According to IMARC Group’s latest report, titled “Private Tutoring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global private tutoring market reached a value of US$ 96.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 162.8 Billion by 2027, exhibiting a CAGR of 8.95% during 2022-2027.
Private tutoring is educational assistance or academic support provided by expert teachers or private tutors to adults or elementary and secondary school students. It assists individuals in enhancing their learning across different subjects and preparing for educational qualifications and tests. Nowadays, several private tutoring agencies provide students with tailored tuition and offer specialist skills, methods, or approaches to support individual learning needs.
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Market Trends
As grades are deemed essential and can affect the future choices and outcomes of a child, parents are hiring private tutors for their children to improve their performance and grades at school. In addition, the rising awareness of the benefits of private tutoring services, such as personalized approach and pace, improved confidence and self-esteem, and increased intrinsic performance, is contributing to the market growth. Apart from this, the growing working population worldwide is catalyzing the demand for private tutoring services to help individuals acquire professional skills and get better opportunities at jobs.
List of Key Companies Covered in this Market Report:
- Ambow Education
- American Tutor Inc.
- Chegg Inc.
- Club Z! Inc.
- Daekyo Co. Ltd.
- com
- EF Education First Co. Ltd.
- Huntington Learning Centers Inc.
- iTutorGroup Inc. (Ping An)
- Kaplan Inc. (Graham Holdings Company)
- New Oriental Education & Technology Group Inc.
- Tal Education Group
The report has segmented the market on the basis of learning method, course type, application, end user and geography.
Breakup by Learning Method:
- Online
- Blended
- Others
Breakup by Course Type:
- Curriculum-Based Learning
- Test Preparation
- Others
Breakup by Application:
- Academic Training
- Sports Training
- Art Training
- Others
Breakup by End User:
- Pre-School Children
- Primary School Students
- Middle School Students
- High School Students
- College Students
- Others
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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