Press release
E-Learning Surge How COVID-19 Transformed Education And Fueled The Online Tutoring Market: Key Factor Driving The Growth In The Online Tutoring Market
Online Tutoring Market
What Is the Projected Growth of the Online Tutoring Market?
The online tutoring market has seen rapid growth in recent years. It will grow from $11.15 billion in 2024 to $12.8 billion in 2025, at a compound annual growth rate (CAGR) of 14.8%. The growth is attributed to the globalization of education, increased academic competition, time constraints due to busy lifestyles, the availability of customized learning paths, and access to specialized expertise.
The online tutoring market is projected to grow rapidly, reaching $23.57 billion by 2029 at a CAGR of 16.5%. This growth will be supported by a continued focus on academic excellence, remote and hybrid education models, homeschooling trends, global skill development, and personalized learning. Key trends include AI-powered tutors, flexible scheduling, parental involvement features, and integration with e-learning platforms.
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What Are the Different Online Tutoring Market Segments?
The online tutoring market covered in this report is segmented -
1) By Type: STEM Courses, Language Courses, Other Courses
2) By Application: K-12, College Students, In-Service Education, Other Applications
3) By Sales Channel Types: Private Coaching, International Organizations And Associations, Educational Institutes, Other Channels
Subsegments:
1) By STEM Courses: Mathematics, Science, Technology And Computer Science
2) By Language Courses: English As A Second Language (ESL), Foreign Language Tutoring, Language Proficiency Test Preparation
3) By Other Courses: Humanities, Arts And Music, Test Preparation
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What Are the Primary Drivers Shaping the Online Tutoring Market?
The increasing demand for e-learning due to the impact of COVID-19 is contributing to the expansion of the online tutoring market. COVID-19 led to the closure of schools globally, resulting in a significant shift toward e-learning and online tutoring via digital platforms. For example, data from Eurostat in January 2024 revealed that in 2023, 30% of internet users in the EU aged 16 to 74 participated in online courses or accessed learning materials, a 2 percentage point increase from 2022. This rising demand for e-learning is expected to drive the growth of the online tutoring market.
Which Companies Are Leading in the Online Tutoring Market?
Major companies operating in the online tutoring market include Beijing Magic Ears Technology Co. Ltd., Pearson plc, New Oriental Education & Technology Group Inc., China Distance Education Holdings Ltd., TAL Education Group, Think and Learn Pvt. Ltd., Chegg Inc., Wyzant Inc., Varsity Tutors LLC, Club Z Inc., Skillshare Inc., GradeStack Learning Pvt. Ltd., Simplilearn Solutions Pvt. Ltd., Cambly Inc., Teachable Inc., Preply Inc., Ambow Education Holding Ltd., Khan Academy Inc., iTutorGroup Inc., Tutor Eye Inc., ArborBridge Inc., Vedantu Innovations Pvt. Ltd., TutStu Education, Fleet Education Services Ltd., Structured Tutoring, On-demand Tutoring, Qkids Teacher, TutorMe LLC., Tabtor Math Inc.
What Trends Are Driving Growth in The Online Tutoring Market?
Companies in the online tutoring market are increasingly developing AI-driven teaching solutions to personalize learning experiences. For example, in August 2022, HMH, a U.S.-based education company, introduced Amira Learning + Saxon Phonics and Spelling, a system integrating AI-powered reading tutoring and phonics instruction to improve student engagement and performance.
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What Are the Top Revenue-Generating Geographies in the Online Tutoring Market?
The countries covered in the online tutoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Online Tutoring Market?
2. What is the CAGR expected in the Online Tutoring Market?
3. What Are the Key Innovations Transforming the Online Tutoring Industry?
4. Which Region Is Leading the Online Tutoring Market?
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