Global Online Tutoring Market Size, Forecasts, And Opportunities
Learn about the global online tutoring market through The Business Research Company, which provides information on online tutoring market size, online tutoring market drivers and restraints, online tutoring market players, the COVID-19 impact on the online tutoring market, and more.
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The global online tutoring market is expected to grow from $1.44 billion in 2020 to $1.63 billion in 2021 at a compound annual growth rate (CAGR) of 13.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The online tutoring market is expected to reach $2.9 billion in 2025 at a CAGR of 15%.
The increasing demand for e-learning due to the impact of COVID-19 is expected to drive innovation in online tutoring, thus driving the market during the forecast period.
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The online tutoring market consists of sales of online tutoring services and related products by entities (organizations, sole traders and partnerships) that provide online tutoring services. Online tutoring is the tutoring process in a digital, interactive, or connected environment wherein teachers and students are in different geographical locations.
Global online tutoring market segments include:
By Type: STEM Courses, Language Courses, Other Courses
By Application: K-12, College Students, In-Service Education, Others
By Sales Channel Type: Private Coaching, International Organizations And Associations, Educational Institutes, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Companies in the online tutoring market are increasingly investing in trends such as gamification for better user engagement. Gamification in e-learning and online tutoring is expected to inspire a game-like reaction and engagement among learners. This results in improved information retention, motivation and increased productivity.
TBRC’s online tutoring market report covers:
Major Market Players: Vedantu Innovations Pvt. Ltd., China Distance Education Holdings Ltd., Chegg, BYJU’S, Embibe, Khan Academy, TutStu Education, Club Z! Inc., iTutorGroup, and New Oriental Education & Technology Group.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Online Tutoring Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides online tutoring market overviews, analyzes and forecasts market size, share, online tutoring market players, online tutoring market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s online tutoring market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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