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Classified in: Science and technology, Covid-19 virus
Subject: MRR

Online tutoring market to grow by 15.03% Y-O-Y from 2022 to 2023: Growing Importance of STEM Education will Drive Growth - Technavio


NEW YORK, Dec. 6, 2022 /PRNewswire/ -- 

Online tutoring market insights -

To understand more about the online tutoring market, request a sample report

In 2017, the online tutoring market was valued at USD 88.07 billion. From a regional perspective, APAC held the largest market share, valued at USD 36.65 billion. The online tutoring market size is estimated to grow by USD 196.35 billion from 2022 to 2027 at a CAGR of 15.38% according to Technavio.

Online tutoring market - Customer Landscape

To help companies evaluate and develop growth strategies, the report outlines ?

Online tutoring market - Vendor Insights

The global online tutoring market is fragmented. The market is witnessing the entry of many enterprises and startups, which is expected to further increase the fragmentation during the forecast period. Both international and regional players prevail in the market, including the ones with diverse service portfolios and single-solution providers. All these vendors play a critical role in the development of global digital education systems. International players are focusing on growing inorganically by acquiring regional or local players. This market's competitive environment will intensify further during the forecast period, with an increase in product or service extensions, technological innovations, and M&As. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -

Online tutoring market - Market Dynamics

Major Drivers:

Key Challenges:

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The online tutoring market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why buy?

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What are the key data covered in this online tutoring market report?
Related Reports:

Online Tutoring Market Scope

Report Coverage

Details

Page number

166

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 15.38%

Market growth 2023-2027

USD 196.35 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

15.03

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 47%

Key countries

US, China, Japan, India, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Ambow Education Holding Ltd., ArborBridge LLC, China Distance Education Holdings Ltd., Club Z Inc., D2L Corp., Fleet Education Services Ltd., Growing Stars Inc., iTutorGroup Ltd., John Wiley and Sons Inc., My Tutorweb Ltd., New Oriental Education and Technology Group Inc., Nuevo Agora Centro De Estudios SL, Pearson Plc, Preply Inc, Stride Inc., Sylvan Learning LLC, TAL Education Group, Think and Learn Pvt. Ltd., Varsity Tutors LLC, and Vedantu Innovations Pvt. Ltd.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Courses

7 Market Segmentation by Platform

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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