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Private Tutoring Market Share

Report ID: GMI5155
Published Date: Nov 2021
Report Format: PDF

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Private Tutoring Market Share

Key private tutoring market participants include

BYJU’S
Club Z! Inc.
Chegg
ETutor
TutorGroup
John Wiley & Sons Inc.
Kaplan
Khan Academy
Pearson Plc
Preply
Revolution Prep
Skooli
Tal Group
Tutor ME
Varisty tutors
Vedanta Innovations Pvt. Ltd
Wyzant.

Companies are focusing on acquisitions and partnerships to increase their geographic footprint and to offer technologically advanced tutoring services to the students. For instance, in February 2021, Vedantu Innovations Pvt. Ltd. acquired Instasolv, a corporation that specializes in clearing doubts for middle and high school students This acquisition would strengthen Vedantu's doubt-clearance capabilities and will help the company to expand its footprint in India's Tier II and Tier III cities. It will also help private tutoring services flourish in smaller areas where access to skilled teachers is an issue for the education industry.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of private tutoring surpassed USD 90 billion in 2020 and will expand at a CAGR of 5% between 2021 and 2027 driven by the surging number of students appearing in various competitive exams.

In the U.S., the industry revenue from subscription-based payment will grow at 10% CAGR up to 2027 given that the method is economical and provides a lot of features over pay per hour mode of payment.

In Germany, curriculum-based learning market size is set to exhibit a CAGR of 12% through 2027 considering the increasing competition and the escalating need for excelling in academics.

North America market is expected to expand at a CAGR of 11% till 2027 impelled by the soaring availability of tailored courses and rising government investments for supporting STEM education.

Leading companies across the industry include Khan Academy, BYJU’S, Chegg, Revolution Prep, Tal Group, Vedanta Innovations Pvt. Ltd., TutorGroup, ETutor, Preply, and others.