The global Online Tutoring Services Market size is expected to reach USD 18.18 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 15.6% from 2021 to 2028. Online tutoring refers to the process of tutoring in an online, networked, or virtual environment where learners and tutors are present virtually. It has gained popularity with the ever-increasing use of internet services worldwide. Increased internet data transfer speed has enabled tutors and learners to engage online simultaneously. Furthermore, the rapid adoption of smartphones is one of the significant factors driving the adoption of online teaching services worldwide as it enables learning to take place regardless of the geographic location. For instance, Varsity Tutors, a U.S.-based education company, offers a mobile application for live tutoring and instructions. It provides an expert’s assistance from anywhere and lets learners manage their tutoring sessions.
Schools, universities, and other learning institutes
have been encouraged to follow distance education and work remotely with their
students amid the COVID-19 pandemic. The adoption of distance learning owing to
the outbreak of the pandemic has impacted the industry’s growth favorably. For
instance, in March 2020, Varsity Tutors released a free product called Virtual
School Day for students and parents. It offers over 20 hours of live online
classes across various subjects for students up to the 12th grade.
It also has special sessions for each age group. Thus, online tutoring service
providers have positively leveraged the pandemic situation as educational
institutes have been closed in many states and countries.
The market has benefitted from the onset of analytical
applications to customize tutoring services. For instance, content designers
leverage analytical tools to develop content tailored to the requirements of
learners. Such content development is fulfilled based on individual students’
interests, performances, and subject understanding. For instance, Kaplan, Inc.,
an American for-profit educational services corporation, provides online
customization tools for learners enrolled in test preparation courses. This
trend of growing customization in tutoring services is anticipated to trigger
market growth owing to the formative assessment features of these services.
Related Press Release@ Online Tutoring Services Market Report
Online Tutoring Services Market
Report Highlights
- The increasing adoption of mobile phones and tablets by students
and parents has led to the impulsive growth of mobile learning methods
- The increasing deployment of personalized tutoring and live
sessions can be attributed to benefits such as better tutor-student
engagement
- Online tutoring service providers have leveraged the outbreak of
the COVID-19 pandemic as an opportunity to introduce an ideal learning
method amid the crisis
- Remote access and a convenient medium of learning are the key
advantages encouraging students to adopt online tutoring services.
Furthermore, the inclusion of the feedback feature in mobile educational
apps has enabled students to receive personalized support from the service
providers
List of Key Players of the Online Tutoring Services Market
·
Ambow Education
·
ArborBridge
·
Beijing Magic Ears Technology Co., Ltd
·
BYJU'S
·
Chegg Inc.
·
Club Z! Inc.
·
iTutorGroup
·
Qkids Teacher
·
Varsity Tutors
·
Vedantu.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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