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Private Tutoring Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5928976

Private Tutoring Trends and Forecast

The future of the global private tutoring market looks promising with opportunities in the preschool and primary student, middle school students, high school students, and college students markets. The global private tutoring market is expected to grow with a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are significant expansion in online education, increasing parental awareness of student competition, and increasing inclination towards career-focused education.

Private Tutoring by Segment

The study includes a forecast for the global private tutoring by type, delivery mode, end use industry, and region.

Private Tutoring Market by Type [Shipment Analysis by Value from 2018 to 2030]

  • Academic
  • Non-Academic

Private Tutoring Market by Delivery Mode [Shipment Analysis by Value from 2018 to 2030]

  • Online
  • Offline

Private Tutoring Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]

  • Preschool & Primary Students
  • Middle School Students
  • High School Students
  • College Students
  • Others

Private Tutoring Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Private Tutoring Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies private tutoring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the private tutoring companies profiled in this report include-
  • Educomp Solutions
  • Sylvan Learning
  • Daekyo
  • Kumon Institute Of Education
  • Kaplan
  • Action Tutoring
  • Chegg
  • Ambow Education Holding
  • Tal Education
  • Mathnasium

Private Tutoring Market Insights

The publisher forecasts that academic is expected to witness highest growth over the forecast period due to private tutors in academics provide students with a distinctive outlook on their educational path.

Within this market, high school students will remain the largest segment due to growing importance of high school education, along with an increased recognition of the benefits linked to earning outstanding grades.

North America is expected to witness highest growth over the forecast period due to significant educational gap, a large consumer base, and reputable ict solution providers.

Features of the Global Private Tutoring Market

  • Market Size Estimates: Private tutoring market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Private tutoring market size by type, delivery mode, end use industry, and region in terms of value ($B).
  • Regional Analysis: Private tutoring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different type, delivery mode, end use industry, and regions for the private tutoring market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the private tutoring market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for private tutoring market?
Answer: The global private tutoring market is expected to grow with a CAGR of 7.3% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the private tutoring market?
Answer: The major drivers for this market are significant expansion in online education, increasing parental awareness of student competition, and increasing inclination towards career-focused education.

Q3. What are the major segments for private tutoring market?
Answer: The future of the private tutoring market looks promising with opportunities in the preschool and primary student, middle school students, high school students, and college students markets.

Q4. Who are the key private tutoring market companies?
Answer: Some of the key private tutoring companies are as follows:
  • Educomp Solutions
  • Sylvan Learning
  • Daekyo
  • Kumon Institute Of Education
  • Kaplan
  • Action Tutoring
  • Chegg
  • Ambow Education Holding
  • Tal Education
  • Mathnasium
Q5. Which private tutoring market segment will be the largest in future?
Answer: The publisher forecasts that academic is expected to witness highest growth over the forecast period due to private tutors in academics provide students with a distinctive outlook on their educational path.

Q6. In private tutoring market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to significant educational gap, a large consumer base, and reputable ict solution providers.

Q7. Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the private tutoring market by type (academic and non-academic), delivery mode (online and offline), end use industry (preschool & primary students, middle school students, high school students, college students, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Private Tutoring Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Private Tutoring Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Private Tutoring Market by Type
3.3.1: Academic
3.3.2: Non-Academic
3.4: Global Private Tutoring Market by Delivery Mode
3.4.1: Online
3.4.2: Offline
3.5: Global Private Tutoring Market by End Use Industry
3.5.1: Preschool & Primary Students
3.5.2: Middle School Students
3.5.3: High School Students
3.5.4: College Students
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Private Tutoring Market by Region
4.2: North American Private Tutoring Market
4.2.1: North American Private Tutoring Market by End Use Industry: Preschool & Primary Students, Middle School Students, High School Students, College Students, and Others
4.3: European Private Tutoring Market
4.3.1: European Private Tutoring Market by Type: Academic and Non-Academic
4.3.2: European Private Tutoring Market by End Use Industry: Preschool & Primary Students, Middle School Students, High School Students, College Students, and Others
4.4: APAC Private Tutoring Market
4.4.1: APAC Private Tutoring Market by Type: Academic and Non-Academic
4.4.2: APAC Private Tutoring Market by End Use Industry: Preschool & Primary Students, Middle School Students, High School Students, College Students, and Others
4.5: ROW Private Tutoring Market
4.5.1: ROW Private Tutoring Market by Type: Academic and Non-Academic
4.5.2: ROW Private Tutoring Market by End Use Industry: Preschool & Primary Students, Middle School Students, High School Students, College Students, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Private Tutoring Market by Type
6.1.2: Growth Opportunities for the Global Private Tutoring Market by Delivery Mode
6.1.3: Growth Opportunities for the Global Private Tutoring Market by End Use Industry
6.1.4: Growth Opportunities for the Global Private Tutoring Market by Region
6.2: Emerging Trends in the Global Private Tutoring Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Private Tutoring Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Private Tutoring Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Educomp Solutions
7.2: Sylvan Learning
7.3: Daekyo
7.4: Kumon Institute of Education
7.5: Kaplan
7.6: Action Tutoring
7.7: Chegg
7.8: Ambow Education Holding
7.9: TAL Education
7.10: Mathnasium

Companies Mentioned

  • Educomp Solutions
  • Sylvan Learning
  • Daekyo
  • Kumon Institute Of Education
  • Kaplan
  • Action Tutoring
  • Chegg

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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