Global Online Tutoring Market Size, Share, Trend, and Forecast 2021 – 2030
Global Online Tutoring Market Size, is expected to be worth USD 6.52 Billion in 2021 and is estimated to reach up to USD 19.47 Billion by 2030, at a compound annual growth rate (CAGR) of 13.50% from 2022 to 2030.
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Demand for online tutoring is being driven by a significant trend: non-traditional learners are increasingly demanding customization and convenience in their learning. Children diagnosed with attention deficit hyperactivity disorder (ADHD), autism, and attention deficit disorder (ADD) are among the non-traditional learners. One of the main factors boosting the benefits of web-based learning environments is the advancement towards seamless hardware and software installation. The company’s profitability has been sustained by the popularity of its online tutoring software. Over the past few years, the online tutoring industry has advanced due to significant advancements in instructional design of educational content. The internet generation prefers online coaching because they learn best by doing rather than being told what to do.
Online tutoring has become more and more popular as a result of the availability of online degree programmes, counselling, and courses. The amount of students looking for online tutoring has significantly increased over the last five years. The growth of open colleges has benefited the online tutoring industry. With online tutoring, students can attend classes from any university in the world, no matter where they are. Yet, online tutoring service providers find it difficult to handle a large volume of inquiries and give each student the individualised attention they need when a large number of students enrol in a course. The popularity of online education is mostly due to a number of factors, such as question-and-answer forums, individualised courses, flexibility in terms of learning time, place, and speed, and increased interest in higher education.
Based on the tutoring type segment, the market is split into two segments: on-demand tutoring and structured tutoring. The demand for on-demand online tutoring has increased as a result of the coronavirus epidemic-related nationwide school closures, and this industry is expected to grow at a rapid pace. One such example is the “Sikai Chautari” open library that the Nepalese government launched in December 2021 for students in the surrounding grades 1 through 10. This website supports the two languages, English and Nepali. The growth of online tutoring through Eureka Tech.org and Mathify, as well as digital one-on-one tutoring for teachers and students, were funded by the Ontario government in February 2022.
List of Key Companies
- Ambow Education Holding Ltd.
- ArborBridge Inc.
- BYJU’S
- Chegg Inc.
- China Distance Education Holdings Ltd.
- Club Z! Inc
- D2L Corporation
- Fleet Education Services Ltd.
- Growing Stars Inc.
- iTutorGroup
- John Wiley & Sons Inc.
- K12 Inc.
- My Tutorweb Ltd.
- New Oriental Education and Technology Group Inc.
- Pearson Plc
- Preply Inc.
- Providence Equity Partners LLC
- Sylvan Learning LLC
- TAL Education Group
- Think & Learn Pvt. Ltd.
- Varsity Tutors LLC
- Vedantu Innovations Pvt. Ltd.
- Others
Market segmentation:
By Course Type
- STEM
- Language
By Duration
- Short-term
- Long-term
Competitive analysis:
The competitive analysis section of the Global Virtual Cards Market research report provides a detailed study of the competitive landscape within the market. It aims to identify and assess key market players, their strategies, and their impact on overall market dynamics. Each company’s profile provides insight into its business profile, product portfolio, geographic presence, and recent developments. This information helps stakeholders to gain a comprehensive understanding of market participants and their capabilities.
In addition, competitive analysis examines the market share held by each major player and assesses their position within the market. Assessing relative market strength considers factors such as revenue, market capitalization, and market share growth over time. By understanding the distribution of market shares, industry participants can identify key players and their market power.
Browse key industry insights spread across 230 pages with 132 market data tables and figures & charts from the report “Global Online Tutoring Market Size, Share & Trends, COVID-19 Impact Analysis Report, By Course Type (STEM, and Language), By Duration (Short-term and Long-term), By Tutoring Type (Structured Tutoring, and On-Demand Tutoring), By Tutoring Style (Test Preparation Service, Subject Tutoring Service, and Others), By End User (K-12, Higher Education, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030”.
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The Global Online Tutoring Market Research Report aims to answer the following key questions:
- What are the main products and services offered in the market and how are they evolving to meet changing consumer demands?
- What are the key technological advances and innovations impacting the market and how will they affect the competitive landscape?
- What are the key distribution channels and marketing strategies market players employ to effectively reach their target audience?
- What are the price trends in the market, and how do prices change across different product segments and geographies?
- How will changing demographic patterns, such as age groups and income levels, affect consumer behaviour and market demand?
- What are the key cost factors and factors that influence the profitability of companies in the Global Online Tutoring Market?
- How will sustainability and environmental considerations affect consumer preferences and market growth in this sector?
- What are the investment opportunities and challenges for new entrants and investors looking to enter the market?
- How do government policies and regulations impact market dynamics and shape industry strategies?
- What are the current supply chain trends and challenges in the market, and how do they affect product availability and pricing?
- What are the levels of customer satisfaction and loyalty within the market, and how do market participants differentiate in terms of service quality?
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