IMARC Group, a leading market research company, has recently releases report titled “Private Tutoring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global private tutoring market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the private tutoring market?
The global private tutoring market size reached US$ 106.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 177.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.87% during 2023-2028.
What is private tutoring?
Private tutoring is educational assistance or academic support provided by expert teachers or private tutors to adults or elementary and secondary school students. It assists individuals in enhancing their learning across different subjects and preparing for educational qualifications and tests. Nowadays, several private tutoring agencies provide students with tailored tuition and offer specialist skills, methods, or approaches to support individual learning needs.
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What are the growth prospects and trends in the private tutoring industry?
As grades are deemed essential and can affect the future choices and outcomes of a child, parents are hiring private tutors for their children to improve their performance and grades at school. In addition, the rising awareness of the benefits of private tutoring services, such as personalized approach and pace, improved confidence and self-esteem, and increased intrinsic performance, is contributing to the market growth. Apart from this, the growing working population worldwide is catalyzing the demand for private tutoring services to help individuals acquire professional skills and get better opportunities at jobs.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Learning Method:
- Online
- Blended
- Others
Breakup by Course Type:
- Curriculum-Based Learning
- Test Preparation
- Others
Breakup by Application:
- Academic Training
- Sports Training
- Art Training
- Others
Breakup by End User:
- Pre-School Children
- Primary School Students
- Middle School Students
- High School Students
- College Students
- Others
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Ambow Education
- American Tutor Inc.
- Chegg Inc.
- Club Z! Inc.
- Daekyo Co. Ltd.
- com
- EF Education First Co. Ltd.
- Huntington Learning Centers Inc.
- iTutorGroup Inc. (Ping An)
- Kaplan Inc. (Graham Holdings Company)
- New Oriental Education & Technology Group Inc.
- Tal Education Group
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