Published Date: 26-May-2023
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According to a new report, published by KBV research, The Global Online Tutoring Services Market size is expected to reach $19.3 billion by 2029, rising at a market growth of 14.7% CAGR during the forecast period.
The Structured Tutoring market would experience a CAGR of 18.6% during (2023 - 2029). Real-time communication between the tutor and the students occurs throughout structured online tutoring sessions. The rise in popularity of live classroom videoconferencing sessions can be credited with the segment's expansion. Clear learning objectives are provided in structured tutoring, which aids both the instructor and student in staying organized and focused.
The Long-term Courses market is leading the segment in the Global Online Tutoring Services Market by Duration in 2022; thereby, achieving a market value of $13.7 billion by 2029. The segment for long-term courses in online tutoring services has seen tremendous growth due to the coronavirus outbreak. Since the start of the lockdown, many academic institutions and students have come to understand the benefits of online education. Long-term courses have a major value, which explains their high market proportion.
The Language Courses market would register a CAGR of 15.3% during (2023 - 2029). Students can work with a language's native speakers through online tutoring for language classes. As a result, they will get the chance to develop their speaking and listening abilities and study the language as it is used.
The Subject Tutoring Service market generated the high revenue in the Global Online Tutoring Services Market by Tutoring Style in 2022; thereby, achieving a market value of $15.4 billion by 2029. In a customized, private atmosphere where students may learn at their own pace, subject tutoring is a unique method to supplement the classroom. Online and in-person study techniques, homework help, and test-taking tips are just a few of the many services that private prep instructors provide.
The Higher Education market would witness a CAGR of 14.9% during (2023 - 2029). Online tutoring is becoming increasingly popular among those preparing for higher education at the graduate or postgraduate level. The importance of preparing for admission exams is growing among students. These services' accessibility is one of the primary factors luring students to them.
The North America market dominated the Global Online Tutoring Services Market by Region in 2022; thereby, achieving a market value of $6.4 billion by 2029. The Europe market is poised to grow at a CAGR of 14% during (2023 - 2029). Additionally, The Asia Pacific market would witness a CAGR of 15.6% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/online-tutoring-services-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Tutoring Type
By Course Type
By Tutoring Style
By End User
Unique Offerings from KBV Research
North America Online Tutoring Services Market size & Opportunities 2023-2029
Europe Online Tutoring Services Market & Growth Forecast 2023-2029
Asia Pacific Online Tutoring Services Market Share & Industry Outlook to 2029
LAMEA Online Tutoring Services Market Growth, Trends & Forecasts 2023-2029