Global Online Tutoring Market Overview
The process of teaching in an online, virtual or networked environment, in which teachers and students interact from different physical locations, is called online teaching. Online tuition is a virtual classroom that can be accessed whenever it is convenient for the student. Online tuition offers many developmental opportunities for candidates willing to study or enroll for a subject. Online tutoring helps students and teachers identify the student's prior knowledge, the student's areas of difficulty, and individual learning progress. Online tutoring is a method of education that is provided by businesses over the Internet. This may include professional as well as educational development topics related to various fields. The user has to pay the registration fee for the particular course and attend the classes recorded by professionals in that particular field. Online tuition offers students who are unable to study in a traditional school environment an opportunity to learn. Increasing enrollment for higher education, personalization of courses, flexibility in terms of time, place and pace of learning, forums to answer questions are some of the key factors driving the online tutoring market. The Online Tutoring Market accounted for US$8.131498 billion in 2020 and is estimated to be US$ 33.84371 billion by 2030 and is anticipated to register a CAGR of 15.3%.
Global Online Tutoring Market Dynamics
Increasing awareness & increasing emphasis on entrance exams
One of the major factors contributing positively to the revenue growth of the online tutoring market is the increasing awareness of the importance of education. Many adults reinvent their educational goals through the online tutoring process. The acceptance of the online tutoring market is also predicted to increase due to its easy access benefits as well as the user-friendly design of these applications. The global online tutoring market is projected to expand in terms of revenue due to increasing emphasis on entrance exams. The difficulty level of entrance exams prompts students to invest in online classes that will guide them with features such as on-the-go classes, live question and answer sessions, accessibility to download lectures, etc. Technical issues are one of the biggest challenges facing the online tutoring market. Both students and teachers must have a secure internet connection with essential internet speed. In addition, lack of access to the necessary equipment for online teaching limits its growth. In online teaching there is no personal relationship between teacher and students.
Technological advancement
As technology rapidly advances, online tutoring continues to improve. In fact, the Covid pandemic and subsequent shutdowns have forced online learning to meet the needs of homeschoolers and remote teachers. Let's take a look at how technological advancements have transformed online tutoring in recent years. As technology advances in every aspect of life, online tutoring has changed drastically. Online tools such as Skype, PayPal, and interactive whiteboards fueled this change. These changes made the teacher's position irrelevant to teaching. Continuing the same progression, myTutoring has introduced a complete one stop solution for online tutoring. Despite the fact that the online tutoring market is currently facing various challenges, technological development and its implementation will boost student and teacher connection and hence, the market will rise at a high CAGR during the upcoming year. By using online tuition, students from any part of the world can study from a quality teacher. It is a very cost-effective solution, made possible by advances in technology.
Global Online Tutoring Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The Global Online Tutoring Market is segmented based on type, application, and region.
On the basis of type, the global online tutoring market is segmented into structured tutoring and on-demand tutoring. Based on the application, the target market is segmented into international organizations and associations, educational institutes, private coaching, and others. The on-demand service segment is tailored to one's needs and convenience and will represent a growth path in this market. It meets both demand and supply needs. This college students Ph.D. Scholars get opportunities and help add quality to market value.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Global Online Tutoring Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The online tutoring market in the Asia Pacific region is expected for the largest revenue share in 2019, due to factors such as a rise in investments by private investors in companies providing online tutoring, and the elevation of education in general. Further, Europe and North America estimated for the second-highest and third-highest revenue shares respectively, owing to growth in affordable online courses and recognized tutors becoming a part of this industry. The markets of Latin America, the Middle East & Africa will see considerable development throughout the forecast period, due to increasing awareness of online tutoring, and growth in access to the internet in these regions.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Billion & CAGR from 2020 to 2030 |
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Market Segmentation |
By Type - Structured Tutoring and On-Demand Tutoring
By Application– International Organizations and Associations, Educational Institutes, Private Coaching, and Others
|
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Online Tutoring Market report based on type, application, and region:
Global Online Tutoring Market, By Type:
- Structured Tutoring
- On-Demand Tutoring
Global Online Tutoring Market, By Application:
- International Organizations and Associations
- Educational Institutes
- Private Coaching
- Others
Global Online Tutoring Market, By Region:
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-
- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Online Tutoring Market Key Players
The key players operating the Global Online Tutoring Market includes Ambow Education, China Distance Education Holdings Ltd., iTutor Group, Vedantu Innovations Pvt. Ltd., New Oriental Education and Technology Group, TAL Education Group, EF Education First Ltd., Chegg Inc., Knewton Inc., and Tokyo Academics. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in March 2022, Vedantu Taps into Immersive Live Learning amid Competition in Edtech Space, Vedantu announced an immersive live learning platform to differentiate itself from the clutch of edtech startups covering 300 million K-12 (Kindergarten to Class 12) seats in the country. Vedantu further claimed that the technology uses artificial intelligence (AI) and machine learning (ML) to measure over 100 parameters to increase student engagement, teaching effectiveness and learning outcomes.
Global Online Tutoring Market Company Profile
- Ambow Education
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- China Distance Education Holdings Ltd.
- iTutor Group
- Vedantu Innovations Pvt. Ltd.
- New Oriental Education and Technology Group
- TAL Education Group
- EF Education First Ltd.
- Chegg Inc.
- Knewton Inc.
- Tokyo Academics.
“*” marked represents similar segmentation in other categories in the respective section
Global Online Tutoring Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Online Tutoring Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Online Tutoring Market, By Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Structured Tutoring
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- On-Demand Tutoring
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Online Tutoring Market, By Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- International Organizations and Associations
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Educational Institutes
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Private Coaching
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Online Tutoring Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Ambow Education
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- China Distance Education Holdings Ltd.
- iTutor Group
- Vedantu Innovations Pvt. Ltd.
- New Oriental Education and Technology Group
- TAL Education Group
- EF Education First Ltd.
- Chegg Inc.
- Knewton Inc.
- Tokyo Academics
- Ambow Education
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- The Last Word
- Future Impact
- About Us
- Contact