The Private Tutoring Global Market Report 2023, provides comprehensive information on the private tutoring market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Private Tutoring Global Market Report 2023, the global private tutoring market is expected to grow from $101.76 billion in 2022 to $110.96 billion in 2023 at a compound annual growth rate (CAGR) of 9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The private tutoring market is expected to reach $155.19 billion in 2027 at a CAGR of 8.7%.
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Product innovations are a key trend gaining popularity in the private tutoring market. Major companies operating in the private tutoring market are innovating new solutions to sustain their position in the market. For instance, in September 2022, Tutor.com, a US-based online tutoring company, launched Learner Engagements Online (LEO), an institutional tutoring platform designed to centralize academic support services, scheduling tools, and actionable analytics for students and institutions. LEO offers customizable support services such as one-to-one tutoring, drop-off writing, math review, specialized subject tutoring, small-group tutoring, workshops, peer-to-peer learning, academic advising, and job and career help. LEO aims to provide equitable access to support, reduce attrition, and increase pass and persistence rates. The platform allows students to connect with tutors in real-time or asynchronously and offers various support options. LEO features centralized scheduling tools, early alerts, institution data analytics, a client portal, and a forthcoming teacher dashboard. The platform can be tailored to the needs of colleges, K–12 schools, libraries, and other organizations.
The private tutoring market is segmented:
1) By Type: Curriculum-Based Learning, Test Preparation
2) By Course Type: Academics, Arts, Sports, Other Types
3) By Mode: Offline, Online
4) By Application: Up-To-K-12, Post-K-12
5) By End User: Preschool And Primary Students, Middle School Students, High School Students, College Students
Asia-Pacific was the largest region in the private tutoring market in 2022.
The table of contents in TBRC’s private tutoring market report includes:
1. Executive Summary
2. Private Tutoring Market Characteristics
3. Private Tutoring Market Trends And Strategies
4. Private Tutoring Market – Macro Economic Scenario
5. Global Private Tutoring Market Size and Growth
………………
32. Global Private Tutoring Market Competitive Benchmarking
33. Global Private Tutoring Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Private Tutoring Market
35. Private Tutoring Market Future Outlook and Potential Analysis
36. Appendix
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