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Private Tutoring Market Overview - Market Size, Top Segments And Industry Forecast To 2032
Private Tutoring Market
The Business Research Company's Private Tutoring Global Market Report 2023 identifies increasing number of students as the major driver for the Private Tutoring market's growth in the forecast period. Private tutoring provides personalized academic support, exam preparation, specialized learning assistance, coaching for extracurricular activities, guidance for college admissions, and boosts students' confidence and self-esteem in competitive environments.
The global private tutoring market is expected to grow from $101.76 billion in 2022 to $110.96 billion in 2023 at a compound annual growth rate (CAGR) of 9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The private tutoring market is expected to reach $155.19 billion in 2027 at a CAGR of 8.7%.
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Major competitors in the Private Tutoring market are TAL Education Group Inc., Sylvan Learning LLC, Kaplan Inc., Chegg Inc., Tutor Doctor Management Services Inc., Wyzant Inc., Kumon Institute of Education Co Ltd.
A key trend in the Private Tutoring market includes product innovations. Major companies operating in the private tutoring market are innovating new solutions to sustain their position in the market. For instance, in September 2022, Tutor.com, a US-based online tutoring company, launched Learner Engagements Online (LEO), an institutional tutoring platform designed to centralize academic support services, scheduling tools, and actionable analytics for students and institutions. LEO offers customizable support services such as one-to-one tutoring, drop-off writing, math review, specialized subject tutoring, small-group tutoring, workshops, peer-to-peer learning, academic advising, and job and career help.
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The Private Tutoring market is segmented -
• By Type: Curriculum-Based Learning, Test Preparation
• By Course Type: Academics, Arts, Sports, Other Types
• By Mode: Offline, Online
• By Application: Up-To-K-12, Post-K-12
• By End User: Preschool And Primary Students, Middle School Students, High School Students, College Students
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Private Tutoring market.
The Business Research Company's "Global Private Tutoring Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Private Tutoring Market Include:
1. Executive Summary
2. Private Tutoring Market Characteristics
3. Private Tutoring Market Trends And Strategies
4. Private Tutoring Market - Macro Economic Scenario
5. Global Private Tutoring Market Size and Growth
…………………………………………………………….
32. Global Private Tutoring Market Competitive Benchmarking
33. Global Private Tutoring Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Private Tutoring Market
35. Private Tutoring Market Future Outlook and Potential Analysis
36. Appendix
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