Global Online Tutoring Market Size, Drivers, Trends, Opportunities And Strategies – Includes Online Tutoring Market Share
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The increasing demand for e-learning due to the impact of COVID-19 are expected to drive innovation in online tutoring manufacturing, thus driving the market during the forecast period.
The global online tutoring market is expected to grow from $8.36 billion in 2022 to $9.68 billion in 2023 at a compound annual growth rate (CAGR) of 15.8%. The online tutoring market is expected to grow from $17.12 billion in 2027 at a CAGR of 15.3%.
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Global Online Tutoring Market Segments Include:
- By Type: STEM Courses, Language Courses, Other Courses
- By Application: K-12, College Students, In-Service Education, Other Applications
- By Sales Channel Types: Private Coaching, International Organizations And Associations, Educational Institutes, Other Channels
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global online tutoring market in 2021.
Major Market Players in the online tutoring market include Vedantu Innovations Pvt. Ltd., China Distance Education Holdings Ltd., Chegg, BYJU’S, Embibe, Khan Academy, TutStu Education, Club Z! Inc., iTutorGroup.
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. For instance, in June 2020, Byju’s, an India-based educational technology and online tutoring company, introduced Disney BYJU’S Early Learn app for Android and iOS, which involves gamification strategies. Other online tutoring companies such as Class Dojo and rainscape have also invested in gamification.
The Online Tutoring Global Market Report 2023 provides a online tutoring market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The online tutoring market forecast analyzes online tutoring market size, online tutoring market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Online tutoring is the tutoring process in a digital, interactive, or connected environment wherein teachers and students are in different geographical locations. Online tutoring services can also help students who need instant homework help. Online tutoring offers a unique and individualized learning experience.
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