Global Private Tutoring Market in the US to grow by USD 8.37 billion: COVID-19 Focused Report|Impacts of Drivers and Challenges|Technavio

NEW YORK, May 26, 2021 /PRNewswire/ — The private tutoring market in the US is poised to grow by USD…

NEW YORK, May 26, 2021 /PRNewswire/ — The private tutoring market in the US is poised to grow by USD 8.37 billion during 2021-2025, progressing at a CAGR of almost 8% during the forecast period.

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The report on the private tutoring market in the US provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The private tutoring market in the US will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the rising popularity of personalized learning.

The private tutoring market in the US analysis includes the type, application, and geography landscape segments. This study identifies the increasing emphasis on microlearning as one of the prime reasons driving the private tutoring market in the US growth during the next few years.

This report 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.

The private tutoring market in the US covers the following areas:

Private Tutoring Market in US Sizing

Private Tutoring Market in US Forecast

Private Tutoring Market in US Analysis

Market Dynamics

Market Drivers

  • Growing emphasis on STEM education
  • The rising popularity of personalized learning
  • Availability of subject proficiency assessments and certifications

Market Challenges

  • Availability of open-source material
  • High development cost associated with e-learning courses
  • Constraints related to digitization of educational content

Companies Mentioned

  • Chegg Inc.
  • Club Z! Inc.
  • Growing Stars Inc.
  • Huntington Mark LLC
  • John Wiley & Sons Inc.
  • MindLaunch Coaching
  • Pearson Plc
  • Sylvan Learning LLC
  • Varsity Tutors LLC
  • Wyzant Inc.

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Key Topics Covered:

1. Executive Summary                 

2. Market Landscape                    

 2.1 Market ecosystem 

Exhibit 01:  Parent market          

Exhibit 02:  Market characteristics           

 2.2 Value chain analysis

  2.2.1      Inputs 

  2.2.2      Operations       

2.2.2.1   Pitching and profiling

2.2.2.2   Resourcing and communicating

2.2.2.3   Delivery and support

2.2.2.4   Connecting and innovating

  2.2.3      Marketing and sales      

Exhibit 03:  Value chain analysis: Education services       

3. Market Sizing                              

 3.1 Market definition   

Exhibit 04:  Offerings of vendors included in the market definition           

 3.2 Market segment analysis     

Exhibit 05:  Market segments   

 3.3 Market size 2020     

 3.4 Market outlook: Forecast for 2020 – 2025     

Exhibit 06:  US – Market size and forecast 2020 – 2025 ($ million)

Exhibit 07:  US market: Year-over-year growth 2020 – 2025 (%)  

4. Five Forces Analysis                 

 4.1 Five Forces Summary            

Exhibit 08: Five forces analysis 2020 & 2025        

 4.2 Bargaining power of buyers

 4.3 Bargaining power of suppliers           

 4.4 Threat of new entrants        

 4.5 Threat of substitutes             

 4.6 Threat of rivalry       

 4.7 Market condition    

Market condition – Five forces 2020        

5. Market Segmentation by Type                           

The segments covered in this chapter are:

  • Curriculum-based learning
  • Test preparation         

Curriculum-based learning was the largest segment of the market in 2020 and will continue to be the largest segment of the market in 2025, growing slower than the overall market. It would grow at a compounded annual growth rate of around 6% between 2020 and 2025.         

 5.1 Market segments   

Exhibit 15:  Type – Market share 2020-2025 (%)

 5.2 Comparison by Type

 5.3 Curriculum-based learning – Market size and forecast 2020-2025        

Exhibit 17:  Curriculum-based learning – Market size and forecast 2020-2025 ($ million)  

Exhibit 18:  Curriculum-based learning – Year-over-year growth 2020-2025 (%)   

 5.4 Test preparation – Market size and forecast 2020-2025           

Exhibit 19:  Test preparation – Market size and forecast 2020-2025 ($ million)     

Exhibit 20:  Test preparation – Year-over-year growth 2020-2025 (%)    

 5.5 Market opportunity by End-user      

6.  Market Segmentation by Learning method                        

The segments covered in this chapter are:

  • Online learning
  • Blended learning           

Online learning was the largest segment of the market in 2020 and will continue to be the largest segment of the market in 2025, growing faster than the overall market. It would grow at a compounded annual growth rate of around 9% between 2020 and 2025.       

 6.1 Market segments   

Exhibit 22:  Learning method – Market share 2020-2025 (%)        

 6.2 Comparison by Deployment

 6.3 Online learning – Market size and forecast 2020-2025              

Exhibit 24:  Online learning – Market size and forecast 2020-2025 ($ million)        

Exhibit 25:  Online learning – Year-over-year growth 2020-2025 (%)          

 6.4 Blended learning – Market size and forecast 2020-2025           

Exhibit 26:  Blended learning – Market size and forecast 2020-2025 ($ million)     

Exhibit 27:  Blended learning – Year-over-year growth 2020-2025 (%)      

Exhibit 28:   Market opportunity by Learning method  

7. Customer landscape                

Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria            

8.  Drivers, Challenges, and Trends              

 8.1 Market drivers         

  8.1.1      Growing emphasis on STEM education 

  8.1.2      Rising popularity of personalized learning           

  8.1.3      Availability of subject proficiency assessments and certifications

 8.2 Market challenges  

  8.2.1      Availability of open-source material       

  8.2.2      High development cost associated with e-learning courses          

  8.2.3      Constraints related to digitization of educational content             

 Impact of drivers and challenges             

 8.3 Market trends          

  8.3.1      Increasing emphasis on microlearning   

  8.3.2      Rising influence of data analytics on tutoring services    

  8.3.3      Rising popularity of mobile applications and connected devices in private tutoring            

9. Vendor Landscape                     

 9.1 Overview   

 9.2 Landscape disruption            

Analysis of Criticality of inputs and Factors of differentiation      

Industry risks   

10. Vendor Analysis                      

 10.1 Vendors covered  

 10.2 Market positioning of vendors       

 10.3 Chegg Inc.

 Overview           

Business Segments        

Key Offering     

Segment Focus

 10.4 Club Z! Inc.

 Overview           

 Business Segments        

 Key Offering     

Segment Focus

 10.5 Growing Stars Inc.

 Overview           

 Business Segments        

 Key Offering     

 Segment Focus

 10.6 Huntington Mark LLC          

 Overview           

 Business Segments        

 Key Offering     

 Segment Focus

 10.7 John Wiley & Sons Inc.       

 Overview           

 Business Segments        

 Key Offering     

 Segment Focus

 10.8 MindLaunch Coaching        

 Overview           

 Business Segments        

 Key Offering      

 Segment Focus

 10.9 Pearson Plc             

 Overview           

 Business Segments        

 Key Offering     

 Segment Focus

 10.10 Sylvan Learning LLC           

 Overview           

 Business Segments        

 Key Offering     

 Segment Focus

 10.11 Varsity Tutors LLC

 Overview           

 Business Segments        

 Key Offering     

 Segment Focus

 10.12 Wyzant Inc.          

 Overview           

 Business Segments        

 Key Offering     

 Segment Focus

11. Appendix                   

Scope of the report       

Currency conversion rates for US$          

Research Methodology

Validation techniques employed for market sizing           

List of abbreviations

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