The Business Research Company’s latest report Online Tutoring Global Market Report 2020 covers Online Tutoring market drivers, Online Tutoring market trends, Online Tutoring market segments, Online Tutoring market growth rate, Online Tutoring market major players, and Online Tutoring market size. The report provides in-depth analysis of the impact of COVID-19 on the Online Tutoring industry, along with revised market numbers due to the effects of the coronavirus.
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Online Tutoring Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The online tutoring market is expected to grow from $1.3 billion in 2019 to $1.53 billion in 2020 at a compound annual growth rate (CAGR) of 18.0%. The growth is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing led to the closure of schools and colleges and increased demand for online tutoring. The market is then expected to grow and reach $2.38 billion in 2023 at a CAGR of 15.7%.
The report covers the Online Tutoring market’s segments-
1) By Type: STEM Courses, Language Courses, Other Courses
2) By Application: K-12, College Students, In-service Education, Others.
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