Online Tutoring Services Market

Online Tutoring Services Market by Tutoring Types (Structured Tutoring and On-Demand Tutoring), Course Types (Language Courses, Science, Technology, Engineering, and Mathematics (STEM) Courses, and Others), Durations (Short-Term Courses and Long-Term Courses), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-2251
  • Author: Growth Market Reports
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  • No. Of Pages: 174
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The global online tutoring services market size was estimated at USD 5.61 billion in 2020 and is anticipated to expand at a CAGR of 15.6% during the forecast period, 2021–2028. The growth of the market is attributed to the increasing acceptance of smartphones as it allows the learning to occur from varied locations around the world.

Online Tutoring Services Market key takeaways

Online learning allows both tutors and learners to increase their efficiency and productivity. The online tutoring involves the student and teacher connected on the online platform without begin present physically. This enables the student to learn from large variety of teachers all over the world. The government assistance for digital teaching in emerging countries is stimulating the schools and universities to offer online learning sessions. For example, Ontario’s Ministry of Education, in Canada, has launched an educational plan in July 2019 that assigned four online courses for school students from high school to graduation. The initiatives proposed by governments are anticipated to propel the market growth.

The COVID-19 pandemic has impacted the online tutoring market in the positive manner. The pandemic forced everyone to stay in home and schools collages were shutdown resulted in surge for online learning. Furthermore, governments globally are mentioning learning solutions and online teaching and providing free platforms for online tutorials. For example, New Zealand’s government, in April 2020, rented nearly 17,000 digital portable devices for supply in students who did not has one. These factors demonstrate the boost in the market due the COVID-19 pandemic.

Market Trends, Drivers, Restraints, and Opportunities

  • The fast growth in acceptance of online learning techniques is because of the benefits such as convenience, improved focus, and cost-effectiveness. This shows the factor driving that market.
  • The market is anticipated to establish significant growth in the near future owing to the huge acceptance of the services by corporate professionals and school students.
  • The constant technological advancements and improvement in the portable communication devices’ connectivity are the propelling factors for online learning techniques.
  • The increase in adoption of digitalization and introduction of 5G along with advanced technology are the key factor boosting the market in the near future.
  • The collaborations and partnerships in mobile app developers as well as content providers have led to the introduction of smart learning solutions. This is a major factor for the market to grow in the projected time period.
  • The increasing acceptance of online tutoring technology in the world demonstrates huge opportunities for the market in the coming years.

Scope of the Report

The report on the global online tutoring services market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Online Tutoring Services Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Tutoring Types (Structured Tutoring and On-Demand Tutoring), Course Types (Language Courses, Science, Technology, Engineering, and Mathematics (STEM) Courses, and Others), Durations (Short-Term Courses and Long-Term Courses)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Ambow Education; ArborBridge; Beijing Magic Ears Technology Co., Ltd; BYJU'S; Chegg Inc.; Club Z! Inc.; iTutorGroup; Qkids Teacher; Varsity Tutors; Vedantu.com

 

Market Segment Insights

On-demand segment is projected to grow at a rapid pace

Based on tutoring types, the global online tutoring services market is divided into structured tutoring and on-demand tutoring. The on-demand segment is projected to grow at a rapid pace. The segment showed revenue share of 75% in year 2020. The growth is attributed to the COVID-19 pandemic as the nationwide school closure. On-demand tutoring provides a modified platform that assists students’ progress on the basis of their pace and capabilities. Moreover, on-demand tutoring along with analytics applications assists the content and providers’ tutors gain real-time information on the students’ progress. As a result, the rising adoption of personalized and customized learning is stimulating the on-demand tutoring market’s progress in the coming time.

Structured online tutoring segment is estimated to grow at a substantial rate in the near future. As the segment contains real-time interaction between the tutor and the students. The segment is estimated to expand at a CAGR of 13.8% during the projected time period. The growth of the segment is accounted for the increasing importance of live teaching sessions through videoconferencing.

Science, technology, engineering, and mathematics courses segment is anticipated to grow at a considerable CAGR

On the basis of course types, the global market is segregated into language courses, science, technology, engineering, and mathematics (stem) courses, and others. The Science, technology, engineering, and mathematics courses segment is anticipated to grow at a considerable CAGR. The segment registered revenue share of greater than 62% in 2020. This is attributed to the partnerships formed by some school districts with digital learning platforms to provide local educational broadcasts emphasised on various STEM courses grade levels. The distinction of online learning techniques in the high school students is a key driver for the market. Several EdTech organizations are working on offering STEM courses to high school and middle schools students.

The others segment contains tutorials and courses on finance, business, skill trades, lifestyle, marketing, and music. It is estimated to gain a significant growth rate in the coming future. The growth of the segment is attributed to the increasing prominence of short-term diploma courses in business and coding related subjects as corporate professionals.

Online Tutoring Services Market by Course Types

Long-term courses segment is projected to expand at a significant rate

On the basis of durations, the global market is bifurcated into short-term courses and long-term courses. The long-term courses segment is estimated to grow at a significant rate. The segment recorded the revenue share of more than 72% in year 2020. The growth is attributed to the outbreak of COVID-19 has boosted opportunities for long-term courses in the market. Various academic organizations and students have understood the benefits of online learning as the lockdown forced the shutdown of schools and colleges. The long-term courses allows the students to advance in-depth knowledge concerning to the reskilling course to provide higher efficiency. Furthermore, it have been accepted for constant improvement in learning methods for underprivileged students.

The short-term courses segment is expected to expand at a CAGR of 17.0% in the near future. The growth of the segment is accounted for the rising popularity of short-term diploma courses through an on-demand tutoring pattern.

North America is anticipated to constitute a key market share

In terms of regions, the global online tutoring services market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
North America is anticipated to constitute a key market share. The market of the region demonstrated revenue share of 37.0% in 2020. The growth of the region is accounted for the presence of a huge customer base along with firm ICT solution providers. The region has the presence of a large pool of organizations, such as Chegg Inc.; Club Z! Inc.; ArborBridge; and Kaplan, Inc. The development of innovative technologies in the region, such as massive open online courses (MOOCs), microlearning, and personalized literacy programs.

Asia Pacific region is estimated to gain substantial growth in the online tutoring industry this is attributed to the emerging economies such as China and India. The government initiatives, such as government funded policies for education in rural areas are the key factor for the development of market in the region. For example, the Ministry of Human Resource Development in India, has prepared an online library known as the National Digital Library of India to offer educational content for several academic levels on the basis of the subject domain. Moreover, rising funding in online education firms are driving factor for the market.

Online Tutoring Services Market by Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Online Tutoring Services Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Online Tutoring Services Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Online Tutoring Services Market - Supply Chain
  4.5. Global Online Tutoring Services Market Forecast
     4.5.1. Online Tutoring Services Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Online Tutoring Services Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Online Tutoring Services Market Absolute $ Opportunity
5. Global Online Tutoring Services Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Online Tutoring Services Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Online Tutoring Services Demand Share Forecast, 2019-2026
6. North America Online Tutoring Services Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Online Tutoring Services Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Online Tutoring Services Demand Share Forecast, 2019-2026
7. Latin America Online Tutoring Services Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Online Tutoring Services Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Online Tutoring Services Demand Share Forecast, 2019-2026
8. Europe Online Tutoring Services Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Online Tutoring Services Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Online Tutoring Services Demand Share Forecast, 2019-2026
9. Asia Pacific Online Tutoring Services Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Online Tutoring Services Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Online Tutoring Services Demand Share Forecast, 2019-2026
10. Middle East & Africa Online Tutoring Services Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Online Tutoring Services Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Online Tutoring Services Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Online Tutoring Services Market: Market Share Analysis
  11.2. Online Tutoring Services Distributors and Customers
  11.3. Online Tutoring Services Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Ambow Education
     11.4.2. ArborBridge
     11.4.3. Beijing Magic Ears Technology Co., Ltd
     11.4.4. BYJU'S
     11.4.5. Chegg Inc.
     11.4.6. Club Z! Inc.
     11.4.7. iTutorGroup
     11.4.8. Qkids Teacher

Segments Covered in the Report
The global online tutoring services market has been segmented on the basis of

Tutoring Types

  • Structured Tutoring
  • On-Demand Tutoring

Course Types

  • Language Courses
  • Science, Technology, Engineering, and Mathematics (STEM) Courses
  • Others

Durations

  • Short-Term Courses
  • Long-Term Courses

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Ambow Education
  • ArborBridge
  • Beijing Magic Ears Technology Co., Ltd
  • BYJU'S
  • Chegg Inc.
  • Club Z! Inc.
  • iTutorGroup
  • Qkids Teacher
  • Varsity Tutors
  • Vedantu.com

The key players in the global online tutoring services market are Ambow Education; Qkids Teacher; ArborBridge; iTutorGroup; Beijing Magic Ears Technology Co., Ltd; Varsity Tutors; BYJU'S; Club Z! Inc.; Chegg Inc.; and Vedantu.com. These key players have adopted a series of market strategies including new product launching, entering into partnership, collaboration, and production expansion to enhance their market position and expand their consumer base.

Online Tutoring Services Market by key players

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