- October 12, 2020
- Category: Education Industry, Other Industry Reports
Global Online Tutoring Services Market Size study, by Tutoring Type (Structured Tutoring, On-Demand Tutoring), Course Type (Language Courses, Science, Technology, Engineering, and Mathematics (STEM) Courses, Others), Duration (Short-Term Courses and Long-Term Courses) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Online Tutoring Services Market, by Region, 2018-2027 (USD Billion) 1.2.2. Online Tutoring Services Market, by Tutoring Type, 2018-2027 (USD Billion) 1.2.3. Online Tutoring Services Market, by Course Type, 2018-2027 (USD Billion) 1.2.4. Online Tutoring Services Market, by Duration, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Online Tutoring Services Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Online Tutoring Services Market Dynamics 3.1. Online Tutoring Services Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Online Tutoring Services Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Online Tutoring Services Market, by Tutoring Type 5.1. Market Snapshot 5.2. Global Online Tutoring Services Market by Tutoring Type, Performance - Potential Analysis 5.3. Global Online Tutoring Services Market Estimates & Forecasts by Tutoring Type 2017-2027 (USD Billion) 5.4. Online Tutoring Services Market, Sub Segment Analysis 5.4.1. Structured Tutoring 5.4.2. On-Demand Tutoring Chapter 6. Global Online Tutoring Services Market, by Course Type 6.1. Market Snapshot 6.2. Global Online Tutoring Services Market by Course Type, Performance - Potential Analysis 6.3. Global Online Tutoring Services Market Estimates & Forecasts by Course Type 2017-2027 (USD Billion) 6.4. Online Tutoring Services Market, Sub Segment Analysis 6.4.1. Language Courses 6.4.2. Science, Technology, Engineering, and Mathematics (STEM) Courses 6.4.3. Others Chapter 7. Global Online Tutoring Services Market, by Duration 7.1. Market Snapshot 7.2. Global Online Tutoring Services Market by Duration, Performance - Potential Analysis 7.3. Global Online Tutoring Services Market Estimates & Forecasts by Duration 2017-2027 (USD Billion) 7.4. Online Tutoring Services Market, Sub Segment Analysis 7.4.1. Short-Term Courses 7.4.2. Long-Term Courses Chapter 8. Global Online Tutoring Services Market, Regional Analysis 8.1. Online Tutoring Services Market, Regional Market Snapshot 8.2. North America Online Tutoring Services Market 8.2.1. U.S. Online Tutoring Services Market 184.108.40.206. Tutoring Type breakdown estimates & forecasts, 2017-2027 220.127.116.11. Course Type breakdown estimates & forecasts, 2017-2027 18.104.22.168. Duration breakdown estimates & forecasts, 2017-2027 8.2.2. Canada Online Tutoring Services Market 8.3. Europe Online Tutoring Services Market Snapshot 8.3.1. U.K. Online Tutoring Services Market 8.3.2. Germany Online Tutoring Services Market 8.3.3. France Online Tutoring Services Market 8.3.4. Spain Online Tutoring Services Market 8.3.5. Italy Online Tutoring Services Market 8.3.6. Rest of Europe Online Tutoring Services Market 8.4. Asia-Pacific Online Tutoring Services Market Snapshot 8.4.1. China Online Tutoring Services Market 8.4.2. India Online Tutoring Services Market 8.4.3. Japan Online Tutoring Services Market 8.4.4. Australia Online Tutoring Services Market 8.4.5. South Korea Online Tutoring Services Market 8.4.6. Rest of Asia Pacific Online Tutoring Services Market 8.5. Latin America Online Tutoring Services Market Snapshot 8.5.1. Brazil Online Tutoring Services Market 8.5.2. Mexico Online Tutoring Services Market 8.6. Rest of The World Online Tutoring Services Market Chapter 9. Competitive Intelligence 9.1. Top Market Strategies 9.2. Company Profiles 9.2.1. Ambow Education 22.214.171.124. Key InDurationation 126.96.36.199. Overview 188.8.131.52. Financial (Subject to Data Availability) 184.108.40.206. Product Summary 220.127.116.11. Recent Developments 9.2.2. ArborBridge 9.2.3. Beijing Magic Ears Technology Co., Ltd 9.2.4. BYJU'S 9.2.5. Chegg Inc. 9.2.6. Club Z! Inc. 9.2.7. iTutorGroup 9.2.8. Qkids Teacher 9.2.9. Varsity Tutors 9.2.10. Vedantu.com Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
Global Online Tutoring Services Market is valued approximately USD 4.81 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 16.1 % over the forecast period 2020-2027. Online Tutoring Services means services of teaching provided by companies or teachers to the learners by electronic medium, from their homes or anywhere other than specific place for education like school and colleges, similarly, learners get the education from electronic devices by sitting at their home or anywhere, and they do not need to be at specific place for education. Governments initiatives for digital education, increasing investment by big market players, elimination of geographic constraints, continuous advancement in digital portable devices, availability of both long-term and short-term courses are some factors that are expected for market growth. For Instance: In July 2020, Vedantu.com an Indian online tutoring firm raised USD 100 million in its series D funding round led by Coatue Management , L.L.C. And in India, Ministry of Human Resource Development has created an online library for students of different academic levels and subject domain.. However, factors such as data privacy and security concerns in online tutoring impedes the growth of the market over the forecast period of 2020-2027. Also, with increase in demand for short-term diploma courses with on-demand tutoring pattern is likely to increase the market growth during the forecast period.
The regional analysis of global Online Tutoring Services market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the well-established ICT service providers and availability of large customer base. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as government funded education projects in rural areas and presence of developing economies like India would create lucrative growth prospects for the Online Tutoring Services market across Asia-Pacific region.
Major market player included in this report are:
Beijing Magic Ears Technology Co., Ltd
Club Z! Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Tutoring Type:
By Course Type:
Science, Technology, Engineering, and Mathematics (STEM) Courses
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Online Tutoring Services Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers