Private Tutoring Market Analysis

Private Tutoring Market Analysis

The U.S. subscription-based payment market is forecast to register growth rate of about 10% through 2027 as it is being preferred by the end users as they are economical and have lot of additional features compared to the pay per hour payment method. Extra classes, one-to- one doubt clearing sessions and comparatively high number of model tests are some of the features that the players are offering to the students. Furthermore, pay per hour model is expected to grow at an exponential rate during the forecast period as it is being preferred by the students who need tutoring service for understanding a particular topic better and is not interested in getting enrolled for the complete tutoring program.

Germany private tutoring market from curriculum-based learning segment is poised to witness 12% gains till 2027 on account of the growing competition and need to excel in academics. Students are undertaking extra tutoring either for difficult to learn subjects or to excel in both their academic examinations. Private tutoring is becoming more common in Germany with the emergence of blended learning programs. Private tutors are experts in their curriculum-based content and use custom project-based learning session. Companies such as Chegg and Pearson conduct a brief discussion with the students to understand about their current learning needs and accordingly, develop learning road map wherein, each session begins with the establishment of a goal and agenda.
 

In 2020, the India’s K-12 students’ education private tutoring market accounted for around 30% of the revenue share. The government is taking initiatives to strengthen the education industry by encouraging learning technologies and supplementary coaching classes. Government funded projects and strategic developments for education is helping in the market development in the region. For instance, in India, the education sector was allotted USD 12,580.49 million for 2021, with USD 7,405.06 million for school education and literacy and USD 5,175.29 million for the higher education sector. Rise in smartphone usage, high disposable income, and improved ICT infrastructure are some of the factors that are boosting the market revenue.
 

North America private tutoring market size is anticipated to observe nearly 11% CAGR during 2021 to 2027 due to the increasing availability of tailored courses. Industry participants are offering a customized platform that allows students to grow based on their ability. Growing investment by government to support STEM education is helping the market player introduce customized private tutoring courses. In 2020, the U.S. Department of Education awarded about USD 141 million to new grants and USD 437 million to continue STEM education existing projects that are making substantial progress toward their goals.
 

The rapidly growing adoption of STEM education and personalized learning is spurring the market growth coupled with the increased demand for the private tutoring services from the K12 students during the ongoing pandemic.