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Global Private Tutoring Market Share is Likely to Grow at a CAGR Value of 9.1% By 2028

10-Aug-2022 | Facts and Factors

According to Facts and Factors, the global private tutoring market size was worth USD 29.6 billion in 2021 and is estimated to grow to USD 49.9 billion by 2028, with a compound annual growth rate (CAGR) of approximately 9.1% over the forecast period. The report analyzes the private tutoring market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the private tutoring market.

Since it is a one-to-one interaction method, private tutoring is a standard teaching method. People usually appreciated it because they could prepare alone and wanted to avoid mass. Private instruction is offered both offline and online these days. Private tutoring, usually referred to as in-home tutoring, is a sort of instruction that frequently occurs in a home setting and is frequently given by a qualified advisor or teacher. Probably more often than not, tutoring is related to an academic subject or exam prep. These approaches stand in stark contrast to tutoring centers or after-school tutoring. Private tutoring occurs in a one-on-one setting, with the teacher attempting to concentrate on just one student. Private tutoring is one of the most well-liked teaching methods for raising a student's academic performance. The world's population increase, increasing educational needs, growing number of schools, colleges, and universities, and a corresponding rise in student admissions all contribute to the ongoing growth of the market for private tutoring. Examples of ongoing developments in the field of adult learning include the expanding participation in and diversification of postsecondary education and the rising popularity of acquiring a degree via distance learning.

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Browse the full “Private Tutoring Market Size, Share, Growth Analysis Report By Type (Online and Offline and Blended), By End User (Preschool and Primary Students, Middle School Students, High School Students, and College Students), By Course Type (Academics, Arts, Sports, and Other training), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/private-tutoring-market

The desire for education in general and rising literacy awareness, to name a few, are projected to be the main drivers of the global private tutoring market. Additionally, the growing prominence of several topics, like math and science, frequently seen as career-building blocks combined with personalized learning strategies, are anticipated to expand the market for private tutoring globally during the forecast period. Additionally, the ongoing pandemic has spawned social segregation norms and lockdown policies, which are anticipated to create new revenue potential for the online-based private tutoring market throughout the projected year. Nevertheless, during the forecast period, a higher fee structure is anticipated to restrain the growth of the worldwide private tutoring market.

Segmental Overview

The global private tutoring market is segregated based on type, end-user, course type, and region. Based on type, the market is divided into online and offline and blended. In 2021, the offline and blended sectors led the market in terms of type. Based on End-Users, the market is divided into preschool and primary students, middle school students, high school students, and college students. In 2021, the high school students sector led the market in terms of end-user. Based on course type, the market is divided into academics, arts, sports, and other training. Academics courses were the most popular course type in 2021.

Regional Overview

The global private tutoring market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In 2021, the Asia-Pacific region held the largest market share. Private tutoring earned the most significant market share, and it is predicted that the Asia Pacific will continue to keep that position during the projected period. Government-funded initiatives to implement smart education and e-learning, as well as initiatives to increase literacy in rural areas throughout Asia-Pacific, are the main growth drivers of this industry.

Growing literacy has increased the importance of education, especially in rural and developing areas, which motivates parents to provide their children with better educational resources. The North American private tutoring market is expected to increase with the growing availability of customized courses. Participants in the industry are providing a tailored platform that enables students to develop according to their aptitude. Government spending on STEM education is increasing, assisting the market participant in offering individualized private tutoring programs.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 29.6 Billion

Projected Market Size in 2028

USD 49.9 Billion

CAGR Growth Rate

9.1% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

Arbor Bridge, BenchPrep, Ambow EDUCATION HOLDING LTD., Chegg Inc., Mathnasium LLC, Tal Education Group, Tutor Doctor, Tutoring Club Llc, Kumon Institute Of Education Co. Ltd., Sylvan Learning LLC, and Others

Key Segment

By Type, End User, Course Type, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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Competitive Landscape

The report contains qualitative and quantitative research on the global private tutoring market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts.

Key players in the global private tutoring market include Arbor Bridge, BenchPrep, Ambow EDUCATION HOLDING LTD., Chegg, Inc., Mathnasium LLC, Tal Education Group, Tutor Doctor, Tutoring Club, Llc, Kumon Institute Of Education Co., Ltd., and Sylvan Learning Llc.

Recent Development:

  • In August 2021, Varsity Tutors, one of the nation's largest platforms for live online tutoring and classes, unveiled a new set of solutions to assist school systems in dealing with disruptions and learning loss caused by the COVID-19 pandemic. The new services expand upon the company's already-existing capabilities for schools, but with a particular emphasis on giving prompt learning support to handle the escalating difficulties experienced this academic year. The technologies specifically give K-12 institutions almost immediate and direct access to district-wide supplemental live education.

The global private tutoring market is categorized as follows:

By Type

  • Online
  • Offline and Blended

By End User

  • Preschool and Primary Students
  • Middle School Students
  • High School Students
  • College Students

By Course type

  • Academics
  • Arts
  • Sports
  • Other training

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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