NEW
YORK, June 26, 2024 /PRNewswire/ -- The
global K-12 online tutoring market size is
estimated to grow by USD 122.2
billion from 2024-2028, according to Technavio. The market
is estimated to grow at a CAGR of 13.58% during the
forecast period. Growing importance of stem
education is driving market growth, with a trend
towards emergence of learning via mobile devices.
However, threat from open tutoring resources and private
tutors poses a challenge. Key market players include Ambow
Education Holding Ltd., ArborBridge Inc., Chegg Inc., China
Distance Education Holdings Ltd., Club Z Inc., D2L Inc., Fleet
Education Services Ltd., Franchise Group Inc., Growing Stars Inc.,
Instructure Holdings Inc., iTutorGroup Inc., John Wiley and Sons
Inc., New Oriental Education and Technology Group Inc., Nuevo Agora
Centro De Estudios SL, Pearson Plc, Stride Inc., TAL Education
Group, Think and Learn Pvt. Ltd., Toppr Technologies Pvt. Ltd., and
Vedantu Innovations Pvt. Ltd..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Type (Structured
tutoring and On-demand tutoring), Courses (Assessments and
Subjects), and Geography (APAC, Europe, North America, South
America, and Middle East and Africa)
|
Region
Covered
|
APAC, Europe, North
America, South America, and Middle East and Africa
|
Key companies
profiled
|
Ambow Education Holding
Ltd., ArborBridge Inc., Chegg Inc., China Distance Education
Holdings Ltd., Club Z Inc., D2L Inc., Fleet Education Services
Ltd., Franchise Group Inc., Growing Stars Inc., Instructure
Holdings Inc., iTutorGroup Inc., John Wiley and Sons Inc., New
Oriental Education and Technology Group Inc., Nuevo Agora Centro De
Estudios SL, Pearson Plc, Stride Inc., TAL Education Group, Think
and Learn Pvt. Ltd., Toppr Technologies Pvt. Ltd., and Vedantu
Innovations Pvt. Ltd.
|
Key Market Trends Fueling Growth
In the K-12 online tutoring market, mobile devices have become
essential tools for learning. Institutions are adopting smartphones
and tablets for personalized and flexible education. Students use
these devices for content access, lectures, alerts, and other
educational activities. The growing awareness and availability of
tech-savvy students have mainstreamed mobile devices in education.
Vendors focus on creating mobile-accessible K-12 online learning
content. This trend towards mobile learning positively impacts the
K-12 online tutoring market.
The K-12 online tutoring market is experiencing significant
growth with the increasing trend towards remote learning. Online
tutoring services provide students with personalized instruction
from the comfort of their homes. The use of technology such as
video conferencing and interactive whiteboards enables real-time
interaction between students and tutors. The demand for online
tutoring centers has surged due to the pandemic, with many schools
adopting virtual classrooms. The tutoring industry offers various
subjects and levels, from math and science to language arts and
test preparation. Centers provide flexible scheduling options,
making it convenient for students to learn at their own pace. The
future of online tutoring looks promising, with advancements in
technology and the continued need for personalized
instruction.
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Market Challenges
- The K-12 online tutoring market faces competition from free
open-source tutors and private tutors. Consumers prefer these
options due to personalized attention and flexible pacing. Online
tutoring vendors like Ambow Education and iTutorGroup offer
instructional programs for a fee, but the high cost of private
tutoring is a significant draw. These alternatives may hinder the
growth of the K-12 online tutoring market during the forecast
period.
- The K-12 online tutoring market is experiencing significant
growth, with an increasing number of students turning to digital
learning solutions. However, this market also faces several
challenges. One major challenge is ensuring effective student
engagement and interaction in a virtual learning environment.
Another challenge is providing personalized instruction to meet the
unique needs of each student. Additionally, ensuring the security
and privacy of student data is a critical concern. Furthermore, the
reliability and consistency of internet connectivity can impact the
quality of online tutoring services. Lastly, affordability remains
a significant barrier for many families, particularly those in
lower-income households. Addressing these challenges will be
crucial for the continued success and growth of the K-12 online
tutoring market.
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challenges - Download a Sample Report
Segment Overview
This k-12 online tutoring market report extensively covers
market segmentation by
- Type
- 1.1 Structured tutoring
- 1.2 On-demand tutoring
- Courses
- 2.1 Assessments
- 2.2 Subjects
- Geography
- 3.1 APAC
- 3.2 Europe
- 3.3 North America
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Structured tutoring- The K-12 online tutoring
market offers structured subscription packages ranging from
USD40 to USD120 per month. These plans ensure the
availability of consistent tutors and improve student-tutor
understanding. Vendors also provide access to reputed schools'
tutors through private online schools. Initiatives like free trials
boost student confidence and drive growth in the segment. Monthly
plans start at USD15 for 30 minutes a
week, with robust support teams and specialized instruction
opportunities.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
In the K-12 online tutoring market, smart devices have become
essential tools for delivering multimedia resources in a virtual
learning environment. Microlearning through videos, audio,
infographics, text, and other formats caters to diverse learning
preferences and time constraints. Kindergarten to high school
teachers leverage personalized learning platforms to provide an
interactive learning experience, addressing academic performance
issues and learning gaps. Technology-driven individualized advice
based on K12 curriculum and teaching techniques enhances
standardized test scores. Digital learning platforms offer a wide
range of multimedia resources, ensuring a passive yet engaging
educational journey for students.
Market Research Overview
The K-12 Online Tutoring Market refers to the provision of
educational support through digital platforms for students in
kindergarten to twelfth grade. This market has gained significant
traction in recent times due to the convenience it offers,
especially in the wake of the global health crisis. The virtual
learning environment enables students to access quality education
from anywhere, anytime. The use of technology in teaching and
learning has led to personalized instruction, real-time feedback,
and interactive sessions. The curriculum covers various subjects,
including math, language arts, science, and social studies. The
market caters to diverse learning styles and abilities, making it
an inclusive solution for students. The flexibility and
affordability of online tutoring make it an attractive option for
parents and students alike. The future of K-12 education is
undeniably digital, with online tutoring playing a pivotal role in
shaping the educational landscape.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- Structured Tutoring
- On-demand Tutoring
- Courses
-
- Geography
-
- APAC
- Europe
- North America
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio