Private Tutoring Market in the US 2018-2022
About Private Tutoring
Private tutoring also known as shadow tutoring, is teaching offered to an individual or to a small group of individuals by a tutor. Private tutoring involves developing a set of activities to complement the performance of students at schools.
Technavio’s analysts forecast the private tutoring market in the US to grow at a CAGR of 7.09% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the private tutoring market in the US for 2018-2022. To calculate the market size, the report considers the revenue generated from the private tutoring.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Private Tutoring Market in the US 2018-2022
Technavio recognizes the following companies as the key players in the private tutoring market in the US: Club Z! Tutoring, Kaplan, MindLaunch, Sylvan Learning, TutorMe, Wyzant.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing internet infrastructure. The improvement in internet infrastructure has increased the adoption of virtual classroom services by online private tutoring service providers. Advancements in internet infrastructure has enriched the exchange of information and problem-solving solutions with real-time examples. The increasing incorporation of embedded internet is leading to infrastructural changes such as construction of virtual networks. The use of embedded network devices is enforcing private tutoring service providers to develop solutions that are compatible with various changes. Thus, the growth in infrastructure is contributing to the growth of market.”
According to the report, one of the major drivers for this market is Growing student enrollments. The increasing number of student enrollments in universities and colleges is creating a demand for private online tutoring services. To meet the existing education standards and to score grades, students are also enrolling for private tutoring services. Also, the increasing income and growing lifestyle standards in the US are encouraging parents to spend on education.
Further, the report states that one of the major factors hindering the growth of this market is Lack of credibility in online tutoring services. Online tutoring contributes to a major share of private tutoring because of cost benefits, easy access, and other advantages. The growing necessities, low costs , and preference of students to take tuitions at convenient times is shaping the demand for online tutors. Although the market is flooded with several international and regional tutoring service providers, the quality of offerings is unreliable.
Club Z! Tutoring, Kaplan, MindLaunch, Sylvan Learning, TutorMe, Wyzant.
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