Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10 Billion | USD 34 Billion | 14% | 2023 |
The global on-demand tutoring services market size was evaluated at $10 billion in 2023 and is slated to hit $34 billion by the end of 2032 with a CAGR of nearly 14% between 2024 and 2032.
On-demand tutoring services have revolutionized the way students access educational aid. These tools provide flexible, personalized, and convenient tutoring sessions, thereby catering to the needs of a variety of learners. The main features of on-demand tutoring services include précised learning, flexibility, convenience, cost-effective pricing, experienced tutors, and subject variety.
Necessity of improving précised learning experiences to boost the global market trends over forecast period
Easy availability of remote access and flexible schedule, along with the need to reduce the time of travel to educational institutes, are expected to boost the global on-demand tutoring services market trends. Moreover, the need for enhancing personalized learning experiences along with the demand for supplemental education is predicted to translate into a massive expansion of the market globally. Technological breakthroughs such as video conferencing and interactive tools will embellish the expansion of the global market. In addition to this, dynamic pricing and flexible payment alternatives are projected to spur the expansion of the market globally. Reportedly, online tools can help connect tutors globally, thereby expanding the customer base. This, in turn, will drive the market expansion globally.
Internet connection problems & issues with seamless networks in remote regions can hinder the global industry expansion over 2024-2032
Low participation and lower consumer engagement along with technological challenges can obstruct the expansion of the global on-demand tutoring services industry. Moreover, challenge in retaining best tutors and tough recruit process can further hinder the growth of the global industry. Web connectivity issues and quality assurance can impede the global industry surge over the assessment timeline.
Enforcement of supportive government laws can open new growth avenues for the global market
Integrating AI with on-demand tutoring tools is projected to generate new growth avenues for the global on-demand tutoring services market. Apart from this, an increase in smartphone offerings as a tool of learning has paved the way for the expansion of the market globally. Moreover, favorable government policies and the allocation of huge funds for improving learning outcomes along with the surging popularity of flexible learning services are likely to prop up the global market surge.
Escalating prices of scheduling & dynamic costs can challenge the global industry surge by 2032
High scheduling costs, the digital divide, and inequity in accessing on-demand tutoring solutions are projected to hamper the expansion of the global on-demand tutoring services industry. Furthermore, dynamic pricing and security concerns along with tough competition from alternatives are anticipated to slow down the growth of the industry globally. Need for obtaining license and data security concerns as well as lack of social interaction & personal contact can further hinder the global industry expansion.
The global on-demand tutoring services market is divided into tutoring type, duration, end-user, and region.
In terms of tutoring type, the on-demand tutoring services market across the globe is segmented into structured tutoring and on-demand tutoring segments. Apparently, the on-demand tutoring segment, which accumulated nearly 71% of the global market revenue in 2023, is predicted to account for the fastest CAGR during the ensuing years as a result of surging customer preference toward flexible learning schedules and quick access to educational content.
Based on the duration, the global on-demand tutoring services industry is segmented into long-term courses and short-term courses segments. Apparently, the long-term courses segment, which dominated the global industry in 2023, is anticipated to account notably toward the segmental size globally in the ensuing years. This can be a result of an immense demand for in-depth learning experiences offering continuity as well as a structured education path.
In terms of end-user, the on-demand tutoring services market is divided into higher education and K-12 students segments. Furthermore, the K-12 students segment, which dominated the global market in 2023, is set to contribute substantially towards the global market size owing to surging educational requirements along with focus on advanced preparatory topics for college entrance exams.
Report Attributes | Report Details |
---|---|
Report Name | On-Demand Tutoring Services Market |
Market Size in 2023 | USD 10 Billion |
Market Forecast in 2032 | USD 34 Billion |
Growth Rate | CAGR of 14% |
Number of Pages | 221 |
Key Companies Covered | BYJU'S, Vedantu, Chegg Inc., Tutor.com, Khan Academy, Varsity Tutors, iTutorGroup, TutorEye Inc., Khan Academy, Ambow Education, Wyzant Inc., GoStudent, Brainfuse., and others. |
Segments Covered | By Tutoring Type, By Duration, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia-Pacific is likely to maintain leadership position in the global market over the projected timespan
Asia-Pacific, which contributed about 40% of the global on-demand tutoring services market size in 2023, is set to establish a numero one position in the global market in upcoming years. In addition, the regional market progression in the coming eight years can be credited to the huge student populace in countries such as India and China. Apart from this, educational reforms and technological breakthroughs are likely to contribute notably towards regional market growth. Presence of key players in the densely populated countries is projected to contribute substantially towards the growth of the market in the sub-continent.
The North American on-demand tutoring services industry is set to register the highest CAGR annually in the next few years. The surge of the industry in the sub-continent can be owing to a growing preference towards flexibility and a rise in the customer base in countries such as the U.S. Furthermore, an increase in the allocation of funds in the EdTech segment is projected to expedite the industry trends in the sub-continent.
The global on-demand tutoring services market profiles key players such as:
By Tutoring Type
By Duration
By End-User
FrequentlyAsked Questions
On-demand tutoring services have revolutionized the manner in which students access educational aid. These tools provide flexible, personalized, and convenient tutoring sessions, thereby catering to the needs of a variety of learners.
The global on-demand tutoring services market will grow over the forecast period due to the need to enhance personalized learning experiences and the demand for supplement education.
According to a study, the global on-demand tutoring services industry size was $10 billion in 2023 and is projected to reach $34 billion by the end of 2032.
The global on-demand tutoring services market is anticipated to record a CAGR of nearly 14% from 2024 to 2032.
The North American on-demand tutoring service industry is set to register the fastest CAGR over the forecasting timeline owing to a growing preference towards flexibility and a rise in the customer base in countries such as the U.S. Furthermore, an increase in the allocation of funds in the EdTech segment is projected to expedite the industry trends in the subcontinent.
The global on-demand tutoring services market is led by players such as BYJU'S, Vedantu, Chegg Inc., Tutor.com, Khan Academy, Varsity Tutors, iTutorGroup, TutorEye Inc., Khan Academy, Ambow Education, Wyzant, Inc., GoStudent, and Brainfuse.
The global on-demand tutoring services market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed