FEATURED COMPANIES
- ArborBridge Inc.
- Chegg
- Embibe
- iTutorGroup
- Pearson Plc
- ThoughtCo.
Online Tutoring Global Market Report 2021: COVID-19 Growth and Change to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global online tutoring market.
This report focuses on the online tutoring market which is experiencing strong growth. The report gives a guide to the online tutoring market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.
Where is the largest and fastest growing market for online tutoring? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Online Tutoring market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider online tutoring market, and compares it with other markets.
Vedantu Innovations Pvt. Ltd.; China Distance Education Holdings Ltd.; Chegg; BYJU’S; Embibe
Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Five years historic and ten years forecast.
Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Country and regional historic and forecast data, market share of competitors, market segments.
Data and analysis throughout the report is sourced using end notes.
This product will be delivered within 1-3 business days.
This report focuses on the online tutoring market which is experiencing strong growth. The report gives a guide to the online tutoring market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for online tutoring? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Online Tutoring market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider online tutoring market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The online tutoring market section of the report gives context. It compares the online tutoring market with other segments of the online tutoring market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, online tutoring indicators comparison.
Scope
Markets Covered:
- By Type: STEM Courses; Language Courses; Other Courses
- By Application: K-12; College Students; In-Service Education; Others
- By Sales Channel Types: Private Coaching; International Organizations and Associations; Educational Institutes; Others
Companies Mentioned:
Vedantu Innovations Pvt. Ltd.; China Distance Education Holdings Ltd.; Chegg; BYJU’S; Embibe
Countries:
Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions:
Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series:
Five years historic and ten years forecast.
Data:
Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data segmentations:
Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing:
Data and analysis throughout the report is sourced using end notes.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Online Tutoring Market
What is the estimated value of the Global Online Tutoring Market?
What is the growth rate of the Global Online Tutoring Market?
What is the forecasted size of the Global Online Tutoring Market?
Who are the key companies in the Global Online Tutoring Market?
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- ArborBridge Inc.
- Chegg
- Embibe
- iTutorGroup
- Pearson Plc
- ThoughtCo.
1. Executive Summary2. Online Tutoring Market Characteristics3. Online Tutoring Market Trends and Strategies4. Impact Of COVID-19 On Online Tutoring28. Key Mergers and Acquisitions in the Online Tutoring Market29. Online Tutoring Market Future Outlook and Potential Analysis
5. Online Tutoring Market Size and Growth
6. Online Tutoring Market Segmentation
7. Online Tutoring Market Regional and Country Analysis
8. Asia-Pacific Online Tutoring Market
9. China Online Tutoring Market
10. India Online Tutoring Market
11. Japan Online Tutoring Market
12. Australia Online Tutoring Market
13. Indonesia Online Tutoring Market
14. South Korea Online Tutoring Market
15. Western Europe Online Tutoring Market
16. UK Online Tutoring Market
17. Germany Online Tutoring Market
18. France Online Tutoring Market
19. Eastern Europe Online Tutoring Market
20. Russia Online Tutoring Market
21. North America Online Tutoring Market
22. USA Online Tutoring Market
23. South America Online Tutoring Market
24. Brazil Online Tutoring Market
25. Middle East Online Tutoring Market
26. Africa Online Tutoring Market
27. Online Tutoring Market Competitive Landscape and Company Profiles
30. Appendix
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- ArborBridge Inc.
- Chegg
- Embibe
- iTutorGroup
- Pearson Plc
- ThoughtCo.
Major players in the online tutoring market are Vedantu Innovations Pvt. Ltd., China Distance Education Holdings Ltd., Chegg, BYJU’S, Embibe, Khan Academy, TutStu Education, Club Z! Inc., iTutorGroup, and New Oriental Education & Technology Group.
The global online tutoring market is expected to grow from $1.44 billion in 2020 to $1.63 billion in 2021 at a compound annual growth rate (CAGR) of 13.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2.9 billion in 2025 at a CAGR of 15%.
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.
The online tutoring market covered in this report is segmented by type into STEM courses, language courses, other courses and by application into k-12, college students, in-service education, others.
The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The lack of connectivity in third world countries and some of the emerging economies is expected to negatively impact the growth of the market. Connectivity issues within developing countries and communities with low income are expected to impact broadband connectivity, hence negatively impacting the growth of the market. According to a survey conducted by Quacquarelli Symonds in April 2020, 53% of respondents in India using home broadband face poor connectivity and 32% face signal problems, 40.2% of respondents using mobile data face low communication, and 56.6% face signal/network issues. Therefore, the lack of connectivity in third world countries and some of the emerging economies is expected to limit the growth of the online tutoring market.
In April 2019, Zovio, a US-based education technology services company, acquired TutorMe for an undisclosed amount. This acquisition will support the new strategy of Zovio and also provides a platform for introducing new products in the future. TutorMe is a US-based prominent online tutoring provider that uses artificial intelligence for providing students with virtual whiteboards, screen sharing, video chat and others.
The increasing demand for e-learning due to the impact of COVID-19 is driving the growth of the online tutoring market. COVID-19 has resulted in the closure of schools around the world. As a result, education has changed dramatically, with a marked rise in e-learning and online tutoring taking place remotely and through online platforms. For example, Byju's, an India-based educational technology and online tutoring company, announced free live classes on its Think and Learn app and saw an increase in the number of new students using its product by 200%. Therefore, the increasing demand for e-learning is expected to drive the growth of the online tutoring market.
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 countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The global online tutoring market is expected to grow from $1.44 billion in 2020 to $1.63 billion in 2021 at a compound annual growth rate (CAGR) of 13.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2.9 billion in 2025 at a CAGR of 15%.
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.
The online tutoring market covered in this report is segmented by type into STEM courses, language courses, other courses and by application into k-12, college students, in-service education, others.
The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The lack of connectivity in third world countries and some of the emerging economies is expected to negatively impact the growth of the market. Connectivity issues within developing countries and communities with low income are expected to impact broadband connectivity, hence negatively impacting the growth of the market. According to a survey conducted by Quacquarelli Symonds in April 2020, 53% of respondents in India using home broadband face poor connectivity and 32% face signal problems, 40.2% of respondents using mobile data face low communication, and 56.6% face signal/network issues. Therefore, the lack of connectivity in third world countries and some of the emerging economies is expected to limit the growth of the online tutoring market.
In April 2019, Zovio, a US-based education technology services company, acquired TutorMe for an undisclosed amount. This acquisition will support the new strategy of Zovio and also provides a platform for introducing new products in the future. TutorMe is a US-based prominent online tutoring provider that uses artificial intelligence for providing students with virtual whiteboards, screen sharing, video chat and others.
The increasing demand for e-learning due to the impact of COVID-19 is driving the growth of the online tutoring market. COVID-19 has resulted in the closure of schools around the world. As a result, education has changed dramatically, with a marked rise in e-learning and online tutoring taking place remotely and through online platforms. For example, Byju's, an India-based educational technology and online tutoring company, announced free live classes on its Think and Learn app and saw an increase in the number of new students using its product by 200%. Therefore, the increasing demand for e-learning is expected to drive the growth of the online tutoring market.
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 countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- 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.
- Fleet Education Services
Note: Product cover images may vary from those shown
LOADING...