Private Tutoring Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast By 2033
- PUBLISHED ON
- 2023-05-31
- NO OF PAGES
- 296
- CATEGORY
- Retails & Consumer
Private Tutoring Market size was valued at USD 29,166 million in 2022 and is projected to reach USD 123,500 million by 2033, growing at a CAGR of 9.4% during the forecast period.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 29,166 million |
Market Forecast in 2033 | USD 123,500 million |
CAGR % 2023-2033 | 9.4% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product, end-user industry, company share, company heat map, company Capacity Technology Product capacity, growth factors and more |
Key Companies | Arbor Bridge, BenchPrep, AMBOW EDUCATION HOLDING LTD., Chegg, Inc., Mathnasium LLC, TUTOR DOCTOR, TUTORING CLUB, LLC, KUMON INSTITUTE OF EDUCATION CO., LTD., Sylvan Learning, LLC, TAL Education Group |
Private Tutoring Market- Description
Private tutoring, also known as supplementary education or one-on-one instruction, refers to a form of education where students receive personalized and individualized instruction outside of the traditional classroom setting.
Many countries have rigorous entrance examinations for prestigious schools, colleges, or universities. Private tutoring is commonly utilized to prepare students for these exams, providing specialized coaching and guidance to improve their chances of success.
Private Tutoring Market: Key Trends
• Adaptive Learning and AI
Artificial intelligence (AI) and adaptive learning technologies are being integrated into private tutoring platforms to provide personalized learning experiences. AI algorithms analyze student performance and provide tailored recommendations, helping to identify areas of weakness and optimize learning strategies.
• Gamification and Interactive Learning
To make learning more engaging and enjoyable, tutoring platforms are incorporating gamification elements and interactive learning techniques. This approach leverages the inherent motivation of students to enhance their learning experience.
Private Tutoring market: Segmental Analysis
Type
• Online
• Offline
Course Type
• Academics
• Arts
• Sports
• Other training
End User
• Preschool and Primary Students
• Middle School Students
• High School Students
• College Students
Private Tutoring market: Geographical landscape
The Private Tutoring market is expanding globally, with key regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia-Pacific region has historically been a major market for private tutoring due to the importance placed on education and academic achievement in countries like China, South Korea, Japan, and Singapore.
Private Tutoring Market- Recent Developments
• In 2023, Ostaz, a prominent educational platform in the MENA region, has joined forces with Aldar Education, a renowned education group in Abu Dhabi. Together, they aim to provide private tutoring services and after-school support to students in the capital of the UAE. This partnership was established through Hub71, Abu Dhabi's global tech ecosystem, which seeks to assist startup founders by connecting them with business development prospects through its network of esteemed corporate and government partners in the city.
Private Tutoring Market: Key Companies
• Arbor Bridge
• BenchPrep
• AMBOW EDUCATION HOLDING LTD.
• Chegg, Inc.
• Mathnasium LLC
• TUTOR DOCTOR
• TUTORING CLUB, LLC
• KUMON INSTITUTE OF EDUCATION CO., LTD.
• Sylvan Learning, LLC
• TAL Education Group
• Others
Private Tutoring Market: Regional Scope
North America
• U.S.
• Canada
• Mexico
Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific
South America
• Brazil
• Argentina
• Rest of South America
Middle East and Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of Middle East and Africa
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size and growth projections?
The global Private Tutoring market size was valued at USD 29,166 million in 2022 and is projected to reach USD 123,500 million by 2033, growing at a CAGR of 9.4% during the forecast period.
What are the drivers shaping various markets?
Artificial intelligence (AI) and adaptive learning technologies are being integrated into private tutoring platforms to provide personalized learning experiences. AI algorithms analyze student performance and provide tailored recommendations, helping to identify areas of weakness and optimize learning strategies.
Who are the key competitors of market Players?
Some of the major players operating within the market are Arbor Bridge, BenchPrep, AMBOW EDUCATION HOLDING LTD., Chegg, Inc., Mathnasium LLC, TUTOR DOCTOR, TUTORING CLUB, LLC, KUMON INSTITUTE OF EDUCATION CO., LTD., Sylvan Learning, LLC, TAL Education Group.
What are the top performing segments, and countries / regions of each of the markets?
The Asia-Pacific region has historically been a major market for private tutoring due to the importance placed on education and academic achievement in countries like China, South Korea, Japan, and Singapore.
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