of the courses in the technology section are in computer science, IT, data analytics, statistics, machine learning, and cybersecurity. The segment's emerging methods include technologies like artificial intelligence and machine learning. A significant factor in approving the technology-related courses is the recent transition and adoption of these technologies across numerous industries, from oil and gas to the banking, financial services and insurance (BFSI).
- The technology market in the GCC, and particularly in the UAE, has expanded and changed over the past few years, transitioning from a highly fragmented market of consulting and systems integration service firms to an ecosystem of product and solution service providers offering artificial intelligence, data analytics, and intelligent solutions. Companies often look for candidates with a strong background in the technology they specialize in to stay ahead of the competition in a fiercely competitive market. Both employers and employees know how essential technical skills are in the workplace. Furthermore, the MOOC platform providers are driven to add additional technology-related subjects to the lack of skilled workers in these fields.
- The Queen Rania Foundation (QRF) launched the massive open online course (MOOC) platform Edraak. As a result, QRF has used local Arab expertise to construct the first non-profit Arabic MOOC platform using the technology created by edX, the Harvard-MIT cooperation. With the help of the most recent MOOC platform, the Arab world will have a rare and vital opportunity to participate in a crucial transformation in education and learning. The platform will first transmit one of the top Arab instructors to the area, giving unique Arabic courses to promote the study of Arabic. With the help of the collaboration with edX, the website will also provide access to various Arabic-speaking students to specialized classes created and taught at prestigious universities like HarvardX, MITX, and UC BerkeleyX.
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United Arab Emirates is Expected to Hold Major Share
- Over the past few years, universities in the United Arab Emirates are gradually utilizing web-based learning or e-learning as a significant aspect of their educational programs. The country is trying to establish a technology-driven economy.
- Moreover, The introduction of 5G is also a significant factor in MOOCs' proliferation and high internet speed. The country was the first in the Arabian region to launch 5G with the help of Etisalat. The government is also expected to witness the introduction of 5G-enabled devices, which may help users access the courses without any network latency.
- The UAE Ministry of Education developed the Advanced Skills Strategy with students in schools and universities, recent graduates from higher education, and seasoned workers as its three target audiences. As a result, MOOCs are growing in acceptance across all subject areas and age groups in the country.
- However, the demand for affordable self-paced learning platforms is growing, and educational institutions are increasingly using remote learning, particularly during the COVID-19 pandemic when lockdowns were required.
- The UAE Ministry of Education created the Advanced Skills Strategy, which has three target audiences: students in schools and universities, recent graduates from higher education, and seasoned workers. Due to this, MOOCs are becoming more popular across all topic areas and age groups in the nation. The UAE government's Mohammed bin Rashid Smart Learning Project, a smart learning program part of Vision 2021, is supposed to be implemented in four stages over five years, from 2019 to 2024. Due to the closure of schools following the COVID-19 pandemic, the initiative currently provides MOOCs through madrasa.org.
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