Online Tutoring Services Market to Reach US$ 30.8 Bn by 2030

The Online Tutoring Services market is projected to reach US$ 30.8 Bn by 2030. And registering a CAGR of around 18.5% over the forecast period 2021 – 2030.

Download Exclusive Sample of Report@ https://www.visionresearchreports.com/report/sample/38566

Growth Factors

 The rapid adoption of smartphones is one of the significant factors driving the adoption of online tutoring services worldwide as it enables learning to take place irrespective of the geographical location. For instance, Varsity Tutors, a U.S.-based online tutoring company, offers a mobile application for live tutoring and instructions. It provides experts’ assistance from anywhere and lets learners manage their tutoring sessions.

It has gained popularity with the ever-increasing use of internet services worldwide. Increased internet data transfer speed has enabled tutors and learners to engage online simultaneously. Furthermore, the rapid adoption of smartphones is one of the significant factors driving the adoption of online teaching services worldwide as it enables learning to take place regardless of the geographic location.

Report Coverage

Report Scope Details
Market Size USD 30.8 billion by 2030
Growth Rate CAGR of 18.5% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Tutoring type, Course type, Duration
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Ambow Education; ArborBridge; Beijing Magic Ears Technology Co., Ltd; BYJU’S; Chegg Inc.; Club Z! Inc.; iTutorGroup; Qkids Teacher; Varsity Tutors; Vedantu.com

Report Highlights

The on-demand segment led the online tutoring services market in 2021, accounting for over 85% share of the global revenue. The coronavirus pandemic has also surged the growth of on-demand online tutoring due to the nationwide school closure. Structured online tutoring involves real-time interaction between the students and the tutor. The segment is anticipated to register a CAGR of 23.8% over the forecast period.

The Science, Technology, Engineering, and Mathematics (STEM) courses segment dominated the market and accounted for more than 62% share of the global revenue in 2021. Some school districts have formed partnerships with digital learning platforms to offer local educational broadcasts focused on different STEM courses grade levels.

The long-term courses segment dominated the market and accounted for more than 82% share of the global revenue in 2021.The coronavirus outbreak has also brought vast opportunities for long-term courses in the market. Several academic organizations and students have realized the advantages of online learning since the lockdown began.

The short-term courses segment is anticipated to register a healthy CAGR of 20.0% over the forecast period. The segment growth can be attributed to the increasing popularity of short-term diploma courses with an on-demand tutoring pattern.

North America dominated the market and accounted for over 47.0% share of the global revenue in 2021. In the U.S., there is a considerable gap between students from privileged and disadvantaged backgrounds.

The Asia Pacific region is anticipated to witness significant growth in the online tutoring industry owing to the presence of developing economies such as India. Government-led strategic developments, such as government-funded projects for education in rural areas, are expected to promote the adoption of online tutoring services.

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

Market Segmentation

  • Tutoring Type
    • Structured Tutoring
    • On-Demand Tutoring
  • Course Type
    • Language Courses
    • Science, Technology, Engineering, and Mathematics (STEM) Courses
    • Others
  • Duration
    • Short-Term Courses
    • Long-Term Courses
  • Regional
    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • Japan
      • India
    • South America
      • Brazil
    • Middle East & Africa (MEA)

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38566

Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Online Tutoring Services Market, By Tutoring Type

7.1.  Online Tutoring Services Market, by Tutoring Type, 2021-2030

7.1.1.    Structured Tutoring

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    On-Demand Tutoring

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Online Tutoring Services Market, By Course Type

8.1.  Online Tutoring Services Market, by Course Type, 2021-2030

8.1.1.    Language Courses

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Science, Technology, Engineering, and Mathematics (STEM) Courses

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Others

8.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Online Tutoring Services Market, By Duration

9.1.  Online Tutoring Services Market, by Duration, 2021-2030

9.1.1.    Short-Term Courses

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Long-Term Courses

9.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Online Tutoring Services Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.1.2.  Market Revenue and Forecast, by Course Type (2017-2030)

10.1.3.  Market Revenue and Forecast, by Duration (2017-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.1.4.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.1.4.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.1.5.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.1.5.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.2.2.  Market Revenue and Forecast, by Course Type (2017-2030)

10.2.3.  Market Revenue and Forecast, by Duration (2017-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.2.4.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.2.4.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.2.5.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.2.5.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.2.6.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.2.6.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.2.7.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.2.7.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.3.2.  Market Revenue and Forecast, by Course Type (2017-2030)

10.3.3.  Market Revenue and Forecast, by Duration (2017-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.3.4.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.3.4.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.3.5.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.3.5.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.3.6.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.3.6.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.3.7.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.3.7.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.4.2.  Market Revenue and Forecast, by Course Type (2017-2030)

10.4.3.  Market Revenue and Forecast, by Duration (2017-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.4.4.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.4.4.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.4.5.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.4.5.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.4.6.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.4.6.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.4.7.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.4.7.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.5.2.  Market Revenue and Forecast, by Course Type (2017-2030)

10.5.3.  Market Revenue and Forecast, by Duration (2017-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.5.4.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.5.4.3.      Market Revenue and Forecast, by Duration (2017-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Tutoring Type (2017-2030)

10.5.5.2.      Market Revenue and Forecast, by Course Type (2017-2030)

10.5.5.3.      Market Revenue and Forecast, by Duration (2017-2030)

Chapter 11.  Company Profiles

11.1.              Ambow Education

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              ArborBridge

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Beijing Magic Ears Technology Co., Ltd

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              BYJU’S

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Chegg Inc.

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              Club Z! Inc.

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              iTutorGroup

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              Qkids Teacher

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              Varsity Tutors

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Vedantu.com

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

13.2.              Glossary of Terms

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38566

Contact Us:

Vision Research Reports

Call: +1 9197 992 333

Email: sales@visionresearchreports.com