NEW
YORK, July 9, 2024 /PRNewswire/ -- There is a
significant demand for online tutors, evidenced by the projected
USD 49.77 billion growth in the
global online tutoring services market from 2024 to 2028, with a
CAGR of 21.48%. The flexibility of online tutoring is a major
growth driver, accommodating personalized learning trends. However,
challenges such as the lack of personal connection between teachers
and students remain. Key players in this expanding market include
ArborBridge Inc., Chegg Inc., Pearson Plc, and others, indicating
robust competition and innovation in educational technology
solutions.
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segments, customer landscape, and companies- View the
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Online Tutoring
Services Market Scope In US
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
21.48%
|
Market growth
2024-2028
|
USD 49.77
billion
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
17.41
|
Regional
analysis
|
US
|
Performing market
contribution
|
North America at
100%
|
Key
countries
|
US and North
America
|
Key companies
profiled
|
ArborBridge Inc.,
BenchPrep, Chegg Inc., Club Z Inc., Graham Holdings Co., IXL
Learning Inc., John Wiley and Sons Inc., Learn To Be, Manhattan
Review Inc., Mathnasium LLC, Nerdy Inc., Pearson Plc, Pluribus
Technologies Corp., Preply Inc., Revolution Prep LLC, Studypool
Inc., Sylvan Learning LLC, Think and Learn Pvt. Ltd., TPR Education
LLC, and TutaPoint LLC
|
Market Driver
Online tutoring services in the US market focus on personalized
learning experiences for students. Vendors like ArborBridge and
Chegg Tutors use adaptive learning algorithms and one-on-one
sessions, respectively, to customize lesson plans and teaching
approaches based on students' proficiency levels and learning
styles. This enhances student engagement, motivation, and learning
outcomes. The integration of AI and machine learning algorithms
further personalizes learning experiences, catering to diverse
student needs in the digital age. The emphasis on personalized
learning will fuel market growth during the forecast
period.
The Online Tutoring Services market in the US is experiencing
significant growth, with companies like FEV Tutor and Littera
Education Inc leading the way. GoBoard, Tutor Matching Service,
Gradeup, Pedagogy, Udemy, Alison, Amazon, and others are also
making waves in this sector. The market is driven by the increasing
popularity of Online Education Services among students and sole
proprietor tutors. New technologies, such as videoconferencing and
personalized learning features, are making on-demand tutoring more
accessible than ever. Broadband connectivity and educational
infrastructure are essential for the delivery of these services.
Content creators are developing innovative teaching techniques
using open-source material and MOOCs. Self-paced learning mode,
online certificate programs, and micro-credentials cater to the
financial, geographic, and time needs of learners. Venture
capitalists and private investors are pouring funds into this
EdTech industry, fueling the growth of this market. Sales are
booming, with tutors using cell phones to provide services.
Analytics software helps track learning rate and personalized
courseware ensures effective teaching. New technologies continue to
emerge, making online tutoring an exciting space to
watch.
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Market Challenges
• Online
tutoring services in the US are delivered via the Internet,
eliminating face-to-face interaction between tutors and students.
This arrangement presents challenges, as tutors cannot assess
student engagement or comprehension levels. Additionally, disrupted
internet connectivity may result in interrupted and incomplete
sessions, negatively impacting the learning experience. The
expansion of Internet infrastructure is crucial to establish a
conducive online learning environment. However, the disparity
between tutoring service providers and students' hardware and
software resources may deter students from investing in online
tutoring, leading them to opt for traditional tutoring centers
instead. This situation may hinder the growth of the online
tutoring services market in the US during the forecast period.
• The Online
Tutoring Services market in the US is experiencing significant
growth due to the increasing popularity of remote learning.
However, sales face challenges in reaching sole proprietors and
smaller educational institutions. To address this, personalized
platforms offering on-demand tutoring are gaining traction.
Analytics software helps track learner progress, while content
creators develop educational content. Broadband connectivity is
essential for effective videoconferencing. Innovative teaching
techniques and personalized learning features are key
differentiators. The EdTech industry is investing in new
technologies like AI and VR to enhance learning experiences.
Financial needs, geographic needs, and time needs drive demand for
self-paced learning modes, MOOCs, online certificate programs, and
micro-credentials. Venture capitalists and private investors are
backing innovative startups to meet the learning needs of college
graduates, postgraduates, and learners from all walks of life. The
Learning+ initiative focuses on improving learning outcomes, making
online tutoring a valuable investment for learners and educational
infrastructure alike.
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challenges - Request a sample report!
Segment Overview
This online tutoring services market in US report extensively
covers market segmentation by
- Product
- 1.1 Test preparation service
- 1.2 Subject tutoring service
- End-user
- 2.1 Higher education institutes
- 2.2 K-12 schools
- Type
- 3.1 Long-term courses
- 3.2 Short-term courses
- Geography
1.1 Test preparation service- The online tutoring
services market in the US is experiencing significant growth.
According to recent studies, the number of students using online
tutoring services has increased by 25% in the last year. This
growth can be attributed to the convenience and flexibility offered
by online tutoring. Students can access tutoring services from
anywhere, at any time, making it an attractive option for those
with busy schedules. Additionally, the use of technology allows for
personalized learning experiences and instant feedback. Online
tutoring companies are investing in advanced tools and resources to
enhance the learning experience further. Overall, the online
tutoring market in the US is poised for continued growth.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2017-2021) - Download a Sample Report
Research Analysis
The online tutoring market in the US has experienced significant
growth in recent years, driven by the increasing popularity of
online education services and the widespread use of internet
services, cell phones, and videoconferencing. Students from all age
groups and academic levels are turning to online tutoring for
personalized, on-demand instruction. Sole proprietors and small
businesses make up a large portion of the market, offering tutoring
services through personalized platforms and analytics software.
Content creators and educational institutions also contribute to
the market by providing a wealth of educational resources. Sales in
the online tutoring market are expected to continue rising, with
the market size projected to reach billions in the next few years.
The learning rate and effectiveness of online tutoring have been
shown to be comparable to traditional in-person tutoring, making it
a viable alternative for many students.
Market Research Overview
The Online Tutoring Services Market in the US has seen
significant growth in recent years, driven by the increasing
popularity of online education services and the widespread
availability of internet services, cell phones, and other devices.
Students from all walks of life, including college graduates and
postgraduates, are turning to online tutoring services for
personalized learning experiences that cater to their unique needs.
Online tutoring platforms offer on-demand tutoring sessions,
personalized learning features, and innovative teaching techniques,
making education more accessible and effective. These services use
analytics software to track learners' progress and adapt to their
learning rate, ensuring optimal educational outcomes. The EdTech
industry has seen a surge in investment from venture capitalists
and private investors, leading to the development of new
technologies and the creation of open-source material. MOOCs
(Massive Open Online Courses) and self-paced learning modes have
become increasingly popular, offering learners the flexibility to
study at their own pace and on their own schedule. Online tutoring
services offer a range of educational content, from elementary
school subjects to advanced college courses and certificate
programs. They also provide micro-credentials, allowing learners to
gain recognition for their skills and knowledge in specific areas.
The market for online tutoring services is expected to continue
growing, driven by learners' financial needs, geographic needs, and
time needs. With broadband connectivity becoming more widespread,
online education services are becoming an essential part of the
educational infrastructure for learners of all ages.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Test Preparation Service
- Subject Tutoring Service
- End-user
-
- Higher Education Institutes
- K-12 Schools
- Type
-
- Long-term Courses
- Short-term Courses
- Geography
-
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
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Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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