Online Tutoring Services Market In US 2023-2027
The online tutoring services market in US is forecasted to grow by USD 29175.13 mn during 2022-2027, accelerating at a CAGR of 16.2% during the forecast period. The report on the online tutoring services market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by flexibility offered by online tutoring, technological advances and virtual learning, and increased tutoring support for test preparation services.
Technavio's online tutoring services market in US is segmented as below:
- Test preparation service
- Subject tutoring service
- Higher education institutes
- K-12 schools
- Long-term courses
- Short-term courses
This study identifies the growing customization of tutoring services as one of the prime reasons driving the online tutoring services market in US growth during the next few years. Also, emergence of intelligent tutoring system (ITS) and shift toward cloud-based solutions will lead to sizable demand in the market.
The report on the online tutoring services market in US covers the following areas:
- Online tutoring services market in US sizing
- Online tutoring services market in US forecast
- Online tutoring services market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online tutoring services market in US vendors that include ArborBridge Inc., BenchPrep, Chegg Inc., Club Z Inc., Graham Holdings Co., IXL Learning Inc., John Wiley and Sons Inc., Learn To Be, Manhattan Review Inc., Mathnasium LLC, Nerdy Inc., Pearson Plc, Pluribus Technologies Corp., Preply Inc., Revolution Prep LLC, Studypool Inc., Sylvan Learning LLC, Think and Learn Pvt. Ltd., TPR Education LLC, and TutaPoint LLC. Also, the online tutoring services market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.