Global Private Tutoring Market is Expected to Reach USD 161.8 Billion With CAGR 8.3% By Forecast 2027
Global Private Tutoring Market: Size in 2020 was worth US $ 92.6 Bn. at a CAGR 8.3% and it is expected to reach US $ 161.8 Bn. in 2027.
Global Private Tutoring Market Overview: The increased competitiveness among kids for admission to prestigious schools will most likely drive the global private tutoring market in the future. With the increase in income, parents are enthusiastically enrolling their children in private tuitions to better address their children's learning needs. Another factor expected to boost the global private tutoring market in the years ahead is the growing number of students enrolling in private tutoring as a result of the constant challenge of competitive tests. Education is regarded as the social ladder to personal and professional success. Higher education is linked to more job options, higher pay, and a higher social status. As a result, people are pouring money into their children's education, including private tutoring or private supplementary tutoring, which is becoming a major trend in the worldwide education system. Private tutoring services are more widely used in urban areas than in rural areas.
Maximize Market Research provides a brief description of Global Private Tutoring Market provides the latest snapshots of the market, and best understands its features. The report thoroughly covers analysed insights in view of the market along with its ever-changing patterns, industry environment, and all dominant aspects of the market. This research methodology has been applied to examine the global Global Private Tutoring market and these findings have been logically mentioned in this report.
Global Private Tutoring Market Scope:
Global Private Tutoring Market 2021 research report 2027 provides vital statistics and analytical knowledge to grant an entire understanding of the market size, share, growth, trend, demand, top player and industry summary, opportunities, worth cycle, end-users, technology, types and application. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The report provides trends that are most dominant in the Global Private Tutoring market and how these trends will influence new business investments and development overall. The market trend has a direct impact on the dynamics of the industry, including New Technology, Foreign Entry, New Regulations, Government Spending, New Applications, etc. A detailed analysis of trends is provided in this report to help you in your business decisions in Global Private Tutoring market.
The qualitative and quantitative data provided in the Global Private Tutoring market study can help decision-makers understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas. The report also includes the competitive landscape of key players in the industry along with emerging trends in the Global Private Tutoring market.
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Global Private Tutoring Market Segmentation: Based on course type, the STEM sub-segment held largest market share of 62 % in 2020. Some school districts have partnered with digital learning platforms to provide local educational broadcasts focusing on various STEM courses at various grade levels. For example, the Los Angeles Unified School District (LAUSD) teamed with the Public Broadcasting Service (PBS) in March 2020 to provide students with personalised instructional content on three over-the-air broadcasts as well as a variety of digital options. The popularity of online learning methods among high school students accounts for this large percentage of the sector. STEM courses for middle and high school students are being developed by a number of EdTech companies. In July 2020, for example, McGraw Hill, an American education corporation, teamed with TutorMe, LLC, and a U.S.-based education services provider, to offer free on-demand tutoring to college students.
Global Private Tutoring Market Key Players:
• Ambow Education
• A Plus-All Subjects
• Building Educated
• Chegg, Inc.
• Club Z, Inc.
• Daekyo Co.,
• Educomp Solutions
• Fleet Education Services
• Huntington Learning Centers,
• JEI Learning Centers
• Kaplan, Inc.
• 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 Grou
The report examines the top players in the Global Private Tutoring market in terms of their size, market share, market growth, revenue, production volume, and profitability. The research outlines which growth strategies are being used by key players, including strategic alliances, new product innovation, and so on. It tells you whether you're competing with only industry firms or with competitors who provide alternative solutions. The study helps you understand competitor pricing in the Global Private Tutoring market so you can examine and build a pricing plan that works for your product.
Global Private Tutoring Market Regional Analysis:
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Global Private Tutoring market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
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COVID-19 Impact Analysis on Global Private Tutoring Market:
The report has identified detailed impact of COVID-19 on Global Private Tutoring market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Global Private Tutoring market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.
Key Questions answered in the Global Private Tutoring Market Report are:
- Which product segment grabbed the largest share in the Global Private Tutoring market?
- How is the competitive scenario of the Global Private Tutoring market?
- Which are the key factors aiding the Global Private Tutoring market growth?
- Which region holds the maximum share in the Global Private Tutoring market?
- What will be the CAGR of the Global Private Tutoring market during the forecast period?
- Which application segment emerged as the leading segment in the Global Private Tutoring market?
- Which are the prominent players in the Global Private Tutoring market?
- What key trends are likely to emerge in the Global Private Tutoring market in the coming years?
- What will be the Global Private Tutoring market size by 2027?
- Which company held the largest share in the Global Private Tutoring market?
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