Online Tutoring Market by Type, Product, Course, End-User - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

Description

List of Tables

The Global Online Tutoring Market is forecasted to grow significantly, with a projected USD 11,048.34 million in 2023 at a CAGR of 19.64% and expected to reach a staggering USD 38,947.20 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Online Tutoring Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Online Tutoring Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Asynchronous Online Tutoring and Synchronous Online Tutoring. The Asynchronous Online Tutoring commanded largest market share of 61.65% in 2022, followed by Synchronous Online Tutoring.

Based on Product, market is studied across Subject Tutoring Service and Test Preparation Service. The Subject Tutoring Service commanded largest market share of 67.39% in 2022, followed by Test Preparation Service.

Based on Course, market is studied across Language Course and STEM Course. The STEM Course commanded largest market share of 72.13% in 2022, followed by Language Course.

Based on End-User, market is studied across Corporate Education, Elementary School, Pre-School Education, Secondary School, and University & Higher Education. The University & Higher Education commanded largest market share of 34.19% in 2022, followed by Corporate Education.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.06% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Online Tutoring Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Online Tutoring Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Online Tutoring Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Online Tutoring Market?

4. What is the competitive strategic window for opportunities in the Global Online Tutoring Market?

5. What are the technology trends and regulatory frameworks in the Global Online Tutoring Market?

6. What is the market share of the leading vendors in the Global Online Tutoring Market?

7. What modes and strategic moves are considered suitable for entering the Global Online Tutoring Market?

Product Code: MRR-433AB1DC2854

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Online Tutoring Market, by Type, 2022 vs 2030
4.3. Online Tutoring Market, by Product, 2022 vs 2030
4.4. Online Tutoring Market, by Course, 2022 vs 2030
4.5. Online Tutoring Market, by End-User, 2022 vs 2030
4.6. Online Tutoring Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Flexibility & Autonomous Learning Offered by Online Tutoring
  - 5.1.1.2. Loopholes of the Standard and Traditional Education System
  - 5.1.1.3. Emphasis on Personalization and Adaptive Learning
- 5.1.2. Restraints
  - 5.1.2.1. Lack of Personal Connection with Students
  - 5.1.2.2. Lack of Access to the Equipment and Technical Issues
- 5.1.3. Opportunities
  - 5.1.3.1. Increasing Investment in Online Tutoring
- 5.1.4. Challenges
  - 5.1.4.1. Unbalanced Demand and Supply of Online Tutors
  - 5.1.4.2. Limited Awareness & Trust Issue Associated with Online Tutoring
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization
- 5.9.1. Increasing emphasis on mobile-based tutoring
- 5.9.2. High adoption of AI

6. Online Tutoring Market, by Type

6.1. Introduction
6.2. Asynchronous Online Tutoring
6.3. Synchronous Online Tutoring

7. Online Tutoring Market, by Product

7.1. Introduction
7.2. Subject Tutoring Service
7.3. Test Preparation Service

8. Online Tutoring Market, by Course

8.1. Introduction
8.2. Language Course
8.3. STEM Course

9. Online Tutoring Market, by End-User

9.1. Introduction
9.2. Corporate Education
9.3. Elementary School
9.4. Pre-School Education
9.5. Secondary School
9.6. University & Higher Education

10. Americas Online Tutoring Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Online Tutoring Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Online Tutoring Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player

14. List of Company Mentioned

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing