The K-12 online tutoring market is projected to post an incremental growth of USD 62.94 million, at a CAGR of 11.21% during the forecast period. Technavio's research report provides detailed insights into growth drivers that are likely to boost the market. It also provides an analysis of all the segments, trends, and challenges that are expected to impact the market in focus. This research will thus equip business leaders with data and insights necessary for designing future-ready strategies for growth and development.
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Technavio has identified that the growing importance of STEM education as one of the key factors that will drive market growth. In addition, the rising popularity of online microlearning is the major K-12 online tutoring market trend that will positively support market value. However, factors such as threats from open tutoring resources and private tutors may impede the market growth
The research report provides a comprehensive analysis of all the driving factors that will propel market growth. The report also takes into account the current market scenario, trends, and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their businesses.
K-12 Online Tutoring Market is segmented as below:
The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Ambow Education Holding Ltd., Chegg Inc., Club Z! Inc., iTutorGroup, Pearson Plc, Providence Equity Partners LLC, Stride Inc., TAL Education Group, Think and Learn Pvt. Ltd., and Vedantu Innovations Pvt. Ltd. are some of the major K-12 online tutoring market vendors.
Market players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market. The report offers a detailed analysis of each of the above-listed vendors and their product portfolios.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download the Free PDF Sample Report