Online Tutoring Market 2017-2025
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The online tutoring market is classified by courses and analysis. On the basis of courses and analysis, the market has been segregated into language courses and STEM courses. STEM courses held majority of the market share of the online tutoring market in 2016 and is expected to retain its position over the forecast period. Growth of enrollment in science and mathematics courses has led to growth of this segment. There has been a steady growth of online tutoring services for both teachers and students owing to the ease of information sharing and uninterrupted communication.
By geography, the online tutoring market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America held the dominant share of the online tutoring market in 2016 and is expected to retain its position during the forecast period. Presence of several global vendors for online tutoring has been a primary factor of growth for the online tutoring market in this region. Numerous institutions and universities have shifted their focus to smart learning solutions which in turn has pushed the growth of the online tutoring market in North America. The U.S. is likely to hold majority of the market share of the online tutoring market by the end of the forecast period. The market in Europe is likely to grow at a rapid pace owing to the rise in implementation of widespread digitalization. Asia Pacific is one of the promising regions for the online tutoring market due to the rapid penetration and adoption of online education solutions in this region. With the advent of digitalization, this region is likely to gain traction for the growth of online tutoring in the coming years.
The online tutoring market is highly competitive due to the presence of significant number of international and local players. Global vendors have improved on the technology, quality, and pricing in order to expand their business in untapped regions. Major players in the online tutoring market are Fleet Education Services, Pearson ELT, Huntington Learning Center, Club Z! Tutoring, BenchPrep, ArborBridge, C2 Education, Knewton, Sylvan Learning, EF Education First, Kaplan, A Plus-All Subjects Tutoring, and Revolution Prep, among others.
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