Global Online Tutoring Services Market is Expected to Foresee Significant Growth During the Forecast Period. North America to Witness the Highest Growth
- Vikas Kumar
- December 30, 2021
- NEWS, TELECOM & IT
- Online Tutoring Services Market Growth, Online Tutoring Services Market News, Online Tutoring Services Market share, Online Tutoring Services Market size, Online Tutoring Services Market Trend
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The global Online Tutoring Services market is expected to grow significantly by 2027 expanding at a reasonable CAGR of around 13% during the forecast period (2021-2027).
With internet users growing by an average of more than 1 million new users every day, it has been observed that the number of users is surging at an explosive rate of more than 11 new users per second globally. Mobile internet penetration, as well as mobile application use, also account for an ever-increasing share of online activities. Mobile phones capture the major share of the total time spent by people on the internet. For instance, smartphone activities taking up the most time (over three hours a day) include instant messaging (38%), social media use (35%), listening to music (24%), and web browsing (20%). The activities taking up the least time (under five minutes a day) are SMS texting (51%), watching movies (43%), reading and writing e-mail (38%), and talking on the phone (32%).
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The rapid growth of online tutoring has accelerated with higher speed, with persistent growth and development of the Internet and massive improvements in the technology and communication industry as well. A rise in internet penetration globally coupled with the adoption of smart devices such as laptops, phones, and tablets is leading to the growth of the market. As of 2021, the global average internet penetration is 65.6%, in which North America region is the leading region with 93.9% whereas Africa has the lowest penetration with 43.2%. Moreover, the global shipments of laptops are expected to increase from 173 million units to 272.4 million units by 2025, as revealed by Statista.
The launch of numerous mobile applications such as brain, learn next, unacademy, etc., are also adding pace to the growth of the market. In September 2020, Info Edge (India) Ltd.’s job portal Naukri.com reported that it had witnessed four-fold growth in demand for e-learning professionals in the past few months compared to 2019.
The pandemic has also brought a sudden disruption to education systems around the world, many of which have operated in the same way for centuries. As per UNESCO, More than 1.5 billion students and youth across the planet are or have been affected by school and university closures due to the COVID-19 pandemic. Moreover, colleges and schools around the world have closed their campuses and moved delivery of their programs online. However, it is not just currently enrolled students who are learning from their laptops. Non-traditional learners, who would usually have full-time in-person jobs and a myriad of obligations, are making the most of their spare time by up-skilling through online courses
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Based on the Type, the market is fragmented into Structured Tutoring, On-Demand Tutoring. The on-demand tutoring segment grabbed the major market share and dominated the market. On-Demand Tutoring is an on-demand, online tutoring service offered at no cost to the employee or student. The benefits of on-demand tutoring such as Flexibility, Tailored tuition, One-on-one support, Learning at own pace, Easily accessibility, etc. are acting as a growth catalyst to the industry
Based on the Duration, the market is fragmented into Short-Term Courses and Long-Term Courses. The long-term courses grabbed the leading market share and dominated the market. The segment is promulgating owing to the fact that long-term courses hold significant value. Also, long-term courses have been adopted for continuous developments in learning methods for under-resourced students.
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Additionally, the report provides detailed initiatives that are being taken in the field of Artificial Plants. The market is classified into distinct regions including North America (the U.S, Canada, Rest of North America), Europe (Germany, France, Spain, Italy, and United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and the Rest of APAC), Rest of World has been conducted. North America region dominated the market and grabbed major market share in 2020. A rise in smartphone adoption coupled with the presence of numerous online tutoring service providers in the countries such as the united states and Canada is leading to the growth of the online tutoring services market in North America. However, the Asia Pacific region is expected to witness the highest CAGR during the forecast period.
Global Online Tutoring Services Market Segmentation
Market Insight, by Type
- Structured Tutoring
- On-Demand Tutoring
Market Insight, by Course Type
- Language Courses
- Science, Technology, Engineering, and Mathematics (STEM) Courses
Market Insight, by Duration
- Short-Term Courses
- Long-Term Courses
Market Insight, by Region
- North America
- United States
- Rest of North America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Rest of World
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