NEW YORK, Nov. 21, 2022 /PRNewswire/ -- The Global Online Tutoring Market share is set to increase by USD 196.35 billion from 2022 to 2027. Moreover, the market's growth momentum will accelerate at a CAGR of 15.38% as per the latest market forecast report by Technavio. The market will also record a 15.03% Y-O-Y growth Rate during the forecast period.
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Global Online Tutoring Market- Parent Market Analysis
Technavio categorizes the global online tutoring market as a part of the global education market (also referred to as the global education services market). The parent global education market covers products, services, and solutions that are offered to educational institutions, corporate institutions, students, parents, individuals, and teachers. Technavio calculates the global education market size based on the combined revenue generated by manufacturers/providers of equipment, software, teaching materials, solutions, and services.
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Global Online Tutoring Market Characteristics with Five Forces–
The Global Online Tutoring Market is fragmented and the five forces analysis by Technavio gives an accurate vision –
- Bargaining Power of Buyers
- The threat of New Entrants
- Threat of Rivalry
- Bargaining Power of Suppliers
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Global Online Tutoring Market – Customer Landscape - The disruption threats are strategic in nature, and operational risks for suppliers have been mapped based on their negative business impact and probability of occurrence.
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Global Online Tutoring Market - Segmentation Assessment
Geography Segment Overview
Technavio's market research report entails detailed information on regional opportunities in store for vendors, which will assist in generating sales revenues. The Global Online Tutoring Market as per geography is categorized into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides an accurate prediction of the contribution of all regions to the growth of the Global Online Tutoring Market size and actionable market understandings.
Regional Highlights:
- APAC is the fastest-growing region in the global Online Tutoring Market compared to other regions. 47% growth will originate from APAC. The three biggest markets in APAC for online tuition are China, India, and Japan. Due to the lockdown restrictions, enrollment rates among students significantly increased, particularly in the K–12 segment. For the convenience of students, universities offered recorded online classes through mobile applications and held online assessments. Additionally, various vendors in the APAC online tutoring industry provided a wide range of free services to increase their user base.
Type Segment Overview
- The Global Online Tutoring Market as per Courses Segmentation is categorized into STEM, Language courses, and Other courses.
- Revenue Generating Segment - The Online Tutoring Market share growth by the STEM segment will be significant during the forecast period. For admission to engineering and medical programs in India, students must pass standardized exams like the Joint Entrance Examination (JEE) and the National Eligibility cum Entrance Test-Under Graduate (NEET-UG). These exams mostly include material from STEM fields like science, math, and engineering. Students must therefore receive the necessary assistance and care in order to take these tests. The intense focus on examination uniformity will heighten student competition and motivate them to enroll in specialized STEM courses and online test preparation programs over the predicted period.
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Global Online Tutoring Market – Market Dynamics
Major Driver Boosting the Market
- The primary driver fueling the expansion of the worldwide online tutoring market is the rising importance of STEM education. One of the key factors fueling the market's expansion is the rising importance of STEM education among students, parents, and different educational stakeholders around the world. STEM combines various courses into a single, application-based learning methodology. As a result, it prepares students to acquire STEM-related job-relevant abilities. One of the main factors contributing to the increased popularity of STEM courses among students worldwide is the expansion of employment prospects in the sector.
Major trends influencing the growth of glamping
- The expansion of the worldwide online tutoring market will be fueled by apps and wearables. Advanced technology like wearables and mobile apps are some of the most recent market developments. Tutors are boosting their teaching sessions with a variety of smartphone apps in addition to the usage of VR in online classes.
- The need for mobile learning apps is being fueled by the widespread use of smartphones and the expanding Internet. Furthermore, the most widely used technology in virtual classrooms is anticipated to be VR gadgets and smartwatches.
Major Challenges interrupting the market growth
- The threat posed by open-source and private tutoring is a significant obstacle to the expansion of the worldwide online tutoring sector. The availability of free and open-source tutoring resources presents a serious threat to the market's expansion. Several open-source online tutoring companies also provide free tutoring programs at the same time. As a result, customers who are unable to pay for an online tutoring service will choose the free services provided by numerous open-source tutoring companies.
- Therefore, during the projection period, the rising demand for open-source and private coaching will present a substantial obstacle to the market's growth.
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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19-impacted market research reports.
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Online Tutoring Market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist the Online Tutoring Market growth during the next five years
- Estimation of the Online Tutoring Market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the Online Tutoring Market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of Online Tutoring Market vendors
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Online Tutoring Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2022 |
Historical year |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.38% |
Market growth 2023-2027 |
USD 196.35 billion |
Market structure |
Fragmented |
YoY growth (%) |
15.03 |
Regional analysis |
APAC, Europe, North America, South America, and the Middle East and Africa |
Performing market contribution |
APAC at 47% |
Key consumer countries |
US, China, Japan, India, Germany, and UK |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Ambow Education Holding Ltd., ArborBridge LLC, China Distance Education Holdings Ltd., Club Z Inc., D2L Corp., Fleet Education Services Ltd., Growing Stars Inc., iTutorGroup Ltd., John Wiley & Sons Inc., My Tutorweb Ltd., New Oriental Education and Technology Group Inc., Nuevo Agora Centro De Estudios SL, Pearson Plc, Preply Inc, Stride Inc., Sylvan Learning LLC, TAL Education Group, Think & Learn Pvt. Ltd., Varsity Tutors LLC, and Vedantu Innovations Pvt. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Courses
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Platform
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global online tutoring market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global online tutoring market 2017 - 2021 ($ billion)
- 4.2 Course Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Course Segment 2017 - 2021 ($ billion)
- 4.3 Platform Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Platform Segment 2017 - 2021 ($ billion)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Courses
- 6.1 Market segments
- Exhibit 30: Chart on Courses - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Courses - Market share 2022-2027 (%)
- 6.2 Comparison by Courses
- Exhibit 32: Chart on Comparison by Courses
- Exhibit 33: Data Table on Comparison by Courses
- 6.3 STEM - Market size and forecast 2022-2027
- Exhibit 34: Chart on STEM - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on STEM - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on STEM - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on STEM - Year-over-year growth 2022-2027 (%)
- 6.4 Language courses - Market size and forecast 2022-2027
- Exhibit 38: Chart on Language courses - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Language courses - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Language courses - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Language courses - Year-over-year growth 2022-2027 (%)
- 6.5 Other courses - Market size and forecast 2022-2027
- Exhibit 42: Chart on Other courses - Market size and forecast 2022-2027 ($ billion)
- Exhibit 43: Data Table on Other courses - Market size and forecast 2022-2027 ($ billion)
- Exhibit 44: Chart on Other courses - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Other courses - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Courses
- Exhibit 46: Market opportunity by Courses ($ billion)
7 Market Segmentation by Platform
- 7.1 Market segments
- Exhibit 47: Chart on Platform - Market share 2022-2027 (%)
- Exhibit 48: Data Table on Platform - Market share 2022-2027 (%)
- 7.2 Comparison by Platform
- Exhibit 49: Chart on Comparison by Platform
- Exhibit 50: Data Table on Comparison by Platform
- 7.3 Desktop tutoring - Market size and forecast 2022-2027
- Exhibit 51: Chart on Desktop tutoring - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Data Table on Desktop tutoring - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Chart on Desktop tutoring - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Desktop tutoring - Year-over-year growth 2022-2027 (%)
- 7.4 Mobile tutoring - Market size and forecast 2022-2027
- Exhibit 55: Chart on Mobile tutoring - Market size and forecast 2022-2027 ($ billion)
- Exhibit 56: Data Table on Mobile tutoring - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Chart on Mobile tutoring - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Mobile tutoring - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Platform
- Exhibit 59: Market opportunity by Platform ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 61: Chart on Market share by geography 2022-2027 (%)
- Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 63: Chart on Geographic comparison
- Exhibit 64: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 Japan - Market size and forecast 2022-2027
- Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.11 Germany - Market size and forecast 2022-2027
- Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 India - Market size and forecast 2022-2027
- Exhibit 105: Chart on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 106: Data Table on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 107: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.14 Market opportunity by geography
- Exhibit 109: Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 110: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 112: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 113: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 114: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 115: Matrix on vendor position and classification
- 12.3 Ambow Education Holding Ltd.
- Exhibit 116: Ambow Education Holding Ltd. - Overview
- Exhibit 117: Ambow Education Holding Ltd. - Business segments
- Exhibit 118: Ambow Education Holding Ltd. - Key news
- Exhibit 119: Ambow Education Holding Ltd. - Key offerings
- Exhibit 120: Ambow Education Holding Ltd. - Segment focus
- 12.4 ArborBridge LLC
- Exhibit 121: ArborBridge LLC - Overview
- Exhibit 122: ArborBridge LLC - Product / Service
- Exhibit 123: ArborBridge LLC - Key offerings
- 12.5 China Distance Education Holdings Ltd.
- Exhibit 124: China Distance Education Holdings Ltd. - Overview
- Exhibit 125: China Distance Education Holdings Ltd. - Business segments
- Exhibit 126: China Distance Education Holdings Ltd. - Key news
- Exhibit 127: China Distance Education Holdings Ltd. - Key offerings
- Exhibit 128: China Distance Education Holdings Ltd. - Segment focus
- 12.6 Club Z Inc.
- Exhibit 129: Club Z Inc. - Overview
- Exhibit 130: Club Z Inc. - Product / Service
- Exhibit 131: Club Z Inc. - Key offerings
- 12.7 D2L Corp.
- Exhibit 132: D2L Corp. - Overview
- Exhibit 133: D2L Corp. - Product / Service
- Exhibit 134: D2L Corp. - Key news
- Exhibit 135: D2L Corp. - Key offerings
- 12.8 Fleet Education Services Ltd.
- Exhibit 136: Fleet Education Services Ltd. - Overview
- Exhibit 137: Fleet Education Services Ltd. - Product / Service
- Exhibit 138: Fleet Education Services Ltd. - Key offerings
- 12.9 Growing Stars Inc.
- Exhibit 139: Growing Stars Inc. - Overview
- Exhibit 140: Growing Stars Inc. - Product / Service
- Exhibit 141: Growing Stars Inc. - Key offerings
- 12.10 iTutorGroup Ltd.
- Exhibit 142: iTutorGroup Ltd. - Overview
- Exhibit 143: iTutorGroup Ltd. - Product / Service
- Exhibit 144: iTutorGroup Ltd. - Key offerings
- 12.11 John Wiley and Sons Inc.
- Exhibit 145: John Wiley and Sons Inc. - Overview
- Exhibit 146: John Wiley and Sons Inc. - Business segments
- Exhibit 147: John Wiley and Sons Inc. - Key offerings
- Exhibit 148: John Wiley and Sons Inc. - Segment focus
- 12.12 Pearson Plc
- Exhibit 149: Pearson Plc - Overview
- Exhibit 150: Pearson Plc - Business segments
- Exhibit 151: Pearson Plc - Key offerings
- Exhibit 152: Pearson Plc - Segment focus
- 12.13 Stride Inc.
- Exhibit 153: Stride Inc. - Overview
- Exhibit 154: Stride Inc. - Product / Service
- Exhibit 155: Stride Inc. - Key offerings
- 12.14 TAL Education Group
- Exhibit 156: TAL Education Group - Overview
- Exhibit 157: TAL Education Group - Business segments
- Exhibit 158: TAL Education Group - Key offerings
- Exhibit 159: TAL Education Group - Segment focus
- 12.15 Think and Learn Pvt. Ltd.
- Exhibit 160: Think and Learn Pvt. Ltd. - Overview
- Exhibit 161: Think and Learn Pvt. Ltd. - Product / Service
- Exhibit 162: Think and Learn Pvt. Ltd. - Key offerings
- 12.16 Varsity Tutors LLC
- Exhibit 163: Varsity Tutors LLC - Overview
- Exhibit 164: Varsity Tutors LLC - Product / Service
- Exhibit 165: Varsity Tutors LLC - Key offerings
- 12.17 Vedantu Innovations Pvt. Ltd.
- Exhibit 166: Vedantu Innovations Pvt. Ltd. - Overview
- Exhibit 167: Vedantu Innovations Pvt. Ltd. - Product / Service
- Exhibit 168: Vedantu Innovations Pvt. Ltd. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 169: Inclusions checklist
- Exhibit 170: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 171: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 172: Research methodology
- Exhibit 173: Validation techniques employed for market sizing
- Exhibit 174: Information sources
- 13.5 List of abbreviations
- Exhibit 175: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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