The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022

Intense Competition among Students and the Growing Need to Achieve Academic Excellence Drive the Global Private Tutoring Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Private Tutoring market. The global market for Private Tutoring Services is forecast to reach US$227 billion by 2022, driven by the need to keep pace with classroom teaching, improve overall competency and enhance knowledge and skill level.

Education is considered the social ladder to achieve success in personal and professional life. Higher education is associated with increased opportunities in the labor market, high remunerations, and improved social standing. People are therefore investing heavily in children’s education, including private tutoring or private supplementary tutoring which is emerging as a major phenomenon in the global education system. The adoption of private tutoring services is higher in urban areas compared to rural regions. The difference in penetration levels of tutoring in urban and rural areas is attributed to factors such as relatively higher level of competition in urban centers, high educational qualifications of parents in urban areas, and better socio-economic status of the urban population. Technological advances in the field of learning have radically transformed the education sector and helped schooling and learning go beyond conventional classroom teaching. One of the most important developments in this field is private online tutoring that provides students with the ability to get academic help anytime, anywhere. The increasing significance and penetration of Massive Online Open Courses (MOOCs) is boosting demand for online learning. Personalized learning also represents one of the latest trends in the education industry. While several learning approaches are institution-driven, the concept of customized learning is expected to continue gaining momentum.

As stated by the new market research report on Private Tutoring, Asia-Pacific represents the largest and the fastest growing market worldwide. The region, projected to post a CAGR of 10.2% over the analysis period, emerged as the forerunner in the global private tutoring market given the importance of education in the region. Education industry in Asia is worth billions of dollars, comprising tutors, online courses, agents, and schools in countries across the region. Private tutoring in China is primarily driven by the increasing desire among students to gain admission into prestigious universities. In the United States, one of the key markets, major factors influencing decisions to seek tutoring services include the need to offer assistance to children for enabling them to keep pace with classroom teaching activities, the pressure on students to improve overall grades, and enhance knowledge and skill levels.

Major players covered in the report include A Plus-All Subjects Tutoring, Inc., Building Educated Leaders For Life, Chegg, Club Z! Tutoring Services, Daekyo Co., Ltd., Educomp Solutions Ltd., Extramarkstutors.com, Fleet Tutors, GradeSlam, Huntington Learning Centers, Inc., JEI Learning Centers, Kaplan, Inc., Kumon, Learn It Systems, LearningRx, Mandarin House, Mathnasium LLC, Rocket Learning, Inc., Shanghai Expat Tutors, Smart Tuition, LLC, Sou Fudao, Supreme Evaluations, Inc., Sylvan Learning Inc., TAL Education Group, The Princeton Review, Inc., truePrep, Tutor Doctor, Tutor.com, Inc., Tutoring Club, Inc., Tutor Matching Service, Tutors in China, and UltiTutor, among others.

The research report titled “Private Tutoring: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, issues, challenges, and strategic industry activities of major global and regional players. The report provides market estimates and projections for all major geographic markets, such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Greece and Rest of Europe), Asia-Pacific (China, India, South Korea and Rest of Asia-Pacific) and Rest of World markets.

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