LAMEA Online Tutoring Services Market

LAMEA Online Tutoring Services Market Size, Share & Industry Trends Analysis Report By Tutoring Type, By Duration (Long-term Courses and Short-term Courses), By Course Type, By Tutoring Style, By End-user, By Country and Growth Forecast, 2023 - 2029

Report Id: KBV-15154 Publication Date: April-2023 Number of Pages: 95
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Market Report Description

The Latin America, Middle East and Africa Online Tutoring Services Market would witness market growth of 20.7% CAGR during the forecast period (2023-2029).

The online tutoring services market has experienced a rapid evolution, with a variety of web-based educational support technologies emerging. The increasing number of tech-savvy students adept at using various mobile devices and dependable IT technologies to fulfil their educational requirements is driving the growth of the online tutoring industry. During the initial phases, online tutoring gained traction due to its ability to alleviate the pressure on traditional education systems. The market has experienced significant growth due to the emergence of web-based classrooms that facilitate compatibility between students and teachers.

In recent years, the advocates of online tutoring have prioritized enhancing the customization of teaching and advancing the "democratization" of education. The online tutoring industry presents a compelling proposition for commercial interest due to its ability to cater to students of varying cognitive levels. Online tutoring's high value of collaboration and customization makes it a suitable option for life-long learners.

The online tutoring industry is experiencing an increase in demand due to the growing number of non-traditional learners prioritizing convenience and customization in their learning experience. The non-traditional learners' category encompasses children with attention deficit hyperactivity disorder (ADHD) and autism. The seamless integration of software and hardware installation is a significant trend contributing to the advantages of web-classroom spaces.

The regional market has grown due to local institutions implementing cutting-edge technologies like microlearning and customized literacy programs. Growing investments have a significant impact on the growth of online education enterprises in the Middle East and Africa. Students' knowledge will continue to grow with contemporary resources like online tutoring. According to projections, the UAE's economy will grow due to technological advancements. Because of this, most local businesses favour hiring workers with STEM expertise. This is increasing the demand for a K–12 STEM education system. Over the forecast period, the regional market's expansion will be accelerated by integrating numerous cutting-edge technologies and educational processes.

Free Valuable Insights: The Worldwide Online Tutoring Services Market is Projected to reach USD 19.3 Billion by 2029, at a CAGR of 14.7%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Chegg, Inc., BYJU'S, Ambow Education Holding Ltd., ArborBridge, Inc., Beijing Magic Ears Technology Co., Ltd., Club Z, Inc., Teach Away, Inc., Nerdy, Inc. (Varsity Tutors), Vedantu Innovations Pvt. Ltd. and TutorEye, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Tutoring Type

  • On-demand Tutoring
  • Structured Tutoring

By Duration

  • Long-term Courses
  • Short-term Courses

By Course Type

  • STEM Courses
  • Language Courses
  • Others

By Tutoring Style

  • Subject Tutoring Service
  • Test Preparation Service

By End User

  • K-12
  • Higher Education
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Chegg, Inc.
  • BYJU'S
  • Ambow Education Holding Ltd.
  • ArborBridge, Inc.
  • Beijing Magic Ears Technology Co., Ltd.
  • Club Z, Inc.
  • Teach Away, Inc.
  • Nerdy, Inc. (Varsity Tutors)
  • Vedantu Innovations Pvt. Ltd.
  • TutorEye, Inc.
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