US Online tutoring services market size is set to grow by USD 27.85 billion from 2021 to 2026; Flexibility offered by online tutoring drive growth- Technavio

NEW YORK, March 14, 2023 /PRNewswire/ -- Technavio categorizes the online tutoring services market in US is estimated to increase by USD 27.85 billion from 2021 to 2026. However, the market's growth momentum will decelerate at a CAGR of 16.4%. The flexibility offered by online tutoring is notably driving the market growth, although factors such as a lack of personal connection with students may impede the market growth. Discover some insights on market before buying the full report - Request a sample report

Online Tutoring Services Market in US – Market Dynamics
Leading Drivers - The rise in educational tuition fees has created a major hurdle for low-income families in the country. To ensure equity of education, the US Department of Education has started experimental sites that will test certain innovative practices aimed at providing better, faster, and more flexible paths to academic and career success. Such factors will increase the market growth during the forecast period.

Major challenges - Loss of internet connectivity can result in sudden and incomplete tutoring sessions that can interfere with the learning process. Differences in existing infrastructure between tutoring providers and homes contribute to the lack of personal involvement in online tutoring services. This hinders market growth. 

Online tutoring services market in US – Vendor Analysis
Vendor Landscape -

The online tutoring services market in US is fragmented, with the presence of several vendors. A few prominent vendors that offer online tutoring services in US in the market are ArborBridge LLC, BenchPrep, Chegg Inc., Club Z Inc., Graham Holdings Co., Kesson Group Inc, Knewton Inc., Learn To Be, Manhattan Review, Mathnasium LLC, MindLaunch Coaching, Pearson Plc, Preply Inc, Revolution Prep, Sylvan Learning LLC, TPR Education IP Holdings LLC, TutaPoint LLC, Tutor.com Inc., Varsity Tutors LLC, and Wyzant Inc. and others.

Increasing adoption of advanced technology and digitization in the education industry drives the growth of the market. Also, increasing strategic initiatives such as mergers and acquisitions will strengthen the market positions of the vendors and increase their revenues during the forecast period. 

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Vendor Offerings -

• ArborBridge LLC: The company offers online tutoring services such as SAT, ACT and TOEFL. 
• BenchPrep: The company offers online tutoring services such as reporting and data, content management, and integrations. 
• Chegg Inc.: The company offers online tutoring services such as textbooks, flashcards, and mobile apps.
• Club Z Inc.: The company offers online tutoring services such as SAT, ACT, and college admissions. 
• For details on the vendor and its offerings – Request a sample report

Online Tutoring Services Market in US - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on the product (test preparation service and subject tutoring service) and end-user (higher education institutes and K-12 schools). 

• The test preparation service segment will account for a significant share of the market growth during the forecast period. Data on the number of students taking tests and their performance helps tutors analyze the effectiveness of the teaching methods they use and modify them accordingly. This has resulted in the use of courses tailored to the student's test and financial capabilities. Such factors will increase segment growth during the forecast period.

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Online Tutoring Services Market in US – Key Trends 

The growing customization of tutoring services is a market trend that is expected to have a positive impact in the forecast period. A variety of learning tools are available to help you understand different learning styles. Instant messengers, text chat, Skype, shared whiteboards, graphics tools, and the ability to provide differentiated instructions are some of the learning tools. Teaching activities generate a large amount of data. Content designers use this data to design content according to their analysis. This data will help tutors create customized courses for students, leading to further growth of the focused market. 

What are the key data covered in this report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the online tutoring services market in US between 2021 and 2026
• Precise estimation of the size of the online tutoring services market size in US and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the online tutoring services market across US
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of online tutoring services market vendors in US

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Related Reports: 

The online tutoring services market in India is estimated to grow at a CAGR of 17.03%, and the size of the market is forecasted to increase by USD 10,585.08 million between 2022 and 2027. This report extensively covers market segmentation by courses (stem courses, language courses, and others), and end-user (higher education and K-12). 

The K-12 online tutoring market is estimated to grow at a CAGR of 12.34% between 2022 and 2027. The size of the market is forecasted to increase by USD 97.66 billion. This report extensively covers market segmentation by type (structured tutoring and on-demand tutoring) and geography (APAC, North America, Europe, Middle East and Africa, and South America).

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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 Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 07: Parent market
• Exhibit 08: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 09: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 10: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 11: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 12: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 13: Chart on US: Year-over-year growth 2021-2026 (%)
• Exhibit 14: Data Table on US: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 15: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 16: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 17: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 18: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 19: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 20: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 21: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments
• Exhibit 22: Chart on Product - Market share 2021-2026 (%)
• Exhibit 23: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product 
• Exhibit 24: Chart on Comparison by Product
• Exhibit 25: Data Table on Comparison by Product

• 5.3 Test preparation service - Market size and forecast 2021-2026 
• Exhibit 26: Chart on Test preparation service - Market size and forecast 2021-2026 ($ billion)
• Exhibit 27: Data Table on Test preparation service - Market size and forecast 2021-2026 ($ billion)
• Exhibit 28: Chart on Test preparation service - Year-over-year growth 2021-2026 (%)
• Exhibit 29: Data Table on Test preparation service - Year-over-year growth 2021-2026 (%)

• 5.4 Subject tutoring service - Market size and forecast 2021-2026 
• Exhibit 30: Chart on Subject tutoring service - Market size and forecast 2021-2026 ($ billion)
• Exhibit 31: Data Table on Subject tutoring service - Market size and forecast 2021-2026 ($ billion)
• Exhibit 32: Chart on Subject tutoring service - Year-over-year growth 2021-2026 (%)
• Exhibit 33: Data Table on Subject tutoring service - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Product 
• Exhibit 34: Market opportunity by Product ($ billion)

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 35: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 36: Data Table on End-user - Market share 2021-2026 (%)

• 6.2 Comparison by End-user 
• Exhibit 37: Chart on Comparison by End-user
• Exhibit 38: Data Table on Comparison by End-user

• 6.3 Higher education institutes - Market size and forecast 2021-2026 
• Exhibit 39: Chart on Higher education institutes - Market size and forecast 2021-2026 ($ billion)
• Exhibit 40: Data Table on Higher education institutes - Market size and forecast 2021-2026 ($ billion)
• Exhibit 41: Chart on Higher education institutes - Year-over-year growth 2021-2026 (%)
• Exhibit 42: Data Table on Higher education institutes - Year-over-year growth 2021-2026 (%)

• 6.4 K-12 schools - Market size and forecast 2021-2026 
• Exhibit 43: Chart on K-12 schools - Market size and forecast 2021-2026 ($ billion)
• Exhibit 44: Data Table on K-12 schools - Market size and forecast 2021-2026 ($ billion)
• Exhibit 45: Chart on K-12 schools - Year-over-year growth 2021-2026 (%)
• Exhibit 46: Data Table on K-12 schools - Year-over-year growth 2021-2026 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 47: Market opportunity by End-user ($ billion)

7 Customer Landscape

• 7.1 Customer landscape overview 
• Exhibit 48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 49: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 50: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 51: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 52: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 53: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 54: Matrix on vendor position and classification

• 10.3 ArborBridge LLC
• Exhibit 55: ArborBridge LLC - Overview
• Exhibit 56: ArborBridge LLC - Product / Service
• Exhibit 57: ArborBridge LLC - Key offerings

• 10.4 BenchPrep
• Exhibit 58: BenchPrep - Overview
• Exhibit 59: BenchPrep - Product / Service
• Exhibit 60: BenchPrep - Key news
• Exhibit 61: BenchPrep - Key offerings

• 10.5 Chegg Inc.
• Exhibit 62: Chegg Inc. - Overview
• Exhibit 63: Chegg Inc. - Product / Service
• Exhibit 64: Chegg Inc. - Key news
• Exhibit 65: Chegg Inc. - Key offerings

• 10.6 Club Z Inc.
• Exhibit 66: Club Z Inc. - Overview
• Exhibit 67: Club Z Inc. - Product / Service
• Exhibit 68: Club Z Inc. - Key offerings

• 10.7 Graham Holdings Co.
• Exhibit 69: Graham Holdings Co. - Overview
• Exhibit 70: Graham Holdings Co. - Business segments
• Exhibit 71: Graham Holdings Co. - Key offerings
• Exhibit 72: Graham Holdings Co. - Segment focus

• 10.8 Kesson Group Inc
• Exhibit 73: Kesson Group Inc - Overview
• Exhibit 74: Kesson Group Inc - Product / Service
• Exhibit 75: Kesson Group Inc - Key offerings

• 10.9 Pearson Plc
• Exhibit 76: Pearson Plc - Overview
• Exhibit 77: Pearson Plc - Business segments
• Exhibit 78: Pearson Plc - Key offerings
• Exhibit 79: Pearson Plc - Segment focus

• 10.10 Preply Inc
• Exhibit 80: Preply Inc - Overview
• Exhibit 81: Preply Inc - Product / Service
• Exhibit 82: Preply Inc - Key offerings

• 10.11 TutaPoint LLC
• Exhibit 83: TutaPoint LLC - Overview
• Exhibit 84: TutaPoint LLC - Product / Service
• Exhibit 85: TutaPoint LLC - Key offerings

• 10.12 Tutor.com Inc.
• Exhibit 86: Tutor.com Inc. - Overview
• Exhibit 87: Tutor.com Inc. - Product / Service
• Exhibit 88: Tutor.com Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 89: Inclusions checklist
• Exhibit 90: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 91: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 92: Research methodology
• Exhibit 93: Validation techniques employed for market sizing
• Exhibit 94: Information sources

• 11.5 List of abbreviations 
• Exhibit 95: List of abbreviations

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