NEW YORK, Dec. 6, 2022 /PRNewswire/ --
Online tutoring market insights -
Vendors: 15+, Including 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 and Sons Inc., My Tutorweb Ltd., New Oriental Education and Technology Group Inc., Nuevo Agora Centro De Estudios SL, Pearson Plc, Preply Inc, Stride Inc., among others
Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
Segments: Courses, Platform, and Geography
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In 2017, the online tutoring market was valued at USD 88.07 billion. From a regional perspective, APAC held the largest market share, valued at USD 36.65 billion. The online tutoring market size is estimated to grow by USD 196.35 billion from 2022 to 2027 at a CAGR of 15.38% according to Technavio.
Online tutoring market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –
Key purchase criteria
Drivers of price sensitivity
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Online tutoring market - Vendor Insights
The global online tutoring market is fragmented. The market is witnessing the entry of many enterprises and startups, which is expected to further increase the fragmentation during the forecast period. Both international and regional players prevail in the market, including the ones with diverse service portfolios and single-solution providers. All these vendors play a critical role in the development of global digital education systems. International players are focusing on growing inorganically by acquiring regional or local players. This market's competitive environment will intensify further during the forecast period, with an increase in product or service extensions, technological innovations, and M&As. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -
Ambow Education Holding Ltd. - The company offers online tutoring such as K-12 educational services.
ArborBridge LLC - The company offers online tutoring for SAT and ACT coaching.
China Distance Education Holdings Ltd. - The company offers online tutoring for accounting, healthcare, engineering, and construction.
Online tutoring market - Market Dynamics
Growing importance of STEM education
Strong global demand for test preparation
Increasing focus on language learning
Threat from open-source and private tutoring
Difficulties in developing and distributing digital content
Data security and privacy issues in the online tutoring industry
The online tutoring market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.
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What are the key data covered in this online tutoring market report?
CAGR of the market during the forecast period.
Detailed information on factors that will drive the growth of the market between 2023 and 2027
Precise estimation of the online tutoring market size and its contribution to the parent market.
Accurate predictions about upcoming trends and changes in consumer behavior.
Growth of the market industry across APAC, Europe, North America, South America, and the Middle East and Africa.
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 market vendors.
The predicted growth for the digital education content market size from 2021 to 2026 is USD 47.10 billion at a progressing CAGR of 11.94%. The rapid penetration of internet-enabled devices is notably driving the digital education content market growth, although factors such as increased availability of open educational resources may impede the market growth.
The online education market report is a comprehensive research document that provides in-depth qualitative and quantitative intelligence. Technavio's analysts estimate the market size growth of USD 148.22 billion from 2022 to 2027, at a CAGR of 9.49%. The Standardization of tests is notably driving the online education market growth, although factors such as inadequate cybersecurity measures may impede the market growth.
Online Tutoring Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 15.38%
Market growth 2023-2027
USD 196.35 billion
YoY growth 2022-2023 (%)
APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution
APAC at 47%
US, China, Japan, India, Germany, and UK
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
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 and 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 and Learn Pvt. Ltd., Varsity Tutors LLC, and Vedantu Innovations Pvt. Ltd.
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.
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
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global online tutoring market 2017 - 2021
4.2 Course Segment Analysis 2017 - 2021
4.3 Platform Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Courses
6.1 Market segments
6.2 Comparison by Courses
6.3 STEM - Market size and forecast 2022-2027
6.4 Language courses - Market size and forecast 2022-2027
6.5 Other courses - Market size and forecast 2022-2027
6.6 Market opportunity by Courses
7 Market Segmentation by Platform
7.1 Market segments
7.2 Comparison by Platform
7.3 Desktop tutoring - Market size and forecast 2022-2027
7.4 Mobile tutoring - Market size and forecast 2022-2027
7.5 Market opportunity by Platform
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
9.4 Europe - Market size and forecast 2022-2027
9.5 North America - Market size and forecast 2022-2027
9.6 South America - Market size and forecast 2022-2027
9.7 Middle East and Africa - Market size and forecast 2022-2027
9.8 China - Market size and forecast 2022-2027
9.9 US - Market size and forecast 2022-2027
9.10 Japan - Market size and forecast 2022-2027
9.11 Germany - Market size and forecast 2022-2027
9.12 UK - Market size and forecast 2022-2027
9.13 India - Market size and forecast 2022-2027
9.14 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Ambow Education Holding Ltd.
12.4 ArborBridge LLC
12.5 China Distance Education Holdings Ltd.
12.6 Club Z Inc.
12.7 D2L Corp.
12.8 Fleet Education Services Ltd.
12.9 Growing Stars Inc.
12.10 iTutorGroup Ltd.
12.11 John Wiley and Sons Inc.
12.12 Pearson Plc
12.13 Stride Inc.
12.14 TAL Education Group
12.15 Think and Learn Pvt. Ltd.
12.16 Varsity Tutors LLC
12.17 Vedantu Innovations Pvt. Ltd.
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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