3. Comparison with Competitors
It is a fact that there are plenty of online learning platforms and it is projected that this industry will expand even more as the demand for learning increases especially during and after the pandemic. Overall, Coursera seems to be doing exceptionally well compared to its competitors. Below is a closer look at 2 of the company’s competitors.
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The MOOCs market is projected to keep growing
The MOOCs market is projected to keep growing
Coursera is a key player in the MOOCs industry
Coursera is a key player in the MOOCs industry
Udemy:
Udemy is a US-based company founded in 2010 that offers education solutions. The platform allows instructors to build online courses for learners to join. It is valued at $4B. the platform is popular for being easy to use and for providing great customer service. However, according to reviewers, its pricing is confusing, and the courses lack learners’ feedback. Overall, the platform has extensive reach globally and healthy financials. Read the full review here. And read through this neat & comprehensive comparison here. (P.S. The winner is Coursera!)
Image Source: Udemy Second Quarter 2022 Results Report
Image Source: Udemy
2U:
2U, Inc. is an American educational technology company that contracts with non-profit colleges and universities to build, deliver, and support online degree and non-degree programs. It is generating significant revenues. Even though its reach is not as wide as Coursera’s, the company is implementing a strategic plan that aims at achieving durable growth that increases profitability. To know more about the plan, it can be found here.
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