Private Tutoring Market was valued at USD 100.49 billion in 2021. Global Private Tutoring Market size is estimated to grow at a CAGR of 8.4 % over the forecast period.
The growth of the entire education sector as well as related companies has been markedly boosted by growing awareness of literacy and the value of education. Subjects such as mathematics and science are valued more highly because they help a child develop a career. However, a typical student typically finds it difficult to master courses in school and needs further coaching to grasp the concepts and pass the exam. These factors have increased global demand for private tutoring or shadow education services that can provide individualized learning.
Private Tutoring Market Scope:
The report provides drivers which can be used as an advantage, restraints to overcome challenges and potential opportunities for the Private Tutoring market. The Private Tutoring market report also helps in understanding the interests and buying habits off the consumer, how much do your potential customers spend annually on the types of products or services you plan to offer and how big is the potential market for your business. The qualitative and quantitative data provided in the Private Tutoring market study help in understanding which market segments and regions are expected to grow at higher rates, the factors affecting the market, and key opportunity areas.
Private Tutoring Market Overview:
The report provides an in-depth analysis of the current Private Tutoring market and forecasts performance over the forecast period. The report profiles the key criteria of the Private Tutoring market to support stakeholders in making optimized business decisions. The report provides an overview of the Private Tutoring market with standard topics highlighted with data customized as needed. The report provides insight into the Private Tutoring market, which helps to understand the future demand for products and the potential for competitiveness. Market Overview provides detailed information on market size, regional share, and benchmarking of the market players. The report helps in providing complete knowledge of Private Tutoring market to redefine the business strategies and utilize them to their full potential.
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Key Players:
Chegg, Inc. (Santa Clara, U.S.)
Mathnasium LLC (Los Angeles, U.S.)
Ambow Education Holding Ltd. (Beijing, China)
TAL Education Group (Beijing, China)
Mathnasium LLC (Los Angeles, U.S.)
Educomp Solutions Ltd. (Gurgaon, India)
Sylvan Learning, LLC (Baltimore, U.S.)
Daekyo Co., Ltd. (Seoul, South Korea)
Kumon Institute of Education Co., Ltd. (Tokyo, Japan)
Kaplan Inc. (New York, U.S.)
The report provides a detailed analysis of company size, market share, market growth, revenue, production volume, and profits of the key players in the Private Tutoring market. The Report provides insights on what growth strategies are being adopted by key players such as forming strategic alliances, new product innovation, etc. The report helps in understanding the pricing of the competitors in the Private Tutoring market to analyse and create pricing strategies accordingly.
Private Tutoring Market Share Analysis:
The rise of the FMCG sector is being driven by changes in brand awareness and customer behavior toward health-conscious food consumption. As their product portfolio expands, players are employing business techniques to expand globally, resulting in increased demand for Private Tutoring . The increased use of carton machines to transport FMCG is fueling the growth of this Private Tutoring market as SMEs expand into larger industries.
Private Tutoring Market Drivers:
Elite schools or universities accept students with higher grades and strict admission requirements, such as passing difficult entrance exams or English language exams. As a result, students' competition for admission to international schools or colleges has increased. More than half of all surveyed students in China (57%) received private instruction outside of school, as did more than half of all surveyed students in India (55%), and one in ten students in the United States.
Private Tutoring Market Segmentation:
Because of its convenience, the online channel would grow the fastest. To segment the market, both online and offline modes are used. Although group or classroom tutoring has grown in popularity over the years, the offline approach is likely to account for a significant portion of home tutoring. A tutor can observe a student's development or areas of weakness firsthand and provide more attention or better answers as needed. Because technology allows teachers and students to deliver and receive instruction from anywhere in the world, the preference for online learning has shifted.
Regional Analysis:
The report includes factors impacting the Private Tutoring market positively and negatively in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. Various regions, and countries have legal barriers, geographic advantages, distinct buying behaviour etc.
Key Questions answered in the Private Tutoring Market Report are:
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Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.
Private Tutoring Market , Private Tutoring Market Size , Private Tutoring Market Share , Private Tutoring Market Growth , Private Tutoring Market trends
Mar 07, 2023
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