Growing Role of Shadow Education in Helping Students Cope with Competition to Gain Admission into Elite Universities Drives Global Growth of Private Tutoring Services
The
global market for Private Tutoring Services is forecast to reach US$260.7
billion by 2024, driven by factors such as growing competition
among students to achieve academic excellence and gain entry into selective
schools and universities, inability of working parents to assist their children
with schoolwork, inadequacy of mainstream schools in meeting student needs, rise
in student population, and growing adoption of online tutoring.
Tutoring , a key constituent of the global education
industry, is primarily aimed at improving a student’s learning capabilities and
confidence. Growth in the private tutoring industry is mainly attributed to the
limitation of the standard education system to address the unique needs of each
student. Demand for private tuitions in several countries is also driven by
growing competition among students to gain entry into the best universities and
preparatory schools and pursue a career of choice. Inability of working parents
to assist their children with schoolwork and lack of knowledge about specific
subjects is another major factor driving students towards private tutoring. Present-day
private tutoring programs offer a large selection of programs and services that
could include study skills, scholastic
summer camps, test preps, pre-kindergarten readiness programs, and
enrichment tutorials. There is also a growing demand for tutors who can address
learning difficulties, mental health problems and other special needs of
children with disabilities.
Technological advances
in the field of learning have also radically transformed the education sector
and helped schooling and learning to go beyond conventional classroom teaching. Online tutoring is emerging as a popular form of private tuitions for
students across the world, largely due to the convenience and multi-utility
features of the medium. Online tutoring services
connect students to a worldwide network of tutors trained in various subjects
and grade levels. The market is also witnessing an incremental rise in
number of educational startups and partnerships between service providers and technology
vendors to leverage on online delivery platforms. Mobile
tutoring is gaining pace with apps designed to offer online tutoring
platforms for live in-center and online tutoring for students from different
skill levels and ages. The segment is further supported by the advent of new
types of tools and delivery platforms, which include specialized tools for
creating and managing educational augmented reality, social learning,
simulation-based learning, location based learning, edugames, and interactive
exam preparations.
As stated by the new market research report on Private
Tutoring, Asia-Pacific represents the
largest and the fastest growing market worldwide. The region is projected to
post a CAGR of 9.6% over the analysis period. Growth in the market is led by factors
such as absence of sufficient public funding for state education systems, introduction
of standardised examinations for universities and colleges, growing popularity
of subject-specific tutors, and growing
desire of students to take up admission in foreign universities.
Major players in the market include Ambow Education Holding
Ltd., A Plus-All Subjects Tutoring,
Inc., Building Educated Leaders For Life, Chegg, Club Z! Tutoring Services,
Daekyo Co., Ltd., Educomp Solutions Ltd., , Fleet Tutors, Huntington Learning
Centers, Inc., JEI Learning Centers, Kaplan, Inc., Kumon, Mandarin House,
Mathnasium LLC, New Oriental Education and Technology Group Sylvan Learning
Inc., TAL Education Group, Tutor Doctor, Tutor.com, Inc., Varsity Tutors, and Xueda
Education Group , among others.
The research report titled “Private
Tutoring - Market Analysis, Trends, and Forecasts” 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.
Global Industry Analysts, Inc. 6150 Hellyer
Ave., San Jose CA 95138, USA, All Rights Reserved.
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enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
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