Private Tutoring Market Will Generate Record Revenue by 2028

 

The global private tutoring market is anticipated to grow at a significant CAGR of around 8.1% during the forecast period. Private tutoring creates a tutoring environment for students that emulates a face-to-face experience that can help a student achieve success in a given class. Increasing competition among the students is likely to surge the demand for the private tutoring market. Online high school tutoring is primarily geared toward students who need extra help in specific areas. However, these programs also offer courses and assignments designed to aid students improve their standardized test-taking skills with doubt clearance capabilities. For instance, in February 2021, Vedantu acquired Instasolv as a doubt-solving platform. Instasolv is a doubt-solving app for Class 6-12 students covering science, mathematics, IIT-JEE, and National Eligibility cum Entrance Test (NEET).

Moreover, high fee structure and lack of technology in rural areas are expected to hinder the growth of the market. However, different teaching styles and methods both offline and online are likely to lower the growth in the market.

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Global private tutoring market was positively affected by the impact of COVID-19 pandemic. After the COVID-19 pandemic, schools had to be shut down to avoid spreading the virus. The education industry offline got negatively impacted by the COVID-19 pandemic but led to an increase in demand for online tutoring. The negative impact of the COVID-19 pandemic on the education industry was offset by online private tutoring opportunities. Thus, the online mode can show healthy growth in the analysis period.

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Global Private Tutoring Market Segmentation

By Subjects

  • Academic
  • Non-Academic
  • By Mode
  • Online
  • Offline

By End-User

  • K-10 Students
  • 11-12 Students
  • Higher Education

Regional Analysis

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Company Profiles 

  • BYJU’s
  • Club Z! Inc.
  • Daekyo Co. Ltd.
  • eTuturworld Corp.
  • Kaplan International Pathways
  • Kesson Group Inc.
  • Khan Academy, Inc.
  • Kumon Institue of Education Co. Ltd.
  • Mathnasium LLC
  • Pearson
  • Preply Inc.
  • Revolution Prep
  • Sylvan Learning, LLC
  • TutorMe LLC
  • Varsity Tutors LLC
  • Vedanta Resources Ltd.
  • Wyzant, Inc.

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