The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Private Tutoring Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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https://www.thebusinessresearchcompany.com/report/private-tutoring-global-market-report
According to The Business Research Company’s Private Tutoring Global Market Report 2024, The private tutoring market size has grown strongly in recent years. It will grow from $110.96 billion in 2023 to $120.88 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to academic pressure, government policies and funding, shift in parenting styles, growing middle-class families, cultural emphasis on education, urbanization and busy lifestyles.The private tutoring market size is expected to see strong growth in the next few years. It will grow to $171.05 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%.
The expanding reach of online tutoring is expected to drive the growth of the private tutoring market in the future. Online tutoring involves providing educational guidance and support to students over the internet, offering flexibility and accessibility compared to traditional in-person tutoring. By leveraging online platforms, tutors can deliver personalized instruction, real-time feedback, and convenient virtual sessions to students, thereby enhancing the effectiveness of private tutoring services. For example, the penetration rate of online learning platforms increased from 6.8% in 2020 to 9.9% in 2022, as reported by Prosperity For All, a US-based online learning platforms provider. This trend indicates a growing preference for online educational resources, driving the expansion of the private tutoring market.
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The private tutoring market covered in this report 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
Top Major Players
TAL Education Group Inc.,
Sylvan Learning LLC,
Kaplan Inc.,
Chegg Inc.,
Tutor Doctor Management Services Inc.
The private tutoring market report table of contents includes:
- Executive Summary
- Private Tutoring Market Characteristics
- Private Tutoring Market Trends And Strategies
- Private Tutoring Market – Macro Economic Scenario
- Global Private Tutoring Market Size and Growth
- Private Tutoring Market Segmentation
- Private Tutoring Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Private Tutoring Market
- Private Tutoring Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Private Tutoring Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Private Tutoring Market, Segmentation By Course Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Private Tutoring Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……………
Table 76: TAL Education Group Inc. Financial Performance
Table 77: Sylvan Learning LLC Financial Performance
Table 78: Kaplan Inc. Financial Performance
Table 79: Chegg Inc. Financial Performance
Table 80: Tutor Doctor Management Services Inc. Financial Performance
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