Press release
Private Tutoring Market 2025 Trends: Expected to Grow at a CAGR of a CAGR of 9.4% from 2021 to 2030, Claims AMR
Private tutoring has been gaining significant traction among parents. As parents want their children to achieve the highest ranks in academics and most of the parents feel that their children are not performing well in certain subjects. Furthermore, students are increasingly incline towards the sports and arts education as they want follow their passion and latter they can have career and business option related to their passion.
The private tutoring market size is expected to reach $123,511.4 million by 2030, registering a CAGR of 9.4% from 2021 to 2030.
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On the basis of type, the online segment has been gaining significant share in global private tutoring market and is estimated to reach $27,576.8 million by 2030 at a CAGR of 11.3%. Online tutoring is the process of tutoring in an online environment, Where tutor and student are in different geographic locations as well as in different time zones. It helps students to learn from the comfort of their home. Online and mobile learning platforms are increasingly used by students owing to benefits associated such as high affordability, improve student attendance and access to updated content.
On the basis of course type, the sports segments accounted for around 16.4% market share in 2020, with and is expected to grow at CAGR of 10.6% during the private tutoring market forecast period. Increasing participation of the students and adults in sports activities and rising expenditure for sports education has been creating demand for private tutoring market.
According to the private tutoring market trends, on the basis of end user, the preschool and primary students segment is growing at highest CAGR growth rate and is estimated to reach $15,798.0 million by 2030. Preschool and primary plays vital role in building the foundation of children before they start their education. Rising parent awareness regarding early childhood education and rising nuclear families and working women are some of the attributes supporting the private tutoring market growth through preschool and primary student segment.
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Key Findings Of The Study
The private tutoring market was valued at $29,566.3 million in 2020, and is estimated to reach $ 123,511.4 million by 2030, registering a CAGR of 9.4% from 2021 to 2030.
By type, the offline and blended segment is estimated to witness the significant growth, registering a CAGR of 9.2% during the forecast period.
In 2020, depending on end user, the high school students segment was valued at $11,332.6 million, accounting for 27.4% of the global private tutoring market share.
By course type, the academics segment is estimated to witness the significant growth, registering a CAGR of 8.8% during the forecast period.
In 2020, the China was the most prominent market in Asia-Pacific, and is projected to reach $12,307.6 million by 2030, growing at a CAGR of 9.7% during the forecast period.
Key Benefits For Stakeholders
The report provides a quantitative analysis of the current trends, estimations, and dynamics of the market size from 2020-2030 to identify the prevailing opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis and the market size and segmentation assist to determine the prevailing market opportunities.
The major countries in each region are mapped according to their revenue contribution to the Private Tutoring market share.
The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the private tutoring industry.
Key Benefits For Stakeholders
ArborBridge
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
Know More https://www.einpresswire.com/article/738881724/private-tutoring-market-expeditious-growth-expected-in-2021-2030-arborbridge-benchprep-ambow-education-holding-ltd
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
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