Global Online Tutoring Market Overview And Prospects
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.
The global online tutoring market size is expected to grow from $6.98 billion in 2021 to $8.17 billion in 2022 at a compound annual growth rate (CAGR) of 16.9%. The change in the online tutoring market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic. The online tutoring market is expected to reach $14.76 billion in 2026 at a CAGR of 15.9%.
The increasing demand for e-learning due to the impact of COVID-19 is driving the growth of the online tutoring market.
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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, New Oriental Education & Technology Group, Pearson Plc, TAL Education Group, Ambow Education Holding Ltd., ArborBridge Inc., Tutor Eye Inc., Varsity Tutors, ThoughtCo., GradeStack Learning Pvt. Ltd., and Fleet Education Services.
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 (2016-21) and ten years forecast (2022-2026-2031)
The Online Tutoring Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides online tutoring market overviews, analyses 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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