Private Tutoring Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2027
The global private tutoring market is anticipated to grow at a considerable CAGR of around 8.1% during the forecast period.. With the increased income, parents are spending more on private tutoring for their children’s education to better address their child’s needs. Parents enroll their children in private coaching institutes to bridge the gap between classroom learning and preparation for entrance exams. For parents, private tutoring is considered as an outsource in enhancing their child’s capabilities, capacities, and determination. Thus, Parents to make their children become more efficient and develop skills send them for private tutoring, which is boosting the growth of the private tutoring market during the forecast period.. For instance, according to a National Sample Survey, more than a quarter of Indian students, over 70 million, take private coaching, and around 12 percent of a family’s expenses go towards private coaching. However, with the declining quality of education in public schools and rural areas, parents are pushed to focus on private tutoring, which is expected to support the private tutoring market.
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Additionally, apart from academic subjects, parents are
focusing on non-academic subjects for their children like learning other
languages. This can be attributed to an increase in the demand for private
tutoring from parents who wants their child should involve in other [productive
activities which may help in the future.
Market Coverage
• The
market number available for – 2020-2027
• Base
year- 2020
• Forecast
period- 2021-2027
Segment Covered-
·
By Subject
·
By Mode
·
By End-User
Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape-
Ambow Education Group, Chegg Inc., Educomp Solutions Ltd., John Wiley &
Sons, Inc., Tal Education, BYJU’s, Club Z! Inc., Daekyo Co. Ltd., eTuturworld
Corp., Vedanta Resources Ltd., and others.
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Global Private Tutoring Market Report Segment
By Subject
·
Academic
·
Non-Academic
·
By Mode
·
Online
·
Offline
By End-User
·
K-10 Students
·
11-12 Students
·
Higher Education
Global Private Tutoring Market Report Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
Company Profiles
·
BYJU’s
·
Club Z! Inc.
·
Daekyo Co. Ltd.
·
eTuturworld Corp.
·
Kaplan International Pathways
·
Kesson Group Inc.
·
Khan Academy, Inc.
·
Kumon Institue of Education Co. Ltd.
·
Mathnasium LLC
·
Pearson
·
Preply Inc.
·
Revolution Prep
·
Sylvan Learning, LLC
·
TutorMe LLC
·
Varsity Tutors LLC
·
Vedanta Resources Ltd.
·
Wyzant, Inc.
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