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Private Tutoring Market Size

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

Private Tutoring Market Size

Private Tutoring Market size exceeded USD 90 billion in 2020 and is projected to expand at over 5% CAGR from 2021 to 2027. The growing number of students appearing in various competitive exams such as engineering and medical entrance exams resulting in increased competition will fuel the industry growth. Private tutoring is witnessing demand for cost-effective programs that addresses the knowledge gap in students.

 

The outbreak of the coronavirus (COVID-19) has severely collapsed the economic activity in FY2020. The pandemic has moderately impacted the private tutoring industry as schools, and universities implemented remote learning practices during the lockdown period, resulting in the need for online personalized tutoring services. Additionally, the growing purchasing power, and awareness regarding the importance of the education is fueling the market demand in the developing and under developing regions such as Latin America and Africa. However, pandemic negatively impacted the offline mode of private tutoring.

 

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.

Private Tutoring Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 17
  • Tables & Figures: 285
  • Countries covered: 19
  • Pages: 250
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