In-Person Learning Market Rising Government Initiatives In the Development of Educational Sectors

According to Precision Business Insights (PBI), the latest report, the in-person learning market is expected to be valued at USD 18,643.6 million in 2022. It is poised to grow at a significant CAGR of 10.3% over 2022-2028. The primary driver of the expansion of the global In-Person Learning market is an increase in demand for in-person learning and making huge expenditures on obtaining a quality education, raising awareness about the importance of education, and increasing government investments in the development of education infrastructure.

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Cram School Segment to Dominate the In-Person Learning Market:
Based on application, the cram school sub-segment is expected to have a dominant market share over the forecasted period. Rising disposable income has led to an increase in the expenditure on quality education in countries like India and China. Moreover, parents in developing countries are saving money for quality education and tuition. Also, many students prefer to study aboard for quality education and better employment opportunities, resulting in propelling the demand for cram schools. These factors would surely lead the market of cram school segment. Consequently in-person learning market will expand over the forecasted period.

Asia Pacific In-Person Learning Market:
The Asia-Pacific in-person learning market accounted for the highest market share in past years and it is expected to show the highest growth over the forecast period due to increasing demand for in-person learning, rising demand for quality education, and supportive government initiatives for the development of education infrastructure. Moreover, increasing spending on higher education will provide lucrative opportunities for the in-person learning market in the region.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global In-Person Learning market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In Jan 2021, In January 2022, MyMD Pharmaceuticals, Inc. was awarded the United States Patent 11,219,620 B2, titled "Method of Treating Sarcopenia." by the United States Patent and Trademark Office (USPTO).

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The in-person learning market is segmented based on course type, application, end-user, and geography:
Based on the course type, the market is segmented into the following:
• Academics
• Arts
• Sports
• Other training

Based on the application, the market is segmented into the following:
• At-home Teaching
• Cram School

Based on the end user, the market is segmented into the following:
• Pre-School Children
• Middle School Students
• High School Students
• College Students

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia PACIFIC
• Latin America
• MEA

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Key players' profiles in the in-person learning market report are SYLVAN LEARNING, LLC., IXL LEARNING, INC., KAPLAN, INC. (THE GRAHAM HOLDINGS COMPANY), ITS EDUCATION ASIA, EUROCENTRES, INSEAD, BRITISH STUDY CENTRES, TRIUMPHANT INSTITUTE OF MANAGEMENT, EDUCATION PRIVATE LTD., VIBRANT ACADEMY (INDIA) PVT LTD, ALL A'S ACADEMY, AND ISACA

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