Press release
Exam Preparation And Tutoring Market Poised for 5.4 % Growth, Set to Hit $10.35 Billion by 2029
Exam Preparation And Tutoring
The growth of the exam preparation and tutoring market is predicted to be propelled by escalating academic rivalry. As scholastic standards elevate and an increased number of students compete for finite college entries and scholarship options, learners are experiencing mounting stress to attain academic brilliance. This cutthroat context urges both pupils and guardians to consider additional backing via tutoring services that boost scholastic achievements and elevate test results. For instance, Data Science for Everyone, a group promoting data science education, revealed that student participation in the AP Data Science Challenge, where high school students hone fundamental data science abilities, surged from 2,500 in 2023 to 9,000 in 2024. Hence, the intensifying academic rivalry is fueling the expansion of the exam preparation and tutoring market.
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How will the growth rate of the exam preparation and tutoring market shape industry trends by 2034?
The market size for tutoring and exam preparation has seen robust growth in the recent past. The market value is projected to surge from $68.08 billion in 2024, to $72.09 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. Various elements contributed to this growth during the historical period, including the trends in the education system, high-stakes exams, the hopes and active involvement of parents, the competitive nature of college admissions, globalization, and the need for language proficiency.
The size of the exam preparation and tutoring market is anticipated to experience robust expansion in the upcoming years, swelling to $88.81 billion by 2029 with a Cumulative Annual Growth Rate (CAGR) of 5.4%. The projected growth within this period is believed to be driven by factors such as trends in remote and online education, focus on skill-oriented education, alterations in testing regimes, governmental initiatives, educational policy developments, and an increase in lifelong learning. In the forecast period, significant trends are likely to include the use of adaptive learning technologies, technological leaps in the education sector, customized learning platforms, the gamification of education, and cooperative learning platforms.
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What trends are poised to drive the future success of the exam preparation and tutoring market?
The role of technological advancements is becoming increasingly significant in the exam preparation and tutoring market, a trend being capitalized on by a number of firms. To retain their competitiveness, companies in this sector are harnessing cutting-edge technologies to generate innovative product offerings. As an illustration, Vedantu, a tutoring platform based in India, debuted the Whiteboard Audio Video Environment (W.A.V.E. 2.0) in March 2022. This is an enriched online learning platform that employs artificial intelligence and machine learning to analyze over a hundred parameters simultaneously, greatly enhancing student engagement, instructional efficiency, and achievable learning outcomes. By leveraging facial recognition, content and whiteboard usage analysis, as well as verbal interaction, doubt, tone, and sentiment analysis among others, the technology can deliver precise insights. Its creators anticipate that this patented technology could entirely transform the way students learn and are evaluated.
Which primary segments of the exam preparation and tutoring market are driving growth and industry transformations?
The exam preparation and tutoring market covered in this report is segmented -
1) By Tutoring Type: Structured Tutoring, On-demand Tutoring
2) By Tutoring Style: Test Preparation Service, Subject Tutoring Service
3) By Course Duration: Test Preparation Service, Subject Tutoring Service
4) By End-User: K-12 (Schools), Higher Education (College Or Universities), Corporate Or Professional Training
Subsegments:
1) By Structured Tutoring: One-On-One Tutoring Sessions, Group Tutoring Classes, Curriculum-Based Programs
2) By On-Demand Tutoring: Online Tutoring Platforms, Mobile App-Based Tutoring, Instant Tutoring Services
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Which geographical regions are pioneering growth in the exam preparation and tutoring market?
North America was the largest region in the exam preparation and tutoring market in 2024. Asia-Pacific is expected to be the global exam preparation and tutoring market report fastest-growing region in the forecast period. The regions covered in the exam preparation and tutoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the exam preparation and tutoring market landscape?
Major companies operating in the exam preparation and tutoring market include Pearson plc, TAL Education Group, McGraw Hill Education Inc., Cengage Learning Holdings II Inc., Kaplan Inc., Varsity Tutors, The Princeton Review, Sylvan Learning LLC, Chegg Inc., Tutor Doctor International Inc., Catapult Learning LLC, Wyzant Inc., C2 Educational System Inc., Kumon North America Inc., TPR Education IP Holdings, Tutor.com Inc., Preply Inc., GradeStack Learning Pvt. Ltd., Barron's Educational Series Inc., Mathnasium LLC, TakeLessons, Ambow Education Holding Ltd., BenchPrep, Club Z! Tutoring Services, Skooli Inc., ArborBridge Inc., Manhattan Prep, Magoosh, Tutoring Club LLC, Houghton Mifflin Harcourt Publishing Company, Wiley Education Services
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What Is Covered In The Exam Preparation And Tutoring Global Market Report?
•Market Size Forecast: Examine the exam preparation and tutoring market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the exam preparation and tutoring market for a structured understanding.
•Key Players Overview: Analyze major players in the exam preparation and tutoring market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the exam preparation and tutoring market.
•Segment Contributions: Evaluate how different segments drive overall growth in the exam preparation and tutoring market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the exam preparation and tutoring market.
•Industry Challenges: Identify potential risks and obstacles affecting the exam preparation and tutoring market.
•Competitive Landscape: Review strategic developments in the exam preparation and tutoring market, including expansions, agreements, and new product launches.
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