Online Tutoring Services Market Growth & Trends
The global online tutoring services market size is expected to reach USD 15.99 billion by 2027, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 16.1% from 2020 to 2027. Online tutoring refers to the process of tutoring in an online, networked, or virtual environment where learners and tutors are present virtually. It has gained popularity with the ever-increasing use of internet services worldwide. Increased internet data transfer speed has enabled tutors and learners to engage online simultaneously. Furthermore, the rapid adoption of smartphones is one of the significant factors driving the adoption of online teaching services worldwide as it enables learning to take place regardless of the geographic location. For instance, Varsity Tutors, a U.S.-based education company, offers a mobile application for live tutoring and instructions. It provides an expert’s assistance from anywhere and lets learners manage their tutoring sessions.
Furthermore, schools, universities, and other learning institutes have been encouraged to follow distance education and work remotely with their students amid the COVID-19 pandemic. The adoption of distance learning owing to the outbreak of the pandemic has impacted the industry’s growth favorably. For instance, in March 2020, Varsity Tutors released a free product called Virtual School Day for students and parents. It offers over 20 hours of live online classes across various subjects for students up to the 12th grade. It also has special sessions for each age group. Thus, online tutoring service providers have positively leveraged the pandemic situation as educational institutes have been closed in many states and countries.
The market has benefitted from the onset of analytical applications to customize tutoring services. For instance, content designers leverage analytical tools to develop content tailored to the requirements of learners. Such content development is fulfilled based on individual students’ interests, performances, and subject understanding. For instance, Kaplan, Inc., an American for-profit educational services corporation, provides online customization tools for learners enrolled in test preparation courses. This trend of growing customization in tutoring services is anticipated to trigger the market growth owing to the formative assessment features of these services.
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Online Tutoring Services Market Report Highlights
- The increasing adoption of mobile phones and tablets by students and parents has led to the impulsive growth of mobile learning methods
- The increasing deployment of personalized tutoring and live sessions can be attributed to benefits such as better tutor-student engagement
- Online tutoring service providers have leveraged the outbreak of the COVID-19 pandemic as an opportunity to introduce an ideal learning method amid the crisis
- Remote access and convenient medium of learning are the key advantages of encouraging students to adopt online tutoring services. Furthermore, the inclusion of the feedback feature in mobile educational apps has enabled students to receive personalized support from the service providers
Online Tutoring Services Market Segmentation
Grand View Research has segmented the global online tutoring services market based on tutoring type, course type, duration, and region:
Online Tutoring Services Tutoring Type Outlook (Revenue, USD Million, 2016 – 2027)
- Structured Tutoring
- On-Demand Tutoring
Online Tutoring Services Course Type Outlook (Revenue, USD Million, 2016 – 2027)
- Language Courses
- Science, Technology, Engineering, and Mathematics (STEM) Courses
- Others
Online Tutoring Services Duration Outlook (Revenue, USD Million, 2016 – 2027)
- Short-Term Courses
- Long-Term Courses
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Key Topic Covered
Table of Contents
Chapter 1 Methodology and Scope
1.1 Information Procurement and Research Scope
1.2 Information Analysis
1.3 Market Formulation and Data Visualization
1.4 Market Scope and Assumptions
1.4.1 Secondary Sources
1.4.2 Primary Sources
Chapter 2 Executive Summary
2.1 Online Tutoring Services Market – Industry Snapshot & Key Buying Criteria, 2016 – 2027
2.2 Global
2.2.1 Global online tutoring services market, 2016 – 2027
2.2.2 Global online tutoring services market, by tutoring type, 2016 – 2027
2.2.3 Global online tutoring services market, by course type, 2016 – 2027
2.2.4 Global online tutoring services market, by duration, 2016 – 2027
2.2.5 Global online tutoring services market, by region, 2016 – 2027
Chapter 3 Market Variables, Trends, and Scope
3.1 Market Segmentation and Scope
3.2 Online Tutoring Services Market Size and Growth Prospects
3.3 Online Tutoring Services Market – Value Chain Analysis
3.4 Online Tutoring Services Market Dynamics
3.4.1 Market Drivers
3.4.1.1 Emerging trend of personalized tutoring
3.4.1.2 Increasing investments in smart learning methods
3.4.2 Market Restraint
3.4.2.1 Availability of open-source content
3.5 Penetration and Key Opportunities Mapping
3.6 Industry Analysis – Porter’s Five Forces Analysis
3.6.1 Bargaining power of the supplier
3.6.2 Bargaining power of the buyer
3.6.3 Substitution threat
3.6.4 Threat from new entrant
3.6.5 Competitive rivalry
3.7 Online Tutoring Services Market – PEST Analysis
3.7.1 Political
3.7.2 Economic
3.7.3 Social
3.7.4 Technological
Chapter 4 Online Tutoring Services Market: Tutoring Type Estimates & Trend Analysis
4.1 Online Tutoring Services Market: Tutoring Type Movement Analysis
4.1.1 Structured Tutoring
4.1.1.1. Structured online tutoring services market, by region, 2016 – 2027
4.1.1.1.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
4.1.2 On-Demand Tutoring
4.1.2.1. On-demand online tutoring services market, by region, 2016 – 2027
4.1.2.1.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
Chapter 5 Online Tutoring Services Market: Course Type Estimates & Trend Analysis
5.1 Online Tutoring Services Market: Course Type Movement Analysis
5.1.1 Language Courses
5.1.1.1. Language courses online tutoring services system market, by region, 2016 – 2027
5.1.1.1.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
5.1.2 Science, Technology, Engineering, and Mathematics (STEM) Courses
5.1.2.1. Science, Technology, Engineering, and Mathematics (STEM) courses online tutoring services system market, by region, 2016 – 2027
Continue…
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