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Global Private Tutoring Market

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mayuri kathade
Global Private Tutoring Market

 

Global Private Tutoring Market was valued US$ 96.2Bn in 2017 and is expected to reach US$ 180.2Bn by 2026 at a CAGR of 8.19%.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the global private tutoring market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global private tutoring market.

Education is considered the social ladder to achieve success in personal & professional life. Higher education is associated with increased opportunities in the labour market, high remunerations, and developed social standing. People are hence investing heavily in children’s education, including private tutoring or private supplementary tutoring which is emerging as a main phenomenon in the global education system. The adoption of private tutoring services is higher in urban areas related to rural regions.

The difference in penetration levels of tutoring in urban and rural areas is attributed to factors for instance relatively higher level of competition in urban centres, high educational qualifications of parents in urban areas, and better socio-economic status of the urban population. Technological advances in the field of learning have very transformed the education sector and helped schooling and learning go beyond conventional classroom teaching.

The online learning method is leading the global private tutorial market. Online learning includes courses offered by postsecondary institutions that are 100% virtual, excluding massively open online courses (MOOCs). In the field of higher education, there are two distinct methods in which a learner can engage with an academic institution, the traditional method of brick-and-mortar facilities and the virtual method via online learning.

Curriculum-based learning accounted for the largest private tutoring market share in the US during the forecast period. Curriculum-based learning sub-segment will witness a decrease in its market share but will remain the market leader for the next five years.

Region-wise, the Asia Pacific is expected to show the highest rate of growth in the future, because of growing awareness about the importance of education and increasing investments related to education and growing disposable income. According to research, money invested by Koreans on private tutoring is nearly equal to the money spent by Americans on video games. This rise in the investment in both developed and developing countries in the Asia Pacific region is projected to propel the growth of the private tutoring market in the future.

For More Information Visit @: https://www.maximizemarketresearch.com/market-report/global-private-tutoring-market/26273/

Scope of Global Private Tutoring Market

Global Private Tutoring Market, by Learning Method

  • Online
  • Blended

Global Private Tutoring Market, by Course Type

  • Curriculum-based learning
  • Test preparation

Global Private Tutoring Market, by End-User

  • Preschool Children
  • Primary School Students
  • Middle School Students
  • High School Students
  • College Students

Global Private Tutoring Market, by Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America

Key players operating in Global Private Tutoring Market

  • Ambow Education Holding Ltd.
  • A Plus-All Subjects Tutoring, Inc.
  • Building Educated Leaders for Life
  • Chegg, Inc.
  • Club Z, Inc.
  • Daekyo Co., Ltd.
  • Educomp Solutions Ltd.
  • Fleet Education Services Limited
  • Huntington Learning Centers, Inc.
  • JEI Learning Centers
  • Kaplan, Inc.
  • Kumon
  • Mandarin House
  • Mathnasium LLC
  • New Oriental Education and Technology Group
  • Sylvan Learning Inc.
  • TAL Education Group
  • Tutor Doctor
  • Tutor.com, Inc.
  • Tutoring Club, Inc.
  • Tutors in China
  • Varsity Tutors LLC
  • Xueda Education Group

This Report Is Submitted By : Maximize Market Research Company

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Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

 

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