Exam Preparation and Tutoring Trends and Forecast
The future of the global exam preparation and tutoring market looks promising with opportunities in the k-12, higher education, and corporate or professional training markets. The global exam preparation and tutoring market is expected to grow with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are rising demand for distance-learning courses and advancement in technology.Exam Preparation and Tutoring by Segment
The study includes a forecast for the global exam preparation and tutoring by tutoring type, tutoring style, end use, and region.Exam Preparation and Tutoring Market by Tutoring Type [Shipment Analysis by Value from 2018 to 2030]:
- Structured Tutoring
- On-Demand Tutoring
Exam Preparation and Tutoring Market by Tutoring Style [Shipment Analysis by Value from 2018 to 2030]:
- Test Preparation Service
- Subject Tutoring Service
Exam Preparation and Tutoring Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- K-12
- Higher Education
- Corporate or Professional Training
Exam Preparation and Tutoring Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Exam Preparation and 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 exam preparation and tutoring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.Some of the exam preparation and tutoring companies profiled in this report include:
- Chegg
- Tutor.Com
- Wyzant
- Ambow Education Holding
- TakeLessons
- Varsity Tutors
- Preply
Exam Preparation and Tutoring Market Insights
The publisher forecasts that structured tutoring is expected to witness higher growth over the forecast period.Within this market, higher education will remain the largest segment.
North America will remain the largest region over the forecast period.
Features of the Global Exam Preparation and Tutoring Market
- Market Size Estimates: Exam preparation and tutoring market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Exam preparation and tutoring market size by tutoring type, tutoring style, end use, and region in terms of value ($B).
- Regional Analysis: Exam preparation and tutoring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different tutoring types, tutoring style, end uses, and regions for the exam preparation and tutoring market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the exam preparation and tutoring market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for exam preparation and tutoring market?Answer: The global exam preparation and tutoring market is expected to grow with a CAGR of 5.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the exam preparation and tutoring market?
Answer: The major drivers for this market are rising demand for distance-learning courses and advancement in technology.
Q3. What are the major segments for exam preparation and tutoring market?
Answer: The future of the exam preparation and tutoring market looks promising with opportunities in the k-12, higher education, and corporate or professional training markets.
Q4. Who are the key exam preparation and tutoring market companies?
Answer: Some of the key exam preparation and tutoring companies are as follows:
- Chegg
- Tutor.Com
- Wyzant
- Ambow Education Holding
- TakeLessons
- Varsity Tutors
- Preply
Answer: The publisher forecasts that structured tutoring is expected to witness higher growth over the forecast period.
Q6. In exam preparation and tutoring market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the exam preparation and tutoring market by tutoring type (structured tutoring and on-demand tutoring), tutoring style (test preparation service and subject tutoring service), end use (k-12, higher education, and corporate or professional training), 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 Exam Preparation and Tutoring Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Chegg
- Tutor.Com
- Wyzant
- Ambow Education Holding
- TakeLessons
- Varsity Tutors
- Preply
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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