The global private tutoring market, which was valued 96,218 (USD Million) in 2017, is expected to grow by 7.1% between 2018 and 2026.Private Tutoring Industry share By End-User Analysis, Region,Type Analysis
The global Private Tutoring market, which was estimated at 96,218 (USD Million) in 2017 and is predicted to accrue earnings worth 177,621 (USD Million) by 2026, is set to record a CAGR of nearly 7.1% over 2018-2026. The report offers valuation and analysis of Private Tutoring Market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Million).
Private tutoring is a type of organized set of instructive events which are produced out of the school premises. The key aim of private tutoring is to improve the student performance in academics. Moreover, private tutoring activities offer one-on-one instructive aid for assisting students from school to college. Furthermore, education is termed as social ladder for acquiring professional success as well as personal success. Higher studies are related to rise in employability, high proportion of compensation, and enhanced social status. Hence, parents are investing a large amount of their finance in child’s education that also comprises of private tuitions. Moreover, the acceptance of private tutoring is more in urban areas in comparison to rural ones.
Market Growth Dynamics
The cut-throat competition witnessed among the students for getting into reputed schools and colleges is predicted to steer the expansion of private tutoring industry over the ensuing years. Apart from this, a prominent rise in the parent income has resulted in more kids enrolling in private tuitions due to tough competitive tests. This, in turn, will proliferate the market expansion in the years ahead. Additionally, rise in the penetration of massive online open courses is propelling the need for online learning activities and this will prompt the business landscape. Apart from this, personalized learning also depicts the current trends in education domain and this will add to the market proceeds in the foreseeable future.
With many of the learning approaches becoming institution driven, the idea of customizing learning is slated to accelerate in the coming decade, thereby driving the business growth.
Report Scope:
Report Attributes | Report Details |
---|---|
Report Name | Private Tutoring Market Size Report |
Market Size in 2017 | 96,218 (USD Million) |
Market Forecast in 2026 | 177,621 (USD Million) |
Compound Annual Growth Rate | CAGR of 7.1% |
Number of Pages | 110 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Manhattan Review, EF Education First, Ambrow Education, Web International English, New Oriental, American Tutor, TutorZ, TAL Education, Brighter Minds Tutoring, Chegg, Eduboard, iTutorGroup, Kaplan, Mandarin Rocks, MindLaunch, and Xueda Education |
Segments Covered | By Type,By end-user, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2021 |
Historical Year | 2016 to 2020 |
Forecast Year | 2022 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North American Market Growth To Reach Scalable Heights By 2026
The growth of the market in the sub-continent over 2018-2026 is credited to large number of immigrant students in the countries like the U.S. and Canada. Apart from this, a well-established educational system and tough competition witnessed in the region will propel the regional market growth in the years ahead. In addition to this, massive focus on competitive exams and career-oriented approach among both the parents and the children will further embellish the regional market trends.
Key participants profiled in the report include Manhattan Review, EF Education First, Ambrow Education, Web International English, New Oriental, American Tutor, TutorZ, TAL Education, Brighter Minds Tutoring, Chegg, Eduboard, iTutorGroup, Kaplan, Mandarin Rocks, MindLaunch, and Xueda Education.
This report segments the global private tutoring market into:
Global Private Tutoring Market: Type Analysis
Global Private Tutoring Market: End-User Analysis
By Region
FrequentlyAsked Questions
The cut-throat competition witnessed among the students for getting into reputed schools and colleges is predicted to steer the expansion of private tutoring industry over the ensuing years. Apart from this, a prominent rise in the parent income has resulted in more kids enrolling in private tuitions due to tough competitive tests. This, in turn, will proliferate the market expansion in the years ahead. Additionally, rise in the penetration of massive online open courses is propelling the need for online learning activities and this will prompt the business landscape. Apart from this, personalized learning also depicts the current trends in education domain and this will add to the market proceeds in the foreseeable future.
According to Zion market research report, the global Private Tutoring market, which was estimated at 96,218 (USD Million) in 2017 and is predicted to accrue earnings worth 177,621 (USD Million) by 2026, is set to record a CAGR of nearly 7.1% over 2018-2026.
North America is likely to make noteworthy contributions towards overall market revenue. The regional market growth over 2018-2026 can be credited to large number of immigrant students in the countries like the U.S. and Canada. Apart from this, a well-established educational system and tough competition witnessed in the region will propel the regional market growth in the years ahead. In addition to this, massive focus on competitive exams and career-oriented approach among both the parents and the children will further embellish the regional market trends.
The key players profiled in the report include Manhattan Review, EF Education First, Ambrow Education, Web International English, New Oriental, American Tutor, TutorZ, TAL Education, Brighter Minds Tutoring, Chegg, Eduboard, iTutorGroup, Kaplan, Mandarin Rocks, MindLaunch, and Xueda Education.
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