The online tutoring market share is estimated to grow at a CAGR of 15.38% between 2022 and 2027. The size of the market is forecast to increase by USD 196.35 billion. The online tutoring market will witness a YOY of 15.03% in 2023.
“The growing importance of STEM education and Apps and wearables for online tutoring will boost the market growth”, says a senior analyst at Technavio.
Technavio’s report on Online Tutoring Market is segmented by courses (STEM, language courses, and other courses), platform (desktop tutoring and mobile tutoring), and geography (APAC, Europe, North America, South America, and the Middle East and Africa).
The online tutoring market by the STEM segment will be significant during 2023-2027. The strong focus on the standardization of examinations will further increase the competition among students, which will encourage them to join specialized STEM courses/test preparation online tutoring programs during the forecast period. APAC will contribute 47% of the growth rate during the forecast period.
Some of the key online tutoring market vendors are Ambow Education Holding Ltd., ArborBridge LLC, China Distance Education Holdings Ltd., Club Z Inc., D2L Corp., Fleet Education Services Ltd., Growing Stars Inc., iTutorGroup Ltd., John Wiley and Sons Inc., My Tutorweb Ltd., New Oriental Education and Technology Group Inc., Nuevo Agora Centro De Estudios SL, Pearson Plc, Preply Inc, Stride Inc., Sylvan Learning LLC, TAL Education Group, Think and Learn Pvt. Ltd., Varsity Tutors LLC, and Vedantu Innovations Pvt. Ltd.
Some of the Vendor Offerings are:
ambow.net- The company offers online tutoring such as K-12 educational services.
arborbridge.com- The company offers online tutoring for SAT and ACT coaching.
Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact on the market in focus. Download the PDF Sample Report
The online tutoring market report covers in-depth information about key vendors and their product offerings.
The key driver, trends and challenges, market opportunities, and the detailed market impact analysis
Five force analysis to analyze the potential of buyers and suppliers and the competitive industry scenario.
Online tutoring industry across APAC, Europe, North America, South America, and the Middle East and Africa.
