Online Tutoring Services Market in US 2023-2027

Description

List of Tables

The online tutoring services market in US is forecasted to grow by USD 29175.13 mn during 2022-2027, accelerating at a CAGR of 16.2% during the forecast period. The report on the online tutoring services market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by flexibility offered by online tutoring, technological advances and virtual learning, and increased tutoring support for test preparation services.

Technavio's online tutoring services market in US is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	15.86%
CAGR	16.2%
Incremental Value	$29175.13mn

By Product

Test preparation service
Subject tutoring service

By End-user

Higher education institutes
K-12 schools

By Type

Long-term courses
Short-term courses

This study identifies the growing customization of tutoring services as one of the prime reasons driving the online tutoring services market in US growth during the next few years. Also, emergence of intelligent tutoring system (ITS) and shift toward cloud-based solutions will lead to sizable demand in the market.

The report on the online tutoring services market in US covers the following areas:

Online tutoring services market in US sizing
Online tutoring services market in US forecast
Online tutoring services market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online tutoring services market in US vendors that include ArborBridge Inc., BenchPrep, Chegg Inc., Club Z Inc., Graham Holdings Co., IXL Learning Inc., John Wiley and Sons Inc., Learn To Be, Manhattan Review Inc., Mathnasium LLC, Nerdy Inc., Pearson Plc, Pluribus Technologies Corp., Preply Inc., Revolution Prep LLC, Studypool Inc., Sylvan Learning LLC, Think and Learn Pvt. Ltd., TPR Education LLC, and TutaPoint LLC. Also, the online tutoring services market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40433

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary €" Chart on Market Overview
Exhibit 02: Executive Summary €" Data Table on Market Overview
Exhibit 03: Executive Summary €" Chart on Country Market Characteristics
Exhibit 04: Executive Summary €" Chart on Market Segmentation by Product
Exhibit 05: Executive Summary €" Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary €" Chart on Market Segmentation by Type
Exhibit 07: Executive Summary €" Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 12: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 14: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 15: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Online tutoring services market in US 2017 - 2021
Exhibit 16: Historic Market Size €" Data Table on online tutoring services market in US 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size €" Product Segment 2017 - 2021 ($ million)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 18: Historic Market Size €" End-user Segment 2017 - 2021 ($ million)
4.4 Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size €" Type Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers €" Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers €" Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants €" Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes €" Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry €" Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 27: Chart on Product - Market share 2022-2027 (%)
Exhibit 28: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 29: Chart on Comparison by Product
Exhibit 30: Data Table on Comparison by Product
6.3 Test preparation service - Market size and forecast 2022-2027
Exhibit 31: Chart on Test preparation service - Market size and forecast 2022-2027 ($ million)
Exhibit 32: Data Table on Test preparation service - Market size and forecast 2022-2027 ($ million)
Exhibit 33: Chart on Test preparation service - Year-over-year growth 2022-2027 (%)
Exhibit 34: Data Table on Test preparation service - Year-over-year growth 2022-2027 (%)
6.4 Subject tutoring service - Market size and forecast 2022-2027
Exhibit 35: Chart on Subject tutoring service - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Data Table on Subject tutoring service - Market size and forecast 2022-2027 ($ million)
Exhibit 37: Chart on Subject tutoring service - Year-over-year growth 2022-2027 (%)
Exhibit 38: Data Table on Subject tutoring service - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Product
Exhibit 39: Market opportunity by Product ($ million)
Exhibit 40: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 41: Chart on End-user - Market share 2022-2027 (%)
Exhibit 42: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 43: Chart on Comparison by End-user
Exhibit 44: Data Table on Comparison by End-user
7.3 Higher education institutes - Market size and forecast 2022-2027
Exhibit 45: Chart on Higher education institutes - Market size and forecast 2022-2027 ($ million)
Exhibit 46: Data Table on Higher education institutes - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Chart on Higher education institutes - Year-over-year growth 2022-2027 (%)
Exhibit 48: Data Table on Higher education institutes - Year-over-year growth 2022-2027 (%)
7.4 K-12 schools - Market size and forecast 2022-2027
Exhibit 49: Chart on K-12 schools - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Data Table on K-12 schools - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Chart on K-12 schools - Year-over-year growth 2022-2027 (%)
Exhibit 52: Data Table on K-12 schools - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by End-user
Exhibit 53: Market opportunity by End-user ($ million)
Exhibit 54: Data Table on Market opportunity by End-user ($ million)

8 Market Segmentation by Type

8.1 Market segments
Exhibit 55: Chart on Type - Market share 2022-2027 (%)
Exhibit 56: Data Table on Type - Market share 2022-2027 (%)
8.2 Comparison by Type
Exhibit 57: Chart on Comparison by Type
Exhibit 58: Data Table on Comparison by Type
8.3 Long-term courses - Market size and forecast 2022-2027
Exhibit 59: Chart on Long-term courses - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Long-term courses - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Long-term courses - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Long-term courses - Year-over-year growth 2022-2027 (%)
8.4 Short-term courses - Market size and forecast 2022-2027
Exhibit 63: Chart on Short-term courses - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Short-term courses - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Short-term courses - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Short-term courses - Year-over-year growth 2022-2027 (%)
8.5 Market opportunity by Type
Exhibit 67: Market opportunity by Type ($ million)
Exhibit 68: Data Table on Market opportunity by Type ($ million)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 70: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 71: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 72: Overview on factors of disruption
11.4 Industry risks
Exhibit 73: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 74: Vendors covered
12.2 Market positioning of vendors
Exhibit 75: Matrix on vendor position and classification
12.3 ArborBridge Inc.
Exhibit 76: ArborBridge Inc. - Overview
Exhibit 77: ArborBridge Inc. - Product / Service
Exhibit 78: ArborBridge Inc. - Key offerings
12.4 BenchPrep
Exhibit 79: BenchPrep - Overview
Exhibit 80: BenchPrep - Product / Service
Exhibit 81: BenchPrep - Key news
Exhibit 82: BenchPrep - Key offerings
12.5 Chegg Inc.
Exhibit 83: Chegg Inc. - Overview
Exhibit 84: Chegg Inc. - Product / Service
Exhibit 85: Chegg Inc. - Key news
Exhibit 86: Chegg Inc. - Key offerings
12.6 Club Z Inc.
Exhibit 87: Club Z Inc. - Overview
Exhibit 88: Club Z Inc. - Product / Service
Exhibit 89: Club Z Inc. - Key offerings
12.7 Graham Holdings Co.
Exhibit 90: Graham Holdings Co. - Overview
Exhibit 91: Graham Holdings Co. - Business segments
Exhibit 92: Graham Holdings Co. - Key offerings
Exhibit 93: Graham Holdings Co. - Segment focus
12.8 John Wiley and Sons Inc.
Exhibit 94: John Wiley and Sons Inc. - Overview
Exhibit 95: John Wiley and Sons Inc. - Business segments
Exhibit 96: John Wiley and Sons Inc. - Key offerings
Exhibit 97: John Wiley and Sons Inc. - Segment focus
12.9 Learn To Be
Exhibit 98: Learn To Be - Overview
Exhibit 99: Learn To Be - Product / Service
Exhibit 100: Learn To Be - Key offerings
12.10 Mathnasium LLC
Exhibit 101: Mathnasium LLC - Overview
Exhibit 102: Mathnasium LLC - Product / Service
Exhibit 103: Mathnasium LLC - Key offerings
12.11 Nerdy Inc.
Exhibit 104: Nerdy Inc. - Overview
Exhibit 105: Nerdy Inc. - Product / Service
Exhibit 106: Nerdy Inc. - Key offerings
12.12 Pluribus Technologies Corp.
Exhibit 107: Pluribus Technologies Corp. - Overview
Exhibit 108: Pluribus Technologies Corp. - Product / Service
Exhibit 109: Pluribus Technologies Corp. - Key offerings
12.13 Preply Inc.
Exhibit 110: Preply Inc. - Overview
Exhibit 111: Preply Inc. - Product / Service
Exhibit 112: Preply Inc. - Key offerings
12.14 Revolution Prep LLC
Exhibit 113: Revolution Prep LLC - Overview
Exhibit 114: Revolution Prep LLC - Product / Service
Exhibit 115: Revolution Prep LLC - Key offerings
12.15 Sylvan Learning LLC
Exhibit 116: Sylvan Learning LLC - Overview
Exhibit 117: Sylvan Learning LLC - Product / Service
Exhibit 118: Sylvan Learning LLC - Key offerings
12.16 TPR Education LLC
Exhibit 119: TPR Education LLC - Overview
Exhibit 120: TPR Education LLC - Product / Service
Exhibit 121: TPR Education LLC - Key offerings
12.17 TutaPoint LLC
Exhibit 122: TutaPoint LLC - Overview
Exhibit 123: TutaPoint LLC - Product / Service
Exhibit 124: TutaPoint LLC - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 125: Inclusions checklist
Exhibit 126: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 127: Currency conversion rates for US$
13.4 Research methodology
Exhibit 128: Research methodology
Exhibit 129: Validation techniques employed for market sizing
Exhibit 130: Information sources
13.5 List of abbreviations
Exhibit 131: List of abbreviations
- The global education services market is at a crossroads with the positive impact of technological advances such as online education, the implementation of AR and VR in teaching methods, and the use of interactive whiteboards. On the other hand, data and security issues and low digital literacy rates are having a negative impact on the growth of the market. The combined impact of these factors will lead to high growth in the global education services market.
- education: Includes technical education, language learning, test preparation services, tutoring services, makerspaces, vocational training, and distance learning courses and certifications
- emphasis on mobile learning: The increasing use of smartphones is encouraging education service providers to introduce mobile learning modules. Mobile learning has several advantages, such as flexibility and convenience. Therefore, users can schedule and complete the course/training according to their convenience. Mobile learning is also an experience of personalized learning as users can take training as per their requirements.
- digital literacy rates: Educational hardware and software have not been realized in tandem with the availability of trained staff in educational institutions. Institutions find it difficult to integrate technology into business processes. This is because of the inability of the faculty and administrators to understand applications and optimal use. The deployment of these applications alone by colleges and universities is not enough.