The Global Online Tutoring Services Market was valued at 17.2 billion in 2031. Growing at a high CAGR of more than 17.4% between 2021 and 2031, it is estimated to reach 101.3 billion by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. A rapid increase in the adoption of the online learning methods have been witnessed because of some benefits like convenience, improved focus, cost-effectiveness. Online learning helps both the learners and tutors to enhance their productivity and efficiency and this will help to accelerate the growth of the market during the forecasted period.
Global Online Tutoring Services Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Online Tutoring Services Market has been segmented into tutoring type, course type and duration. On the basis of tutoring type Global Online Tutoring Services Market has been segmented into Structured Tutoring, On-Demand Tutoring. On the basis of course type it has been segmented into Language Courses, Science, Technology, Engineering, and Mathematics (STEM) Courses, Others. On the basis of duration it has been segmented into Short-Term Courses, Long-Term Courses.
By Region, North America Is Holding The Major Market Share
The Global Online Tutoring Services Market has been geographically segmented into North America, Europe, Asia- Pacific, South America, Middle East, and Africa. In addition to this, North America Global Online Tutoring Services Market is holding the largest market share at present and is estimated to witness high compound annual growth rate during the upcoming forecasted period. large customer base and well-established ICT solution providers and also the presence of key players in this region have led this region dominate the market during the forecasted period. Besides this Asia Pacific is also going to witness remarkable growth during the forecasted period.
Major Players in Global Online Tutoring Services Market
Some of the major players in Global Online Tutoring Services Market include Ambow Education, ArborBridge, Beijing Magic Ears Technology Co., Ltd., BYJU'S, Chegg Inc., Club Z! Inc., iTutorGroup, Qkids Teacher, Varsity Tutors, Vedantu.com.
The Global Online Tutoring Services Market Has Been Segmented Into:
Global Online Tutoring Services Market, By Tutoring Type
Global Online Tutoring Services Market, By Course Type
Global Online Tutoring Services Market, By Duration Type
Global Online Tutoring Services Market, By Region
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