Technavio has been monitoring the online tutoring market and it is poised to grow by USD 132.21 billion during 2020-2024, progressing at a CAGR of over 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Online Tutoring Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ambow Education Holding Ltd., ArborBridge Inc., Chegg Inc., China Distance Education Holdings Ltd., Club Z! Inc., iTutorGroup, New Oriental Education & Technology Group, Pearson Plc, TAL Education Group, and Vedantu Innovations Pvt. Ltd. are some of the major market participants. The growing importance of STEM education will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Growing importance of stem education has been instrumental in driving the growth of the market.
Online Tutoring Market 2020-2024: Segmentation
Online Tutoring Market is segmented as below:
- North America
- South America
- Language Courses
- Other Courses
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Online Tutoring Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our online tutoring market report covers the following areas:
- Online Tutoring Market Size
- Online Tutoring Market Trends
- Online Tutoring Market Industry Analysis
This study identifies the availability of apps and wearables for online tutoring as one of the prime reasons driving the online tutoring market growth during the next few years.
Online Tutoring Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the online tutoring market, including some of the vendors such as Ambow Education Holding Ltd., ArborBridge Inc., Chegg Inc., China Distance Education Holdings Ltd., Club Z! Inc., iTutorGroup, New Oriental Education & Technology Group, Pearson Plc, TAL Education Group, and Vedantu Innovations Pvt. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the online tutoring market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Online Tutoring Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist online tutoring market growth during the next five years
- Estimation of the online tutoring market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the online tutoring market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of online tutoring market vendors
Table Of Contents:
Five Forces Analysis
Market Segmentation by Courses
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