Private Tutoring – Comprehensive Analysis on Global Market Report by Company, by Dynamics, by Region, by Type, by Application and by COVID-19 Impacts (2021-2027)
Private Tutoring Market
Market Definition:
Private tutoring also known
as shadow tutoring, is a structured set of educational activities that takes
place outside of the school setting. The primary goal of private tutoring is to
improve academic performance. It offers one-on-one educational assistance to
students in grades K through 12 and above. It offers learners a personalised
approach and pace for dealing with academics with fewer distractions, increased
intrinsic motivation, and improved school performance.
Market Dynamics:
The private tutoring market
is anticipated to reach USD 156 billion by the end of 2027 at a CAGR of 8 %
during the forecast period. This is attributed to the increased student
competition which led to the high demand for private tutoring. The increasing
difficulty of level entrance exams administered by prestigious schools or
universities may open up lucrative opportunities to this market. Furthermore,
growing learning awareness in developing countries such as India, GCC countries,
Brazil, and many others is expected to expand the market at a spontaneous
growth rate. The sudden outbreak of COVID-19 has also affected by the education
industry, worldwide. However, the growing e-learning industry has positively
enhanced the growth of the private tutoring market.
The growing competition
among students for admission to prestigious schools will most likely drive the
global private tutoring market in the future. With the increase in revenue,
parents are eagerly enrolling their children in private tuitions to better
address their children's learning needs.
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Segmental Analysis:
The private tutoring market
is segmented to subject, application, mode and region.
On the basis of subject,
the private tutoring market is classified into academic and non-academic. On
the basis of application, the private tutoring market is bifurcated into K-12,
high school, graduate school, and others. On the basis of mode, the private
tutoring market is characterised into offline and online. The online segment is
anticipated to witness the maximum CAGR during the forecast period owing to the
sudden tremendous growth of the e-learning industry.
Regional Analysis:
Geographically, the private
tutoring market is classified into five major regions such as North America,
Asia Pacific, Europe, South America and the Middle East & Africa.
The North America held the
largest market share in the global private tutoring market, owing to the
established educational framework coupled with the large number of immigration
students in the region. The Asia-Pacific region is expected to grow at the
fastest growth rate in the future, owing to growing awareness of the e-learning
industry and the emergence of new online educational ventures specially in the
emerging countries such as China and India.
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Private Tutoring Market Revenue & Forecast,
(US$ Million), 2020-2027
Competitive Landscape
The report provides each,
qualitative and quantitative analysis of private tutoring market, additionally
as provides comprehensive insights and development strategies adopted by the
key contenders. The report additionally offers intensive analysis on the key
players during this market and details on the fight of those players. Key
business ways like mergers and acquisitions (M&A), affiliations,
collaborations, and contracts adopted by these major market participants are
recognized and analysed within the report. For every company, the report
studies their international presence, competitors, service offerings and
specification amongst others.
The global private tutoring
market is fragmented and really competitive. The most international players
include Ambrow Education, Brighter Minds Tutoring, Chegg, Eduboard, EF
Education First, iTutorGroup, Kaplan, Mandarin Rocks, Manhattan Review,
MindLaunch, New Oriental, TAL Education, TutorZ, Web International English, and
Xueda Education.
Private Tutoring Market:
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Subject
Academic
Non-Academic
By Mode:
Online
Offline
By Application:
K-12
High School
Graduate School
Others
By Geography:
North America
US
Canada
Europe
France
The UK
Spain
Germany
Italy
Asia Pacific
China
Japan
India
South Korea
Singapore
Australia
Latin America
Brazil
Mexico
Argentina
Rest of Latin AMerica
Middle East & Africa
GCC
South Africa
Rest of Middle East &
Africa
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Table Of Content :
Chapter One: Executive
Summary
Chapter Two: Market
Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Related Stakeholders
Chapter Three: Research
Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary
Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation
Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
Chapter Four: Market
Environmental Outlook
4.1 Regulatory Framework
4.2 Technology Developments
4.3 Pricing Trend Analysis
Chapter Five: Market
Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Growing Demand for
Online Tutoring
5.3 Trends
5.4 Opportunities
5.5 Challenges
5.6 Porter's Five Forces
Model Analysis
5.7 Supply Chain Analysis
Chapter Six: Global Private
Tutoring Market, By Subject
6.1 Introduction
6.2 Academic
6.3 Non-Academic
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